HomeMy WebLinkAbout1578Bu~~ Z7 PAGFl~
and ahnll perform, comply with and abid~bli T' U j~teF6~..ments, sfipr-lsttoru. condifiona and
covenant. threof, and of thi, mortgage. then this nwrtgage area the estate kenebr crated. skal[ ceas., de-
termine and be null and void.
the nwrtgogor hereby jtrrthr covertartb and agrees to par protnpely when due th. principal and
interest and other sums of money provided Joy to aid note and thin mortg.~;e, or either; to pay all and
singular the taxes, assessments. levies, liabilities. obligations, and encumbrances of etyery nature on said pro-
perty; to permit, commit or suf jer no waste, impairment or deterioration of said land or the intprowmenU
thereon at any time: to keep the buildings now a herrrtjter on said land juicy itutrred in a sum of not less
than the maximuminsurablevalye------------------------
in ncompany or companies acceptable to the mortgagee, the policy or policies to 6e held 6y. and payable
to. said mortgagee. and to the event any sum of money becomes parable 6y virtue of such insurance the
ntorfgngse shall have the right to receive arid opply the same to the indebtedness hereby secured, accounting
to the mortgagor (or any surplus: to pay nil cosh. charges. and expenses, including lawyer's fees and Utit
searches, reasonably incurred or paid by the mortgagee becnwe of the failure of the mortgagor to promptly
rend fully comply with the agreemenb. stipulntiorts. conditions and cooenanb of said note and thL mortgage.
or either; to perform, comply with and abide by each and awry the agreemenb. stipulations. condtftoru and
covenants set forth to said note and this mortgage or either. Irt the event the mortgagor /sib to pay when
due any tax, assessment. insurance premitun or other stun of money parable 6y virtw of said note and this
mortgage, or either, the mortgagee mar par the same, without waiving or ajfectirtg the option to foreclose
or any other right hereunder. and ail such paymenb shall bear tnterwt from dote thereof at the highest lau,-
Jul rote then allowed 6y the bws of the State of Florida -
7L any sum of money herein referred to be not promptly paid within ten (10) days next after
the same becomes due, or ij each and every the agreement, stipulations. conditions and covenants of said
note and this mortgage. or either, are not fully performed, compliid with and abided 6y, then the entire
sum mentioned in said note, and this mortgage. or the entire baia-tce unpaid thereon, shall jathwith or
thereafter. at the option of the mortgagee. becorrts and be due and Payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exer+ctae any of the .rights or options herein
provided shall not constitute a uraiver of any right or options under said note or this mortgagt ncti*ued or
thereafter accsuing.
~R ~~~ ~~`s the said mortgagor has heretutto signed and sealed these presents the
day and year fiat above written.
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STATE OF FLORIDA,
couNTY of 3A]NT LUCIE
I HERE>dY CERTIFY that oa this der. bdore me, an
officer duly authorized is the State aforesaid and in the County a[oresaid to take scknawkd~neab, petsooally appeared
I.EROY LAMB and ~[ARILYN LAMB, hies wife,
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to me known to be the persons dexnbed in and veto executed the forcsoins instrument and they acktwwkdsed
before me that they eucuted the same. Q ~ 4
WITNESS my baud and oi[icial seal is the County and Sate last aforesaid this 7 day ~
January
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A. D. 19 62.
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Notary Public, state of Flor ~ at Lard
My Commission Eupirea: ; - z ~/- L
1961.l1W
PM ' 39 r: ; _:.n..;.........
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ROGER POiTRAS
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. C1ERK
ST. LDCIE COUNTY
. FLORIDA .
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