HomeMy WebLinkAbout1599 and shall perform, rnmply with and abide by sorb and every the agreemenla, slipulati.^rts, conditions and
covenants thereof, and of this mortgage. then this mortgage and the estate hereby rented, shall cease, de-
termine and 6e null and twirl. -
~nd the mortgagor hereby Jwther eouenanfs and agrees to pay promptly when due the principal and
interest and other sums of money provided for to aaid note and this mortgage, or either; to pay all and
singular the taxes, assessments, levies, liabilities,. obligations, and encumbrances of every nnfura on said pro-
perty; to permit, rnmmit or suffer no waste, impairment or deterioration. of said land or the improvements
thereon at any time: to Iteep the buildings now or htn+naf
ter on said land fully insured in n sum of not leis
Than unpaid balance of this mortgage
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 virtue of such tnatunnce the
• mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aceotutttng
to the mortgagor for any surplru; to pay all cost:, charges, and expenses, incltultng lawyers fees and title
sea?rhes. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and (ally rnmply with the agreements, afipulattons, conditions and covenants of aaid note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditionu and
covenants set forth 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 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the snore, without tuatuing or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from dote thereof at the highest law-
(ul rate `then allowed by the lows of the State o/ Florida.
~l any sum of money herein re(errnd fo 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 either, are not fully perfotorted. complied with •and abided by, then the entire
sttm mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be dne and payable, anything in said note or herein
~ to the controry notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not consfihtte a waiver of any rights or options under said note or this mortgage acmied or
Ihereaffer accruing.
~n witness thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed. Sealed and dPlit+PrPd in the presence of : - -
t
. nC. i sn.
2-; -
rol J. avidson
STATE OF d ~ t v
COL'\1TY nF r' hKvtn 6 ~ L
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
JOHN C. DAVIDSON and CAROL J. DAVIDSON, his wife
to m~• known to be the prrson S described in and who executed the foregoing instrument and have acknowled;ed
before me that they executed the same.
ITIESS my hand and official seal in the County and State last aforesaid this 30 ~ day of 1
I
. - a-
S. AL ERT, N., ry p::~lit ( ,
.y,~:. ~ . . " _ . - ~ ~ X ~ I a eS . M~honing b Trumbull Coun!ies, Ohip
, Mp~ .Ibr Commission fxpira tuna 6, 1983
- 'T9 try 6 PM ~ : 40 ~
_ ~
J ~ ~t r.
!lug Lir~nniu•~?! P"' pearl /y: MACMILLAN AND SHEAR, P . A .
;1,L/r~:ct 1074 N . E . Commercial STreet
Jensen Beach, Florida 33457
(305) 334-7377
e~~x~ ~.acE1~J~