HomeMy WebLinkAbout0364 and shall pe?forttt, comply with and abide by ea~`lt and et?ey the agreetrtents, stlpubttoru. conditions and
covenants lhereo/. and of this mortgage. then this mortgage and the state hereby created. shall cease, de-
termine and be null and void.
the mortgagor hereby further covenants and agrees to pay p?ontptly when dw the principal and
interest and other stuns of money provided for in said note and this moNgage, or either: to pay nU and
singular the taxes, assessments, levies. Itnbiliftes, obltgnftona, and encumbrartees of every nnttue on said pro-
. party; fo permit, commi! or su1/er no waste. tmpatrment or delerio?ation of sold Iond or the improvements
fhereo» of anp lirnr: !o keep the buildings now or heerajtar on said land /ully truured to a sum of not less
than
in n company or companies neceptabb to the mortgagee, the police or policies to be held by, and payable
to, said mortgagee, and irt_ the event any stun of money becomes payable by virtue of such lnsurartce the
mortgagee shall haw the right to receive and apply the same to the indebfedneu hereby secured. aceounttng
to the mortgagor for any atup[w: to pay alI costs. charges, and expenses, including lawyer i jees and tttb
searches. reasonably incttrred or paid by the mortgagee bemuse of the failuro of the mortgagor to promptly
and fully comply with tl/e agreements, stipulations, conditions and covenants of said torte and this moNgage.
or either: to perform, comply with and abide by each and every the agreements. stipulations, eondiflons and
covenants set forth in said note and this mortgage or either. In the event the mortgagor /ails to Pay when
due any tax, assessment, insurance premitun or other sum o/ money payable by virtue of said note and this
mortgage. or either. the mortgagee may pay' the snore. without tvatving or aj/acting the option to foreclose
or any other. right hereunder, and all such payments shall bear interest from date thereof at the highest law-
(uI rote then allowed by the laws of the State of Florida.
7l any sum of money herein rnf
erred fo be not promptly paid within thilLy(30~days next niter
the same becomes due, or if each ttrtd.every the agreements. stipulations, rnnditions and rnwnanb of said
note and this mortgage, or either, are not fully performed, complied with •and abided by, then the entire
sum mentioned in said note. and this mortgage, or the entire balance unpaid thereon. shall forthwith or
therea/tar. at the option o/ the mortgagee. become and 6e due and payable. anything in avid note or herein
to the controry notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this txortgnge occrued or
!hereof ter accruing.
~n ~he~eof, the said mortgagor has hereunto signed and scaled these presents the
clay and year )scat above u?ritten.
Signed, s d and delivered in the presence of
• ffitALD PROPST
I . . PRO
ROBIN
STATE OF FLORIDA. ~ e
COUNTY of PAIM BEACH
I HEREBY CERTIFY that on th"?: day, belorc me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take ackcwwledgments, personally appeared
GERALD W. PROPST t;nd ROBIN PROPBT, his wife
to me known to be the person Sdescribed in and who executed the (orcgoinq instrument and they acknowkdaed
before me that the/ executed the same. 7~ _
WITN S my hand and official seal in the County and State last aioresaid this . der of . ~
A. D. 190 ~ -
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z.:' _ O f ~ n ~ yMr C7OaR~M.,I/SS~IjQ~I`!,, tt~R~t1~9 v K=
1 . - u.~ tl titer/ ,lMI w~ •'-4T~' i _ ~ _ s -
4~ of
l~iis lus/rrunrn~ err parcel Gy: sal~i? L • Teel
P.O. Box 3025
AJJrru ~tg~, FL 33k62 f
80GK PAGE 364
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