HomeMy WebLinkAbout0110 and shall perform, comply with and abide 6y each and every tJt1.. agreemanls, stipulationi, conditto?u and
eovertanls thereof, and o/ Iht mortgage, then this mortgage and the estate hereby created, sholl cease. ds-
termine and be null and twirl.
the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interns! and other sums of money provided for !n said note and this mortgage, or either; fo pay all and
singular the tpxes. assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro•
party; to permit. commit or su//er no waste, impairment or deterior+afion o/ said la?td or the improvement
fherecn at any lime; to beep the buildings now or herrafter on said land fully Insured to a sum of not less
than not applicable
In n company or rnmpantes acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to. said mortgagee. and in the event any stun of money becomes payable by virtue o/ such insurance 11te
mortgagee shall boos the right to receive and apply the same to the indebtedness hereby secured, aceountirtg
fo the mortgagor for any surpltrs; to pay all costa, chdrges, and expenses, including lawyer's fees and tills
_ searches, reasonably incu?red or paid by the mortgagee 6ecatue of the failure o/ the mortgagor to promptly
and fully comply with. the agreements, stipulations, c»ndiliona and covenants o/ said note and tht mortgage.
or either; to perform, comply with and o6ide by each and every the agreements. stipulations. conditionu -and
covenants set froth in said note and lhts mortgage or either. In the event the mortgagor /ails to pay when
due any tax, assessment, insurance premium o? other sum of money payable by virtue o/ said note and fht
mortgage, or either. the mortgages may pay the same, without waiving or of
fecfing t{te option to foreclose
or any other right hereunder, and all such payment shall bear Interest from dale thereof al the htghesf law-
ful rate then allowed by the laws of the State o/ Florida.
any sum of money herein referred f0 be not promptly paid within "30 days next after
the acme becomes dire, or if each and every the agreements, stipulations. conditions and covenants of sntd
note and Ibis 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 balance unpaid thereon, shall forthwith or
(hereafter, at the opliort o/ the mortgagee, become and 6e due and payable, anything in said note or herein
fo the rnnh*ary notwithstanding. F•'ailure by the mortgages to exercise any of the rights or options herein
provided shall not constihde a waiver of any rights or options under said note or this mortgage accrued or
thereof ter accruing.
~,a ~ttn~SS ~IK`[~ly the said mortgagor has hereunto signed and sealed these presents the
day and yea? firs! above written.
$tg Baled and el' in the presence of
,
Thomas F. Wa' e, as Trustee
y~....
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STATE OF FL RIDA, `
~ COUhTY OF
HEREBY CERTIFY that on this day, before rne, an
~ officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgmrnts, personally appeared
THOMAS F. WAITE, as Trustee
to me• ~ known to be the prison described in and who executed the torrgoinq instrument and he acknowledged
before me that he rxecuted the same.
~ ' 7:` S my hand and official seal in the• County an Stair last aforesaid this ~ 7 ~ day of
~ . n. 19 ~g
~ •
fNOTARY-POBt7C _ . .
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~ My Cormli ss i on xpi r .r• ~ ~ '
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SRlt~~pa
CLERK CfACtq? ~0~~~- ~ ~
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R~?O ~'ERIflEO~
Tl~a hWna»~nl m and h : MALLOii! .;GF-4~Si:;J
P Pr y P. o. e.~x 955
~~r/t/lr't! STUART, FLORIDA 33491 II
?~-,K31~ P~sl: 110
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