HomeMy WebLinkAbout2031 .red shall perform, comply with and abide 6y .ach and every the agreements, atipulatloris, eoreditloru and
coeTenants thereof. and of this mortgage, then this mortgage and the estate hereby taleated, ahaU cease. de-
termtne and fie null and void.
the mortgagor Newby further eownarets and agrees to pay promptly when dw the principal and
interest and other sums of mo?uy provided fa' in sold note and this mortgage, or either; to pay sU and
aingular the loxes. ossasments, levies. liabilttia, obligaftons, and encumbroncea of every nature on said pro-
perty: to permit. commit or soft
er no waste. impairment or defertorolton of sold Innd or the fmprowmenb
thereon of any time; to keep the buildings now or hetjraf
ter on sntd land juUy insured to a sum of not 4u
thou HIGHEST INSURABLB VALUB.
In a company or companies acceptable to lice mortgagee, the policy or policies to be held 6y, and payable
to, sold mortgages, and in the event any sum o/ money 6eeonea payable by virfw ej such insurar?ce the
mortgagee shall haw the right to receive and apply the same to the indebtedness hereby second, accounting _
to the mortgagor /or any surplw: to pay all cosh. charges. and expenses. tncludtng lawyer i /ea and tttb
- ,conches. ?easonably incumd or paid 6y the mortgagee beeawe of the failure of the mortgagor to promptly
aced fully comply with the agreements. stipulattona. conditions aced cownonb of said nob and thL mortgage.
or either: to per/orm, comply with and abide by each and every the agreements, atiptslnttoru, conditions and
eownants set forth in .sold note aced tleis mortgage or either. /n the event the mortgagor fails to pay when
due any tax, assessment, iruurance premitam or other sum of money payable 6y virtw of said note and thin
mortgage, or etcher, the mortgagee may pay the same, without u~atving or aj/ecttng ehe option to foreclose
or any Debar right heretender, and all such payment shall bear interest from date thereof at the highest law-
f
ul role then allowed by the laws of the State of Florida. .
~L any sum of money herein w(ened to be not promptly paid within - 30 - daly next ajbr
the same becomes due, or if arch and every the agreements, stipulations. eonditioru and covenant 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 this mortgage, or the entire balance unpaid thereon, shall f
orthwlth or
ehenaf
eer, at the option o/ ehe moregages. beeonee and bs due and payable, anyehing to said nob or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the ?igha or options, herein
provided shag not constitute n waiver of any rights or options under said note or this mortgage accTtsed or
thereafter accruing.
In ~ ~~~f, flee said mortgagor has hereunto signed and sealed these presents the
day and year f
int above written:
_ _
Signed, sealed and delivered in the presence of : ~ e
_ v
~d -
aGe~ .zGl'
L S.
- Dav d Sis o
i
L.S.
Rut isco
L.S.
1 L.S.
i
NEW J EY -
COUNTY OF
I HEREBY CERTIFY that oa this day. before Ire, an
officer duly authorized in the State a[oreuid and in the County doresaid to take :cknowkdgments, personally appeared
DAVID SISCO and RUTH SIS00, his wife
to enc known to be the person S descrebed in and who a:ecuted the foregoing instrument and h~F acknowledsed
before me that .t•hp~r executed the same.
WITNESS my hand and official seal in the Counq and State last aforesaid this ~07~ day o[
..~t(w/~ A. D. 19 80.
J
. .a • -
Notary..~llic . ~.a
19&0 JUF~ 25 P~' 2: 46 My commission expires: •`;'"~;3~.~~~
THOMAS 7~. JONESr+~ f. ~ ~ ~~.;r ~i~
F LE0 shC PECONOtO NOTARY i•;16Lir.' GF NEW 1~R9.~'~=. e , v 1
$TLIICIECCU~ilYFLA. ti t3?
tp~R POITTRAS 1R~ Cummisswn Expires Sept. I
i
t ~Ir~RK t;IRCUfT CGJ T = ~
- ~ ; !'ter' r
x gCC;ltt Y RiPtEd__ _ % ~4?~?'`'-. ~~~.~,,~Y
490~SS3
ell..:
' ,
THIS INSTRUMENT PREPARED er
JUDITH B. ROWELL. ASST. V.P.
This Inarunurr[ prrpa~t-d by: CIIF.1 tixA 7T1'LF. h (a-A1tAXTl' ('O.
P. O. e011 1132. STUART- FL »S9A
AS A NECESSARY INCIDENT TO THE
A )dJCSf FULFILLMENT Oi CONDITIONS CON-
TAINED IN A 71TLE INSURANCE
COMMITMENT ISSUED e7 IT. tIQ (1(1[, ~p~~
YV1N1 V~./V