HomeMy WebLinkAbout2894 and shall perform, rnmply with and abtd~ 6y each and saery tits agreement:, stipulationi, conditions and
covenants thereof, and of this mortpapv, then this mortgage and the estate hereby created, shall cease. de-
Iermine and be null and twirl.
the mortgagor Iteeby (tether covenants and agrees to pay promptly when due the principal and
interesl and other sums o) money provided for in said note and this mortgage, or either: fo pay all and
singular the faxes, assessments, levies, ltabililies, obligations. and encumbrances of every noires on said pro-
perly: to permit, commit or suffer no wrote, impairment or deteriorotion of said land or the tmprovementa
thereon nl a?ty time: to deep the buildings now or hereafter on said land fully insured in a sum of not less
than full insurable valve
in n company or companies acceptable fo the mortgagee, the policy or policies fo be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue o/ ouch insurance the
mortgagee shot! have the right to recetue and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any sttrpltts: to pay a!! cost:, charges, and expertaes, including lawyers fees and title
searches. reasonably incurred or paid 6y the mortgagee because of the jailtu~e of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and eovenants of said note and this mortgage,
or either: to perform, rnmply with and abide 6y each and every the agreements. atipulntions, conditions and
rnnenartls set forth in said note and Phis mortgage or either. In the event the mortgagor fait to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or eiflter, 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 date thereof of the highest law-
f ul rate `then allotuec! by the latos of the State of Florida.
~L a?ty sum of money herein referred to 6e not promptly paid within _30~ days next after
the same becomes due, or if each and every the agreements, stipulations. conditions and cvvenants of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid !hereon, 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 6y the mortgagee to exerrtse any of the rights or options herein
prat+ided steal! not conslifufe a u+ait+er of any rights or options under said note or this mortgage accrued or
thereafter accruing. `
~n ~~~f, the said mortgagor Itas her+PUnto signed and sealed these presents the
day and year (first abore a+ritten- THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE
BALANCE DUE UPON MATURITY IS $ S $ O O , " ~ , TOGETHER WITH ACCRUED INTEREST, IF ,
Signed, scaled and delft+ernd in the prnsence of
AND ALL AD~ANCEME MAD BY THE MO EE ER E RMS OF THIS MORTGAGE.
- O E
- cROBERTS, JR.
-~-~x--~~..~- - - - _ --Q~
~t
E STATE OF FLORIDA,
COU\TY OF MA RT I N
I HEREBY CERTIFY that on this day, before me, an
i Offlfer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
ROBERT Ft McROBERTS, JR.,
@ f
' to me known to be the person described in and who executed the foregoing instrument and he acknowkdged
before me that h e executed the same.
T~'I7:1ESS my hand and official seal in the County and State last aforesaid this ~ ~ day oI
June A. D. 19 79
~ Notary Public ~
t;;,:au State of Florida at Large - ~ :~a4+.t:, ~ 3
' FIIrB "1'L~i}~f1Y.FLA. = e
I 5TBa~~R T301YFTA5 My Commission expires : ~ r- F';
_
CLEPK~~E1;1T CC !(~,r~/1 CSEAL) Notu~ Public. State of fl~ri~ ~_~,~,-~,,r.-a••. ._'t, • }
„ _ - _ LLB'- 1Ar Comtsissau bc~ires h1~rt~~r. S~fi -
(.'-~r'~'- - - ia~a~d b Few i `
3•.
ant Prepa*ed By:
~ TMis Insfrum..
ROBERT F. McRpBERTS, JR.
Tla3 /as/nrnrfu/ n' rrrr BERTS, WARNER, FOX & SEEIEY
i P P` CHARTERED Q P ~
a . ~1~i~rT[c Attorneys At low :Q~~ 3Vt~ I+ACE~V~ ~ }
wire 301 -Stuart Nat'I Bonk Bldg. ~+V
901 E. 7ceon Blvd. - P. O. Grower 6
Stuart, Florida 33x94