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HomeMy WebLinkAbout1640e. r. ~~ 90: K +J_. PACE and s{roll perform, comply with nrrd abide b~!°`l'~t"~ .~E1~ )ta~~fyeements, stipulations, conditions a-td rovennnts thereof. and of this mortgage, then h`is 'tirt`olttg`h~fA"hh~ t' testate hereby created, shall cease, de- tPrnllflP and be rurll and void. end Iha mo~•tgagor hen•by ft!rther covenants and agrees to pay promptly when due the principal and interest and atlrPr sums o) money provided for !n said note acid This mortgage, or either; to pay all and singular the foxes, assessments, levies, liabilities, obligations. and encumbrances of every nature or- said pro- perty; to permit. commit or suffer no tuastP, impairment or deterioration o/ said land or fire improvements thereon at nr+y IimP; io l~Pep the buildings Hour or n.reafter on said land fully insured in a sum of not Less t{ran FIVE THOUSAND AND .NU~L00 ($5 ~Q00.00) DOLLARS in a company or companies acceptable to the mortgagee, the poltcy or policies to 6e held by, and payable to, said mortgagee, and in the even) any sum of moray becomes payoble by virtue of such insurance the mortgagPP shall have the right to receive and apply the tame to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all costs, chnrges, and expEnaes, including lawyer's leer and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply wish the agreements, stipulations, conditions and covenants of said note and this mortgage, or either: 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 when due arty tax, assessment, insurance premium or other sum of money payable by virtue of said Hole and this mortgage, or rit{ter, the mortgagee may pay the same, without waiving ur affecting the option to foreclose or any other ri+7ht hereunder, and all such payments shall bear interest from date thereof at the highest law- ful rate then allowed by the tours of the State of Florida. ~f any sum of money herein referred to be not promptly po:d within • thirty days next after t{te same 6eromes due, or if each and every the agreements, stipulations. conditions and covenant of said note and this mortgage, or either, are n ;i fully performed, complied with and abided by, then the entire sum mentioned in said note. and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgngee, become and be doe and payable, anything to said note or herein to the contrary nohvithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options: under. said Hole or this mortgage accrued or thereaftP~ accruing. ~n ~~~nr~ss ~~teC2of, t{tP said mortgagor has hereunto signed and sealed these presents the day «nd yvnr first above written. S~y+iPd, sealed and delivered in the presence of `i I A' ~~'' oo ~y .. r ... STATE OF FLORIDA, COL'\TY OF ST. LU(:IE • I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Stag aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared SARAH T. SKINNER, unremarried widow of HOWARD E_ SKINNER to me ;crown to be the person described in and who executed the foregoing instrument and St`.e acknowledged bcforr me that she executed the same. WITNESS my hand and official seal in the County and State last aforesaid this p'Z 9 ~- day of ~~~~ V'~t/ A. D. 19 6 2 ..,,,,,r,,, . r' t. ` =r L' ~ '4, . ; `,~ •., .. ~. li i .I~ .. __ l~.t~9~~ l~tr~,.......~.._......`........ FILED AN!l R~CDRDED ~- ,~_ BQOK ltoirrr f'I~`.'~~ ":.ta.;2ni flicid,~rd!!.?~i`~ .. ,:-. l.iy 1.^ftlil'~I;~!Gl Fy(!t(l'y ~allC' ~:•, ~~JJ 1961 DE% -4 PM 4:27 ROGER POITRAS, CiEftK ST. Lt;CiE COUNT, FLDRID~~ ~{ _ Y~ '~.