HomeMy WebLinkAbout1963 j
1
and shall perform, rnmply with and abide 6y each and every the ognements, stipulations. eondittons and
covenants thereof, and of this mortgage, then this mortgage and the estate herby cleated, shall cease, de-
te?mins and 6e null and void.
the mortgagor hereby further covenants and agrees to pay promptly when dw the principal and
interest and other sums of money provided jor in avid note and this mortgage. or either; to pay all and
singular the taxes, assessments, levies, liabilities, obkgationa, and encumbrances o/ every Wotan on said pro-
perty: to permit, commlf or suffer no waste, impairment or deterioration of said land or the improvemenb
thereon of any time: eo beep the buildings now or hereof
ter on said land fully insured in a sum of not less
than unpaid balance of this mortgage
to a company or rnmpantes acceptable to the mortgagee, the policy or policies to be held 6y, and pnynbb
to, said mortgagee, and in the event any stun of money becomes payable 6y virtue o/ such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness herby secured, accounting
to the mortgagor for any surplus: fo pay all cosh. charges, and expenses. including lawyer's jws and title
searches, reasonably incurred or paid by the mortgagee because o/ the failure o/ the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set Jorth in said note and this mortgage or either. In the event the mortgagor jails fo pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of raid note and this
mortgage, or either, the mortgagee may pay the same, without waiving or ajfecttng the option to foreclose
or any other right hereunder, and all such payments shall bear interest /rom date thereof nt the highest law-
f ul rate then allowed by the Laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid within fifteen days Haze a/tar
the same becomes due, or if each and every the agreements. stipulations, cnnditions and covenants of said
note and this mortgage, or either. are not fully performed, complied with sand abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jorehwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the controry notwithstanding. Failure 6y the mortgagee to exercise any o/ the rights a options herein
provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
n ~~uleSS h~Ceof, the said mortgagor has hereunto signed and sealed these presents the
day and year tint above written.
Signed sealed and deli in the presence of
May to
~ ,
-----1
• STATE OF FLORIDA,
couNTY of MARTIN
I HEREBY CERTIFY that on this day. ldwe roe. an
otGcer duly authorized in the State a[onsaid and in the County aforesaid to take acknowledgments, peAondly appeared
MARY JO OTTO
to sae known to be the person described in and who executed the (ongoing instrument and S ~ xktasrkdsed
before me that g~ executed the same.
WITNESS my hand and o(ficiai seal in the County and State last aforesaid this a / day Ot
lV,~~~ A. D. 19
4 - - - -
• 30 ~ s
FILEO AB1C~ nti;uetircU •
ST.LUClE C[UYiY.FIA. vUtl~er alb! K S '.T~ ~ ~ • ~ - = .
ROGER POtTRAS M, ~„w~AtSS10N EXtItFS 1t1t~i 10 1981
CLERK CIRCUIT COUIjTj4 r. a - t
~q~i~ :r .r,tpfp itdU GENES l "1'• +
-
~=~.~-g
Tlia rwru,,,r„t prefxrrra by: MACMILLAN AND SHEAR, P .A. • .~''~p~~'.~:=~ -
• ~ K
1074 N . E . Commercial Street ,
Adrln~-ts Jensen Beach, Florida 33457 '~f+k~:r'~fiz~•• -
~ ~ ~9 ~~~96~
SOCK
y - _ _
~ -