HomeMy WebLinkAbout2586~oR~ ~~ l~l6E X22
and shall perform, comply with and ablt~..T~X ~~ Ee~~+f~yFtf~r~ agreements, aflpulations, condrtia-u and
corennnfs fhpreof, and of tats mortgage, then this mortgage and fhe estate hereby created, shall cease, de-
termine and 6e null and votd. - -
I1n~ the mortgagor heeyby Jwiher covenants and agrees to pay promptly when due the principal and
interest and outer some of money provided for in said note and this mortgage, or either; fo pay all and
singtr{ar the taxes, assessments, levies, liabtltties, obligations, and encumbrances of every nature on said pro-
perty; to p~r+nif, commit or suffer no waste, impairment or deterioration of said land or the improvements
therron at any Ilene; to I;PPp the buildings now ar hereafter on said land fully insured in a sum of not less
than • • - • •
in a company or companies acceptable to the mortgagee, the policy or policies fo be field by, and payable
to, said mortgngeo, and in fhe event any sum of money becomes payable by virtue of such insurance the
mortgage shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to fire mortgagor Jor any surplus; fo pny all costs, charges, and expenses, including lawyers fees and title
searches, reasonably incurred or paid by the mortgagee becatue of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions,and covenants of said note and this mortgage,
or either; to perform, comply wtth and abide by each and every the agreements, stipulations, conditions and
covenants set forth in snid note acid ~fhis -mortgage or either. In the event the mortgagor Jails to pay when
due any tax, assessment, insurance premium or other atsm of money payable 6y virtue of said note and this
mortgage, or either, fhe morigagee may pay the same, without waiving or affecting fhe option to foreclose
or any other right hereunder, and all such payments shall bear interest from dnte thereof at the highest Iaw-
Jul rate then allowed by the laws of the State of Florida. -
~f nny sum of money herein referred to be not promptly paid wilhtn.. thirty. • days next after
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the snore becomes clue, or iJ each and every the agreements, stipulntions. conditions and covenants of said
Hole and this mortgage, or either, are not fully perforn;ed. complied with and abided by, then the entire
sum mentioned in said note, and this marfgage, or the entire 6nlance unpaid thereon, shall forthwith or
thereafter, at fhe option of the mortgagee, becorne and be due and payable, anyfhtng in said note or herein
to fhe contrary notu+itltstanding. Failure by the gtorfgagee to exercise any of fhe rights or options herein
provided shall not constitute a -waiver of any rights or options under said note or thin mortgage accrued or
thereafter accruing.
~n ~tttleSS thereof, the said mortgagor has hereunto signed and sealed these presents the
dny and year first nbove written.
Signed,
!ive etl in the presence of
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. ~ J,'e...~i7..... ...........
~en W. Carl on
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' ~aGt1i~TY OF ST. LUCIB
.<<; '' - I HEREBY CERTIFY that on this day, beftye me, an
officer duly auth rued in the State aforesaid and in the County aforesaid to take ac'snowledgments, personally appeared
-' REUBEN H. CARLTCNand MARGARET H. CARLTON, his wife,
to me known to tx the p+•rson g described in and who executed the foregoing instrument and Who acknowledged
before me that they executed the same.
~i'ITFrF.SS my hand and official seal in t5c County and State last aforesaid this 2~th day of
December ~~- D. Is 62. ,
~~ - -~ ----• Notary Public ~/
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My Comt~Iission Expires:
Notary Ptt!ic. Clan of ~;a.•~da at
~dy Corna~i;:i;,tt E,cpir~f juiy i9, 1965
tbsaw sz fm.nus -k. a Cs+uattr c•.