HomeMy WebLinkAbout0083 and shall perform, comply with and abide by each and every the agreerrtents, sttpulatioris, eondittons and
• covenants thereof, and of fhb mortgage, then this mwtgage and the estate herby created, shall cease, de-
termine and be null and twirl.
fhe mortgagor hereby further rnvenanta and agrees fo pay promptly when dw the principal and
irtteres! and other sums of money provided for in Bald note and fhb mortgage, or either; to pay all and
singular the faxes, assessments, levies. Itabilttiei, obligaftons, and enctunbr+aneea o/ every rtattrre on said pro-
perty: to permit, rnmmtt or suffer no waste. Impairment or defertorotion of said land or the tmprowmenb
ther+ecn at any time; to beep fhe buildings now or hereafter on said land /ully Insured to a stun of not leas
than HIGHEST INSURABLE VALUE.
in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the euertt any stun of money becomes payable by virtw of such irtstsrance the
mortgagee shall have fhe right to receive .and apply the sums to the indabtednsss hereby securrd. aceottntirtp
to fhe mortgagor for any surplw; to pay all costa, charges, and expenses, Including bwyeri fees and tltb
searches, reasonably incttr?ed or paid by the mortgagee beeawe of fhe jailtrro of the moAgogor to promptly
and fully comply with the agreements, stipulaltons, rnndittons and covenants of said note and this mortgage,
or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and fhb mortgage or either. In fhe event the mortgagor fdb to pay when
dtse any fa:E, assessment, insttronce premium or other stun of money payable by virtue of said note and fhb
mortgage, or either, the mortgagee may pay fhe same. without waiving or affeNing fhe option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate then allowed by the Iowa of the State of Florida.
~l any sum of money herein referred !o be not promptly paid within - 30 - days next after
the same becomes due, or if each and every fhe agreements, atipulalions. conditions and eovenanb of said
note and this mortgage, or either, are not fully per/oared, complied with and abided 6y, then the entire
sum mentioned in said note, and fhb mortgage, or the entire balance tanpaid thereon, shall forthwith or
thereafter, at fhe option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failtue by the mortgagee to exercise any o/ the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or fhb mortgage accrued or
fherea f
ter accruing.
~n ~~NIeSS ~h~of, fhe said mortgagor has hereunto signed and sealed these presents fhe
dry and year first above written.
Signed sealed and delivered in the presence oj: ~
Ul_ ' - tan--B -sh ----z+----- L.S.
L.S.
L.S.
O
R
STATE OF FLORIDA,
- COUNTY OF MARTIN
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
~ DELAN BUSH
to me known to be the person described in and who executed the foregoing instrument and IlaS acknowtedsed
~ before me that he executed the same.
WITNESS my hand and official seal jn the County and State last aforesaid this 23rd day of
~ July A. D. 19 80.
49495 Notary Publ - ~
s ~ 7
e~
~ My commission expires: ~
- Notary Pe6it, State oI Fbtida at Large
19~ auG -4 A~ ct: 26 c~.a~. ~ luilr l2, 193a
a aWM iMr bat i~.e Iswowu 1wc.
'i FIlfO ANC pFCOr1DED -
SI•tOC1 COtktiY.FIA. I
l ~ ROGE~ F'OIT~ST - J
t'.I.Eittt CitRCWT t~+ :
J. • ; • • • . ~
z
THIS INSTRUMENT PREPARED BY +-1 ~t~. J
~ JL•OITH t3. ROWELL. ASST. V P .J~
c•t[F tsrn •t~•rr.t..r ta-nf:nx•rv t•ti.
P O 907[ 1132- STUART, it 3319•
AS A HECESSART INCIDENT TO THE 'f fT`R~,~
- iU LFILLM ENT OF CONDITIONS CON- I
fed=
TAINED IN A TITLE INSURANCE
' COMMITMENT ISSUED BT li. f
81'~K 336 PaG~ g.3
- -
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