HomeMy WebLinkAbout0879 and shall perform, comply w[!h ttrtd abide by each and e(?ery the agreements, atipultitioni, eondittons and
cot?enanta thereof, and of this mortgage, then this mortgage and the estate kvreby created. shall cease, de-
termine and 6e null and twtd.
the mortgagor hereby further covenants and agrees to pay promptly when dw the prinNpal and
interest and other sums of money provided for in sold note and this mortgage. or either: to pay all and
singular the taxes, assessments, levies, Itabillties. obligaftons. and encumbtnnces of every nature on sold pro-
perty: to permit. commit or suffer no waste. Impairment or deterioration of sold land or'fhe tmprowmenta
thereon at any time: to keep the buildings now or hereafter on said land fully Insured fn a sum of not less
than its highest insurable value -
in a company or companies acceptable to the mortgagee, the policy or po~tcies to 6e held by. and payable
to, sold mortgagee, and in the event any stun of money becomes payable by uirtw bj such insur+artce Ike
mortgagee shall have the right to recetue and apply the same to the indebtedness hereby secured, neeotutttng
to the mortgagor for any surplus: to pay all coats. charges. and expenses. Including lawyer's fees and title
searches. ?easona6ly incurred or paid 6y the mortgagee because of fhs failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and eownants of said note and this mortgage. ,
or either: fo perform, comply with and abide by each and every the agreements. stipulations, rnndtltoru and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment, insurance premium br other sum pj money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or ajjecting the option to joredose -
or any other right hereunder, and all such payments :hall bear Interest from date ther+twj at the highest law-
(uI rate `then allowed by the laws of the State of Florida.
~L any sum of -money herein referred fo be not promptly paid within fifteen days next after
the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not jully_ performed, rnmplted with and abided 6y, 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 rnnirary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall -not conafihde a waiver of any rights or options under said note or this mortgage accrued or
fhereajter accruing.
~n ~t~~SS ~~~f, the said mortgagor has hereunto signed and sealed these presents the
day and year ji?st above written.
Signed, sealed and delivered fn the presence of
r..~-
Jbh~ T: ReTley-'~~-~•~"~-
i
f
~ STA?E OF FLORIDA,
COUNTY OF MARTIN
I HEREBY CERTIFY that on this day, before tae, as
officer duly authorized in the State aforesaid and in the County a[oresaid to take acknowledgments, personally appeared
JOHN T. KEIZ.EY and KAREN B. KELLEY, his wife
to me known to be the persot¢ described in and who executed the foregoing instrument and they, ackrwMr~dsed
before me that they executed the same. -s ~ ~+`"+'t~'"~~7~
r.
N I7 i~TESS my hand and official seal in the County and State last aforesaid this ~~,=`b'?:~~~~
~ May A. D. 19 $Q ; . 4 i.. .
s 1930 t~AY 14 A~ 9~ 20 MY ssloN E~IRES =di `
FILEDAh'LF=Ct311UL0 ~ '!~ws.,.:.~`` f_.
f S ROGER
i
0
TRAS~~ ~M~w ~ -
CLERK CI9CUI? CGURI ~ + 3-JO -8~-
arc ri ,.t- _ - _ ~ ~M ~ ~¦.¦~"ta.'
4~i8
TNIS INSTRUMENT PREPARED SY
CIIF,LtiSA 79'1'I,Y, at (I;AHA\'Ti (•O,
T/ra Lu~niincnl prrpnre~c/ by:
P. O. sox tIS2. STUART. FL »~Y~ . -
AS A NECESSARY INCIDENT TO THE
n(/(/Jr',~( FULFILLMENT OF CONDITIONS COH•
TAINEO IN A TITLE INSURANCE -
COMMITMENT ISSUEO SY IT.
I