HomeMy WebLinkAbout1076 and shall perform, comply u~ifh and abide 6y each artd every the agreements, stipulations, conditions and
covenants thereof, and of this murlgape, then this mortgage and fhs estate- hereby created, shall cease, de-
IPrmine arld !M null and t~Oltl.
the mwfgagor 1?en+by f urlher covenants and agrees to pay promptly when due the principal and
tnteresl and other sttnu of money provided for. fn said note and this mortgage, or either; to pay all and
singular the tarts, assessme?tla, levies, liabilities, obllgalions. and encumbrances of every nature on antd pro-
- petty: to prrmil. commit or sett
fir rto u~asle, impairment or deterioration of said land or the improvements
iher+ecn al any lime: to letep Ilte bttildirtga now or hereafter on said land fully insured in a sum of not less
Than highest insurable value
in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
lo, said morlgagep, artd in the event any sum of money becomes payable by virtue of stub insru~artce the
mortgagee shall have the right to rrceiue and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any surplus: to pay all costs, charges, and expenses, including ~awyeri fees and title
searches, reasonably incurred or paid by the mortgagee because of the (ailtue of the mortgagor to promptly
and fully comply with the agreements, stipulations, rnndifions and covenants of said Hole and this mortgage.
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set Jo?th in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mwfgagee .may pay the same, without waiving or affecting the option to foreclose
or any other right hertttnder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate then allowed by the latos of the State of Florida.
~L any sum of monrv herein referred io be not promptly paid within fifteen days next after
the same becomes due, or iJ each and every the agreements, stipulations, conditions and covenants of. said
note and this mortgage, or tither, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and Ibis mortgage, or the entire balance unpaid ther+eon,'shnll forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said Hole or herein
to the conlrory notu~ifhstandirtg. failure by the mortgagee to exercise any of the rights or options herein
provided shall not constiluft a u•aivtr of any rights or options under said note or this mortgage accrued or
fhttraflrr accruing.
~n ~t~~SS ~he~eof, flee said mortgagor has hereunto signed and sealed these presents the
day and year f/irs~ above tnriften.
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Si nedsPa and tlivrr e presrnce of _
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v • RONNIE L. BURGESS
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STATE OF FLORIDA,
cOt-~TV OF MARTIN
I HEREBY CERTIFY that on this day, before tae, an
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a ( officer duly authorized in the State aforesaid and in the County aforesaid to take acktwwledgmenu, personally appeared
~ iI RONNIE L. BURGESS, a single man
t to me krw~vn to tx~ the person described in and who a:crated the fore¢oinq instrument and he ackrwwledged
I~eforr me that he rxecuted the same.
f N•Il \ESS my hand and official seal in the County and Sute last ~otesai this ~ ~ ~ day ~ `
February A. D. i9 79.
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l'NOTARY SEAL) ~ N ARY BLIC
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i ~ ~ ° '~~4 My Commission Expires
- ~ ~ I! !:0 Al:3 RECORDED, /
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U R ~ s
soox~~ r~cE1~?
17ru Irrs~nnnrnt prrpar«I by: Lar„~,~.'F?: C„~~b+U~ty.
A~lit'irrs 401 E. Osceola Street, Stuart, Florida 33494
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