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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. ~~ rtV;: .4\~• 11~, ~. ~. ~iaT~~r .~~: , ~~' ~ ti ~ e :II, ^a. '~: .• °~~:111111 t\\\ ~, i, it I ~~ J r? c~ f~ r7 ,;~~. ~ .- 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 ~~~~ ~ 1~,• .~.t~.j t, , ,,.,'< ;, ~. ., ~. . ... ,