HomeMy WebLinkAbout1104 and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants IlrerPOf, and of this mortgage, then Ihis ntwfgage and the estate hereby creoled, shall cease, de-
fermine and Ire null and void.
end IhP mortgagor hereby further covenants and agrees to pay promptly when dw the principal and
i?tleresl and oflter sums of money provided for to said note and this mortgage, or either; to pay all and
singular the IAxPS. assessmertls, IPUlPS, liabilities, obligations, and encumbronces of every nature on said pro-
perly: fo permit. commit or suf
jPr no waste, impairment or deterioration of said land or the improvements
Iher~ecn at any tlmP: fo ltPPp fhP buildings now or hereof ter on said land fully insured in a sum of not less
fh°" the full• insurable valu
in a c-omt~any or companies acceptable fo t~e mortgagee, the policy or policies to be held by, and payable
!o, said morlgagPP. an?l in IhP .•uent any sum of money becomes payable by virtue of such Insurance the
morlgagPP shall have the right to receive artd apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any sttrpltrs: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee.because of the faih?rr of the mortgagor fo promptly
and folly co?nply u~ilh fhP aftrPPInP11tS, SIIpUIaflO/IS, cORdi1/0RS and coVPnanls Of said note and this mortgage,
or either: to perform, comply tutfl? and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said Hole and this mortgage or either. In the euenf the mortgagor (ails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or Pilber, the morlgagPP may pay IhP same, without waiving or affecfir:g the option to foreclose
or any other right herPtrnder, and all such payments shall bear interest from date thereof at the highest law-
f ul rote Ihen allowed 1>y the laws of the $fate of Florida. !
3
f
~l any sum of money herein referred to be not promptly paid within f if teen (lSc~ays next after
fhP same bPCOmPS due, or if each and every the agreements, stipt?laffons. conditions and covenants o! said i
note and this mortgage, or either, are not fully performed. complied with and abided 6y, then the entire
sum mentioned in said ?wtP, and Ihis mortgage, or the entire balance unpaid thereon, shall forthwith or
thereof ter, of the option of the mortgagee, bernme and be due and payable, anything in said note or herein
to IhP contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein 3
providPCl shall not cunslilulP a Wainer of any rights or options under said note or Ibis mortgage accrued or
thereafter accruing.
n ~itntSS ~hereofy the said mortgagor bas hereunto signed and sealed these presewis the
day,: an year f
irsf above torilfen.
~ F
Sign d, sealed a d d l vered in IhP presence of
rolci E. Newman
Freda H. Newman
_ ~ _
STATF, OF FLORIDA, _ - - " " '
COUNTY OF DARE
I HEREBY CERTIFY that on this day, before rne, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
3 Jerrold E. Newman and Freda H. PJewman, his wife s
to me known to be the person S described in and who executed the foregoing instrument and they acknowledged
before me that they executed the same. j
€ WITNESS my hand and official seal in the County and Sute last aforesaid thu 17th day of
November, A. D. 19 8U.
~-,~/u
Vin- r~ •tt ; t. l ~ --°i~--~`~....- -
t ` J
1 - Sate of 1 rid Lar ~ ,
~ t F o a at ge
isy commission expires : }
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u Vii' V ! . 1 ,
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Thu h~s/runrctN prrpnnrr/ by: GUy R, Brunt. Esq.
Addirrs Sete 208, Citizens Federal Bld .
p4 t0 S. Federal Hwy, s 85DT,343 PacEilO~
o St Luc er Fla. $3452
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