HomeMy WebLinkAbout1828 and shall perform, comply ivith and abide by each and every the ngreemenls, stipulations. conditions and _ _
covenants thereof, and of this mortgage, then This mortgage and the estate hereby croated, shall cease, de- -
fermine and 6. null and void.
the mortgagor hereby Jurthe? eot?ennnts and agrees to pay promptly when due the principal and
interest and other sums o/ money provided for in said note and this mortgage, or either: to pay all rend
singular the taxes, assessments, levies, liabilities, oblignttons, and encumbrances of every nnttsre on said pro-
- party: to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
thereon at any time; to beep the buildings now or hares/tar on said land fully instued in a sum of not less
fha?i unpaid balance of this mortgage
in a company or companies acceptable to the mortgagee, the policy o? policies to be held 6y, and payable
to, said mortgagee, and in the event any sum o) money bernmes payable by virtue of such • instuance the
mortgagee shall hove the right to receive and apply the same to the indebtedness hereby secured, nceounting
to the mortgagor for any surplus; to pay all cost:, charges, and expenses, including lawyer i fees and title
SPnMItPS. reasonably incurred or paid by the mortgagee because of the )allure o/ the mortgagor to promptly
and folly comply with ?he agreements, stipulations, conditions and covenants of •said note and this mortgage,
or either; to perform, comply with rend abide 6y each and every the agreements, stipulations, conditions rend
covenants set forth in said note and this mortgage or either. In the event flee mortgagor /nib to pay when
due any tax, assessment, insurance premium or other sum o/ money payable 6y virtue of said note rend this
mortgage, or either, the mortgagee may pay the same, without tuaiving or of/acting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law-
f ul rate then allowed by the laws o/ the State of Florida. I
~l arty sum of money herein referred fo 6e not promptly paid within fifteen days next alter
the same bPCOmes dtte, or if each and every the ngreemenls. stipulations. conditions and rnvenants of said
note and this mortgage. or either, are not jolly per/armed, rnmplied with.•nnd abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid !hereon, 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 notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constihtte a u+aiver o) any rights or options under said note or this mortgage accrued or
thecae f ter accreting.
~n ~itneSS whereof, the said .mortgagor has hereunto signed and sealed these presents the
day and year (first above written.
Signed, sealed and delivered in the presence of
l~ s N . Sco
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STATE !7F A~ ~
G couNTV oF~~ll~x -
1 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
THOMAS N. SCOTT and HELEN G. SCOTT, his wife,
to mr known to be the prrson S described in and who executed the foregoing instrument and ~~'y acknowledged ~
before me that they
c:ccuted the same. !
WITNESS my hand and official xal in the County and Stad• last aforesaid this p~ day of
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~ 5979 .!?!lt I 1 All 52
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r~_, ,9`.~' i'IRCtiit COtiRT
I%it Iiulnui~~•nl pr~pnnr/ ly: MacMILLAN AND SHEAR P.A.
•~~/~/.tu 1074 N.E. Commercial Street 444046
Jensen Beach, Florida 33457
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