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HomeMy WebLinkAbout2885 and shall per/arm, eompl~? with and abide 6y each and et+ery the agrrements, ttipulationa, eondltiona .and cot+ena?tts thereof, and of Ibis mortgate, then this mortgage and the estate herby crrnted. shall nose, de- termirte and be null and t+oid. IUw the mortgagor hereby (urlher covenants and agroes to pay promptly when dw the principal and tnteresl and other sums of money provided for to said note and tht mortgage, w either: to pay all and singular the tares, assessments, levies, Itn611itles, obligattons, and sncumbrnnces o/ every nattue on said pro- perty; fo permit, commit or suffer no waste. impairment or cleferiorolion of said land or the improvement therrcn o! a?ty limp; to beep the buildings now or hereafter on said land fully Insured to n sum of not less then full insurable value in a company or companies 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 of such insurance the mortgagee shall hat+e the right to receive and apply the same to the indebtedness hereby sectued, accounting to the mortgagor for any surplus: to pry all costs, charges, and expenses, including lawyer's fees and title searches. reaso?tably incurred or paid by the mortgagee 6ecntue of the failure of the mortgagor to promptly and fully comply u+ith the agreements, stipulations, conditions and covenants of said note and !hL mortgage, o? either: to perform, comply with and abide 6y each and every the agreements, stipulations, rnndittoru and cot+ena?tts set forth in said note and this mortgage or either. /n the event the mortgagor fails !o pry when due any tax, assessment. insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or eit{ter, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear Interest from dote thereof nt the highest Iaw- ful rate `then allowed by the lau?s of the State of Florida. any sum of money herein ref erred to be not promptly paid within - / S- days next of ter the same becomes due, or if each and every the agreements, stipulations. conditions and covenant 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, and this mortgage, or the entire 6nhvtce unpaid thereon, shall forthwith or thereof ter, nt the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notu+fthstanding. Failure by the mortgagee fo exercise any of the rights or options herein provided shall not constitute a u+ait+er of arty rights or options under said note or this mortgage accrued or fhereafler accruing. ~n ~I~~SS ~~Ol the said mart~t ~o ~o~r Itas hereunto si red and sealed these resents the day acid r Iir f •e + • ~IIS IS A BAL M~RZtG~ AN~ THE FII~L PAYI~ OR THE B~AI~IJC~ jh~~iAT~•AgPPRX S 2 , Q 31.84. ~(~'il~t {~TI"jlj INj'II~T, IF ANY, Al~ AT~L AC~VI~NCS hY THE LR~R ~ ~IIS NDKPGAC~. . , tgne sea e? an a mere tot a presence o cl'~ ~ ERT F . McROBT/S , JR. t r STATE OF FLnRIDA, CCIL;ITY OF MARTIN i I HEREBY CERTIFY that on this day. before tae, an officer duly authorized in the Statc aforesaid and in the County aforesaid to take acknowkdgments, personally appeared ~ ROBERT F. McROBERTS, JR., t ~ to me known to be the person described in and who executed the (orgoityt instrument and tle ackrtowkdged heforc me that h e executed the same. I N'I7~tiESS my hand and official seal in the County and Statc last aforesaid this y of f ~ da A. D. 1979 1 <~~r vv • ~ , r j nI; Z~ -..--Notary ~PuBlic ~ 19s9 '4 ~'2 State of Florida at Large EUA~t'fE4un~~U I+Iy Commission expires: q~ ~T:l~ ER ppITR~ f'..atY Public, slue o! Aeride at , ,,ZGj( C1R'^,t;1T CG~~ ~ Mr (Amatissios Ex~itef Id4srch 2~; '1'~ - x'79 - =~f~ 'his Inshument Pnpocod dy: ~.L ' ROCERT f. McROBERTS, JR. ;.+'s+;-: .f.~:• /ykROSERTS, WARNER, FOX ti SEEIJY t.'i` ~ t_ CHARTERED ~ !lur lu~nnntul p>rpr~rrJ h : Y, ~y~';: ,i•,-: Y Attorn• At law - r • , !I Suits 301 -Stuart Not1 Bonk Bldq. ~'~~~~5`^h:.i. ' i . ~r~r~R'tt . , 301 E. Ocean Blvd.-P. O. Drowtr b C Q rr'•~,,,,,,,;~'' d Stuart, Florida 33494 B~~R~ ~ahff~~