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and strati perform, comply with and abide by each and PI•Pry the agreements, sflpulalioris, rnndttio?is and '
rnvenants IhereoJ, and of this mortgage, then this mortgage and the estate hereby created, shall erase, de-
te?mine and 6e null and tti)id.
T1n~ Ihr mortgagor hereby Jurfhrr covenants anti agrees to pay promptly when due the principal and
1?11P/(•sl and other sums of money provided Jor i?t said Hole and this mortgage, or either; to pay all and
singular the fares, assessments, IPVIPS, liabilities, obligations, and encumbrances of every nature on said pro-
perty: fo permit. commit or suffer no trasfe, impairment or deterioration of said land or the improvements
fherecn al auy lime: to tree) the buildings now or hereafter on said land fully insured in a sum of not less
than full insurab~.e value
in u company or companies acrnpfable to Ihr mortgagee, Ihr policy or policies to l?e held by, and payable
to, snid mortgagee. and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor Jor any surplus; to pay all costs, charges, and expenses, i?tcluding lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and fully comply with flex agreements, stipulations, conditions and covenants of said Hole and this mortgage,
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said Holt and Ibis mortgage or either. In the even! the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said Holt and this
mortgage, or either, the morfgactre may pay Ilte same, without waiving or affecting the option to foreclose
or any other right hernunder, and all stu•h payments shall bear interest from date thereof at the highest lau,-
Jul role Ilten allowed by the laths of fhr State of Florida.
7L any sum of monrv herein rn(errrd to be not promptly paid within 30 days next of ter
du• same becomes due, or i f each and every Ilir agreements, stipulations, conditions and covenants of said
Hole and Ibis mortgage, or either, are not fully performed, complied with and abided by, Ihen the entree
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall Jorfhwiih or
thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or herein
Io the rontrory nolu•ithslnnrling• Failure by Ilte mortgagee fo exercise any of the riryhls or options herein
providr•cl shall not cunslilufr n waiver of any riryhts or of*liuns under said note or this mortgage accrued or
f thrrraf?er accruin?l. .
~n ~itneSS thereof IbP Sal(1 rnurtrt ar ur ll rli Itrrnunto 51( nrd alld Sra led IIIPSP
f ( ( presents the
dny and year Jirsl abate rvriNrn.
Signed, sealed caul rlrlicrmd in fbe prr•sr•nr-~• oJ:
~ lS~!Y~-A _ rye- ~ V ` '~~'G. -
i - George.~R.~-Devi- er - -
~ _
~ Lam.-- .
. - .
Linda Derxns3er__
k -
i
Sl'A"TE OF FLORID:S r
i CO["~"f t" OF Markin
t HEREBY CERTIFY that on this day, before me, .n
i nfticer duly authori~rd in the St:rtr• aforesaid and in the County aforesaid to take' acknowledgments, personally appeared
George R. Deringer & Linda L. Deringer, his wife
to m.• known to Fx- thr• person described in and who executed the fore¢oinq instrument and they x•knowkd;ed
Iw•Grrr• me that they cxn utcd the same.
lath
~CI"1 XESS me hand and o(fi~~ial seal in th~• Cor:nty and Stat•• last aforesaid this day of 1
November n l9 80
I
r.
5.•.......
~ ~ Notary Public -
F
My Commission Expires:
1 - -
I ~ ' . D ItiQT AfIY ft~l (C ST • Tt L>' rIOR l0A Al 1,rRCf
~Q/a'( MY C!~MM(SSIUN fXf tRfS SHT b ri1(il
~L1 !MtUvE•'~flAl Qd`i UNDflWl1TE~S
¢ c~ •
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j
1 %%ii~ /a~lnunr•nI prf%xilr-J hy: COMMONWEALTH LAND TITLE, ,
422 Colorado Ave. , Stuart F ~",t; - •
~ Ac%/re.(s (G-018-981ST) (iii ' la. 33494 - ~
~,~x3~3 p~~~i224 • •
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