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HomeMy WebLinkAbout1023~~~x 5U l~cf~57 and shall pcr)orm, rontply utlt{: neat cfbidQ~}~' _~Irh and every the agreements, stipulations, conditions and rat'Pnnnls therPO), and o) this mtir~gafle; t~eh t{iis hf4rifwge and the PstatP hereby create(!, shall cease, de- tPrnllne atld hP -lilll an(l t~Olrl. ~n~ the -rsortgarfor hrruhy )urfhrr r(,vPnanls and aflrees to pay promptly when due flee principal and intrmsl and other sums o) money proviclE'd for in said note and this mortgage, or eit{ter; fo pay all and singular the tares, assessrltrnts, levies, IiahililiPS, obligations, and enc-umhranres o) PVP1'V nature on said pro- perly; fo permit, commit or su))Pr no urasfP, impairment or drf(rioration o) said land or lhP improremrnfs thereon at any limp: to ltrrp Ihr buildirsgs nou' or hrrra)frr on said land )ally insured inn sent n) no! lE'Ss Ihan 'i'1PENTY FIVE I[UN~R~°1 8c P0~100 noI L.AR5 in a company or companies acceptcl lr f+r t re ntortgngee. I~ie po try or polities fo hr held by, and payable to, said mortgagor, and in the Prent any sum o) money becomes ¢ayable by virtue o) such insurance' t{tP mortgagee shall {:avr 1{re rifrlrt in receive and .apply the snore to the inrebfrdness hereby securnd, accounting fa the morfga~tor )or any surplus: to pay all costs, charges, and expenses, including lauryer~s )PPS and title searches, n'asonahly inrurrr>d or pair! 6y t{le mortgagee because o) the )ailure o) the mortgagor fn promptly and )ally comply u•ifh the agreements, slii:ulafions, conditions and cotenants o) said note and Ibis mortgage. ar eiflu'r; to per)orm, rornply faith and nbidP by each Heal P^PfV fhP ngrrPmenfs, sliptrlations, rorulitions and rorennnts set )orlh in said note and Ibis mortgage or either. {n the event the mortgagor )ails fo pay when due mtv lax, assrss~u'nt. insuranrP premium or other sum o) money payable by virtue o) said note nett! this mortgage, or either. fhr morlcfngee may pay the same, ttifhouf u'nie~ing or a))Prfing f{te option to )oreclose or onv ot)rrr right hereunder, and all such payments shall hear interest from date thereo) nl the hffthesl lnur- (ul tale then allowed by the tarns o) 1hr State o") {=loricla. 11 env sum u) monrt• herein rr(rnrd b hr riot promptly paid Evifltin thirty days next a)ter the same becomes duo, nr it each and rr•Pry flee agrPemrnts, stipulations, ronclitions and rovrnanls o) said Holt earl this martgirgr, or either, are Hat )ullp ptr)ornted, complied with and abided by, then fltr entire sum mentioned in said Holt, and this mart{fagr, or 1{rr Pnfire balance unpaid thereon, slrnll )art{uuith or t{IPrra)fer, of fhr option a) f{rP morlgagre, hPCOmE, and hr due and pnyablP, anything in said note or herein to ihr rontrarv nntu'ifhslanding. l=ailurr by the mortgagee to exercise any o) t{rP rfghls or options herein prot•ided shall not constitute n toaitrr o) any rig{its or options under snit! note or this mortgage arrrued or Ihema(ter accruing. ~n ~iltrtQSS Thereof, -ht. Snrd mortgagor has {IrrPtlnfO SIC+Re(l (I /lrl scale(! t{tPSe prPSPrItS fhP rinv and vent )irsf abate u•riflen. Signed. sr< d turd drlire vl in Ihr prt'sen ' • a): ~~ .~ . ~~ Sl'ATF. OF FLORID-\, a}r~•rv t~F ST. LUC7E ~ f FiF.RF.BI' CER"rIF\' that on this das•, before roe, an nffurr duls• authori.ed in the Starr aforesaid and in the Count}' aforesaid to take acknowlydgmrnts, personally appeared Carl F. 'Morse ~ Sr. earl Virf'inia }!arse his wife to nu known to br th.• p. rson S described in and who erecutrd the foreKorng instrument and th6y acknowledged hrfon• nu• chat the V executed the same. - a~ I~~ \S't"1~Xf.SS my hand and official seal in the Co_rnty and State last aforesaid this f- ~ ~ day of I tart #l'~'I~v~tbbgr :\. D tg b2 • !, t -, ; ,. ., ~ _ - ' .. ~ ~'A AND R R `ZcJ~.~'~~-~,,--- _ ~' 'O ~ • (~ NOlBry PU.,~~.~ c~ ern p' F'Cr d: : t ; c~o %• .~, --. G r., uo~ F,1y Conn: ~'. ,.r,,_ res S!sy 1/, ~u • t•, ~ U ~ . ~ IS61 NOY 21 ~ Qonded by ~.~,~. ; ~i~ s~-eir co, Ar n, ~. .,~ \ ~ , J ' ' t ' J, I fJ '.1 r~.,~~l J` -. iI