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HomeMy WebLinkAbout2888 - - - - --w - - - - - - and shall perform, comply with and abide 6y each and every the agreements, stipulations. conditions and ~ cot+enonts thereof, and of this mortgage, then this mortgage and the !state hereby sealed, ahnU erase, de- i !ermine and 6o null and twirl. f the mortgagor hereby further covenant: and agrees fo pay promptly when dw the pNndpal and interest and other sums of money provided for in said note and tha mortgage. or either; to pay aU and atngulnr the tares. nssessmenls, levies. liabilities. obltgaltoru, and encumbrartes~ of every nnttu+e on sold pro- perty; to permit, rnmmif or suffer no waste. impairment or deterioration of sold land or the improwmenb therrcn at~any time; to deep the buildings now or hereafter on said land jolly insured in a sum of not feu than full insurable value in n company or companies acceptable to the mortgagee. the policy a policies to 6e held 6y, and payable to, said mortgagee, artd in the event any stun of money become! payable 6y virtue of such insurance the moNgagee shall hat+e the ?ight to receive and apply the same to the indebtedness hereby secturd, accounting to the mortgagor for any surplus: to pay all costs. cha?ges, and expense, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions rend eovennnis of said note rend this mortgage, or either; to perform, comply with and abide 6y each and every the agreements, .stipulations. conditions and ~ rnvenants set forth in said note and this mortgage or either. In the event the mortgagor /ails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without wntving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear Interest from date thereof at the highest law- f ul rate then alloured by the lau?s of the State of Florida. any sum of money herein referred to be not promptly paid wtthin ~ days next after the same becomes due, or ff each and every the agreements, stipulations. conditions and covenants 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 6nlartcr unpaid thereon, 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 co?tstiftrte a tr+ait+er o~ any rights or options under said note o? this mortgage accrued or thereafter accruing. L~_ ` ~n ~t~~SS ~~~f, flte said mortgagor Iras herwunto signed and sealed these presents the day and year first What+e a+riflert. Signed. sealed and delir+ered in the presence of ~C / OBE F. McROBERTS, JR. f i F STATE OF FLORIDA, 1 MARTIN COUNTY OF I HEREBY CERTIFY that on this day, betorc me, an ; officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ROBERT F. McROBERTS, JR., to me known to be the person described in and who executed the ioregoinq instrument and he acknowkdRed Ixiorc me that h e executed the same. ~ T~'I7;\ESS my hand and o([icial xa) in the County and State last aforesaid this ( daY ~ June , A. D. 19 79 /,n 9 Notary Public ~ I State of Florida at L~t~ c~>~• St.L~IE ~a„pt3K. S My Commissio ex - ~ T g`a~~~, _ ~ ~ (SEAL) ~ Coat~siq t~11~. 23.1981: , r ~ t1! A~~ .rwwl ~A~~~~ i 7 ,'h,F SSA tvi+' ~ j. - ~ {,115 IMt'lr - ROS:T.T F. M:apBERTS, JR. /yM.itOBERTS, WARN`R, FOX Qr SEfIE`r ~ CH?RT~RED f/~rJ liulnnic',N prr'parr'd by: ~,t~~•,~ys At yaw t~9 t Strife 301 - Ssucrt tJot'1 Bank Bldg. 1+0~x PACE ~ aR 2885 . ~1rirrtXt 301 i~ Ocean B:vd. - P. O. Drowsr 6 ' r- Stuart, Florida 33494 ~