HomeMy WebLinkAbout2863 and shall perform, comply with and abide 6y each and every the agreements, rNpulattoris, eonditioru and
covenants thereof, and of this mortgage, then this mortgage and flu estate hereby created, shall c~sase, de-
fe?mine]~a,~nd~ 6e null and, void. , ~ . ,
Z111Y the mortgagor hereby further rnvenanfs and agrees to pay promptly when due the principal and
interest and other sums of money provided jo? in said note and thi, mortgage, or either: to pay all and
singular the fares, a:sessmenfa, levies, liabilttier, obligations, and encumbrances of every nattw on raid pro-
perly; to permit. commit or suffer no waste, impairment or deterioration of said land or the fmprovemenb
lherecn of any lime; to beep fhs buildings now or hereafter on said land /idly insured in a rum of not less
than full insurable val~.e
in a company or companies acceptable to the mortgagee. the polity or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of ouch insurance the
mortgagee shall have the right to receive and apply the same to fhs indebtedness hereby sectu^ed, accounting
to the mortgagor for any su?plus; to pay all costs. charges, and expenses. including lawyer's Jees and title
searches, reasonably Inctu•red or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, eondittona and covenants of said note and this mortgage.
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
rnvenartts set forth to said note and thin mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, instuance premium or other stun of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee .may pay the same, without waiving or of
jetting the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate `then allou?ed by the laws of the State of Florida.
~l arty sum of money herein referred to be not promptly paid within ../S".. days next after
the same. 6ecomPS due, or if each and every the agreements, stipulations. conditions arul rnvenants 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, rend this mortgage, or the entire balnrtee unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary nofurithstanding. Failure 6y the mortgagee to exerrtse any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
fhPreaflt•r accruing.
~n ~~u1r~SS whereof, the said mortgagor Inns hereunto signed and sealed these presents the
day nail year first shore trritfr•n. ~
/
Si 'sea d de ' 'n the presence of : /
~ /
• OBERT F. McRO TS, JR.
' STATE OF FLORIDA,
COUNTY OF
MARTIN I
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take ackrwwkdgments, personally speared
ROBERT F. McROBERTS, JR. , - l
~ to me known to ppbe~~ the person described in and who executed the forcgoinR instrument and ~~-e acknowledged
before me that ,ILJt_ executed the same. ^
WITNESS my hand and official seal in the County and State last aforesaid this r day of
June A. D. 19 79
Notary Public ----»-~y-s~;¢ r •..r
~ ~9T9 '4 P~' `2' 20 state of Florida at ~ "~i~'•• ~
tit ~ _7~_ a • t,.
toy Comatission exp . ~ ~ _
„u~u
I~EUDAhG~TY.fIA. (SEAL)
B
ROG=R
PO
jRAS~j Notary Public, State of ~{oridr et lsrgs % z- ~
'~1.ERK C?t~CUlt CC~G~-Y~"" i~? C+~ossge Ei/res Msccb 23• t9E1 • - ; _
q~ tlueN ti AM,itw fA ~ C«Wr Cyr, .y,
~ ~~'~%t., ~.x,
i
g flits fnstrvmenf Prepared fly:
ROBERT F. AticRO8ERT5, 1R.
S This 1»Arri»u„i rr• ~
~~dERTS, WARNER, FOX t: SEEIEY
P P~ y' CHARTERED ~
~ , ~i/r/R:tt Attorneys At law R 3U
Suite 301 -Stuart Nat1 flank B{dy. . n
301 E Ocean blvd. - P. O. Draws/ 6 PACE 286
t Stuart, Florida 33494
~