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HomeMy WebLinkAbout2674 • 'and shall perjorm• comply with and abide by eoch and awry the agreemertta• sHpulattoni, conditions and covertanta there% and of this mortgope, then this mortgage and the «tate herby a«ted, shaA cease, de- termine and 6e null and void. the mortgagor hereby further cownonts and agn« to pay promptly when dw the principal and tneerest and other sums of money provided for tit acid not. and this mortgage. or either: to pay aQ and singular the taxes. aaaewmenta• levia• liabilitt«. obligations. °~~encwnbronca o/ every rtatttre on sold pro- perty: fo permit, commit or aujjer no waste, impairment or deteri3t+ation of spill land or rho tmprowmenta thereon at any time: to leeep the buildings now or hereojter on said-land fully irtsund in a .sum of not Ives than N/A ~ . in a rnmpany or eompani« aoeeptnble tQ the mortgagee. the policy or policies to be held by, and payable - to• said mortgagee. and to the event any sum of money 6ecorrt« payable 6y virtue Z,j ouch tnsur+artce the mortgagee ahaU haw the right to r+sceive and apply the sane to the indebtedness hereby secured. acoountirtg to the mortgagor Jor any surplw: to pay all cosh, charg«. arid expertsee, including lawyer's js« and titb searches, reasonably incurred or paid 6y the mortgagee 6etxiuse of the jailttn of the morlgagor to promptly and fully comply with the agreements. sttpulattons. condttiorta and cownanb of said nob and the rr?ortgage. or either: to perform, comply with and abide 6y each and every the agnemenb, stipulations, conditions and covenants see forth in said note and this mortgage or either. In t?te event the mortgagor jaib to pay when due .any tax, assessment. insurance premium or other sum of money payable by virtw of said note and thin mortgage. or-either. the mortgagee may pay the same, without waiving or affecting the option to jor+sclo,e or any other right hereunder, and all auclt pnymenb shall bear interest from date therooj at the htgheat law- - (ul rate then allowed by the lau,a of the State of Florida. - ~l any sum of money herein r+ejerred to be not promptly paid within ttL11'iy dnya next after the same becomes due. or iJ each and every the agreements. sttpulationa, conditions and covenants of said rota and thta mortgage. or either. are not fully performed, complied with and abided 6y, then-the entire sum mentioned in said note. and this mortgage. or the enttro balance unpaid thereon. shall jorthwUh or thsroajter, at the option of the mortgagee. become and 6e due and payabb, anything in said note or herein to the eontrttry notwithstanding. Failure 6y the mortgagee to exeretse any of the rtgha or options herein provided shall not eonatifute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~Il ~tlltSS ~~CEOf, the said mortgagor has hereunto signed and sealed these pmenls the day and year first above written. , Signed, led and delive in the presence of : ~ Pi~ttlee}^S~p STATE OF FLO, ~ R DAB - COUNTY OF I HEREBY CERTIFY that on this der. before me, as officer duly authorized in the State aforesaid and in the County aforeuid to take ;acknowkdarnents. personally appeared AIU~JR S. POWERS, a Partner of C~L~OWF:R ASSOCIAZFS, a Ps1~ip, to me known to be the person described in and who a:ecuted the foreaoins instrument and ~E acknowkdeed before me that iL2 executed the salts{ WITNESS my hand and official seal in the Counq and State last aforesaid this 23rd der of 1980 I;~r 23 P~ ~ 02 ~ E~ires 3:iy ~~unut st~~ eF RpRi0d1 ~ tWlt~E - iSS10N Elt11RES 1Ulr.i6 19ft ~ , SLLItCtE CCUIfTY. l~. Mr~µ ~0~:~' ,~..f, . ~a - ROGER POITRAS tf~ TIRU ~NL INS • : ~ Q: ti:;1;, ; , tllERl: c>iRCUn couRJ Q ~ _ y :e'~. ~o RfEf}i~t1YEP.+':F:D_. _Q-d`'~" 't'~ ~ ~ 3 ~ - • 6J . Q \ i~ j. h`, Thu Insnumrnt p?rp~oxd by: Aril Panipia ~y~s Title Ins. Comp. ~ Add,rts 999~S. U. S. 1 f Part St. hucie, Fla. 33452