HomeMy WebLinkAbout1071 and shall perform, rnmply with and abide by each and every the agreements. stipulations. conditions and
covenants thereof, and of thin mortgage, then lht, mortgage and the estate hereby created, ahnll cerise, de-
termins and be null and void.
the mortgagor heraby further covenants and agrees to pay promptly when due the p?itictpal and
interest and other sums of money provided for in said note and this. mortgage, or either; to pay all and
singular the taxes, auessmenls, levies, liabilities. obligations, and encumbrances of every nature on said pro-
perty: to permit, commit or suffer no waste, impairment or deferiorofion of said land or the improvements -
therecn at any time: to keep the buildings now or hereof
ter on said land fully insured in a sum of not less
than full insurable value
is a company or comparites acceptable to the mortgages, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event nny sum of money becomes payable 6y ~utrtue t?f such tnaurance 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 jeea and t!!Ie
seart:hes, rensonnbly fncttrrecl or paid 6y the mortgagee bemuse of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, condiliona and covenants of said note and this mortgage.
or either; to perform, comply with and abide 6y 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 pnyable by virtue of said note and this
mortgage. or either, the mortgagee may pay the same, without wniuing or nffecfing the option to foreclose
or any other right hereunder, and all such payments shall bear interest from dnte thereof nt the highest law-
ful rate then allowed by the laws of the Stnte of Florida.
~l arty sum of money herein referred to be not promptly paid within ^3Q~ days next after
the acme becomes due, or if each and every the agreements, stipulations, rnnditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
awn mentioned in said note, and this mortgage, or the entire balan...e 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 rnntrary notwithstanding. Failttre 6y the mortgagee to exercise nny of the rtghta or options herein
provided shall not constitttfe a waiver of any rights or options under said note or this mortgage accrued or
-thereafter accruing. -
`
~n ~t~~SS ~~Ol the said~~m~~~o~~rtgga~~~or has hereunto signed and sealed these resent the
day and year first above written. T~IS IS A BALLC)ON MORTGAGE AND THE FINAL PAYMENT OR THE
BALANCE DUE UPON MATURITY IS APPROXIMATELY $1 007.06 HER WITH ACCRUED INT T
I£ ANlt;. ANR LSLL ~lDe~~ttN~ CEMENTS MADE BY MO TE OF THIS MORTGAGE.
Jigne sealed and d l" red in the presence of
-,l~~f~-----~.~-.~-~------------------
ROBE F. McROBERTS,
I,
I -
i
1
c
STATE OF FLORIDA,
COUNTY OF ~~Ip
I HEREBY CERTIFY that on this day, before tae, as
officer duly authorized in the State aforesaid and in the County aforesaid to take acktwwledgments, personally appeared
ROBERT F. McROBERTS, JR.
to me known to be the person described in and who executed the foregoing instrument and he acknowkdaed
before me that he executed the same.
WI7:VE5S my hand and official seal in the County and State last aforesaid this 27th day of
February A. D: 19 80 "
Notary Public
~ ,9~0 F~~ 28 t~ State of Florida at Large
My Cottsaission expires: 3/ 1-
F?EEO ANL cLC~.;rc~c J (NOTARIAL SEAL)
S1.llyCiE CCURrv,t:t A. -
ROGER POITRA ~ teary ?ttb&, State. + -
~ CLERi< CIi:.Ull CC~~ _ awn +~c ~ ~ .
4'7`7456 3 - U ~ ~ i
Robert F. McRoberts, Jr. ~ '
I7iu hulrunrcul p~rpa~rd by: McROB~RTS 14 ST'EGER, P. A.
~ A~ld>rxs /lttorneys at Law
State 310, Stuart Nat'l. Bank Bldg. ~
~ 301 E. Ocean Boukrard