HomeMy WebLinkAbout2499 and shall per/orm, comply with and a6id~ 6y each and every the agroements.:tipulatlons, rnndittons and
covenants thereof, and o/ this mortgage. then tht mwfgage and the estate herby c?satsd, shall cease, de-
termine and 6e null and void.
the mortgagor hereby further covenants and agrees to pay promptly when dw the principal and
interest and other stuns of money provided . for in said note and this mortgage, or either; to poy all and
singular the taxes, asses:meats, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly: fo permit, rnmmif or suffer no waste, impairment or det.rtorntion of :aid land or the Improvement
thereon at any time: to deep the buildings now or hereafter on said land jolly Insured in a sum oj~ not less
- Ihan unpaid balance of this mortgage
to a company or companies acceptable to the mortgagee. the policy or policies to be held 6y, and paynbb
to, said mortgagee, and in the event any stun of money becomes payable 6y virtue of such iruu?artce the
rrwrtgagee shall bathe the right fo recetw and apply the tame to the indebtedness hereby securod, accounting
to the mortgagor for any surplus: to pay all Bost. chaeges, and expenses, including lawyer's jeer and Nib
searches. reasonably Incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and jolly comply with the agreements, stipulations, eo?tdttions and oovenont of said note and tht mortgage,
or either: fo perform, comply with and abide 6y each and every the agreements, stipulations. conditions and
covenants set forth in said note and this mortgage or either. In the event -the mortgagor jails to pay when
due any tax, assessment. Insurance premium or other sum of money payable by virtue of snid note and tht
mortgage, or either, the mortgagee may pay the same, without waiving or ajjecttng the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- .
jut rate then allowed by the lows of the State of Florida.
~l any sum of money herein ref
erred to 6e not promptly paid within fifteen days next after
the same becomes due, or ij each and every the agreements, stipulations, rnnditions and covenant of said
note and this mortgage, or either, are not fully performed, complied with -and abided by, then -the entire
sum mentioned In snid note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter. at the option of the mortgagee, become and be due and payable, anything fn said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not corutitttte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~~LI{Q~ ~~~~r the said mortgagor has hereunto signed and sealed these presents the
day and year first above u+ritfen:
Signed, sealed and deliver4d in the presence ojc ~
sell J. Horst y
-
ancy ue Hors ey
.
f STATE OF FLORIDA,
COli~1'i'Y OF:
I HEREBY CERTIFY that on this day, before me, an
officer dull authorized in the Scate aforesaid and in the County aforesaid to take acknowledgments, prnonatly appeared
i
RUSSELL J. HORSLEX and NANCY SUE HORSLEY, his wife,
i
to me known to be the person$ described in and who executed the foregoing instrument and they acknowledged
before me that thej~cecuted the same. f~j
~ti IT:VESS my hand and official seal in the County and State last aforesaid this a - day of
k A. D. 1979
k. /
. 448 ~~s: i~ -z~-~~'
•
:1 t.. iS~ tls tier E~ ~ ~,k~c•.
' _ ST.I,tICIE%OUVTY.iIA.
FiOucR Pf)ITRAS
~,'1•~~'~;' ' CLEfiK CIRCit1T COJ T
- t t: r
r~..
S ` `din ~ -
77iis I//S/n//nC!/I pnpnm! hy: MACMILLAN AND SHEAR, P.A.
1074 N.E. Colllmercial Street
t~`~`~n'~` Jensen Beach, Florida 33457 nn
(305) 334-7377 EUJKJ~U PAGE2497