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HomeMy WebLinkAbout0882 and shall perform, comply ''a d abide y eac and every the agreements, stipulation's, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, ahall cease, de- termine and be null and twirl. the mortgagor hereby further covenants and agrees to pay promptly whe+t due'the principal and interest and other sums of money provided for in said note and Chia mortgage, or either: fo pay all and singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty; to permit. rnmmit or stiffer no waste, impairment or deterioration of said land or the Improvements thereon of any time; !o peep the buildings now or hereafter on said land fully insured in a sum of not less than in n company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtute, of suck insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting fo the mortgagor for any surplus: fo pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the failtue o/ the mortgagor to promptly and jolly comply with the agreements, stipulations, conditions and covenants of said note-and this mortgage, or either; to perform, comply tt~ith and abide 6y each and every the agreements, stipulations, conditions and rnvenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when ' due any tax, assessment, insurance premium or other setm of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or ajjecfing the option to foreclose --or-anp-other right hereunder, and all retch payments shall bear interest from date t%ter+eoj at the highest law- jut rnte then allowed by the laws of the State of Florida. ~f any sum of money .herein referred fo be not promptly paid within Th~.ty days next after the same becomes due, or i) 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 sum mentioned in said note, a?ed ibis mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything fn.said note or herein to the contrary notwithstanding. F-'ailure by the mortgagee to exercise any of the rights or options herein provided shall not constitute n waiver o/ any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~itneSS ~hel'eof, the said mortgagor has hereunto signed and sealed these presents the day and year first above « ~riHen. - Signed, sealed and delivered in the prnsence oj: . ( - - - -...~~'~~--'-t~.l~.~•----- • . -----tom Cindy T. B i - - i STATE OF FLnRIDA, C(~U\'TY C)F Martin I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Mark J. Bott and Cindy T. Bott, His Wife to me known to be tho person s described in and who executed the foreKoing instrument and they acknowledged Ix(ore me that they executed the same. ~ k~'ITIESS my heed and otticia) seal in the County and State last a[oresaid this 11th day of 1 A. D. 19 ~ . y'-~.:.'%= 42804 ~ - T C O r , - J ~ - - ~ ~ = tQQn aM ~ t' ~ f ~ 3~7 NOTARY ?UBLIC STATE OF FIOn!UA N MACE - 1~J,vWV. MY COMM~SStOtii EXPIRES MARCH j, rya _ _ troNVFO Trwu ryu?rwuw raa+owG ~Ctr n Y . ?tlf0 ~ C REC~ttlltll pp~~ptt Y.F~A. ,1GE . }l~ =tA ~OIT RA ' ttl.E11K CIRCW j, ?l1LttOR11fE91F1£0 ~ a'1~M hMnm~snli ~t Cheryl Ann Welch FIRST AMERICAN TITLE COMPANY lliu lrWrrnstnl prFprtrrd by: ~ MARTIN COUNTY, INC. c~ Adr~rrsr a~9 Ea:t 5ef,,;,,,a A~.rh,. sC KJ~ PACE . Sfwrt, Honda 3394 ~ ~ i