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HomeMy WebLinkAbout1147gaRl( ~~ PAi,L4~~ and s{lall perform, comply u5t~i. cfrl~~~L~T~Ii~°~~ every the agreements, stipulations, conditions and covenants thereof, and of this mortgage, then this mortgage anti the estate hereby created, shall cease, de- fefRtine and bP Rtlll and l+Oid. )iLl~~ the mortgagor heri>oy filrfher covennnb and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the fa~'es, nssessmenb, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty: fo permit, commit or suffer no waste, impairment or deterioration of said land or the i-nprovements !hereon at any lime: to Iteep the buildings nou+ or hereafter on snid Iand f telly insured in n sum of not IPSJ ihrn -----TitrEWTY FIVE IIU\t11TtET1 r°e 00100 ROLLaizS ----------------- in a company or companies nrceptnble to the mortgagee, the policy or policies to be held by, and payable !o, said morhagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have f-le right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for nny surphls; fo pay aII costs, charges, and expenses, including lawyers fees and Title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or eif-ler: to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay w{ter. due anv tax, assessment, insurance premium or outer sum of money paynb~e by virtue of said note and !Iris mortgage. or eil{ter, th,> mortgagee ntny pay the same, wifhotit waiving or of fecfirtg the optio-t to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- f«I rate then allowed by the Imlrs of the Mate of Florida. ~t any stun of monr>y herein rr>fPrrerl to 6e not promptly paid within thirty days nexl after f{te same become; due, or if enrh and every the agreements. stipulations, conditions and covenants of said note and this mortgage, or either, are no! ftdly performed, complied with and abided by, then t{te entire sum mentioned in said note, anti this mortgage, or the enlire balcnce unpaid thereon, shall forthwith or lhereaflc:, at the option of the mortgagee, become and he dice and payable. anything in said note or herein to the canlran• nolwilhsfanding. Failure by f{w mortgagee to exercise any of the rights or options herein pmviderl shall not constfhrte a u+aiver of nny rights or options under said note or this mortgage accnled or therea f ter arcnrinq. ~n ~tttleSS thereof, the snid morhtagor has hereunto sirnted and sealed these presents the r{ay oriel rear ffrsl above written. SignrrQ sealed and •rerl in flu• presence of : t / I ' ` ~ STAT£ OF FLOR(D:1, ~ , COL"~Tl' OF S'T. LUCII, t HEREBY CERTIFY that on this day, before mr, an officer duly authorized in the State aforesaid and in the County aforesaid to take' acknowledgments, personally appeared Ceor~e li. neyn~lris anti ~taizie Is. R©ynolris iris wif© to mr known to hr th~• p~•rson Srlescrilxd in and who earcutrd the forei;oinq instrument and ~;I)ayackn:rwlydKed before me thst thA y executed the carne. - 1\'IT`F.SS m~• han>l and official seal in the County and Stair last afurraaid this 24th day of ~~,;~.:,.,, r . -, ,~ ate'. ~; • ,~. r~. 19 62 FllEO.AN ECO~ED __ . ~-~--- _ ... ___ ._. _.._--- IN---~ ~ _.OOOK ~~ ~ ~ ~~ of For ~, ,t LarR9 ,,", ~; ~~~ ~ ~,, res '.'~y ll, 1966 evnue;: b,, r,Gic;."~~~ Surety co, of iJ. Y, Ig6~ N~'r ~6 AM I I : 06 ROGER POITRAS, CLERK • • ST. LIfCIE COJNTI' F~~R~A ~" .. ~ ~~~ - - ~~ r, - •• t - ._ ~ ~ - ~~~ - ~_-- ,` ,ter' ~,'~, rY