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HomeMy WebLinkAbout2425I( ~~ PAGE ST..`~CIE ~Q~Ik Yt ~~~tery the agreements. alipulaliona, conditions and and shall perform, comply with and a t- by_ colrenanis thereof, and of this mortgage, then [Iris mortgage and the estate hereby created, shall cease, de- lermine and be null nttd void. the mortgagor ben+by Jwiher cotrenanls and agrees to pay promptly when due the principal and interest and other sums of money protided for in said Hole and this mortgage, or either; to pay sirtgttlar the lases, assessments, IPIrIPS, liabilities, obligations. and encttmbrancea of etrery nature on said pro- perly; to permit, commit or sttf ter no urastP, impairment or tlele-iorolion of said lnnd or the improvements ~ thereon at any lime: to keep the huildings now or hereafter on s id land f uUy i-au-ed in a sum of not less than Thrae Thousand Eight Hundred and no,100's- - ^ollars in a company or companies acceptable !o the nlorlgagPe, the policy or policies !o Ire held by, a-td payable I to. said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right fo Irceive and apply the same to the indebtedness hereby secured, accounting to the mortgagor Jor any surplus: to pay all costs. charges, and expenses, including lawyer's fees and title ~I sParr'hes. reasonably incurred or paid by the mortgagee bernlue of the Jailttrr of the mortgagor fo promptly ~ and ([Illy comply urilh the agreements, stipulations, conditions and covenants of said note and this moNgage. ~'. ~' or either; to perform, comply urith and abide by each and every the agreements. stipulations. conditions an cotenants set forth in said note and this mortgage or either. In the event the mortgagor Jails to pay urhen b[e 6y virtue of said note and this due any lax, assessme-tt, insuronrn premium or other sum of money pays mortgage. or either, IhP mortgagee may pay the same. without waiving or affecting the option to foreclose or an other right hereunder, and aII such payments shall bear interest from date 1helrof al the highest law- Y f 111 rA1P then allowed bV 1hP ~ItS Of lhP $tatp OJ Florida. ` da a next 'after ~l arty stem of money herein referred to be not promptly paid within 10 y the same becomes due. or if each and every the agreements, stipulations, conditions and rnlrenants of said note and this mortgage, or either, are not fully perfol7ned, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire 6nlnnce unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to il`ie contrary nofurithsianding. failure by the mortgagee to exerriae any of the tights or options herein provided shall not co-ISlilute a urainer of arty rights or options under said note or this mortgage acrrtled or thereafter accruing. ~n ~itntSS whereof, 1hP said mortgagor has ltereunlo signed and sealed these presents the day and year first above u_ritten. presences STATE OF FLORIDA. -Ma ~-- ' etty J COUNTY OF $2'. LUCIE 1 I HEREBY CERTIFY that on this day before me. as o(ticer duly authorised in the Sutr aforesaid and in the County aforesaid to ukr ackaowledaments• personally appeared HARRY A. MACY and BETTY J. r1ACY, his wife, to me known to br the penon9 descrl'bed in and who executed the totraoinlt instrument and they acknowledged before me that the executed the same. 24th day of WITNESS my hand and diicial seal in the County and Sute last a[oresaid this JanuHr~• A. D. 19 62. ~0 AHO REt~RDED iii Recae~ 900K 1961 JAW 2~ PM 4: 15 ROGER POITRAS, Cf.ERK .T. LUCIE COUNTY. FlOR10~~ Notary Public, State of lorida at Lar Niy Commission Expires: ~,.-~ f~,3' ~:.. ''i. j~~' p~.;'•~ a. •. . .~~'.l 's ~ :.. V '• •-' ,::`~s~az~.. ~. • .~ ~ •y ~ ...,, 3 " •-~. ~ V : •,S'-, ~~ .. .;.: ~, :;_-. ,~,