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HomeMy WebLinkAbout1226 and shall perform. comply with and abide by each and every the ag?eement:. attpulstioni. condiHorte and covenants the?eoj, and of this mortgage, then this mortgage and the estate herby created. shall cease. de- termine and be null and void. the mortgagor hsroby further covenants and agrees fo pay promptly when dw the principal and intend and other sums of money proutded /or to said note and th4 mortgoge, or either; to pay all artd afngular the faxes. assessments, levies, UabtGttes, obligations, and encumbrortcvs of every nature on asfd pro- perty: to pe?mtt, commit or suffer no waste. impairment or dete?iwnHon of said land or the tntprowments lheneon at any time; to pep the buildings now or herraf ter on said land jolly insured to a stun of no! less thou HIGHEST INSURABLE VALUE. to a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payabb to, said mortgagee, and in the event any stun of money becomes payable by virtu. of such ittsuronce the mortgagee shall haw the right to receive and apply the same to the tnde6tsdness hereby secu?ed, accounting to the mortgagor jor any atuplua; to pay aII coats. charges. and expenses. including bwyer i fees and tttb searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditions and cownnnts of said note and Phis mortgage. or either: fo perlorm, comply with and a6id~ by each and awry lha agreements. stipulations, eonditioru and covenants set forth to said note and this mortgage or either. In the event !ht mortgagor jells to pay when due any tax, assessment, insurance premttsm or other sum of money payable by virtue of said note and this ~ mortgage, or either. the mortgagee may pay the same. without waiving or affecting the option to for+sclose _ or'any other right hereunder, and all such paymenb shall bear interest /ram date thereaj at the highest law- f ul role then allowed by the laws of the State of Florida. any sum of money herein referred to bs rat promptly paid within - 30 - days next after the same becomes due, or ij each and awry the agreements, stipulations, conditions and cownanb of said note and this mortgage, or either, are not jolly performed, complied with and abided by, then the entire stun mentioned in said note, and thL mortgage, or the entire balance wtpaia[ thereon, shall forthwith a thereafter, at the option of the mortgagee, become and 6e due and paynbb, anything in said note or herein to the contrary aofwfthstnnding. Failtue by the mortgagee to exercise any of the rights or opttoru herein provided shall not constitute n waiver of any rights or options under avid note or this mortgage accrued or thereafter accruing. ~n ~~11~ ~~~f, the said mortgagor ha: hereunto signed and sealed these presents the day and year first above u?riffen. Signed, sealed and define in the presence of - - _ L S. ~ Peter Burg ar t - - ~ .fu S. Bur hardt 8 ~ L.S. r. ~ ; ~ F- , _ O cr d Ir" .s u ~ - 1 STATE OF FLORIDA, COUNTY OF /vt~=~~/ I HEREBY CERTIFY that on this day. before me, as officer duly authorized in the State aioresaid and in the County aforesaid to take acknowkdaments, personally appeared - PETER R. BURGHARDT and JUDITH S. BURGHARDT, his wife to me known to be the person 8 dercn'bed in and who executed the [orcaoin~ instrument and have acknowkdSed before me that they executed the same. - WI7"NESS my hand and official stal in the County and State last a[oresaid this 2~f~ 'day of October A- D. 1980. . a r FILED R~ G.I?CEO ~~i ST.!! SAND .rLA. try u lie i;` - ~ • ;-I~~ My commission xpires: RP ; ' h{OTARY PUdIIC 51A;E CF iICRIDA Ai LARGE. ~V 6 I I 11 sUQ N NIY COlN.11SS1`;.N EX?'IfiES A: ii 4 198/ ~ M ~CN3DED iNRU G:c.EiJ~I-INS Ut~1DERi~R{iERS N`t~ttNitfiilfflll j~1j ~ - TNSS INSTRUMENT PREPARED 6T i ~ JUDITH B. ROW ELL. ASST- V P. ~ y ('I[F.t 1Y.A '1'1'i't.t; fi GI'AftAXT1' t't?. ~~%',~tr ~::ai:~'~~ ` P. O. 601[ 1131, STUART, FL 33~9A • A' y E. _ AS A NECESSARY INCIDENT TO THE ~~~j ~~~Rll~wr ' f rULf ILIMENT Oi CONDITIONS CON• !(~I~ I . TAINEO IN A TITLE INSURANCE [/YA~A ti• COMMITMENT ISSUEO sr IT. 80~JKJ/ {-/~rJ ,1