HomeMy WebLinkAbout0531 and shall perform, comply with and abide 6y each and every the aQrwmenb, attpulatloni, cti?rtdttions and
covenants thereof, and of this mortgage, then fha mortgage and tits estate hereby crrafed, shall eeoae, de-
fermtne and 6e null and void.
the mortgagor hereby f
ttrther covenants and agrees to pay promptly when dw the prtnctpal and
interest and other sums of money provided far in said note and this mortgage, or either; to pay all and
singular- the taxes. assessments, Isaias, IfabibUes, o6ltgaltons, and encumbrances of every nature on.satd pro-
peNy: fo permit, commit or suffer no waste, impairment or detertorotfon of said land or the improvements
thereon at any time; to beep the bWldings now or herraf
ter on said land /ally insured in a stun of not less
-than highest insurable value
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payn6b
to, safd mortgagee, and in the event any stun of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the Indebtedness hereby secured, .accounting
fo the mortgagor for any aurplets; fo pay all costs, charges, and expenses, including lawyers fees and ttfb
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and rnvennnts o/ said note and this mortgage.
or either: to perform, comply with amd abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or offecfing the option to /orecloae
or any other right hereunder, and all such payments ahaU bear interest from .date thereof at the highest law-
f
ctl rate then allowed by the laws of fhs State of Florida.
7! any sum of money herein referred fo be not promptly paid within thirty days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of :aid _
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and bs due and payable, anything fn safd note or herein
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 said note or this mortgage accrued or
thereajter accruing. Mortgagee accepts this Mortgage on the cotldition that
hould foreclos re a ne essi~ t d the Mort ee's sot mad wit11
~e ~ ~~et~e-~esc i~ed pr~pe ty;r~a~e no~ se~k
s e a~~i~+ pggg~~ign nn sea 1 ese presents t o
day and year first above w fen. b'"'"~ -
Sfg Baled and delft r d in the presence o/:
_ G
Q ~ MILTON A . -STEIN
f
j
STATE OF FLORIDA.
f COUNTY OF /h s.
I HEREBY CERTIFY that on this day, baton me, an
officer duly authorized in the State aforesaid and in the County atoresaid to take acknowledgments, personally appeared
MILTON A. STEIN
to me known to be the person described in and who executed the foregoing instrument and heacknowkdged
before me that he executed the same.
~ WITNESS my hand and official seal in the County and State last aforesaid this 17th day of
July A. D. 19 80
_ _
i _
t
`r
4q3
- Notary Public. State of Florida at large
~ My Commission Expires Aprl 5, 14ad
h+led taw Sres i..- 4,1 ++c• :nc.
18 ~ ~ 58
~?c~
- ~•cp~Ft~b~R SHERRARD
fhrs I,ulri»,cna• prrp~a~~1 AttomeyAt Law = J -
A~fd~cu 203 S. Indian River Drive ~ ~
P. O. Box 4332
Fort Pierce, Florida 33450 ~ r`
~ ~