HomeMy WebLinkAbout2062 and shall per/orm, eom ly with and abide 6y each wtd every t?te agreements, atipulatio?is, co+tditions and
cot~enanls Thereof, and o this morigope, then Iha mortgage and the estate hereby cwated, shall oewe, de-
te?mine and be null and t d.
the mwtgapof' Newby ( fs and agrees to pay promptly when dw the principal and
interest and other sums of money provid for in said note anal fh4 mortgage. or stther: to pay all and
singular the taxes. assessments. Ieuies, Itabi Iles, obligations. and encumbronees of every nature on said pro-
perty: to permit. commit or suffer no waste. meat w deterioration of said land or the intprowmenb
thereon at arty time: fo deep the buildings now herof
ter on said land f
uUy Insured in a stun of not Iesa
than full insurable value
to a rnmpany or companies acceptable to the mortgages. the policy a policies to be held by, and payable
to, said mortgagee. and in alts event any stun of money become payable 6y vtrtw % such insurance the
mortgagee shall have the right fo receive and apply the saute to the indebtedness hereby secured, accounting
to the mortgagor for any aurplw: to prey all rnsts, charges. and expenses, including lawyer's (ors and title
searches, reasonably incu?red or paid 6y the mortgage. because of the (aihu~e~$f the mortgagor to promptly
and fully rnmply with the agreemenb, stipulations, co+tdittons and covenants of said mote and this mortgage. ;
or either: to perform, comply with and abide 6y each and every. the agreetrtenb, atipulattons, conditions and
covenants set forth to said note and this mortgage or either. In the evert! the mortgagor fdb fo prey when
due any tax, assessment, insurance premium or other stun of money payabb by virtue of said note and this
mortgage. or either. the mortgagee may pay the same. without waiving or of
fecfing the option to foreclose
or any other right hereunder, and nU such payments shall bear interest from date thereof at the htghest Iaw-
f
uI rate then allowed by the lows of the State o/ Florida.
~L any sum of money herein referred fo be not promptly paid within flft'~!1 days next after
the same becomes due, or if each and every the agreements, stipulations. rnnditions rend covenanb of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balarsce unpaid thereon, shall forthwith or
thereafter, nt the option of the mortgagee. become and 6e due rend payable. anything in ~ note or herein
to the rnntrory notwithstanding. Fatltur 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute n waiver of any rights or options render said note or this mortgage accrued or
Iherea f fir accruing.
~ 1
i
~n ~tntSS ~hereofr the said mortgagor has hereunto signed and sealed these presents the
~ day and year first AhOPe u~riff~n.
Signed, sea a+td define-ed in the presence of
• t •
IQJIS J
EF
E
' -
STATE OF FLORIDA, /
~ COUNTY OF MARTIN
IHEREBY CERTIFY that on this day, before tree, an
otiicer duly authorised in the State aforesaid and in the County aforesaid to take ackaowkdgtnents, personally appeared
Louis J. Savini and Anna L. Savini, his wife
to me known to be the prrsori S described in and who executed the iorcgoin~ instrument and they acknowkdRed
heiore me that they executed the same.
K[7'NESS my hand and otticial seal in the County and State last atoreuid this 25th day of
April A. D. 1979
~_~.r ...Sy~
P li~'~
.w Notary ub
I - • , , U rte. s e{ Ronda at Large
`t ; ` ' ' bcpiks law. 31,1981
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