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~.
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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
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~.l-.. . - -~~lJ?~L)l~...._ _ _ OIIIdS Wdl . - -
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~ ~ STATE OF FLURIDA, i
~ COL~TY (1F Martin ~
~ I HEREBY (:ER7'IFY that on this day, be(ore me, an
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~ 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
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~ 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.
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a N'I'l \F.SS my hand and of(ieial u~al in th~~ Count}~ and State• last afur~said this ~ day o[
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~ ~ ~Jt/NE~, :1. D. 1979.
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~ _ . GC.L~~l~Gt-lJ .
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g ~ ~7 ~ti ~1/~A¦ •lJ~~~ ST'A~ ~ t,f' ~ ~ i ~ ~ .
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r µr COMMISSION EJ~1RE5 ~E .10 1981
k - f%~ ' ~1cx~~Ep TlIRU GENEb!l ~ NS ,r. "u_R e L r
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~ This Instrument Prepared by
~ ~I'ory l. Joh~son~ Attomey at L:aw
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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
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