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HomeMy WebLinkAbout0638 • _ a?td shall perform, comply u+ifh and abide by each and every the agreements, atlpubftoni, rnndifiona and covenants IhereoJ, and of this mortgage, Ihen this mortgage and the estate hereby created, shall cease, de- lermine and 6e null and void. I><IN~ IhP mortgagor hereby )urlher covenants and agrees fo pay promptly when due the principal and interest and ollter sums of money provided )or in said note and this mortgage, or either; fo pay all and singular the (axes. assessments, levies, Iiabililie:, obliQnlions, and rnct?mbrances o) every nature on said pro- perly: to permit. commit or st?))er ?to WQSIe, impairment or deteriorolion o) acid land or the improvement Iherec?t at any time; to IePep the buildings now or hereafter on said land )ully insured in a sum of not less than hi,~ef3t value in a company or companies acceptable fo the mortgagee. the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum o) money becomes pnynbh? 6y virtue of such insurance the mortgagee shall have the right fo recettre and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any st?rplt?s: fo pay all costs, chn?ges, and expenses, including lawyer's fees and title searches. rpasa?tably incurred or paid by the mortgagee because o) the )allure o) the mortgagor fo promptly and fully tromply u~ilh the agreements, sftpulniions, conditions and covenants o) said note and this mortgage, or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set )orlh in said note and this mortgage or either. /n the event the mortgagor )ails to pay when due any tax, nssessmenf, insurance premium or other sum of money payable 6y virtue o) said note and this mortgage, or either, the mortgagee may pay the same, without wntutng or affecting the option to )oreclose or any other right heretrrtder, and all st?Ch payments Shall bear /nferPat from date thereo) at the highest law- ful rate then allowed by the la+os of the State of Florida. iL any sum of money IIPrPIn referred fo be not promptly paid within f~tet31 ~~~/ays next a)ter the same bPfOMPS dt?P. or ij each and every the agreements, stipulations. conditions and covenants of said note and this mortparye, or either, are not fully performed, complied with and abided by, then the entire sum mentio?ted i?t said ?tote, and this mortgage, or the entire balance unpaid thereon, shall )orthwith or therea)ter, at the option- of the mortgagee. become and 6e due a?td payable, anything in said note or herein fo the contrary nottvilhslanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constihrfP a urainPr of any rights or options under said note or this mortgage accrued or thereafter accruing. Dn ~~lness ~hereofs the said mortgagor has hereunto si~lnPd and sealed these presents fhp day and year first above u~ritlen. Signed. sealed and t/e ' red in the presence of . - ~xI _ _ .L4- -~~-~"~'~1-~--mod ~ - ~ ~ l --PAixiVtt~ li~ 1 - . I i I t STATE OF FLORID:1, - I HEREBY CERTIFY that on this day, before me, an I i Ottlcef duk authorircd in the Statr aforesaid and in the County aforesaid to take arknowledgmcnu, personally appeared R06.S DR'E~iER, III, ORBIE DIX~1 AND PATRICIA DI}~1 m rn,• known w th• th,• persor~ described in and who executed the foregoing instrument and t~ley acknowledRtd before nu• that they executed the same. 1\'I") \ESS my hand and official seal in th,•'County and State last aforesaid this 27tt1 day of I r :1. D. 19 ~ , i ,1~,; 30 ~p Notary Public f ~ F I` • C i T.C . F•.'' j~j5/ CA[TII11SSlOll E~irea ~ qg~ II _ . . y . . 46"~6~6 ~ atttow o.tl~s Mtl:. „fat OOt~DEO f~sfilAlttllfRS . sue; . it --o. oa•or:.,.- i!J %7ii~ /~u~nnnr-ni prrfrnr?+l l?y: Arif PaYVpia v~' f .~IJJrrs Ia~ayers Title Ins, Corp, 9999 S. U. S. 1 Part St. Iucie _ Fla _ 3~1.5~ d!:i~K ~ PlCE ,