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and shall perform, comply with and abide 6y each and every the agreements. atipulationi, condttiotu and
covenants thereof, and of this mortgage, then this mortgage and the estate herby created, shall cease, de-
termine and 6e null and void.
end the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
inferesl and Other sums o/ money provided jor to said. note and th4 mortgage, or either: to pay all and
singular the taxes. assessments, levies, liabtltttea, obligations, and enctunbtnnces of every naturo on said pro-
perty; fo permit, rnmmit or s;~jjer no waste, impairment or detetiorofion of said land or the improvements
theteen of any time: to keep the buildings now or hereafter on said land fully insured in a sum of not less
than full insurable value
to a company or rnmpanies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee. and in the event any sum of money becomes payable by virtue of such Insurance the
mortgagee steal[ have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jor any surplus: to pay all costs. charges, and expenses, Including lawyer i Jess and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of fhe mortgagor to promptly
and /ully comply with the agreements, stipulations, conditions and rnvenants of said note and this mortgage.
or either; to perform, comply with and abide 6y each and every the agreements. stipulations, conditions and
covenants set Jorth in said note and this mortgage or either. In fhe event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other stun of money payable by virtue of said note and this
moNgage, 'or either. the mortgagee tray pay fhe same. without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date therroj at the highest law-
jul rate then allowed by the laws of the State of Florida.
~l any sum of money herein re%rred to be not promptly paid within - 15 - days next after
the same becomes due, or ij each and every fhe agreements, stipulafiotu, conditions and couenanb 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 forthwith or
!hereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary nofwifhstanding. Failure 6y fhe mortgagee to exercise any of fhe rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
therea/fer accruing. .
Dn ~~eof, the said mortgagor has hereunto signed and scaled these presents the
day and year just above u•ritfen. THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE
BALANCE DUE UPON-MATURITY IS APPROBIMATBLY $6743.98, TOGETHER WITH ACCRUED INTE T
Si ed, sealed and delivered in fhe presence oj: IF ANY, AND ALL ADVANCEMENTS MADE BY THE
C~ ~ MORT~GEE ER THE TERMS OF THIS MO
---i
/
ROBERT McRO ERTS, JR. - - -
STATE OF FLORIDA,
COUNTY OF ~jtTTN
I HEREBY CERTIFY that on this day, betorc me, as
officer duly authorized in the State aforesaid and in the County aforeuid to take acktwwkdgmenu, personally appeared
ROBERT F. McROBERTS, JR. 3
~ to me known to be the person described in and who executed the forcgoin; instrument and he acknowkdsed
~ before me that he executed the same.
~CI7-NESS my hand and official seal in the County and State last aforesaid this 3rd day of
iJtlly A- D. 19 $0 ~
•
52 ~
492 - -
Notarq Public
6 ~ 3'aL 8 ~ % s ~ ~ State of Florida at Large
48 My Commission exp: •~r.33r~$l.
s~ t~ ~ . (NOTARIAL SEAL) ;:'tom'
- r • -
€ - I s ,
i Robert F. ~~Q~b t$. Jr. ,
j McROBERTS &~itb~ !'.A. `
Ilu Lwrunu~~rJ ~ ,rd h
P f
Y /lttorneys at Lew
Addru Suite 3 ~ 0. Stwrt N.+'I. Bank Bldg. 1
301 E Ocean 6oulward BQ~~~ p~E~,~~,
` ~ Stuarf~ Florids 3344