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HomeMy WebLinkAbout1028 - a and shall perform, comply with and ~ cl~land every .the agreements, stipulations, conditions and covenants thereof, and o[ this mortgage; his mort~a~ea and the estate hereby created, shall cease, determine and be null and void. AND the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage.'or either,'to poi all and ~ingulaf the taxes, assessments, levies, liabilities, ohtigations, and encumbrances of every nature on said progeny; to permit, commit or suffer no waste, impairment or 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 not less than the sum of the Amount Financed under the promissory note described herein and the total 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 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 I mortgagor for any surplus; to pay a!1 c-osts, charges, and expenses, incl~,ding lawyer's fees and title searches, i :edso:.ably incurred or paid by the mortgagee because of the failurt of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covtnsnis of said Holt and this mortgage, or richer, 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 option 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. 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, 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 tl:~c presents the day and year first above written. Sigflcd, s ,led and 'vered ' res~ ~~,~i (L.S.) - 4'~'423 (L.S.) l9~~D f ~8 28 ~ 4 4 1980 JAN 28 AM 9~ 41 i ~>lc ~tcahu? o -Q,eca~ 3T.11lCE COrtTYfLA. R~ fftLEO ANO RECOROEO ;pOGER-POITRAS STa.IICiE Cpp~~TY.F A. ~ '6L~pK-CIRCUIT LGI~~T~ ROGER POITRA~ p~rc~ ~'4'R?F:rs_- ~ CLERK CIRCUIT CQUtt~ ` STATE OF FLORIDA, REC8R8 vFR:r:ft!_~ COUNTY OF MARTIN ~~~~~3 HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in t ~ ~ the County aforesaid to take acknowledgments, personally appeared mHC1MAS S . VILT•ANTT nA FTT FFN VI7•~1JTI~ h1S wife. they to me to be the persons described in and who executed the foregoing instrument and acknowledged they before me that executed the same. - WITNESS my hand and official seal in the County and St of esai is day of January 80 A. D. 19 M~I,t C SLATE Q R,+ORiISII AT iJtit~ ~ ~ ~ ~N! GBtTRAL Iii.1R~1Ma111i~ . ? ~ y - •i ~ i ~ ' /r4" ~ _ f?' ~ ~ ' . ''~'4jsylnatrument prepared by: J • D . LEWIS, III , Esquire Address 117 Seminole Street, Stuart, Florida 33494 800 PA6E~~itir;-~:eccrd 8~~4 PAGE1~