HomeMy WebLinkAbout0679~~. R.• 49 PACE~~7
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and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants thereof, and of this mortgage, ttten this neortgage and the estate hereby created, s{tall cease, de-
termine and bP null and void.
}end t{te mortgagor hen~by further covenants and agrees to pay promptly when due the principal and
interest and other sums o) money provided for in said note and this mortgage, or either; to pay all and
singular the lases, assessments, levies, liabilities, obligatf~„s, and encumbrances of every nature on said pro-
perty; to penni!, commit or su(Jer no waste, impairment or deterioration of said land or the improvem^_nts
lhPreon at any tfm~; to {loop the buildings now or {terPa(k•r on said land (clly insured in n stun of nit less
than Five Thousand Seven HundreQ and Five and 10/`100- --Dollar8
in n company or companies acceptable to tfta mortgagee, the policy or policies to be held by, and payable
to, snirl mortgagee, and i-, the event any sum of money becomes payable by virtue of such insurance the
mortgayeP shall have the right to receive and apply the same to the indebtedness hereby securer, accounting
to the mortgagor for arty surplus; to pay all costs, charges, and expenses, including lawyer's Jees and title
searches, rPasonnlily incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and (ally comply with the agreements, stipulations, conditions and covenants of said Mote and this mortgage.
o: either; to perform, comply with and abide by each and every t{tP agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event fire mortgagor (ails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mcrtgnge, 'or Pit{ter, the mortgagee may pay the same, without waiving or affecting t{tP option to foreclose
or any other right hereunder, and all ,Rich payments shall bear interest from dote thereof at the highest law-
f ul rote then allowed l>y the laws of the State of Florida.
~l cuty sum of ntonPy herein referred to he not promptly paid ujithin thirty (lays next alter
the same hPaYlrtleS due, or if each and every the agreements, stipulations, condi+ions and cot-enants of said
note and this morlgnge, or Pilher, ore not (ally performed, complied with and abide:-l by, then the entire
sum me+ttioned in said note, ~:nd this mortgage, or the entire balance unpefd thereon, s{tall forthtuith or
t{terea(ter, at the option of the mortgagee, become and be flue and payable, anything in said note or herein
to the contrary nohvithstnnding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute n waiver of any rights or options under said note or fltis mortgage accrued or
t{tPrea f tvr nrcnting.
~j ~n ~itnes~ ~11~re0ir the said mortgagor has {1Prelrnta signed and sealed these presents the
~~ day ana your lint above n•rifiPn.
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~~ Signed. sealed and dP{ivPn•d in the prP.PnrP of
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' DBBt+ld L"18~ Ll,li't'y
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II ... 'Y.... y urry, Jr.
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'~':" ~,~R f,5"{'rtv'J'E: (~''~LORIDA, {
,~,. ~ Cf~~_ ~~~'~~F sty Ll1Ci8 ` I ffF.REBY CERTIFY that on this day, before me, an
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,rrrf~~+:~ offi~`cr~ duh• authorized in the Starr aforesaid and in the County aforesaid to takr acknowkdgmrnts, personally appeared
ivory Larry, Jr. anti Beanie Mae Larry, his rife
to me known to be thr person B described in and who executed the forrgoinq instrument and they acknowlydged
before me that they rxrcuted the same, p
S:•ITNE>S y hand and official seal in the County and State last aforesaid this Zgth day of
October ~~ D• 19 62.
i1.0~52
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~i~~ ~1 I RECO~iO~ .
ltd U.._._._ «__.!a__ ~eCOC B~Oi~
1961 NOV 14 tl?t! I I : 40
ROGER POITRAS, CIERI(
ST. ! UCIE COUNTY, fIORIDAC°, „~~
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