HomeMy WebLinkAbout1983 and shall perform, comply with and a61de 6y each and every the agreemerb, stipulationi, conditions and
cotenants thereof. and of this morigape, Ihen fhb mortgage and the estate h.r+.by crated, shall cease. de•
termine and 6v null and told.
1hP mortgagor hert?6y further covenants and agrees to. poy promptly when dw the prtnNpal and
fnferal and other sums of money provided for !n sold note and thb mortgage, or either; to pay all and
singular the taxes. assessments, levies, liabiltfies, obligations, and encumbranns of every Wotan on said pro-
perly: to permlf. commit or suffer rto waste.-impairment or deterioration of sold land or the improvsmenb
lherren of arty time; to beep the 6utWings now or herraf ter on said land fully insured in a sum of not less
than highest insurable value -
in a company or companies acceptable to the mortgagee, the- policy or policies to be held by. and payable
to, said mortgagee, and in the event any sum of money • becomes payable 6y virfw of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness herby secured. accounting
to the mortgagor for any surplus; to pay all costs. charges, and expenses. including lawyer's fees and tilt
searches, reasonably incurred of paid 6y the mortgages because of the jatlur of the mortgagor to promptly
and_ fully comply wllh the agreements, stipulations, conditions and eovsnartts of said not. and this mortgage.
or ellher; to perform, comply with and abide by each and every the agreements. stipulations. eonaltfions and
rnuenants set forth in said note and this mortgage or either. In the event the mortgagor faib to pay when
dw any tax, assessment, insurance premium or other sum of money payable by victor of said Hole and this
mortgage, or either. the mortgagee may pry the same. without waiving or affecting the option to foreclose
or any other right .hereunder, and all such payments ahali bear interest from date thereof at the highest law-
ful rate flier allowed by the lotus of the State of Florida.
~l any sum of money herein re~PK~ t0 be not promptly paid within 15 drys next after
the same becomes due, or ij each and every the agreements, sfipulnfions, conditions and covenants of said
note and flits mortgage. or either, are not fully performed. rnmplied with and abided by, then the entire
:um mentioned in said note, and this mortgage, or the entiro balance unpaid thereon. shall forthwith or
thereajfer. at the option of the mortgagee. become and 6e due and payable, anything in said note or herein
to the contsnry notwithstanding. Failure 6y the mortgages !o exercise any of the rights or options herin .
provided shall not constitute a waiver of any rights or options under said note or fhb mortgage accrued or
• Iher+eajler accruing.
~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the
" day and year tint above u~rilfen. -
Signed, sealal and delivered in the presence oj: ~
JAMES B . PIT CK , JR.
STATE OF FLORIDA, ~ -
couNTY of MARTIN
I HEREBY CERTIFY that on this day. before me. an
officer duly authorized in the State -aforesaid and in the County aforesaid to take ackaourledgments. personally appeared
JAMES B. PITCOCR, JR., a married man,
- to me known to be the person descn'bed in and who executed the forcsoing instrument and he acknowkdRed
before me that hg executed the same.
WI'l-NESS my hand and official seal in the County and State last aforesaid this / 6 day of
February A. D. 19 79.
FiIED ANQ _RECORb~D.~ .
LUC1F'Gv^UN?Y. FLA.- _ ---h/..:.---
. ~~,,~~6 Notary Public
•'~ots~;F~' Seal `u ; 3$ My Commission Expires
- ,`t~ - s+ ~ ~ wOT~1RY PtNt.IC STAfE ~ fLORIQA AT WK~
~ ; • : t'+~ c:.. AAY C4MMrSS10N tAY6 MR. 11 191
` - C L_c,~ K C ~ R ~ ~ ~ ~onUJO TMtt tiBrefK Ira . tiuoEt~wrrt ~ttts
~oa>f ~cE19~
I7iu I,wrumcn( pre-p~ard by: Larry M. Stewart, Attorney
Addass 401 East Osceola Street, Stuart, Florida 33494
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