HomeMy WebLinkAbout1209 ' ~ and shall perform, comply with and abido 6y each and et+sry the agreements, stipulationi, eondttiona and
cot+enanls thereof, and o/ 1ht mortgage, then this mortgage and the estate hereby created, :haU cease, de- '
termine and be null and void.
the mortgagor hen?by further rnvenanfs and agrees to pay promptly when dtu the principal and
interest and other sums o/ money provided /or in said note and this mortgage. or either: to pay aU and
singular the fares. assessments. levtea, Iiabil!ltes, obligations, and encumbrances of every nature on said pro-
perty; fo permit, rnmmif or suffer no waste, impairment or defertorotton of said land or the improvements
thereon of any time; fo lteep~ the buildings now or her+pajfer on said land fully insured Ina :tun of not less
than full insurable value.
in a rnmpany or companies acceptable fo the mortgagee, the policy or policies to be held by. and payable
to, said mortgagee. and in the event any sum of money becomes payable 6y virtue of such inswartce the
mortgagee shall have the right to receive and apply the sane to the indebtedness~hereby secured, accotsnttrrg
fo the mortgagor for any surplus; to pay all costs. charges, and expenses. incltuling lawyer's fees and title
searhes, reasonably incurred or paid 6y the mortgagee because o/ the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, eamply with and abide by each and every the agreement, stipulations, conditions aid
covenants set forth !n said note and tht mortgage or either. /n the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other stun of money payable by virtue'of said note artd tht
moifgage. or either. the mortgagee may pay the same. without waiving or affecting the option to jorecbse
or any other right hereunder, and alI such payments shall bear interest from date ther+eo/ at the highest law-
f
ul r+afe then allowed 6y the ~aws of the State of Florida. _
• arty sum of money herein referred fo 6e not promptly paid within ~ days next after
the same becomes due, or ij 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
stun mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall /o?ihwith or
thereafter, at the option of the mortgagee, became and be due and payable, anything in said note or herein
fo the confrory notwithstanding. Failure by the mortgagee to exercise any of the right or options heretrt
provided shall not constitute a u?ait+er of any rights or options under said note or this mortgage accrued or
thereajfer accruing.
7n ~~uleSS ~~eof, the said mortgagor has hereunto signed and sealed these presents the
ay and year first above u+riflen. -
Signed, sea and it the presence j:
- •------J~---G.". " .
~~Gloiia .amp
_
STATE OF ~ x MEk1
COUA'TY ('~F~'~i~h~s~r.~v
. _ I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgments, personally appeared
John C. Damp and Gloria R. Damp, husband and Wife
i
to me known to be the person S described in and who executed the fonAoinq instrument and they acknowkdecd
befon me that TI?EY executed the same.
~~VjIT~NESSLm,~y hand and official seal in the County and Sute la (oresaid this dar of
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~ 5131 •-p-• - ~f
SAP ~ ~ ~ S ~ My commission espires: /`~lX.~ 30~9~
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• CHICA60 TITLE INS. CO.
Tlia I,wruiinr~ pirp~aird by: Carla L~lbrecht
bS5 COLORADO AVE • SUITE 4
Addmu STUART~ FLORIDA 33494 ItR~~p
6QOK Jc70 P~E~7
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