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HomeMy WebLinkAbout1804 • gad sbap perform. comply with and abide by each and every the agreements. stipulations. coaditiota and eoveaanU thtreot, gad of this morepp, then this mongap and the estate hereby created, shall cease, determitye and be null and void AND the moctgt~gor beroby further covenants and agroes to pay promptly. when due the principal and interest and othersums of money provided for is said note and thk mortpp, a either: to pay aA and singulu the taxes, aaeanteots, levies, liabilities, oblisations, sad encua?branoes at every nature on :aid property; to permit, commit or suffer na waste. impairatent or detettoratioa of said land or the improvements tbereoa at gay tune: to keep the buiWinp now oT herwfter on said land fully ituurod in a sum of not lees than the sum of . the Amount Financed under the promissory note described herein and the total of all prior encumbnua:, in a company or compaaia acceptable to the moctZape, the polity or pol~cia to be hey by, and payable to, said mortppe, sad is the event any :um of money becomes payable br vi»ue of such iwurance tba mortgagee shall haw the risbE to receive and apply the sank to the indebtedness hereby secured, aooountinj to the mortpgor for any surplus: to psy all costs: ebargea, and expanses, including lawyer's fees and risk searches, cea:oaably incurred or paid by tlm mortgage because of the failure of the mortgagor to promptly gad fully comply with the agroements, stipulations, conditions and covenant: of said cote sad this mortpp, or either, to perform, comply with gad abide bS? each and every the ig(eEmeats. stipulations, oonditiotu and covenants set forth is said note and this mortgage or either. In the event the mortgagor talk to pay when dues gay tax, as:cament, ittsuraaoe preauum or other sum of money payable by virtues of aid note and thb mortgage, or either, the morigape may pay the acne, without waiving or affecting the option toYoreclose or any other right hatwader, and all such payments shall beu interest from date thereof st the highest lawful ritte then allowed by the laws of the State of Florida. IF any sum of money herein referred to be not promptly paid within thirty days next after the same becomes due, or if each and every the agreements, stipulations, condition and covenants of acid note and this mortpge, or either, are not fully performed, complied witti and abided by, then the entire :um mentioned in aid note, and this mortpge, or the entire balance unpaid thereon, shall forthwith or thereaRer, at the option . of the mortgagee, become and be dues sad payable, anything in said note or herein to the contrary _ notwithstanding. Failure by the mortpgee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under aid note or this mortgage accrued or thereafter accruing. IN WITNESS WHEREOF, the said mortgagor has hereunto signed and sealed these presents the day and year fast above written. gad Uv p a of: X (L.S.) X (L.S.) . (L.S.) - (L.S.) 19~ fE6 13 AH ~ 20 - i~lUC1E C ~ TY.f~~• ROC£R IRA CLERK CIRCWT G ~UijT~ STATE OF FLORIDA, IIECOItDYfRiFIEO~. couNTY of i~rlN ~ 4'759~4~ I HEREBY CERTIFY that on this day, before me, an officxr duly authorized in the State aforesaid and in ~ JERRY C..HOLLEY, and the County aforesaid to take acknowledgments, personally appeared NANCY E. HOLLEY, his Wife, to me to be the person 8 described in and who executed the foregoing instrument and they acknowledged before me that they executed the same. WITNESS my hand and official sal in the County and State oresaid day of - - ' Jp February 80 • n = A. D. 19 ~ r i°! Notary c << -<,:~g ~cotttmisaion Expia:~a: ' IsD1Aly lu1LIC STAIE ~ gQRit#A AT t/1~ ~ ~pl~ Tlwti'iBYAR ttif~lit~ This instrument rc red J.D. LEWIS, III, ESQ. , I.AW OFFICES OF GARY & LEW S . P Pa by: 117 Seminole St., Suite 200, Stuart, Fla. 33494 Address z. a °325 P,~1'~9S -