HomeMy WebLinkAbout2039- . - • .. -.---+~--- -- - VV .~ r ..
ST. LUCIE CQUMTY~ FIA.
1. To pay oil and tinjulor the prinoipd and interest and other au.ma of money
payable by virtue of acid promissory Hots and t7da deed, or e~it)rer, promptly on
the days reapeotively the some severally oo~ne dus.
t. To pay all and sin juicer the taxes, oaaeaamenta, levies, liabilities, obligations
and encumbrances of every nature on said deaoribed property eaoh and every, and
if the same be not prorr~.ptly paid the said Mort jajee s , their survivor, heirs,
legal repreaentativea or assigns may at any time pay the same udthout woivinj or
afl'ecting the option to foreclose or any right hereunder, and every payment ao made
shall bear interest from the date thereof at the rate of six (6 der cent. per annum.
t To rn„ aZ? and 3:7*_gIClar the t+pgtd, c1!~rge-a and e~nBn.~P-it, inclu.~ting lcsunler's
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fees, reasonably incurred or paid at any time by saki .ih'ortgagee s, t;. e i r ~ u r ~ v v ~ ,
heirs, legal representatives or assigns, because of the failure on the part of the said
.Mortgagor s, ~ t• e i r s ~~ r v i v o r, heirs, legal representatives or assigns, to perform,
comply with and abide by each and every the atipulatzona, agreements, conditions
and covenants of said promissory note and thi8 deed, or either, and every such
payment shall bear interest from date at the rate of six (b) per cent. per annum.
~i. To keep the building now or hereafter on said land insured in a Bum not
less than Dollars, in a company or companies to
be approved by said .Mortgagees ,and the potiey or policies held by and payable
to Said .Mortgagees , t !i e i r s u r v i v o r, heirs, legal representatives or assigns, and in
the event any sum of money becomes payable under such policy or policies, the
.Mortgagees , their s ~~ r v i v o r , heirs, legal representatives or assigns, shall have the
option to receive and apFly the same on account of the indebtedness hereby secured
or to permit tlae Mortgagor to receive and use it, or any part thereof, for other
purposes, without thereby waiving or impairing any equity lien .or right under or
by z~irtzce of this mortgage, and may place and pay for such insurance or any
part thereof without waiving or a~'ecting the option to foreclose or any right here-
under, and each and every such payment shall bear interest from date at the rate
of ~ i ~ (~~) per cent. per annum.
6. To permit, commit or su~"er no waste, impairment or deterioration of said
property or any part thereof.
6. To perform, comply with and abide by each and every the stipulations,
agreements, conditions and covenants in Said promissory note and in taus deed
set forth.
7. If any of said sum8 of money herein refersed to bs not promptly and fully
~,.:,; ,,.;fx;,, 30 r~ni.~¢ n.vxt. after the same severallu become due and pay-
able, or if each and every the stipulations, agreements, conditions and covenants of
said promissory note and this deed or either, are not duly performed, complied
with and abided by, the said aggregate sum mentioned in said promissory note
shall become due and payable forthwith or thereafter at the option of the .Mortgagee s
:~P i r survivor heirs, legal representatives or as8ign8, as fully and completely
as if ttr.e said aggregate sum of
dollars was originally stipulated to be paid on such day, anything in said promissory
note or herein to the contrary notwithstanding.
In Witness Whereof, the said Mortgagors , have hereunto Bet
:, ~ i Y hand sand seals the day and year jlr8t above written.
Signed, Sealed and Delivered in Presence of;
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