HomeMy WebLinkAbout0544~.R. ~~ PACE~44
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geld s{call perform, comply with nrtd-et~4rls bY~T'artd every the agreements, atipt-lations, conditions and
covenants t{tereoJ, and of this mortgage, then fhia mortgage and fire estate hereby created, shall cease, de-
tennine and be null and void.
- end the mortgagor hereby Jurlher covenants and agrees to pay promptly when due the principal and
interest and other sums a) money provided Jor in avid note and this mortgage, or either, (a pay all and
singular the taxes. assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; to permit, commit or suf fcr no waste, impairment or deterioration of said land or the improvements
thereon at any time; to lterp ftie buildings Hour or herenJter on acid land fully insured to a sum of not less
than the amount rem.sining from tine to timo unpaid ,
in a company or compf>;ties acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgayee shall have the right !o receive and apply !{se same to-the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lauryer~s fees and title
searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and Jtrlly comply with the agreements, atipu~ationa, conditions and covenants of said note and this mortgage.
or sither; to perform, comply with n-td abide by each and every the agreements, stipulations, conditions and
c•ot=enants yet Jrrth to said note and this mortgage or either. In the event the mortgagor Jails to nay when
due any tax, assessment, insurance premium or ot~ier sum of money payable by virtue of said note and fhia
mortgage, or either, the mortgagee easy pay the name. without waiving or of f ecting the option to foreclose
or any other righE hereunder, and all such payments shall bear interest from dote thereof at the hi®hest laur-
f ul rate then allotz3ed by the laws a~ the State of Florida.
Dt any sts>zt of money herein re(er-ed to be not promptly paid within 3~ doya next after
the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage. or either, are riot fully perforreted, complied with and abided 6y, then the entire
sum mentioned in snit! note, and this mortgage, or the entire balance unpaid thereon, shall jorlhwitF. ur
thereafter, nt the option of the mortgagee, become and be due hn.: payable, anything in said note or herein
to the contrarytitotwithstanding. Failure by the mortgagee to exerrtse any of the rights or options herein
provided shall not constitute n waiver of any -ighls or options under said note or this mortgage accrued or
thereafter accruing.
~n ~iitness thereof,
day and year first above written.
the said mortgagor has hereunto signed and sealed these presents the
Signed sealed and delinere ~ prese ~ce/ f : ~
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~I STATE OF FLORIDA,
COt1\TY OF ST . LUC IE
,I I }{EREBY CERTIFY that on this day, before me, an
~~ officer duly authorized in the Stair aforesaid and in the County aforesaid to tal:r acknowledgments, prnonally appeared
'I RUSSELL H. NE"R'ON an~3 ^,~.RQLINE E. NE@ITON, his wife,
~! to me known to be the person 8 described in and who executed the (otrgoing instrumen! and who acknowledged
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~) before me that the,Y executed the same.
~i N'IT,ti'ESS my hand and official seal in the County and State last aforesaid this (jth day of
II Fovember A• D. l9 62.
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~~ •""'"r=,, - Notg*y Pubnc, State of FlorMa at Largi
.~ - 1 ~ (,~ ~~~'~,,• ~~ ,-~~ My Commission Expires Dec. 4, 1465
' I.. ..••~.,, ~j ~}~.~ ~ondt~d by Amitit;~rr Surety %o. of iii. T,
_ ~~~. ~~,'~~ T~;,,y, '~,~_ - ~~ D A~i~ RE OED ,~j -J=~- . ~_; t ~-~- -
~~~~~~- ~~. ~',!`''~~~` ROGE , ITRAS, CIERis -= • f-.-r, ~;`~ .
ST. LUCIE COUtiTY, L RiDA •••' " ~ ~J
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