HomeMy WebLinkAbout1927and :hall perform, comply with and~tdr;~ ~~. the °R^1temenir. rtipulettoru, conditions anal
covenant thereo}. and of thi, motagege, then this rtwrtgaee and ttno estate hereby croated, shall cease. de-
termine and bs null and void. ,
1
. I h mart or hereby further covenants and agrees to pay promptly when due the principal and
. ~~
i e g~ all and
ded or to ,std note and thin mortgage, or .tther; to pay
interest and other suw~s o/ mohsy pr~i f
singular the taxes, usressments, levies, ltabilittea, obliyattena, a.•-d encumbrances of every nature on sold pro-
perty; !u permit. commit or suffer no wcute, impairTr-ent or deterioration of said land or the improvements
thereon at any time; to deep the 6uildingr now or hares/tar on said la-u: /ally insured in a sum of not leas
than .-
tn ncompany or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money beeomsa payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby recured, accounting
1 :,1.
to the s;tartgagor for any atsrpltu; to pay all coats, charges, and expenser, including lawyer's fees ...:u t.....
s6archea, reasonably incurred or paid 6y the mortgagee because of the fatlure•of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions dad covenants of sold note and this mortgage,
or either; to perform, comply with and abido by each and every the agreements, atipulatiorw, conditions and
covenant set /Drib in said note ar:d this mortgage or either. In the event the mortgagor fails to pay when
due arty tax, assessment, insurance premium or other rterrt of money payable 6y virtue of raid nose and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest /ram date thereof at the highest late-
(ttl rate then allowed 6y the laws of the State of Florida.
~l any sum o/ money herein ref erred to be not promptly paid within ~G days next of ier
the tame becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not }ally performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid therson, shall forthwith or
thereafter, at the option o}' the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or optioru herein
provided shall not conalttute a waiver of arty rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~~tness thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sealed and delivered in the prrsence of
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f-- -- --~,-- -.,.~..... ._ ------------------------- ------- -- ------ rt-ori ,1,.~...C.a T-h~oun
------~--- - -- ........................... harisene J. C'~lhoun
o~ ........................... .................................................................:......................
. .... -.. .... ~-...-~i -..... ;. ..
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..... ......... ...V -...-.~....... .. -..:.-...-. ..~..
_ ~ / Notary Public, Sta Eyq,
Fi~ / My Commission Expir~~Arig. , 1905
E~tiAND REDOR~Ep -
I~~_._~tt~si~~ R~ ODOK - r
161 DtC 10 PM 4: 4~ ";.., _
ROGER P01?RAS,CiERK ~~~'-•;;'i~'t•~~ ~ -
'.. S1, IUCIE COUNTY, FLORIDA ~° ''•.;~' Y,•~~" ''•=~
iii _; ,J . 1,, ,~ . ~ ~
~~ ~ ':`iuv,,~~,r?:
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i
SPATE OF FLORIDP.,
f;OUNTY OF St . Lucie
I IiEREBY CERTIFY that on this day, before me, an
officer duly autlrorizcd in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
Burton T. Calhoun and Pharisene J. Calhoun.
to me known to be the person Sdesctibed in and who executed the forcsoing irutrument and ,L•~'1E+~~"~1trpypwledRcd
t
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before ne that they executed the same. `~` y''" ~' ""''~~. `-r~~'
WITNESS my hand and df:cial seal in the County, and State last aforesaid this }~'~`~` V' ~ d2y'of
December A. D. 19 b2• , -" ~ -' " ;; -