Loading...
HomeMy WebLinkAbout1596 and shall perform, comply tuith and abide 6y each and every the agreements, stipulafioris, conditions and cotenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and void. the mortgagor heru6y further covenant: and agrees to pay pw?nplly when due the principal and interns! and other sums of money provided for to said Hole and this mortgage, or either: to pay aU and singular the lazes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty; fo permit, commit or st?jjer no waste, impairment or deterioration of said land fir the improvements Iher+ecn at any time;, to keep the 6uildin s now or hereafter on said land fully insured in a sum of not less than ~jft,(,s~ (/A(SGI.hK~ ?Q,~ in a coh~iany or companies acceptable fo the mortgagee, the policy or policies to he held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y t?irltu? of auch insurance the . mortgagee shall bane the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any sttrpltts; to-pay all costs, charges, and expenses, including lawyers jeea and !tile _ searches, reasonably inct?rred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly _ and fully comply with the agreeme?tls, stipulations, conditions and covenants of said note and this mortgage, or either; to perform, comply u?ith and abide by each and every the agrwements, stipulationu, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails fo pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said Hole and this mortgage, or eft{ter, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereu?tder, and all such payments shall bear interest from date thereof at the highest Iaw- jul rate then allotued by the latr?s of the State of Florida. ~f arty sum o/ money herein referred to 6e not promptly paid within .j0 days next after the same becomes due, or i j each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed, complied u?i!h and abided 6y, then the entire sum mentioned in said note, and 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 in said note or herein to the contrary nottt?ifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein prodded shall not consfittrte a u?airer of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~ttlteSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the day and year Just above trritten. ed, sealed and delivered in the presence of . 4. --~-~~r'f`-t'~-------•------------- ~ ~ Georg..- S . - Fe ~fi wrr S ra L ~ ~ OS ~1 CO n0 onno Yy STATE OF FLORIDA, I ~j ~ COUITY OF 11n-`1(_v7~ I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take a:tnowledgments, personally appeared George S. Fey and Sandra L. Fey, husband and wife and Joseph E. Connolly and Ruth E. Connolly, husband and wife to me known to be the persong described in and who executed the foregoing ?rutrument and they acknowledged before me that they executed the same. `~~,;,?inn.,,, s-~- N'I7 i\ESS my hand and official seal in the County and State last aforesaid this 9 e(J c o ~ _ ? otary Public = ~ ~ ~ { ~ ~I; My commission expires : r-//-'~- 1920 E:n`; t 6 PI; - S~r;Sc is 3 . tiCtF CGJNIY.FLA. ~t R POITRAS ~ ~t.L'i~tt ZtIK4Ulj t.~1R / II 1~dt~\'I RiFI~ ^ - - l ~LS•VVa/V l ' CHICAbO ~1TlE INS. CO. "!'his I~ulnimr-n~ prrprrrr~l hy: ~)Rtt~~ Carter Elbtreellrt Bti01f JJ~ Pl16f n`f`~'r~ 555 COLORADO AVE -SUITE 4 - STUARTr FLORIDA 33494 I