HomeMy WebLinkAbout1874~d't i ' ~ s{tall perform, cotnpiy with and abide 6y .ach and every the ogreemenfs, stipulations, conditions and
~ ~ i eovertants thereof. and of eht mortgage, then this nsortgags and the estate hereby created, shall cease. de-
>= termine and be null and void.
ac
M °u ~ the mortgagor hereby further eovertonts and agrees to pay promptly when dtu fhe principal and
W interest and other sums of money provided for in sold note and Ibis mortgage. or either: to pay all and
~-' sfngulnr the taxes, assessment, levies, liabilities, obligations, rend encumbrances of every naltu+e on said pro-
,,~ -~ petty; to permit, commit or suffer no wrote, impairment or deteriorotton of said land or f e tmprovemenls
om N thereon at any time; to Iteep the buildings now or hereafter on said land fully insured in a rum of not less
than ZYO THOUSAND ~ QQO 1Q0 DOLLARS
in a company- or companies aoeeptabb o tlhte mortgagee, the policy or policies to ba h€~ by, and peyeble
to, said mortgagee. and in the event any stun of money becomes payable 6y virtue of such insurance fhe
mortgagee shall have the right to receive and npplp fhe same to tlte,indebtedneas hereby secured. accounting
to fhe mortgagor for any surplus: to pay all cosh. charges, and expenses. including lawyeri fees rend title
searches, reasonably innen~ed or paid 6y the mortgagee becnwe of fhe failure of the mortgagor to promptly
rend fully comply with the agrvementa, stipulattona, condtttona and covenants of said note rend this mortgage.
or ~,ifher; to perform. comply with and abide by each rend every the agreement, stipulattoru, conditions and
.:ovnnants set forth in sold note and this mortgage or either. In the event the mortgagor (sib to pay when
due any :.:x, assessment, tnsumnce premium or other sum of money payable 6y virtue of said note and fhb
mortgage. or either, the mortgagee may pay. the same, without waiving or affecting the option to foreclose
or any other right hereunder. and alI such payment shall bear interest from date thereof at the highest law-
ful Hate ~ then albwed by the laws of the State o/ Florida.
~` any sum of money herein referred to be not promptly paid within thirty days next after
fhe same becomes due, or tf each and every the agreements, sttpulattons. conditions and covenant of said
note rend ehb mortgage. or eifhe-, are not (ally prof onned. complied with and abided by, then the entire
sum mentioned in sold note, and thb mortgage, or the eretiro tabula unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee. become and be dw and payabb, anything to said note or herein
to the contrary notwithatandfng. Failure by the n+o+tgaea to exercfae any of the right or options herein
provided shall not constitute a waiver of any right or optioru under acid note o. thb mortgage accrued or
fherea f ter accruing.
~n ~ttntSS ibhereof, the sold martgoga. has hereunto signed and sealed these present fhe
clay a:td pear firs! above written.
Signed. sealed' and delivered in the presenp of
STATE OF FLORIDA. }
COUIv"TY OF ST• LUCZB )) I HEREBY CERTIFY that on thu day, before me, an
officer duly authorittd in the State a[oreuid and in the County aforeuid to take acknowkdsrnenu, personally appeared
CLARSNCS L. tOYLSR vend DORA L. 1tOYLSR s his Mite
to me known to be the persons described in and who erccutcd the iorrgairsg ir3treiment and ~l3ep nckro~l=dgcd
before me that Cher executed the same.
,.-~.-...~rs;I!!jI'17dESS.my band and official seal is the County and Sute last aforesaid this ,2~ day of
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`~_," ,;;"~~;' ;:.°. FILED AND RECORDED . ~........._. s~~ o~°Fioriea-at~L"a"~"
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