HomeMy WebLinkAbout2632 r
and shall perform, rnmply with and abide 6y each~and every the ogreements, stipulations, conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shad cease,' d~-
• termine and be null and toil. '
n~~/t~ mortgagor hereby further covenanfr~~ agrees to pay promptly when due the'ptrtncipal and
inte~rst and other sums of money provided /or in said note and this mortgage, or either, to pay all and
singular the faxes, assessments, levies, liabilities, obligations, and encumbrances of every nntttre on said pro-
perty: fo permit. commit or sttj(er no waste, impairment or deterioralton of said land or the improvements
thereon at any time: fo Iteep the buildings now or hereafter on said land jelly insured in a sum of not lee
than Eighty-Six Thousand Dollars------------------($86,000.00 U.S.)
in n company or rnmpanies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the everts any sttm 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, aeeounfing
to the mortgagor (or any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title
seairhes, reasonably incurred or paid by the mortgagee because of the (ailttre of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: fo perform, comply with and abide by each and every the agreements, stipulations, conditions end
covenants set forth in said note and this mortgage or either. In the event the mortgagor fait to pay when
due arty tax, assessment, insurance premium or other sum of money payable 6y vi?iue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to jorecloae
or any other right hereunder, and all such payments shall bear interest /rorn date ther+eoj at the higher! law- ~ .
(ul rate then allowed by the laws of the State of Florida.
arty sum of money herein referred to be not promptly paid within days next after
the same becomes dtre, or i( 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 dtte 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 constittrfe a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~ti witness whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above tvritlen.
gn d, sealed and livered in the presence o(:
- - -
RD
P ARI; -:GO N"----
i
f
I
~ I
STATE OF FLORIDA, ~ -
COLT\TY (1F
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowltdgments, personally appeared
MORRIS GORDON AND PEARL GORDON, his wife,
E
P
~ to me known to be the persorS described in and who executed the foreQoinq instrument and they acknowledged
before me that they executed the same. .
~
1 ~K~.f~ my hand and official seal in the County and State last aforesaid this 2$th day of
'S. -
4 ~
-
" pR10A AT LARGE I
'
- ~ `i°
'r e ~ w ~ ~ I a~V
,s, .p V B L 190 .'Y -7 AFf ~I~ 28
~a~ ,F~,o~:,o` .
.•....e,- Fil:l~ Ceti ~t:lifzGf U
• ST.R_UCIE CCUNTY.fIA.
ROGER ~OITRAS
1 GiERei C1Rit:'IT COL'I;T
i ( - ~ -
~ THIS INSTRUMENT PREPARED BY:
Christopher Finger, Esq.
f for SUN TITLE & ABSTRACT CO.
Thu hulnuit~»~ p~pirttrrJ hy:
A Jnu 3526 South Congress T~~
Boynton •Beach, FL 33436 E~?R PlGE t