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HomeMy WebLinkAbout1723 and shall perform, comply with and abide 6y each and every the agreements, attpulationi, conditions and covenants ther+s% and o/ this mo?fgaae, then this mortgage and the estate hereby"cwafed, shall sews, de- - fermtne and be null and void. the mortgagor Newby /wther covenants and ogress to pay promptly when dw the principal and interest and other sums of money provided jor to said note and this mortgage, or either: to pay all and singular the taxes, assessments, levies. liabilities, obligations, and encumbrances o/ every Wotan on said pro- pe?ty: to permit. commit or su/fe? no waste. impairment or deterioration of sold land or the improvemen4 thereon nt any time; fo !seep the buildings now a herea/ter on said Iand /ally insured in a rum of not bu than N/A - in acompany or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable to. said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall hnue the right to receive and apply the some to the indebtedness hereby secured, accounting. to the mortgagor for any stsrpltu; to pay all costs. charges. and expenses. including lawyer i jees rend title searches, reasonably incurred or paid by the moNgagee 6eeause of the /ailtsn o/ the mortgagor fo promptly and /ally comply with the agreements, stipttlntions, cortdttions and covenants o/ 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 this mortgage or either. "In the event the mortgagor /alb to prey when dtte any tax, assessment, insurance premium or other :uot o/ money payable by virtue o/ said note and this mortgage, or either. the mortgagee may prey the snore, without waiving or affecting the option to foreclose or any other right hereunder, and all such paymsnb shall bear infereit lrom date thereof at the highest law- f ul ?afe `then allowed by the laws o/ the State o/ Florida. ~l any sum o/ money herein referred- to be not promptly pntd within ~ _ days next nlfe? the same 6ecomps due, or i/ each and every the agreements, stipulations. conditions and eouonants of said . note and this mortgage, or eithe?, are not /ally 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 thereafter, at the option of the mortgagee, become and be due and payable, anything fn said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the righa or options herein - provided shall not constiftrte a waiver of any rights or options under said Hots or this mortgage accrued or thereafter accruing. - - ~n ~ttne3S thereof, the said mortgagor hna hers!unto signed and sealed these presents the day and year first above written. Signed, sealed rend delivered in the presence of : - ---M urice ~"M~ -'Felton-~-~---- ~ _ A:-- -Yie~~Fe2tori I i - - r STATE OF FLORIDA, ~ - COUNTY OF ~~,i/ra~~ I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take ackuowktdsmeots, personalty appeared Maurice N. Felton and A: Marie Felton, husband and wife to me known to be the person described in and who eaecuted the toregoi,ys instrument and they ackrawkdsed before sae that they executed the same. ~ ~ d W115VESS my hand and official seal in the .County, and State last atoraaid this a 3 day of - ~ ; - pl _ ..'nb tic • ~ ~ f'~~- - - My cotmtission expires : ~ il~~ - ~9 f~j "C~ f ~ ; , - 504'74'7 - ~ , 1~ 0 OC1 24 P!! 2~ ~ t - ~ f ItEC RNf «CG=+: i J ROGER P011R:~S~- - CHICAGO TITLE IPiS. CO• tt[itfc I:fRCUIT CGLP.T /J Carla GlLrrcltl s;.-.c-^ti•=.*If;tn..- -555 COLORADO AVE. -SUITE 4 k 11ru Irwrumcrr/ prrpaad by: STUART, FLORIDA 33494 t nadrt~ - X341- p~~i7i8 ~ - ,r. _ .