HomeMy WebLinkAbout0441 anc~ ahall perjorm, comply u~it{? and a6td~ 6y each and ev~+r> tf~e ogreement~, alipu~otiana, car?clitions nrw~
covenants thereof, and af this mortgage, t/~en this mortga9e an~ t{~e estate hero~iy creaied. sl?all eswe, de-
termine and be null and void.
t
~ ~ t~te niortgagor he-~+6y ~urther covenants nnd agree~ to pay promptly wl~fn clue tl~e EYincipul and
interrst and ofhe+r sums af money providec~ {or in aa1c~ note arul tleta martgagie, or stthrr: ta par nU and
singu~ar t{~e taxes, asses~?nents, ~evies, Ita6ilities, o6ligations, and enCwn6~~s of anery nature on suic{ pro-
perty; to permit, cor?tmit or suf~er no wasfe, impnirmen! or deteriomtion o` sa~d l~d or the improvemenb
thereon at any time; !o keep the 6ui~dings now or heiraf ter on said land /u~~y insurec~ in a aum af rtiot ~esa
ti?an ~7, 650 .00
in a rompany or cornpanies acceptable to the mortgagee, the policy or poGicees to be ~eld by, and paya6le
to, aaid mortgagee, a~d in t~~e event any sum o~ money 6ecomes ~xiyabl~ by virtue of ~uch insw~rince the
morfgagee shall have the right to recei~e anc~ apply tl~e same to the indebtedness F~e?~6y ~~wBd, accounting .
to t{~e mortgagor for any surp~us; to pay a~l cn~ts, c~arqes, anc{ expenses, inc~uding jawyer~s ~ees and tit~e
searches, reasanably incurrec~ or paid 6y the mortgaqee 6ecause oE the {ailure o/ the mortgagor to promptly
and ~u~ly comply with the agreemenis, stipu~ations, conditions a~c~ covenants o( eaid note nnd thia mortga~e,
or either; ta per(orm, comply with and a6ide by each and every the agreements, stipulations, conditions and
covenants set (ort{? in said note and this mortgage or either. fn t1~e event the mortgago~ (ai~s to pay wlten
due any tax, assessment, inswance premium or other sum of money payab[e bq virtue o~ saic~ note anc~ thu
mortgage, or eii{~er, t{~e mortgagee may pay t{~e same, without uraiving or a~Jecting t~e oplion to (arec~oae
. or any other right hereunder, anc~ all such payments shall 6ear interest from date tftereof at the fti~hest law-
~u1 rate then allowed by the laws o( the State o~ Florida.
~L any sum o~ money herein re~erred to be not pro?nptly paitl u~ithin ~1~2't7 days next a~ter
the same 6ecomes due, or if each and every the agree?nents, stipulations, conditions and couennnt~ o/ said
• note and t/~is rrtortgage, or either, are not (ully performed, compdied iwith antl abided 6y, t~ten the entire
sum mentioned in said note, and t{~is mortgnge, or the eRtire bajance unpaid the?eon, ahall forthtvit?~ or
therea~ter, at the option o/ the ~nortgagee. 6ecome and 6e due and paqable, anqthing in said nots or f?erein
to the contrary notwith~tanding. Failure by the mortgagee to exencise anq oE ti?e right~ or optiona {?erein
provided shall not constitute a waiver of any ri,qhts or opiions under aaid note or thi~ rnortgage accruecl or
' therc~a~ter accruing.
~n ~itness the said mortqagor has hereunto signed and sea~ed these preserrts the
c~ay an yeur ~irst u~ove written.
Signe sea~ec~ anc~ ii~erecl in the presen~e o~:
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STATE OF FLORIDA, ~
CUU~`TY OF ST. LIICIE
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to tak~ acknowledgments, personally appeared ~
Clande H. Con?bs and Lonise L. Combs, hia wife
to me known to be the pcrson 8 described in and who executed the forrgoing instrument and ~lef acknowledgrd
beforc me that ~~Dy executed the same.
WITI~{£SS my hand and official seal in thc County and Statc last af~resaid this day of
A. D. 19 65
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