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HomeMy WebLinkAbout1431 - - and shall perform, comply witl? and abide by each and el+ery the agreements, stipulation's, .conditions and Cale?IallfS tlle?('Of, a?Id OI IhIS morfga(?P, IIIPn (hIS mortgage and the PSIa1P hereby created, Shall Cease, de- fP?mi/le a/I(l LP, 1111[! aIl(l 1.OI(l. Ii<n~ Ibe mo?!ga{tor hereby f tlrtller covenants and agrees to pay promptly when due the principal and i?Ifernsl and ulller sums of nlolley provided for in said mote and this mortgage, or either: to pay all and si?Igt?lar the faxes. asses~nterlfs, lelilPS, linbtlilfes, obligalio?IS, and encumbrances of every nature on said pro- pe?fy: to permit, commit or suffer no waslP, impairment or deterioration of said land or the improvements Ihemcn of any time: fo ~eep the buildings note or hernaf Irr on said land fully insured in a sum of no! less than /rl a l'oOlf)a11y Or l'onll)a/IleS aCCepfal)le f0 tI1P m0?fgageP, 1hP policy Or pahl'IPS t0 be held 6y, a/ld payable I f0, SAId morfryagPe, and In IIIP ('IiP/It a?ly s11m Of MO/ley bPCO/1t1PS pQVable by rirft/e Of SLLCh insurance the mortgagee Shall hale IIIP rlghf t0 rel'eIDP a/ld apply the same to the indebtedness hereby secured, aCCOURfIng fo the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid by IhP morfyagee bPCQUSe of the failure of the mortgagor to promptly and folly (-ontply a+ifll fhP aftreentPrlts, sfiptrlalions, corl(litfons and covenants of said note and Ihis mortgage, or Pilber: to perform, comply u+it11 and abide by each and every the agreements, stipulations, conditions and (•ovenarlls set fort!! in said note and this mortgage or efther. /n flee event the mortgagor (ails fo pay when due mly ta.r, assessment, insurance prnmium or other sum of money payable 6y virtue of said Hole and this mortgage, or either, Ibe morf~tagee may pay the same, wilhouf waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof of the higher! law- f ul rote f11en allotoe(I by fbe tau+s of the SfatP of Florida. DL nny sum of money herein referred to be not promptly paid within days next of ter the same becomes due, or i f each and every IIIP agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are ?lot fully performed, complied with and abided 6y, then the entire sum merlfiorle(I irl sail Mote, art(! this mortgage, or the entire balance unpaid thereon, shall forthu,ifh or thereafter, at the option of the mortgagee, become and he due and payable, anything in sniid note or herein fo the contrary nofurltbsfanding. /'allure by IhP mortgagee fo exercise any of the rights or options herein pmvid(Kl shall not c•onslifule a waiver of any rights or options under said Hole or This morfgnge accrued or ~ Ibereafler accnring. ~n witness thereof, Ihr said mortgagor bas IIPrPIInIO signed and sealed IhPSe preSenlS the flay and vent f irsl aboee u•rillen. Signed, senled tool delivered in the prnsence of I'j • • -r c _ S E 1 r f STATE OF FLORIDA, r COI'\'('Y (?F St. IrL1Cle t ~ I IiEREBti' CERTIFI' that on this day, before me, an uffi( er doh authori~e•d in the Stat+- aforesaid and in the Countq afor(said to takr acknowted¢m(•nts, personally appeared DAVID S'tUART arld GLORIA G. S4UART, his wife to rm• known tr. t,+• th~• person $ described in and who e>,ecuted the fore¢oin¢ instrument and they arknowledRed iH•fure nu• that ~]ey e![efUlPd thc• same. 1~'ll \F.SS nn• h:+nd and official seal in the Cuunt~ and Stat~• last aforesaid this $t~'I~ day oI OCtOjJer :1. ll. 19']9. ~ i NCr_ARY PUBLIC=State of'Florida • of ~ ~ iarese I , Not.ry Public. Slate of Florian rf ~ -e f,ct S'• r)),,r.. ~ Co;)rn'rsi;~ [tpitF' A2~~• 23, 1y 11 L~~ c ~ . ~si(m expires • ~ ~a . , t+r~~. , Q • l7iis Is.(lna~ rn~ I+rrltrt!•'! f y` TF+15 IKSTRUI/E!.'T PR£PAREO BY: GERAL+J 5. 1ti':;ES, ATT1/, :1(lili~:~c p. O. EvX 3 ~S 1 FCRT PiEfc:.E, FL~:,iL'A 3'4s~` ~ n f~;,;, 4G1-~;,~ e i)L)~~ 3~J P~Cf 1~