HomeMy WebLinkAbout1030 and shall perform, comply with and abide by each and every the agreements, attpulntioria, conditions and
covenants thereof, a?td of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and 6e nuU and twirl.
7i1Ni the mortgagor hereby further covenants and agrees to pay promptly when due fhs princtpnl and
interest and other sums of money provided (or in said note artd thin moortgage, or either: to pay all and
-S.. ,t.. •1..~ ..r. t..,.i.. ti.,f,iti/in. nt.t~nnrlt+n• a+t~ nnrlrm~r+nllr•Pf A{ Pr~PrV nAlrrro On said pro-
perty; to permit, commit or strf(Dr norwaste, impatrmenf or deferiorolion of said land or the tmprovemenla
thDrecn at any time: to Irpep the buildings now or herraf ter on said land fully insured in a sum of not less
than full insurable value.
in a company or companies acceptable fo the mortgagee, the policy or policies to be held by,.and payable
to, said mortgagee, artd in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor (or any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of .the failure of the mortgagor to promptly
and (ally 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, stipulations, conditions and
conenartls set forth in said note and this mortgage or either. In the event the mortgagor (ails to pay when
due any tax, assessment, insurance prnmium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same. without wniuing or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lnw-
f ul rate Ihen allowed by the lams of the State of Florida.
~L env sum of manPy herein re(prred to be not promptly paid within 15 days next after
the same becomes due, or iJ each and every the agreements, stipulations. conditions and covenants of said •
note and this mortgage, or Dither, are not fully performed, complied with and abided by, then the entire
sum mentioned in said Hole. and this mortgage, or the entire balance unpaid thereon, shall forthu~ilh or
Iherea(ter• at the option o) the mortgagDD. bernmD and be due and payable, anything in said note or herein
to the contrary nottvifhstnnding. FuilurD by the mortgagee fo exercise any of the rights or options herein
provided shall not constitute n tvaivPr of any ritthts or options uhder said note or this mortgage accrued or
thernafler accruing.
~fl ~lttleSS ~het`eof, the SOId mortgayOr has ItDrDrrnta signed and SDaIPd these presents the
day and year tint aboee roriftDn.
Si to seal d and delivere in the prnsrnce of
' , ~ _ v
r V. Tuckso
ikabeth S. ckson
~ ~
E !
I STATE OF FLORIDA,
~ Ct)t'~T1' OF martin
~ I ERTI FY that on this day, before me, an
offirrr duly authorized in the State aforesaid and in the County aforesaid to take acknowfed~mcnu, persoaailyi.tsppesred
1
- ;rr~,,
RICHARD V. TUCKSON and ELIZABETH S. TUCKSON, His wife ,;f~;.•~~~::~~.,
~ ~
to m~• known to be the pe•rsors described in and who executed the tOreQOInQ instrument and nO~
lieforr me that ~ xrcuted the same. = ~
S~'IT\ESS my" hand and official seal in the .County and Stat~• last aforesaid this ~ ~ ~ oG
_ ~ December A. D..19 79 - - ZiJ•`. ~
1 s.,~.
fIlEO Ah' L'EU t
l 3T. wc.~ - . ~ Fla.
gpl~R~ MSdtIC ST.~TE O: TI.ORIt)A A••-lA~iE ~t'
r r
I F:'
Ct.Ft - ."':.'~T M~ C;)MMiSSIttJ f>PIR`S S'P~ 1? IVBi
l
DEC 18 II os 79 .
46982'7
7ltis Document Prepared 6y3
%u Iatlrrtutfnl prrprrnd hy: °~-Q~ ~ ~iR
f of Com onvrealt6 Land Tito surancs Co. I;COJf ~GL Osec ~ „%U I