HomeMy WebLinkAbout0692and shsU perform. eomply with snd abed T~rEUC and k~~[Ite' ogrwtttents. sNpulatioru, eortdittorts and
covenants thaeo/, a-td of this tltortgage, that this t~tortgage and the estate hereby created. shall cease. de-
terminenan~d be null ar~ void.
TU~R fire mortgagor ha+eby further covenant, and ngrses to pay ptwmptly when dw t-te principal and
interest and othe- sums of money provided (or in said note and this mortgage. or either; to pay nil and
~f»gular the farwa_ f~~~~!!!naw1. 1 L:I,.a__ 1:_ • J L.,.. ~ .nnry nnlrw nn ~nia
~, .CL•i6i, l:uv....aei, azliuy.Tsiv^ii, tau ~:w.GC~...~ ~S ?, -•~ ~-
perty; to permit, commit or suffer no waste, impairment or deterio-+ation e( said land or the improvements
thereon at nny tune to peep the buildings now or hereafter on acid land fully irurued in n sum of not less
than the unpaid principal balance of this mortgage
in a company or eompanfea acceptable to the mortgagee, the policy or policies to be held 6y, and payable
~ to. =aid .:.o:t '•" tl._ l t____~ Ll~ b , ~ ^t ........c Ira
n~a~~. a.:d tP. .. iro..t any iiL7 v, ir'ivTid~ ..Q..v,,.a: tiupGv ~ vs.t:a v, soh i.w t
II mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
II to the mortgagor (or any surplus; to pay all cost:, charges, and expe-ues, including lawyer's lees and title
I senrcltes. reasonably incurred or paid by the mortgagee becawe of the failure of the mortgagor fo promptly
I~ nnrl (ally comply u,ifh fhP agroptre:•f., stit±rtl%tfin.~.; lK..±e~:!jge ens s,ntenants O( a9id note and this mortgage.
or either: to perform, comply with and abide 6y each and every the agreements, stipulations, cortditioru and
covenants set forth in said note nrtd this mortgage 'ior either. In the event the mortgagor fails to pay when
due any tax, assesswtent, insurance premium or other sttm of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the name, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall beer interest (nom date thereof at the highest law-
(uI rate then albwed by the laws of the State of Florida.
I ~l any sum o/ money herein referred to be not promptly paid within fifteen days next after
the same becomes due, or i( each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or richer, are not fully perfoormed, complied with and arbided 6y, then the entire
1 _,... .»~n/i~+nn.~ in ~ni~ nnra nn`i rl~i~ rr0-Mnen nr fhb onfiro ~fealanM' ~aR•Dalfi fhereaR_ shall fOrthWith O-
(I tfif~,T2Gr tEr. u ir{i J,r,.vii v) c •.sw :aisyoc. vai:V.ise pia a,ei uue ww j.+sj.. r+y ..:y :i :.. T.., o IIr li°N'ir! ~
,I to the contrary notwithstanding. Failrue by the mortgagee to ezenctss any of the rights or options herein i
pruuided shah not consiiiuie a waiver of any rtglits ar upiiorts under saiu nvie v: tiii .-...+r;gaye a~:csusu cr
thereafter accruing.
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)n ~~lll~ ~~0 r the said mortgagor {tas her+etutto signed and sealed these presents the
day and year first above written.
.
Signed, sealed and J~l:.•e.-~d :.-.:!:e presence o(:
~ ~ ~~
ui~s E. eet~
STATE OF FLORIDA,
COUNTY OF ST . LUC IE
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County atoreuid to take acknowledgments, personally appeared
LOUIS E. TEETS and ELSIE C. TEETS, his wife,
to me known to be the perwn8 dexritxd in and who executed the foregoing instrument and they acknowledged
i _r.. ~. fr3i~v ..._.~ a.. ±.!
WITNESS my hand and official teal in the t.;ounty and Jtate last atoreuiA snit -{-_~.~.~n-i'r- day of i
January A. D. 1961.
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~ o£ar Pu icy, `~~ate t,~~: ~P~'O;~d~.•.
~ F`i.FC ""!`J REEC(' DED at Large . ; ~. v ~,•.
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~ My Commission Expir~t>~s: '•
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;, , ~ • .. - F,.~,clt FLU A ~':.
• • ~ ~ ~. LUCIE COUNTY. ~~~ - " ""'
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