HomeMy WebLinkAbout0719 and shall perform, comply with and abide 6y each and every the agreements, stipulations, cwtdifions and
covenaRfa lhereoj, and of this mortgage, then this mortgage and the estate heroby created, shall tosses, de-
termine acid be null and twtd.
the mortgagor hen+by ftuther rnvenanfs and agrees to pay promptly when due the principal and
interest and other sums of money provided for to said note and fhu mortgage. or either: to pay all and
singular the faxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly; fo permit, commit or silt
jer no wnsfe, impairment or deterioration of said land or the improvements
thprpcn of arty limp: to /rpep the buildings now or hereajfpr on said land Jully insured in a sum of no! less
than full insurable value
in n company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said morfgagpp, and in !hp event any sum of monpy becomes payable by virtue of such insurance the
mortgagee shall bane the righ! to receive and apply the same to the indebtedness hereby secured, accounting
to the moHgagor for any surplus: fo pay all costs, charges, and expenses, including lawyer's jeer and tilb
searches. reasonably incelrrell or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and jtllly comply with the agrepme?tts, stipulations, conditions and covenants of said note and this mortgage,
or either; fo perform, comply. with and abide 6y each and every the agreements, stipulafioru, conditions and
rnvena?tts set forth in said note and this mortgage or either. /n the event the mortgagor jails to pay when
due any tax, ctssessmprtt, insurance premium or other stlm of money payable 6y virtue of said note and this
mortgage, or either, t/tp morfgagpp may pay the same, without wniufng or of
fecting the option to joreclo:e
or nny other right herptlnder, and all st/ch payments shall bear interest from date thereof at the highest law-
ful rQfP `IhPn QIIOII~P(I I)y IhP Ia!!~S Of the State Oj Florida.
arty st/m of monpy hprpirt referred to 6e not promptly paid within 3U days next offer
the same becomes dire, or iJ each and every the ngreempnts, stipulatfons, conditions and covenants of sntd
note and this morfgaryp, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said Hole, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
fhereajter, at the option of the mortgagee, become and 6e due and
payable, anything in said note or herein
to the contrary nolurithsfanding. Failtrrp by the mortgagee to exercise nny 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
Ihereaffpr accruing. '
~n ~ltfleSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above torittpn.
SigRPd SPaIPd and dPlivP the prp5Pl1['p O(: _
W. G. ~'ritsche 1~1.~.
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Caro----Fri- s
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~ STATE OF (~7RTDA, /
COL'tiTY OF ~lt/X~ -
I HEREBY CERTIFY that on this day, before me. an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
W. G. Fritschel, M.D. and Carol H. Fritschel, husband and wife
r
to me known to tx the persons described in and who executed -the foregoing instrument and they acknowledged
before me that theyexecuted the same, y~
~ )~'I'I:'VESS my hand and official seal in the County and State last aforesaid this tJ~ day of
iII '.~/]I A. D. 19 ~L1
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ti , ~
Ti-~ a-ry u 132~--
1980 JUDY 17 P~ 12~ 31
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My commission expires: (/7/g~
FIt.EQ ~eEMC'•f CUNik:O
S ROGER
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490418 - ~
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CHICAGO TITLE INS. CO. ;~~~''~''~•"-~'"~:1 -
..r -.ass.! .',;,Y4,y "
Carla Elbrecht •
T/tu liulnun~n/ prcpitrriJ by: 555 COLOfiADO AVE. -SUITE 4 .
~~/i/nom STUART, FLORIDA 33494
i 8~(~ P~lif 71,$ ,
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