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HomeMy WebLinkAbout1484 i ~ I i and shall perform, comply with and abide 6y each and every the ogreements, •tiptdnttoris, conditions and - cot+enanb thereof, and of this mortgage, then this mortgage and the estate herby chafed. shall cease. de- termine and bs null and twirl. ni11f; the mortgagor heraby ~ureher covenants and agroes to pay promptly when dw the principal and interest and other sums of money provided for in said note and this mortgage, or either; to .pay nil and singular the taxes. assessments. leutes, lfabillties, obligafioru, and enctunbr+atces of every naltue on sold pro- perty: to perrttil. commit or suf jar no waste. impairment or detertorotton of said land or the improvements thereon of any time; to beep the 6ulldtngs now or he?eajter on said land fully insured in a stun of not less than ' ' in a company or companies amepfable to the mortgagee, the polity or policies fo be held by, and payable to, said mortgagee. and in the event any sum 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, aceounftng to the mortgagor for any stupltu: to pay all awls, charges, and expenses, tncltidtng lawyer's fees and titb - searches, reasonably incurred or pall 6y the mortgagee because of the jailuro of the mortgagor to promptly and jolly comply wtth the agreements, stipulations. conditions and covenants qj said note and this mortgage, or either; to perform, comply wttk and abide 6y each and awry the agreements. stipulations. conditions and rnwnanfs set forth to said note and this• mortgage or either. In the event the mortgagor jails to pry when due any tax, assessment, insurance premium or other stun of money payable by virtw of said note and this morlgnge, or either, the mortgagee may pry the same, without u~ntving or of jecfing the option !o foreclose or any other right hereunder, and alI such payments shall bear interest from date !hereof at the higher! law- f uI rate then allowed by the lotus of the Slate of Florida. any sum of money herein referred to be not promptly paid within Tfiirty days next ojter the same becomes due, or if 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 6y, then the entire sum mentioned in said note, and lhts mortgage, or the entire balance unpaid- thereon, shall jorehwith or thereafter, of the option of the mortgagee, bernme and 6e due and payable, anything in said note or heroin to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under sold note or this mortgage accrued or thereafter accruing. ~ ~Il ~~ttltSS ~~Of ~ the said mortgagor has hereunto signed and sealed these presence the day and year first above a+riNen. Sig , ~se~a, l/e~d and de iuer+ed in the pr~se~e of SSIE MAE HILL f - STATE OF FLORIDA, COUA'7'Y OF Martin I HEREBY CERTIFY that on this day. before tne+ as officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ANDREW HILL and JESSIE MAE HILL, His Wife to rite known to be the person 3 described in and who executed the foregoing instrument and the~? acknowkdaed before me that then executed the same. WITNESS my hand and of[icial seal in the County and State last aforesaid this ~(at'''~ day of f ; ~ Juice A. D. 19 80 . ~ss.MMNNryps/ ~ - ~ Q L ~ , ' - ` ..................1~.~ 7 O-,: T' s I~IOTARY PUB C - i+ISC COMHIISSI~T EXPIRES: A ~ ? 1i0'rnm/ t~tteuc stun: a aorgtt sr tnrtrtctE - ~ A NM. COW.YSSWM EXPIRES btAgCF1 2. 1982 :f N,{~I +t1ti fIC CUA~ D 6onIDro 7TYW AIAYMARD aOttDINO ~y • _ 9~. Ct ~~t3 PODI?RASA. ,~~'''sgtnNstN~~~ REC~'.D Yc"RIFIEf'_ ~ - 490514 t ~ ~ ~ t~~ i RRST AMERICAN TRLE COMPANY ' f/iu I,~aru„~,r p~rpnrt°d by: ~ MARTIN COUNIY. INC. ~ Addrxs l9 Est S.wtinol. AwntM PAGE ~~i[7fi 51uart. Flgrieia 33494 ~ - ~ ~