HomeMy WebLinkAbout2910 ~i .
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r. To pay aU and iinyular Llae principai a~d i~tereat ana ocher auma oj maney payabte by
~ virtue oJ aaid promiaaory note- and thia desd~ or eithsr, promptty on ths day~ resptctively tAs
' aame aeverally become due.
~ 8. To pay a1! and aing~at ths taxea, aaaeaamenta, leviea, liab~itiea, obli~atio„a, and enoum-
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~I brancea of every rwture on aaid deacribad property. ulch anai every, and ij ths same be rat prompt~
ly paid the iaid Mort~apes_, his ~a, leyai reprsasntatives or aatipr~+, 'ma~? at axY
I time pay the same witl~out waiviny or a~Jsctiny the option to Joreeloae or any ri~ht hereuttder,
and every payment ao made ahaA bear intereat ~rom ths date thareof at the rnte oj ~0 per
~ ce~tt. per anntpR.
I s. To pay al! and aingular the coata, eharyea and expenaea, inci~cding ~awyer'a iees, reaaon-
I ably incurred or paid at any time by aaid MortQagee_, his h.,R;.~, I~~ ~.~~~tiw
, or aaaigna, because of the fwTure on tl~s part of the said Mortgagor S., their ~a, ~D~
i rapreae~ntativea or aaai~na to P~'f~, ~Ply toith and abide by each and every the atipsJatiofta,
~ agreementa, conditiona a~nd covenanta o~ 8aid promiasory note a»d this deed, or either. and
every/ such pai/ment ahaii bear intereat from dats nt the rnta of 10 per cent. per ~nnum.
~ To keep the bu~dinga now or herta~ter on aaid land inaured in a aum not leaa than
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1~oUara, itt a company or compa.r~iea
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to be approved by said Mortgagee-, and the policy or policiea held by and payoble to said Mort-
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I; gageer, keira, leyai repreaentativea or asaigns, and in the everat
any sum of money becomea payable under auch policy or policiea, the Mortqayee_,
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" ketirs, legal repreaentativea or aasigns, shali have the option to receive and
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' apply the same on account of the indebtedneaa hereby aecured or to permit the Mortgagor to
receive and use it or any part thereof jor other purposes, without thereby waiving or impairin~
~ i~ any equity, lien or rtight under or by virtue of thia mortgage, and may place and ?xii/ for such ~
i; insurance or any part thereof with.out wa.iving or affecting the option to forecIose or any right
hereufeder, and each and every auch payment shall bear interest from date at the rate of
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~ ; per cent. per annum.
5. To germ:t, comm:t or suffer no waste, impairment or deterioration. of said praperty. or any t
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~ part thereof. ;
~ 6. To er orm com i with and a.bide b each and ev `
~ p f . ~ y , y erl/ the stipulatians, agreementa con- .
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~ ditions and covznants in said qiromissory note-, and in this deed set forth. ;
~ 7. If any of said sums of money herein referred to be not promptiy and fully paid within ~
~ 10 days next af ter the same severail become due a,nd ~
~ y paya.ble, or if each and ever~/ the
stipulations, agreements, conditiona and covenants of said promissory note_ and this deed, or ,
~ either, are not fu11y performed, compiied with and abided by, the said aggregate sum merctioned I ;
~ in said promissory note_ shall become due and ~ayable forthwfth or thereafter at the option of i
~ the 1~iortgagee-, his 7~.rs, legal representatiues or assigns, aa fully and compietely '
~ as if the said a.ggregate sum. of Six thousand five hundred fifty---- ~~ra were
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q originaJly stigulated to be paid on such day, anything in said ~romissory note_ or herein to the ~
~ contrarl/ notwith.standing. s
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' IN WITNESS WHEXEOF. the 8aid Mortgagors ~ have hor~nto set their
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= hand S ~nd seai
S the day and year firat above writt n. '
- i` Sig , ealed a, el' presene of (Seai) i
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/7?r~ /,~v.r~~~~r»i ~~r~ fvrrr,> 1~~~: Eugene A. Peer , Peer and Selmi ,
: .~,/,/r,,; 507 Highway 707, Jensen Beach, Florida 33457. 80~jK`Z~~ PAGE~9 ~
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