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HomeMy WebLinkAbout3000 and shall perform, eorttplj with and abide by each and et?ery the agreements, aftpulntioni. oondittorts and eooenartts thereof, and of this moMgape, then ibis mortgage and the estate hereby created. ahaU cease. d*- - te?mtne and be null and void. the mortgagor Newby further taotuertanis and agrees to pay promptly when dw the principal and _ interest and other auras of money provided for to sold note and thi, mortgage. or either; fo pay ati and singular the faxes. assessments, levies. Itabilitfes, oblignttont, and eneumbr+anns of every nature on said pro- perfy; fo permit, commit or suf jet• no waste, impairment or deterioration of said fond or tit tmprovtmenb therrcn ut any time; fo keep the buildings now or hereafter on said land f ttUy iruur+ed in a sum of not less than highest insurable-value----------------------------------------- in acompany or companies actirptable to the mortgagee, the policy or policies to be held by, and payable to. said mortgagee. and in the event any sum of money becomes payable by virtue zf such irtsuranee the rttortgagee shall have the right- to receive and .apply the same to the indebtedness hereby secw+ed, accounting to the mortgagor for any surplus: to pay all rnsts, charges. and expenses. including lawyer i fees and title - senrches, reasonably incumd or_paid by the mortgagee bemuse of the failure of the mortgagor fo promptly and fully comply with the agreements, stipulations. conditions and covenants o/ said note and this mortgage, or either; to perform, comply with and abide by each and every the agr+eemenb. stipulations. conditions and c~ovenanfs set forth to said note and this mortgage w 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 said note and this _ 'mortgage, or either. the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and nlI such payments shall bear Interest from dote thereof at the highest law- - ful rYrfe then allowed by the Iowa of the State-oj Florida - ~l any sum of money herein re(ened fo be not promptly paid wlfhfn tl'1~Y'ty (30) days next after the same becomes-due, or if each and every the agreements, stipulations. conditions and eovenanb of sold note and this mortgage, or either, are not jolly perfonrted, complied with and abided by, then the entire sum mentioned in said note.-and this mortgage, or the entire balance unpaid thereon. shall fort?twlth or thereafter, at the option of the mortgagee. _become and be due and payable, anything in sold note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise. any of the rights or options herein provided shall not consfiltrfe n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. - ~n ~~uleSS ~he~eof, the said mo_rtgngor has hereunto signed and sealed these presents the _ day and year first above written. " Signed, sealed and delivered in the presence of : - . TIMONHY J.- SINNOTT STATE OF FLORIDA, - COUNTY OF Q,(q,~~ I HEREBY CERTIFY that oa this day, before rne, an officer duty authorized in the State aforeuid and in the County aforesaid to take acknowledgments, penonaUy appeared - TIMOTHY J. SINNOTT to me known to be the person descn'bed in and who executed the foregoing instrument and he acknowledged before me that he executed the same. WITNESS my hand and ofrci.sl seal in the County and State Last aforesaid this flay of ; 461639 .k, ~ : - NOTARY PUBLIC My Comtni s s ion EXp " : ~ Qg FILED atg; p- wipt p NOTARY PU3UC. S7kTE OF Fl _ ~ `wv ST. LUCIE CO:Rii'LFLA. MY C4MMI5SION EXPfRES JUl1f ; - s,~~., ROGER POITRAS CLFRK CIRCUIT C URT eoy°E° 7~a°uo" rrtrttos~ct'ws~~ - ~ - RECORD :'ERIi'IEC~ . ` _ _ _ T fha hwninrcnt P~P1°re~ by: nr/dn~s 1_ Stmt tittess ~ >I~u ~ ~ K ~fl~~