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HomeMy WebLinkAbout1358 and shall perform, comply with and abide 6y each and every the agreements, afiptllations, conditions and covenants !hereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and void. 111n~ the mortgagor hereby (urfher rotrena/tts and agrees fo pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either: to pay all and singular the fares: assessments, letries, liabilities, obligations, and encumbrances of euery naltu•e on sold pro- perly: to permit, commit or suffer no waste, impairment or deteriorofion of snid land or the improvements thereon at any lime; to deep the buildings Hour or herwa f ter on said land fully Insured in a sum of not less than unpaid. balance of this mortgage in a company or companies acceptable to the mortgagee, the policy or policlea to 6e held by, and payable to, snid mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgngeP shall have the right to receive -and apply the same to the indebtedness hereby secured, accounting to the mortgagor Jor any swplus; fo pay all costs, charges, and expenses, including lawyers Jees and title searches, reasonably incurred or paid 6y the mortgagee because of the Jailtlre of the mortgagor fo promptly and fully comply urilh the agreements, stipulations, conditions and rnvenanfs of said note and this mortgage, or either; to perform, comply urith and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor Jails to pay when , due any fax, assessment, i?tstuance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same. without tuafuing or affecting the option fo foreclose or any other right hereunder, and all such payments shall bear interest Jrom date thereof of the highest law- , (ul rate tben allowed by the lotus of the State of Florida. ~ y J ~ f 6e not promptly paid within • fifteen days next of ter ~ an sumo monP~ herein re erred to the same becomes due, or if each and every the agreements, stiptllalions. conditions and covenants of said note and thus mortgage, or either, are not fully performed, complied with •nnd abided 6y, then the entire sum 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 due and payable, anything in said note or herein to the contrary nofurifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a uraiver of any rights or options under said note or this mortgage accrued or (hereafter acctuing. ~n ~~tneSS ~heCeuf, the said mortgagor has hereunto signed and sealed these presents the day and year first above « mitten. SlgnPd Paled Il dPlihPfPd l/1 IhP prPSP/1CP Of: j ~Jo n W. Van Ess ~a~~. ~ . _ _ Il.. , . mil- .l%o.~+-•.. _ Belia~an Essen . E STATE OF FLORIDA, ` COLNTY OF Martin I }{EREBY CERTIFY that on this day, before me, an I - ? officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared JOHN W. VAN ESSEN and BELIA VAN ESSEN, his wife, ~ a ~ ' to m.• known to be• the person S described in and who executed the foregoing instrumrnt and they acknowledged f ~ ~ j I before me that h executed the same. y S t g 1~'ITVESS mjc- hand and official stal•~i1F t6~ County:end Stat~• last aforesaid this day of 3 1/~ A. D. 19 ~ ~ . i 'a; ~ i Tk ~ •i ~ - ~ . ~ ~ i i . • . ~ 1919 i~AY -9 Iii ~ 19 G- J w - ~ ~ ~ FILED AKD Ff:COttl?t:0 ET LUC1E CCUtiTY.F A. i CtERtc CIRCUIT CQ i N RECDFD YCP,IFIED j ~ ' I _ %'liic Lrlrni»l•~d f?n~orrJ 1~~: MACI?I ILLAN AND SHEAR, P . A . :~~/~~rl_;~ 1074 N.E. Commercial Street ~(,p Q! ; - ~ Jensen Beachr Florida 33457 6p~~1,4JVV PACE13~8 4 -