HomeMy WebLinkAbout1962°. R. 51 ~n~~ 59~
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and slsall perform, comply with and abide by each and every t a agreements, sllpulaliaru, conditions and
covenants thereof, anti of this mortgage, then this mortgage and the estate hereby ci-eafed, shall cease, de-
terrnine and be null earl void.
)ln~ fhr mortgagor her.•by further covenants and agrees to pay promptly when due t{-r principal and
i;:!::.sf ,.;rl at~er sar-ns of money provided for to said note anti this mortgage, or .either; to pay all and
singular ilre foxes, assessments, levies, liabilities, obiigatior,s, anti encumbrances o) every nature ort said pro-
perty; to permit, commit or suffer no waste, impairment or deterioration o) said land or the improvements
thereon nt env lime: to beep the buildings noun or hereafter on said land fully insured in a sam of not less
than highest insurable value ------------------------------------------- -
in a company or companies acceptable to the mortgagee, the pol(cy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall hove the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all coats, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
aad fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or eit}ter; fo perform, comply urifh and abide by each and every the agreements, stipulations, conditions acid
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
titre any tax, assessment, insttra-tce premium or other sttm of ~ttoney payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or of f ecttng the option to foreclose
or any other right hereunder, anti all such payments shall bear interest from date thereof at the highest law-
(ul rate then allowed by the laws of the State of Florida.
~~ any sum of money herein ref erred to be not promptly paid within thirty days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, era not fully performed, complied with and abided by, then the entire
sum mcn!ioned in said note, and this mortgage, or the entire balnrtce unpaid thereon, shall jorihwith or
thereafter, at the optfo-t of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by rho mortgagee to exercise env of fire tights or optioru herein
provided shall not constitute a waiter of any rights or options under said note or this mortgage accrued or
thereafter accruing. .
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~n ~~~ness ~heCea the said mortgagor has hereunto signed and sealed these presents the
day nrd year first above written.
Signed, sealed and delivered in fife presence of
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STATE OF FLORIDA, ~ •
COL'\'TY OF ${~ Lucie ~ •
I HEREBY CERTIFY that on this day, i,e(ore sae, an
officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Ralph E. Flatt and Lorenz ~, Flatt, his wife,
to me known to be the person t3 described in and who executed the foregoing instrument and they ac'~nowledged
txfore me that they executed the same.
lYITNESS my hand and official seal in the County and State last aforesaid this 8th day of
December A. D. 19 62.
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Notary Public, State of Florida at large.;
FIL~ED~A~~ND RECORDED
IP~__~.cia~!~BOO~y colsimisaion expires:
)tBtzry Pu~Gc, State of Florida at Large
X962 ~~~ ~ I PM 3. ~ Q Ir1y Commss:or! Expires h'arch 11, 1966
locr-~`e~'.!iv ,•.m~ -.u; Surety Co. o: `: •{
ROGER POITRAS, CLERK •••~~~_~~;^~-~: .
ST. LUCIE COUNTY, FLORIDA ''-~ ~~~::`~-= ~`~••'
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