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HomeMy WebLinkAbout2490Bp~K ~~ f A6E ~~...d and skull perform, tomplV with and n rt I) r ry t~e ngreentent,, stipulations, conditions and I ~~ ~ ~~~~ r~~~'~~~, F cr;rennnts thernuf, rind of this mortgage. t ter bcr ate art the estate {terehy created. shall reuse, de- terminr• and Ue nuu arut Corr ~(~~ I{te mortga{tor herrhy f esrther trovenanls and agrees to pay promptly when clue the principal and interest and of{rer stints of money provided jor in snirl note and this mortgage, or either: to pay all and sin~tulrrr the Cases, assessments, levies, liabilities, o~rligntions, ant{ encumbrances of every nature on said pro- perty: to permit commit or suffer no a+uste, impairment or deterioration of said land or t{re improvements ~l,<...,,,.~ .,r anv limn: to {reen t{re buildinrts now or hereafter on said land f~~ly insured in n sum of no! less EIGHT _... THOUSAND . AND 44% 10U-------------Dollars than in n company or companies acceptable to the mortgagee, the policy or polities fo be held bY, and payable to, said mortgagee, and in the event any sur-i of money becomes payable by virhre of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to t{re mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid l)y t{te mortgagee because of the failure of the mortgaf;or to promptly and fully comply with the agreements, stipulations, conditions and Covenants of said note and Ibis mortgage, or either: to perform, comply c~ifh 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 any tax, assessment, insurance premium or other sum of money payable by virtue of said note and f{Cis mortgage, or either, the mortgagee may pay the same, u+ilh~ut ruaiving or affecting the option fo foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Inur- f ul rate then allowed by the laws of the State of Florida. D~ ony sum of money herein referred to be not promptly paid within .3~ days next niter lire same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said Hole and this mortgage, or either, are not Jolly performed, complied with and abided by, then the entire strm mentioned in said mote, artd this mortgage, or the entire balance unpaid thereon, shall f orthu+ith or thereafter. at the option of 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 options herein provided shall not Constitute a waiver df any rights or options under said Hole or this mortgage accrued or (hereafter accruing. ~tb ~tftle5~ thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above.u+ritten. Signed, sealed and ivered in the presence of /J ~ - .......... ........ .. ... r- ~ ~` ,~ .: -~ : ,, r.. ;~ T' - .~=:~. STATE OF FL(IRIDA, ccn?NTY (7F ST. LUCIE I HEREBY CERTIFY that on this day, be[gre me, an officer duly authorizrd in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared E. PRANK SAMPLE and MILDA M. SAMPLE, hia wife, to me known to be the person 3 described in and who executed the foregoing instrument and thej- acknowledged before me that they executed the same. WITNESS my hand and official seal in the County and State last aforesaid this 18th da • December A. D. l9 b2 '~~~ ~~'~~`,~; ~`• FILED AND RECORDED tf~l \cJ :` ?~:.~ .`~ .... ~ .~ ~~~~~~ , IPA QOOK 1962 DEC 19 QM 10:46 ROGER POITRAS, CLERK S1. LUCIE COUN FLORIDA •, . ~., ~: t•: r ~ ~ ^t r~. ~I -~ a ~.,~- _- ., ,., , +~~~