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HomeMy WebLinkAbout0715 and shall perform, comply with and abide by each and every the agreement ~ ons, c~.nditi send covenants thereof. and of this martgage, then this mortgage and the estates I~i~eated, sh~~ase, determine and be null and void. AND the mortgagor hereby further covenants and agrees to pay promptly when dui the principal and intert~st and other sums of money provided for in said note and this mortgage, of either, to pay all and singular the taxes, asseuments, levies. liabilities, obligations, and encumbrances of every nature on said property; to permit, commit or suffer no waste, impairment ur deterioration of said land or the improvements thereon at any time; to keep the~buildings now or hereafter on said land fully insured in a sum of hot less than the sum of the Amount Financed under the promissory note described herein and the tots) of all prior encumbrances. in a ~ company or companies acceptable to the mortgagee, the policy or policies.to be held by, and payable to, said j mortgagee. and 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 for 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 fully ~ 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 covenants set forth in said note and this mortgage or either. In the event the mortgagor fails 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 optiotr to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lawful rate then allowed by the laws of the State of Florida. tF 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, conditions and covenants of said note and this mortgage, or either, are not fully performed. complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee,- become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said 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 first above written.- SignEd, s d d del in the presence of: r . f ,L ' s.) (L.S.) (L.S.) ~a:~ ~t~ Z~ ~ Z~ - F1L! ~M`.`~ ~ fi tl 51.1L Cf Ft0&ER P.~mr',S STATE_OF FLORID CLERK CIR~~it~ CCtsRT~ ' R~CEgZ\'fi;lf~iC ~ ~ _ COUNTY OF _ ~rjrj~/ I HEREBY CERTIFY that on this day, before me, an officer duly authorizlled((in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared KENNETH E. McKEE and ELIZABETH SUSAN McKEE, his Wife. to me to be the person s described in and who executed the foregoing instrument and they acknowledged before me that they executed the same. ~ 1 f i ~ WITNESS my hand and official seal in the County and State Ices aforesaid this ,~b~..~ o : 'fi ~ N J y ~r~ Otar 1C .,~t~++: ~;SC Mr cowwtastoN o~tRa oa t~ tact ROPlOEp t4M1?C~RAI t~1DERrvRti~ J.D. LEWIS, III, ESQ., LAW OFFICES OF GARY This tnstrument prepared by: AND LEWIS, 117 Seminole Street, Suite 200, Stuart, Fla. 33494 address Phone: (305) 283-8260 Q~/ pP~~ J (e I