HomeMy WebLinkAbout1730and shall perform. tx-ntply with and abide by each and every fire agtwments, stipulations, conditions and
covenants thereof, and of this mortgage, titers flab mortgage and fire e,tnte hereby created, shall cease, de-
termine and 6e null and void.
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lire mortgagor hereby further covenants and agrees to pay promptly when dw tke prtrtcipal and
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interest and outer sums of money provided (or in said note and tkb mortgage, or either; to pay all a
singular the taxes, tuseument, levies, liabilities, obligations, n-td encumbrances of every nature on said pro-
perty: to F+ennit, commit or suffer no waste, impairment w dttertorotton of said land or the improvements
thereon at any time; to deep the buildings now or hersnf ter on said land fully insured in a sum of not less
tkan Twelve thousand five hundred dollars
in n company or companies acceptable to rite mortgagee, lire policy or policies to be (held by, and payable
i0, lulu nau•i ee, Gies u`i the e've.-•: .i:. '...:. _.t °:... ~'yr-.-.:::~~ ss2ax:~jn ~r r.~llStr II7 SIiCIZ irLfuranCL' i~e
mortgagee shall have the right to receive and apply fire same to fire indebtedness hereby secured, accounting
to the mortgagor Jor any surplus: to pay all costs, charges, and expenses, including lawyers fees and title
saamhes, reasonably incurred or paid by the mortgagee because of the (allure of the mortgagor to promptly
and (ally comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: to perform, comply with and abide 6y each and every the agreements, stipulations, rnnditions and
covenants set forth in said note and this mortgage or either. in the event the mortgagor f aiL to pay when
due any tax, assessment, iruttrartce premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or of f acting the option to foreclose
or any other right hereunder, acrd all such payment shall bear interest from date thereof at the highest law-
f ul mte then allowed 6y the laws of the state o f Florida.
~l any sum of money herein referred to be not promptly paid within 'f Q days next alter
the same becomes due, or if each and every the-agreement, stipulations, rnnditions and covenants of said
note and tht mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and tht mortgage, or the entire balance unpaid thereon, :hall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the eontr+ary notwithstanding. Failure 6y the mortgagee to exercise any of the right or opttoru herein
provided shall not eorutitute a waiver of any right or'optioru under said note or fhb mortgage accrued or
thereafter accrui.tg.
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~n ~~Nt~.7.7 ~~L the mortgagor has catued these presents to
oe execuied in it name, anal file corporate seal to de heretanio of fixed, by its
proper o((ieers thereunto duly authorized, the day and year (first nboue written.
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Sig ,sealed and livered inn the presence of
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fI-~~ ~ St Lucie ; `~ ~• - ..:r.~._ ; '
I Ht~EBY CER77FY tiwt an rids dad, beJanr me, an o/fioer ddr ewi~o.ts.d a the Stotr and CouwtY oJo.«ptd t4, f,
merdi, w`~°"°u'.p°`°~.d Kell Hall ~~ ~~`' T '
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odl b,o.~- b wr b ~ tlr Prtaldw~t ~][ n~p+dioelr oJ' tlw oorpordlon named as
wa.tMpr en r/w longoine 6uf-umenl. a.~d tiwt el~q ..oe.oll~ artsw~l.do.J exea.tino tlr aawr, in fir p.,.rw a/ iwo wbsai6in4 dtn...n.
Jnnt~ .ed aoi~ribrd~ andrr awthorrtr ddr wai.d N ti.... ~ .aid corporation and tint tlr t^ai a/Jt~ed 11~eMo 4 ilr au. oorpar,le ..al of
..d oorp«arwr_ ,....
Wf'TNESS s [,.rd .d .JJia:t~:.1"b d<. C«~s ..1 Sbt. L.r •/••••+1 tti. Sth j•r d February .
o. to 61..::, '~ •~ ~;~ ~.~. 92l$9
.-.-~.;.~;:..._~~•;"'~•.r~~ D AND RECO OED
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_.C~'• ! ~• -' M Commission f:x yes NNY 17. 1
" ~ ~: ~ t- ~ •_ ' : ~' ~ ~ 146f f EB -8 AM 10:4 2 a; ,a,d py ~n.,erican Surety Co. of n.
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