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HomeMy WebLinkAbout1027 - - - _ _ • - - _ Z and shall perform, comply tth sand abide by each and every the agreements, stipulations. conditions and cotenants theeaj, and of this mortgage, then this mortgage and the estate hereby created. shall cease. d~- te?mtne]~a,~nd~ 6t null and void. n1111 the mortgagor hereby further covenanb and agrees to pay promptly when dw the principal and interest and other sums of money provided for to said note and this mortgage, or either to pay all and singular the faxes, assessments, levies. liabilities, obligations. and encumbrances of every nature on safd pro- perty; to permit. commit or suffer no waste, impairment or deterioration of said land or the improvements thereon at any time; to beep the buildings now or herraffer on said land fully insured in a sum of not less than full insurable value in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payablt to, said mortgagee, and in the event any sum of money becomes payable by virtue bf such insurance tht mortgagee shall have the right to receive and apply the some to the indebtedness hereby secured. accounting to the mortgagor for any surplus; to pay all cosh. charges, and expenses, incltuling lawy~i fees and titb searches, reasonably incurred or paid 6y the mortgagee because of the failure o/ the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; fo perform, comply with and abide 6y each and every the agreement:, stipulations, conditions and covenants set forth in, said note and this mortgage. or either. In the event tilt mortgagor jails to pay when due any tax, assessment, insurance premium or other stun of money payable by virtue of said Hole and this mortgage, or either, the mortgagee may pay the snore. without waiving or of jecfing the option to joreclost or any other right hereunder, and all such payments shall bear interest /rom date ther+eoj at the highest law- ful rate then allowed 6y the laws of the State of Florida. ~l any sum of money herein refen~ed to be not promptly paid within 30 days next after the same 6econtes due, or if each and every the agreements, stipulations. conditions and rnvenants of said note and this mortgage, or either, are not fully performed. complied with and abided by, thin the entire sum mentioned in said note, and this mortgage. or the entire balance unpaid thereon, -shall jorehwifh or thereafter, at the.option of the mortgagee, 6ernme and 6e due and payable, anything in said Holt or htretn to the contrary notwithstanding. Fniltur 6y 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. ` sn ~~ul~ ~~Ols the said mortgagor has hereunto signed and sealed these presents the day and year Jtnt above written. Signed, sealed and deli~ver~ed in the prrsence of - GARY~`l~ COOPER NANCY COOPER i STATE OF FLORIDA, CouNTY of MARTIN . I HEREBY CERTIFY that on thu day, before tae. as officer duly authorized in the State aforesaid and in the County aforesaid to qke acknowledgments, persooaUy appeared GARY P. COOPER and NANCY L. COOPER his wife ~ r`''• -,~a ~ ` ' ~ to roe known to be the persong des<n~bed in and who executed the foregoi irutrument and thE'x%. - t f before me that they executed the same. .t~ WITNESS m hand and official seal in the Coun and State last aforesaid this .l~ r ty ~y`~ April A. D. l9 80. ~.""~{r. ;~;;x~- - ,n ~ t Notary Public ._.._...-j ttt7UQ A!~ Allig d Rt>~? Al tJllGl4 IMti 1 t~ttti3111tY tf t91l0 !x0 APit i 4 58 sots f~~i~.s u~ot,twtv~f.~s i fiLEO I?!tr' t.0!iiits Y ST.I.IiC~£ ~GUlITY.FLA. ; ttDG t't)iTRAS , tit.ER~t CIRG;R CDII//f{Tpp i d~Z_____ { - 194~.~lFeXriF~KtlE~fii~$y: EruK ~]hG~ PIGf~~~