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HomeMy WebLinkAbout1427. _ - ~. R. 5~. F~.cE ~~ B D', K and shall perform, cont;-Iy t~yir{! p~~~hi'~~~~~+~~-?c{ every the agreement stipulations, conditions and covenants t{~ereof, and of this mortgage, 1]len this mortgage and the estate hereby created, shall coals, d3- tPrmirte arld l>e Rllll and DOIr{. Iln~ Ihs mortgagor hervby further covenants 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 singulor the taxes, assessments, levies, Ilabilities, obligations, and encumbrances of every nature on said pro- perty; fo permit, commit or suffer no waste, impairment or deterioration of said fund or the improvements thereon at any lime: '-_.~-1+t~o-~Yw than •. in a company or companies acceptable to the mortgagee or po ides to be held by, and payable to, said mortgagee, and in f]te event money becomes payable by virtue of sack insurance the martgag.^e she rig t to receive and apply the same to the indebtedness hereby secured, accounting per-~erigefter•~.{er`erty-su.+•plw; to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenant of said trots and this mortgage. or either; to perform, comply urlth and abide by each and every the agreements, stipulationu, conditions and cotenants set forth in said Hots and this mortgage or either. ]n the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said nose and this mortgage, or either, the mortgagee may pay the same, tuithottt tuaiving or n/fecting the option to foreclose or any outer right hereunder, and all such payments shall bear interest from date thereof at the highest lnu~- f ul rate then allowed by the laws of the State of ]'lorida. 0 )` arty sum of money herein referred to be not promptly paid within 30 days next after the same become9 dUP, Ql If each and PVPry the agreements, stipulations, conditions and COVenant Of 9ald note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire stlm mentioned to said note, and this mortgage, or the entire balance unpaid !hereon, shall forthwith or thereat ter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by t]te mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said Hate or this mortgage accrued or therea(!er accruing. ~n ~i~ness ~he~~of, the said mortgagcr has hereunto signed and sealed these presents the r]ay anc] year first above u•ritfen. Sig led ,and ,ef elivered in the prrsence of : 1 ~- ._ -- - STATE OF FLORIDA, c~)u~:TY OF ST. LUCIE I HEREBY CERTIFY that on this day, before me, an offirer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared CARL V. RICE and RUTH B•RiCE, hie wife to me known to lx the prrsnn 3 described in and who executed the foregoing instrument and they ac':nowledged beferr me that they executed the same. i \1'ITtiF.SS my ha•~d and official seal in the County and Stair last aforesaid this t day of November :~. D. 1962, .. ~~' •~ J'`~, r J7p ~•~. • .<~~-.~. ~~_'~ l~l No~. -.-~-1,%.~±t!-.c State ufi~da at Lar e' i - '~ ~ FILED AI'~D RE 'iCDED M Cemmi>3~i;tn Fxnirer: = •:~ ~ ~~-~ - ~ IEr HOOK ~: _ .. •'-"'• ~~ ~ - ~ ~ ~ 1462 t~OY 30 AM I I: 22 ~f`c~\c ~~~•` I,,,.,,,.~~•:."....y , .. SR~I'JC E COUNTY. FIORISD ••` /`t -~-~ ..s -. - ~ ~ -,l ry, t ... •~~4 * St .