HomeMy WebLinkAbout1813 and shall perform, comply with and abide 6y each and every the agreements, stipulation's, conditions and
rove?tanfs thereof, aril of this mortgage, then Ihis mortgage and the estate hereby created, shall cease, d~-
termine and be nuU a?ed troll.
the mortgagor hereby jurlher covenants and agrees ro pay promptly when due the principal and
interns) aril other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the IaxPS, assessments, levies, liabilities, oblfgatio?ts, and encumbrances of every nnltue on said pro-
perty; to permit, commit or st?jjer rto waste, impairment or deterioration of said land or the improuementa
thereon of any time: to deep the buildings now or hernaJter on sgid land jolly insured in a sum of not less
than
in a company or companies acceptable to the mortgagee, the policy or policies !o be held 6y, and payable
to, snid mortgagee, and in the event any sum of money becomes payable 6y virtue of such instuance ate
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting 1
to the mortgagor jor any surplus: to pay all costs, charges, and expenses, including lawyer's jees and fide
searches, rnasortably i?tct?rred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; to perform, comply u~ifh and abide 6y each and every the agreements, stipulations, conditiona and
covena??fs set forth in said note and Ihis mortgage or either. In the event the mortgagor jails fo pay when
dire any fax, assessment, insurance premium or other sum of money payable by virtue of snid note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to /oreclose
or any other right here??nder. and all such payments shop bear interest from date IhPretrf at the highest lau•-
Jul rote Ihen allowed 6y the laws of the State of Florida.
)l any sum of money herein referred to be not promptly paid within thirty days next after
the same becomes due, or iJ each and Peery the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not Jolly performed, complied with and abided 6y, then. the entire
sum mentioned in said note, aril this mortgage, or the entire balance unpaid IherPOn, shall forthwith or -
fhereaffer, of the opfio?t of fhP mortgagee, become and bP due and payable, anything in said note or herein
to the confrary noltvifhstnnding. Failurn by the mortgagee fo exeTCise any of the rights or options herein
providPd shall not constilutP n waiver of any rights or options trader said note or Ibis mortgage accrued or
lhernajter accruing. -
~n ~itneSS ~heCeof, f?re said mortgagor has ?IPrnllnt0 signed and sealed 1ltese presents fhP
day and year first above tvriflen.
Signed. sealed and drlivernd in the presence of
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STATE OF FLORIDA,
~ CO['\TY OF _ _ MARTIN
~~jj I HEREBY CERTIFY that on this day, tx(ore mc, an
officer duly authorizetH in the State aforesaid and in the County aforesaid to take ackrwwledgmenu, personally appeared
IARRY M. S'1EWA$T, As Trustee, IAUISE PII"ID'ERT~fN bt N. BItI(~1AM P~K1Y1~I
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to me known to~t}x,~the-Persons described in and who executed the foreQOinq instrument and u~) acknowledged
before uze that u~7 executed the same.
F t~'I7:\ESS my hand and official seal in the County and State last afore id this ' arty of
s ( - -
i:.ED ~ RECORbEDt - - - --;---;-;~....4...
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Palm Beach, ~i, 33480
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