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HomeMy WebLinkAbout0855 - and shnU perform, comply with and abide by each and every the agrwments. stipulations. conditions and eownants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease. de. termine and be nuU and void. - - the mortgagor hereby juNhecr covenants and agrees to pay promptly when due the prtrecipal and interest and other turns of money provided for in sold nob and this mortgage, or either:-to pay nlI and singular the taxes. asaessmenfs. levies, liabilities, obligators, and encumbrances of every nature on said pro- perty: to permit. commit or suj/er no waste, imiwirment or deterioration of said Land or t1~e improvements thereon at any time: to keep the buildings now or hereafter on snid land juUy insured in a sum of riot less _ -than in a company or companies acceptable to the mortgagee, the pallcy or policies to be held by, and payoble to, said mortgagee. and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have flee Hght to receive end apply the same to the indebtednesa~hereby secured. accounting to flee mortgagor for any swplus; to_pay aU costs, cha?ges, and expenses. including lawyers fees and title searches, reasonably incurred or paid by the mortgagee because of the jailors of the mortgagor to promptly _ and jolly comply with the agreements, stipulations. conditions and covenants of said note and this mortgage, or either: to perform, comply with and abide by each and every the agreements, attpulations, conditions and - _ covenants set forth in said note and this mortgage or either. In the event flee mortgagor fait to pay when dos any tax, assessment, insurance premium or other sum of money payable by eiirtue of said note a?ed- this mortgage. or either. the mortgagee may pay the same. without waiving or affecting the option to foreclose • or any other right here ~cnder, and all such payments shall bear interest- /rom date thereof at flee highest law- juI rate then aIloued by :he laws of -the State of Florida. if nny sum of money herein re(errecl to be not promptly paid within thirty (30~ days next_ after the same becomes due. or if each and every the agreements, atipulationa, eonditiona and covenants of said note and this mortgage, or either, are not juicy performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid_thereon. ahaU forthegith or thereafter, at the option of the mortgagee, becoma and be due and payable, anpehing in said note or• herein to the contrary notwithstanding. Facture by the mortgages to exercise any o/ the rights or options herein provided ahaU not eonslitufe a waiver of any right: or options under said note or this mortgage accrued or thereafter accruing. _ _ ~ ~ ; ~~cR.b~ARATE ~n ~ttlleSS ~herenf the mortgagor Jean caused these presents to _ ~ 4-': . ~ ~+~LI be executed in its reams. and its corporate seal to be hereunto of (fixed, by is j - _ ~ ~ ~ per o/ficee~s tleereunto duly authorized, the day and rear /first above curitten. • `''~•~??e~:~:,,: ~1lLVIN H. SKm~, - - _ ....---~----IV(JORPOItATED $ignede sea 'vered in iJie presence of ~ . BYV----- - - -Q~~Q,Q,,t~. - - M. SH - ?_._...~1~. - S 26 ~ g 33 _ "r~~~ f ILEU R y~ Rt Cuitsk U - Si,LUC1F t0lptiY.f1A. FIARIDA C'i£RII~~CtNT ~1 Mate of PALM BEACH ! HEREBY CERTIFY shoe on ehis day. 6%ne an o/Jiaer daly aw/.ocred k the Scoce o,d Co~aity oJaraed ro ~ ae~nooledg- _ .rem,, v~?~.o„oi?y w,v~?rJ RITIH Inf. SHELLER and ALVIN H. SHEI.I~R ~.xtt w me ea ~ the P.r~m ord Secretary ne~~r aJ the oo.po.oc:on sawed - mo+ceaea? ~ ~ Ja.e9ee.,g tnw~,n~m. a,d eha ch~? etoriolly aebwWitdeed execuKng clu b? the o/ emo m6eoi6ba wifnnees, J.eety and od~ncmdy andtr nuehoricy daffy orsled them 6y said cvrparation and Jwe she rat oJJeud thereeo is the In.e co.porw. soot of soil w:po.mon. WTl'NESS .,,r ?a.~d and dJ:~,d gel i. ~ Cow,er ~d Sacs i~ee oJa.ee;d e~.. ~ ~ ~ dor d e;~~~~.~, r ~ ~s~ • s fS•~Z~ P'L~. SIdZv Oi ~9.^.~7 Zt ~ ?•'.j~. ~ F~~; ~ ' : yf'.. tdy Corr-ssioa trx,~es iwy 25. 1~S J,~ , n° - =~~,i.:- .....-ku4~d Ei wc.rK.. in-8 Gtwnr Career}.---°----- - >r --NOtary Pub11C 3 ~ _ - fhu Lutrunreirt fired by: erg Title Insurance Corporation Post Office Box 3845 A~ ~C. AA./~ocr Fart U; prre _ Florida 33450 i10(blr. ~ Pti;~ ~7t~