HomeMy WebLinkAbout1204 and shall perform, comply with ant{ abl/lP by each and every the agreements, slipulalioris, conditions and
Col'enllnl5 thereof, and of Ihis mortgage, Ihen Ihis mortgage anll the estate hereby created, shall cease, de-
IPrnri?le a,ld I,P Iltlll alld 1'ulrl.
end tlu> mo?1(fa(fur Ilea>by further covenants and agrees to pay promptly when due the principal and
inferPS1 and other sums of money provided for in said Hole and Ihis mortgage, or either, fo pay all and
sin(Iular the faxes, assessnu•n1s, le/'ll>S, liabilities, obli(fafions, and encumbrances of every nature on said pro-
perly: fo permit, commit or suffer rlo tvasle, impairment or delPriorafion of said land or the improvements
Ihernl•n al mly time: fo beep the buildin(ts rwty or hPr/>af ter ou Bald land fully insured in a stem of not less
than highest 3nsureable value
in n company or /^ompaniPS aCC1'pt11bIP la IhP mortgagee, the policy or policies to 6e held hy, and payable
fo, said mortgagee, and in the PvPnl any sum of money becomes payable by virtue of such insurance the
mortgagee shall harp !hP ri~fla Io rl>ceive and apply the same fo the indebtedness hereby secured, accounting
fo the morlgn~lor for any slerplus; fo pay all costs, charges, and expenses, including lawyers fees and title
searches, reasonably iucu?red or paid by 11?e mortgagee because of the failure of the mortgagor to promptly
and fully comply a>ith the agmemerlls, stipulations. conditions and covenants of said note and Ihis mortgage,
or eill,er: to pPrfornl, comply with arld abide by each and every the agreements, stipulnfio?u, conditions and
covenants set forth in said Hate and Ihis mortgage or either. In the Prent the mortgagor fails fo pay when
due any ta.r, assessment, insurance pre?nium or other sum of money payable 6y virtue of said Hole and this
mortgage. or eifller. Ilse nlorl{faryee may pay the same, w(fhoul waiving or affecting the option to foreclose
or any other ri~lhf lu>reu?uler, and all such payments shall bear interest from date thereof at the highest law-
lul rate then allotted by 1hP lams of the Sfafe of I=lorida.
~l anv sum of munPV herein referred to he not promptly paid within {'~te~Il Odays next of ter
the same befameS due, or if each and every the agreements, stipulations, conditions and couenants of said
note and this ntorlcfa~p>, or either, are not fully performed. complied with and abided by, then the entire
sum mentioned in said riot/>, a?Id Ihis mortgage, or the entire balance unpaid thereon, shall Jorfllu,ifh or
thereafter, al the option of fhP mortgagee, become and be due and payable, anything in said note or herein
to the contrary nohtilhslandin~f. failure by the mortgagee fo exercise any of the rights or options herein
pml•idPd shall not consfifufP a u'aivPr of any rigbfs or options under said note or this mortgage accrued or
fbereoller occnlin(t..
~n witness whereof, the said mortryayor has hereunto si~tned and sealed these presents Ihe-
day and year first abol•P u'riflPn.
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_ EIX~IE~~~"BOA'IWRI(~, SR.
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I ~ STA"FE OF FLOR1I)A,
~ 1 HEREBY CER'1'tFY that on this day, he(orc me, an
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~ officer duh• authorircd in the State afore:aid and in the County aforesaid to take acknowledKments, personally appeared
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E[ B4ATbJRIt~, SR.
to nu• known to Ix• the person drscrilxd in and who c,;ecuted the (orr¢oinQ instrument and he acknowled}trd
I,e(on• me that ~ executed the same.
~~'17'AESS m~• hand and official seal in the (:aunty and Statr last aforesaid this ~ Q ay of
I ~y n. 19 79.
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4 ~ .IJJn:ts Layers Title Ins. Corp. RCR1t ~ ,At;~ 1~0
9999 S. U. S. 1
T I Port St . Lucie , Fla. 33452
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