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HomeMy WebLinkAbout0524 and shal! pe?Jorm, rnmply wtlk nnd a6lde 6y eucl~ and erery tl~• agrs~ments, atipulationi, condittons and cot+erwnlr lhereoj. and o~ tl~is mo?tgaes, tl~en thta n~wtgag~ and th~ ~stnle I~~ebr creol~d, ahall cease, d~- 1e'rmtne and b~ null and vold. i1~ I~e morlgogo? hen+by ~uH6ar covenanta o~d Qere~s ~o ~wy P.omP~ly wl~en due !he p?tnctpal and inte?pst an~ ofke~ •ums o~ moner pro~idvd jor in satd noto and fhit morfgage, or eittie?; to pay al~ and aingu~ar ti~e taxea, assessmenti, ~vtoa, ~tubi~iti~a, ob~igottons, an~ encu~nbronces of e~e?y naturs on said pro- peMy: fo pe~nil. commlt or su~~er no waste, impair~nenf w detniowfion o~ said land or Itit tmprouen~enb f~er+eon af any Itme: to ~e~p fhe bul~tngs now or tie~ra~t~ on said land jully tnsurec~ irt a sum of not ~ess t6nn in o compuny or compnnies acceptab~ fo I~e mortgngw. fhe po~tcp or po~tciea to bs I~e~ bg, nncl pa~+ub~e to. said ?no?tgagee. nnd in ftiv euont any sum o~ moner ~c~on~e~ para6le by vi?lue of ruch insurnhct ttie mortgagee sl~nll have tf?e ?igl~t to receive and apply ll~e samt to tkt indebtednesi here6y secured. aecounttng fo the mortgagw f or any surp~us; lo pay al~ eosb. ctiaeges. and expe~s~• inc~udtng ~awyer s jess and tlf~e 3PQ/C?IPJ, ?pasona6ly innu.ed or ~id br el~e ~a9e. ~Cause of th~ ~ai~ure o~ !he mortgagor to prompt~r nnc~ f u~~y comp~y wifti ftie agreemants, rtipu~aftoni, rnnclitions and covenanfs o/ soid note and thL morlgnge. or eil~er; to perf orm, c~omply witl~ end a6id~ 6y each and •ewry Ihe ugroemenb, atipulations, coruliiio?u and cove~ants set (orfh in said nott nnd lhis mortgupe or atthe~. /n Ihe euent fhs morlgagor (aiV to pay when due anr tax, assessment, inswanco premium w otl~er iwn oj money pnpa6le 6y ufrlue oJ aaid note and tkts morfgnga, or eiftier. t~e morlgngee may pay the snme, withouf waining or a~~ectFng ttie oplion !o jorec~oae or anr otl~er ripl~t kereunder, and al[ such ~r~na ,hall 6eo~ ~n~e.~st (rom date lhereo~ at tl~e ti~ghest Iaw- ~ (uI rate then allowed by the lauu o/ 11~e Stnte of Flw~da. any sum of money herein re(e?rec~ lo be not prompl~r pnid within fifteen dari next a~fer t~e same becomes c~ue, or ij eoc{? and every ttie ag?eernenfs, afipulafions, conc~itions and couenants o~ snid note and lhis mortgage. or eitker, are no~ faUr ~o?n~ed, rnrnplisd wilh •and abided by, tl~en the enlire sum mentioned in aaid note, nnd this nwrtgage, or tke entir+e 6alaitc~ unpaid Ihe~ron, s1~aU forll~with or thereajter, at tl~e optfon oj !he mortgagee. 6soome and 6e due a~d paya6k, anyt6ing in said note or herein to lhe confro?y nolwii~slanding. Failure 6y tlw ntorfgagee to exercbs any o( !ke rig~ts or options ~erein prouided shnl[ not constifute a u~oiner o~ any rig~ts or optiont under iaid note o? ftiis eno?lgage accrued or thc~rcrea~ler accruing. ~n ~lLll~ W~O~~ 1{~e safd nwrfgagor ~as hes~eu?~to ~ignec~ and sen~ t~ese presenls fhe day and year (irst a6ove wrlften. Signed, sealed and deli~~ered in fhe prosenco of : ~ . ~ ~ - - - - - - . , . . ! - - t---------•--- - • - ~ ; ~ ~ ~ `u~- E - - ~ ; - ; ~ i ~ ~ STATE OF~ F L p a~ AA ~ COUNTY OF ~j ~~Q ~j ~ I HEREBY CERTIFY that on this d ar. b e fore me. an officcr duly authorued in the Statr atorcuid and in the County a[oresaid to tak~ acknowkdqments, peraonallp appeared HERHERT C. B1~IGHT . to me known to Ix the pcrson described in and who executed the [orcsoins instrument and he acknowkd~ed before me that he exccuted the same. N'ITNESS iny hand and o(ficial xal in the Counq and Sate last aforesaid this /s t dar of ~ ~ A. D. 19 ~8. ~ R~~~~'JE~ ~ f Ep AMD ~~Xt`( f~" . . . . . . - ~ 5~ F~ ~~R p~''~... Notar9 blic - : ~~,fc hiy ~ommission Expires: ~ ~ ' ~ ,1~~~ (impresaion seal) ~ g« ~ 6 a~ ~~oT ~?,~r n,wt u~+n a Ro~o+? ~t v~ ~ ~~t a~~~ ~pr ao+~uuss~oN o~i~s ~w. v tv~~ . ~ ~p,10(p T}~11 ~L M. II~DE~W~l~ERS ~ t'~1~lO~IAi.ii~ Jii~ ~ ,~.i~+~r,~,ed. ; tt u . ; ~ '~"'"?#ae't+n~`1~~'~: ~ct~ILI,Ai1 ~f.' ,.o~. ~ M~!!'t,~l~f~i AND SHEAR, P.A. p; • ~ Tl,r~ I,wru~„~nr p~rp~r~rd by: 1074 P1E Commercial Street 1: a~ r " . Jensen Beach Florida 33~+57 ' U ~ ' ~ ~+~r~~,~u ~~t a ~ Tele hone: ~305) 334-7377 ~ . 0R ~ ~ ,R1. ~ 2 ~ ~ ~ ~ ~ ~ _ ~ < . . _