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HomeMy WebLinkAbout1423 and shall perform, comply with and abids'by~each and every the agreements. stipulations, taortditions and covenants thereof, and of this mortpaps, then this mortgage and the estate her+tby croaled. ahaU cease, de- termine and 6e null and void. ~Ild the mortgagor hetby /urther covenants and agrees to poy promptly when due the principal and interest and other sums of money provided jor in said note and this morlgoge. or either: to pay all and singular the taxes. asse:smenfs. levies, liabillltes, obligations. and sncumbrancvs of every nature on sold pro- perly; to permit, commit or suffer no waste. impairment or defertorttfbn of said land or the improvement lherecn at any lime; fo beep the buildings now or hereof ter on sold land fully iruured to a sum of not less than full insurable value. - • in n company or companies acceptable to the mortgages, the policy or policies to be held by, and•paynble to, said mortgagee. and In the event any stun of-money becomes payable 6y virtue of such insurance the mortgagee shall hatre the right to receive and apply the same fo the Indebtedness hereby secured, aecotutttng to the mortgagor jor any stupltu; to pay all costs. charges, and expenses. including ?awyer's jeer and title searches, reasonably tncttr?ed or paid 6y the mortgages because of the jntlttre of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either; fo perform, rnmply with and abide 6y each and every the agreements. stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor /ails to pay when due any tax, auessment, insurance premium w other sum of money payable 6y virtue of said note and tht mortgage, or either, the mortgagee may pay the same, without waiving or of jetting the option to foreclose or any other -right hereunder, and all such payments shall bear Interest from date fhtreoj at the highest taw- fttl rate then allowed by the laws of the State of Florida ~L a?ty sum of money herein referred to be not promptly paid within fifteEarl days next after the same becomes due, or ij each and every the agreements, stipulations. cnnditions and covenant of said note and this mortgage, or either, are not fully perjotmed, compiled with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or therenftsr, at the option of the mortgagee, become and 6e due and payable, anything in sold note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the right or options herein provided shall not rnnstitute n waiver o an rt his or ~~opp~io~~ns~ under sold note or this mortgage accrued or thereafter accruing. THIS ~ A ~ 1`~FY FIRSP H AND T~ FINFIL P tJR THE BAIL ~ I~QJ MAZ[)RI'I'Y IS $ 33 220.11 WI'l~i Il~T, IF A.NYArID~•ALL N~ B~t ~ ~ [~2 ~n ~~CtOf, 1Tie said-mo~g goy 7tus Tier~eunto signed and sealed these presents the day and year first above u~riflen. Signed, sealed and delivered in the presence of - - J tan _ Karen L. Allan I i STATE OF FLORIDA. COUNTY OF MAl~1'IlJ I HBREBY CERTIFY that oa this day before me. as officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkd6irient:, peaonally appeared Jerry L. Allan and Karen L. Allan, his wife to me known to be the person g desca'bed in and who a:ecuted the foreEoiriR instrument sad ackaowkdsed ~ before me that executed the same. ' WI7'NF.SS my hand and official seal in the County and State last aforesaid this ~ ~ dar of ' ~L p A. D. 19 8~. f sEe1~ t` ~r a Nata>:y ~ Public I90 Sri' I I P~' 3~ 13 r f+! ~ c >aic ~~•c:,.~: i* My CamLission is of t.~pslow s~wa St.l~Cif CCU4*'!,f I 10uAMKSItJN E7DilfS~~~rtfRS 3 --f:i:.Cat:fi P011ftAS TIRU GtNE~/LL ~ Zlt:RiS CIRCUIT CC;'~71/> f• Ff. G'?fi l'}"? - - (NOtdZ1/ $eal ) ~ , 499228 - ~ g~x~38 ~~i42i I7iu I,ulru»rnti prrprtred by: Donna L. Wilson, • r as agent for Canrotnw~ealth Land Title, ~ : ~ ~ : ~ ~ _ l Addrrxs 422 G~olorado Ave. , Stuart, Florida 33494. \ i y' ~fN. (File No. Cr018-741ST) . ~ G -u`~3~. . RDOOI2D-- & R~7IUIa1 T0; - ! _ . _ r= .