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HomeMy WebLinkAbout0671 and ahall perJorm, comply u~i1h and ~6~de 6y each and ei~ery ihe agreements, sNpulntions, condittons nnd ~ conenanls Iltereo(, and o( t{~is mortga~e, then tl~is mortpape and tl~p estate he.+~6y CMpI~, shall cease, de- termine nn~ 6e nu~~ an~ iwi~. ~ ~ thp mortganor he?a6y ~urthe~ covenants and agrees lo pay promplly when ~Iue the principal and interest ane~ ofher sums o~ money p~aniclecl jo~ tn said note and l~is morfgage, or eilher: fo pay a~~ and stngular 1he 1a.res, ass~ssmenis. Ievies, lia6ililiPS, o6ligafions, and encumbrances of every nalure on suid pro- perty: to permil. commit or s~~~Jer no u~asfe, impairment or deterioration of said ~and or t~e improvements therecn al any lim~: to ~PPP ~~P 6ui~din~s no~u or I~e?eajt~~ on eaid lanc~ f u~ly insttre~ in a sum o~ no! ~ess ~han not applicable in o company o? compani~s aCCP~)~A6lP to Ihe mo?fga~ee, the policy or policiea to be held 6y, antl paya6le to, sai~ mortf~agee, an~ in Ihe euent any sum oJ moriey 6ecomes payab~e ~y virlue o~ such tnsiuance t~e mortgage~ ahall have Il~e ripl~t to re•ceivp and apply ll~e same fo the inde6tedness here6y secured, accounltng fo f~e mortga~or (or nny surn~us: fo pay a~~ cosfs, chargea, and expenaes, inc~u[~ing ~awyer~s fees ant~ ftf~e sAarc~es. ?easonah~y i?~currerl or pai~I by tl~e mortg~gee becau3e o~ the ~ailure o~ the morlgagor to prompf~y anc~ ~ully comply u~ith tf~p ag?e~menls, stipu~afions, condilions and covenants o~ sai~ note an~ f~is mortgage, or eil{~er; to per~orm, ~romplv u~ith and a6ide by each an~ euery t{~e agreemenfs, stipu~ations, condifiona and • covenants set Jorf/~ in said nofe anc~ this mortgoge or eilher. 1n t~e event the mortgagor ~ails to pay w~en due any fax, assessment, insurancp premium or othe~ sum of money pnya6le 6y vIrtue of said note and ll~is mortgagP, or eit~~er, fhe mo~lga~ee may pQy t{~e same, wii{~out waiving or a~~ecfing f{~e option to ~oreclose or •any olhe~ rigl~t hPreundPr, a?id all such payments sl~nll 6par IIIIPfP3I ~rom date thereo/ at the highest law- +l/~ ~AIP ~~PII U~~OII~P~ ~)V ~~IP ~Ql1~S O' ~~P S~QIP O~ !'~OrI~Q. ' ~l nny sum o( mon~v tier~in re~errpc~ lo he not promplly paicl within lrj day~ next aller 1{~e samP brcomPS dup, or i~ @Qf~ AII~ Pi.~P~y I~P aIQ~PPI?lPI1I5, SIIPUIQIIO?IS. CO/I~lIl0I13 and coi~enants o) said note nncl fl~is morl~ac~e, or eitl~~r, ar~ nol (ully per~orme~. complied with and abided by, tf~en fhe entire sum mentionerl in said note, and ttiis mort~nge, or t1~ e entire balance unpaid thereon, sha~l f ort{~with or t?tereafler, at fh~ option of 11~p mortga~ee. 6ecome and 6e ~ue and paya6le, anyt{~ing in said note or I~erein to fh~ conlrary nolu~ithstanding. Failur~ by rhp mortgagee to exercise any o) l1~e rig~ts or optiona herein pro~~ic~e~~ sf~a~~ nol consfi~ul~ a u~ai~~pr oj any ri~tils or opiions unc~er saie~ nofP or t~is mortgage accrued or t~ereaJlrr accruinc~. ~n ~itness ~hereof~ I~~r sui~ morlgo,yor {~as ~P~PIIIlIO siqnec~ and sealed lhese presents tl~e t~ay aru~ y~ar Jirsf ~E~oop ~vriHpn. Sig e~. spn~ c u~ t~~~i~~ in I~u~ prps~^IICP o': c ' ~ ^ ~.l-.. . - -~~lJ?~L)l~...._ _ _ OIIIdS Wdl . - - _ - - . 1 I _ . . - . - - i _ . _ _ _ _ . . _ . , _ ~ ~ ~ i : _ . . . _ . . . _ i f i ~ f ` ~ ~ STATE OF FLURIDA, i ~ COL~TY (1F Martin ~ ~ I HEREBY (:ER7'IFY that on this day, be(ore me, an t . ~ o(ficer duh• authori~ed in thc Stat~ afor~said and in the County afor~•said to tak~ acknowl~dKm~•nts, prrsonall~~ appearcd ~ ~ Thomas F. Waite ~ ~ to m~• known to FN th~• p~rson deuribed in and who ~a~cuted the forcQOinQ instrument and he acknowltdScd ~ Fxfor~ me that he ~xccuted tht same. i a N'I'l \F.SS my hand and of(ieial u~al in th~~ Count}~ and State• last afur~said this ~ day o[ ~ / ~ ~ ~Jt/NE~, :1. D. 1979. ~ ~ ~ / ~ _ . GC.L~~l~Gt-lJ . _~t . - _ .t,~;...: •e' / ~ . ' . F 11 • f ~ . g ~ ~7 ~ti ~1/~A¦ •lJ~~~ ST'A~ ~ t,f' ~ ~ i ~ ~ . ` h . ~ ' ~ r µr COMMISSION EJ~1RE5 ~E .10 1981 k - f%~ ' ~1cx~~Ep TlIRU GENEb!l ~ NS ,r. "u_R e L r ~ : •i ~/i•f..... . ~ ~s. . ~ ~ ~ ~ This Instrument Prepared by ~ ~I'ory l. Joh~son~ Attomey at L:aw ~ . 1%iis laslnaur~r/ ~rrF,rn~! hy: ti. F.onda Ave. P. 0. Box 956 ~ BGOK ~~Q ~AGE U?1 n~f~~n~ Stuart, Florida 33494 ~ . _ F A ~