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HomeMy WebLinkAbout1664~~ PAGE ~Q~ and s{roll pe-(orm, comp{y with and abTl'e~ayC~cli~ittltlfi¢b~i-~~HtP agreements, stipulations, conditions and COl~eil(In tS t{i ereJf, A1111 Of thlJ utoliftaQP., tf1Pn~ this mortgage aR(I the P5t7tP hereby create, shall Cdale, dR- termine and hp rl[1{I nll({ t'OIr{. , Y1~~ the rortgagor hereby further covenants and agrees to pay promptly when due the principal ann interest and other sums of money provided for in said note and this mortgage, or eilhert to pay all noel singular the taxes. assessments, levies. linhilities, obligations, and encumbronces of every nature on said pro- perly; to permit, commit or suffer no,u,nste, impairment or deterioration of said land or the improvements thereon at anv limp; to ~eep the buildings note or her: of ter err said land f telly insured in n sum of not ess t{ran in a company or companies aci•eptnble to the mortgagee, the policy or policies fo be held 6y, and payable to, said mortga<ee. noel in the event any sum of money becornes payabla by virtue of such insurance the mortgaReP shall have the right to receive noel apply the same to the indebtedness h:>rehy secured, accounting to the mortga{tur for any surplus: to pay all costs, charges, and expenses, inclt.ding lauryer's fees a~~d Utle searches, rensonnbly incurred or pnid by the mortgagee because of the failure of the mortgagor to promptly noel fully comply with the ngreements, stipulations, conditions and cotenants of said note and this mortgage. or either; to pe-Jorm, comply with and abide by each and every the ngreements, stipulations, conditions and revenants set forth in sold note noel this mortgage or either, In the euent the mortgagor fails to pay when due any lax, assessment, insurance premium or outer sum of money payable by virhte of said note and this mortgage, or either, t{re mortgagee may pay the same, without tuaiving or alfecling the option to foreclose or nnv other right hereunder, noel all such payments shall bear interest from date thereof et the highest law- IuI rate then allowed by the Incas of the State of Florida. ~~ f f d he not rom !l aid within Y days next after any sumo money herein re erre to p P Y P thirt the same beCOmeS due. or if each noel every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, ara not fully performed, complied with and abided by, then the entire sum mentioned in said Hole, and this mortgage, or the entire balance unpaid thereon, shall forthwith or therm f ter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to t-tP contrary notu,ithstanc{ing. {'allure by the mortgagee to exercise any of the rights or options herein pro;,idPd shall not COnStItUtP a u+aiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~lttt¢$S thereof, the said mortgagor has hereunto signed and sealed these presents the day nor{ yvnr first n{>ove written. Signed, enled and d leered in the presence of .. ~wl~t~..--• ---~---..... . ~'~ .... ----~® STATE OF FLORID 1, COUNTY OF $t. Lucie I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the C^unty aforesaid to take acknowledgments, personally appeared Aaron and Creola Young acknowledged to me known to be the person g described in and who executed the foregoing instrument and they before me that,rg~r executed the same. WITNESS my hand and official seal in the County and State last aforesaid this 5th day of Dec . '. ' ti •' J : ~~ ~ iir • f i a i; . ~ ) _ , : •~i :. , : A D. 19 b2 . :i?I-a~2~ ~L~p AhRi RECDRQED IF'. "'~~nOK 1462 DEC -S GM ! ! : i 9 ROGER PQITRAS, CLERK d ST. ! UG1E COUNTY, FLORIDA i i t`'IY~ComUm ~o~fafe~l,e~{ ~ ~ ~ r' E3ondt>d by, Americar~~ "'~"' ~i~ ~ ~' ;;'• _ I r~r~"~ u:ru;3~r~,. _.._ - _. t