HomeMy WebLinkAbout1591eoR~ 51 ~~(C~~~7
and shall perform, comply with noel abide ~y p~i-~r~'1~-i'-'t~te~.d~reements, stlpulatioru, conditions and
coveru,nts !hereof, and o, this mortgage, then this mortgage and the estate hereby create{!, shall cease, de-
tcrmino cod be null ;.nd void.
1`~~ the mortgagor hereby furlhar covenants anc~ agrees to pay promptly when due the prirciral and
interest and other sums of money provided for to said note artd this mortgage, o: either; to pay all and
singular the foxes, assessmen/s, 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 improvements
thereon at any time; to peep the buildings now or hereafter an sold Land fully insured in a sum of not less
than the amount remaining. from time to time .unpaid
in n comprtrsy or. companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee, and in the event any sum of money heron:ea payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the morlga~or for any surph4s; to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of t{tie failure of the mortgagor fo promptly
and (telly comply wit{i the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either, to perform, comply with and abide by each and every t{te agreements, stipulations, conditions noel
covenants set forth in said note and this mortgage or either. In the ;went the mortgagor fails to pay when
due nny ta.r, assessment, insurance premium or other sum of money payable by virtue of said note noel this
mortgage, or either, the morfryagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereuruler, and all such payments shall bear interest from date thereof of the hig{vest lato-
(ul rate then allowed by the laws of the State of Florida.
~i nny sum of money herein referred to 6e not promptly paid within 3~ days next otter
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, cr the entire balance unpaid thereon, shah forthwith or
Iltereafier, at the option of the mortgagee, become and be due noel payable, anything in said note or {rerein
fo the contrary not[vifhstanding. Failure by the mortgagee- to exercise any of the rights or options herein
provided shall not constihrte a waiver of any rights or options under said note or this mortgage accrued or
thcrea f ter accruing.
Dn ~~tt>EEZS ~h~Ce~~, the said mortgagor has hereunto signed and sealed these presents the
day and year first shore u~rillen.
Siffnccl, se led and delivered in ~ e once ~ f
Harry Adams
;e..
~ e... a
STATE OF' FLOR.ID:~,
I fiF.RF.BI' CF.R"FIFY that or. this else, bc(orr me, an
officer duh~ authorirrd in tt.r Stair aforesaid and in the Count)• aforesaid to take acknowledgnn•nts, prrsonalh• appeared
HARRY E. ADAL7S and GERTRUDE F.UTH ADAMS, his wife,
to nlr km.wn to hr the person .9 described in and who executed the furrkoinq instrument and p~hQ acknowledged
irrforr nu that they rxrn,ted the same.
~\'l"h~iF,SS my hand and official seal in th.• ::ountp and State last aforesaid this ~ St dap of
December: F)- i9 62.
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E11~~AN~ ~ECORDED
~~. ,__ leis a 800K
1952 DEC -4 PM 2: i 2
MYaCommisgion F'xp~es ~Oecde~ t 965
Bonded by American Suroty CO. Of M. Y.
ROGER PGITRAS, CLERK,
ST. LUCIE COUNT'(, fLORIQa
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