HomeMy WebLinkAbout0500 _ _ _ _ .
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f unc~ sha~~ perjorm, romp[y with anc~ abi[~e by eqc~t ancl every !he agreementa, attpu~afions, condlttons at~
! co~~enants tfiereo/, and o/ lf~ts mortgage, t~ien this mortgage anol tl~e estate hereby cneaterl, rhall c~aax, de-
„ ,fermtne an~ f~e nul~ ar~d voic~. ;
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I 7i1~ the mortgagor I?eru6y furfher covenants and agrees to paY prompily wltsn alue tree prrincipa~ and
I inferest anc~ afRer sunta o( money proaic~eol ~or in saitl nota anc~ thfs ~ortgage, o~ elther; to pay a~l and 5
Ij singular the taxe~s, assessmer~ts, Ievlea, Iia6ilttees, ob11gaf1o~ar, and encum6rnnees aj every natwe on aaid pro- ~
~ perly; to permit. commit or su~fer no waste, impairment or c{eter{oration oJ sa~d la.~d o~ (he emprovementa g
i: tRPrron at any time; to Ireep the 6uildings now or herPa~ter on said land f ully insured in a sum o/ not less ~
~ ~han F(3URTEEN THOUSAND FIVE HUNDRED ANU NO/100 DQLLARS
~ i in a company or cor?ipanies acteptab~e fo t~e mo~tgagee, tke po~lry or po~icies to be ~e~ by, and psya6[e ~
~ I~ to, sai~l mortgagee, anc~ in the euent any sum o~ money bec.~omea paya6le 6y virtue o( auch ieisurance the ~ .
mortga{~ee s~a~~ ha~e t~e rig~t to receive an[~ apply the aame to tl~e tndebtedne~s ~ere6y aecured, accounting '
i~ to t{~e mort~agor for any surp~tis; to pay a~l costs, c~arges, anc~ expenaes, incruding ~awyer~s ~ees an~ tit~e ~
~ 'i searci?es, reasoRably incurrec( or ~~d by ~hp morfgagee beruuse o~ the failure of the martgcegor to prompf~y
' anc~ Ju~ly comply witl? !he agreements, stipulations, ct~nditions anc~ coveRants of snicl note and this mortgage.
~ or either; to perform, comply ulith and a6ide 6y ea~F, and eaery t{~e ag~eements, stipu~ations, conditior~,t anc~ r
~ coc~enants sPt forth in said note and Jhis rnortgage or eitlier. In the eoent ihe mortgagor fail,s to puy when
~ due uny tax, assessment, insurance prernium or other sum oj money payable 6y virtue of said note and tltts ~
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~ I~ mortgage, or eit{~er, t~p mortgagee may pay the same, without waiving or ajfecteng t~e aption to ~oreclose
' or any other rit~ht ~ereuntler, and alI such payments shall 6ear interest ~rom date thereo` at tlte hig~est ~aw-
~ i~ f ul rnte t1~en a~~owed by the raws o~ t~e State of F~orida.
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~ ;i ~l nny sum o/ money herein re/erred to be not rom tl id within th1Tt dn a next a t r ~
P Py~ Y y fe
the same 6e~omPS due, or if each and eaery the agreements, stipulations, cvnditions and covenanta o( said ~
- note anc~ t~is morlgage, or either, are not ~ully performec~, complied with and abided 6y, tlien tf~e entire '
;;I sum rnentianed in said note, nnd this mortg4ge, or t{~e ent~re 6alan~e unpuid t~ereon, sha~l fortltwit~i or
~1 thereaf ter, at t~ie option of the mortgagee, became and 6e c~ue and payable, anpthing in saic~ note or F~erein
j~ to the rontrnry notwiihstanc{ing. Failu~e by ~he mortgagee to ezeirise anv o~ tlte rights or optiona herein
~I proviclec{ s~a~~ not cunsfifute a waiver of any rights or oplions unc~er sai~ note or t~is rnortgage ec~rued or
;I thc~ren~ter ac~ruing. • .
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~7 Dn ~~~~s ~~~i~ tfee saic{ mortgagor {tas hereunto si,ynpd and sealec~ these presents the ,
'i c~oy an~ year first above u~rittert. ;
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STATE OF FLORIDA, ~ ~
COti`TY OF ST. LL'CIE `
~I I NEREBY CER'TIFY that on this day, before me, an ~
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i~ afficer duly authorized in the State aforesaid and in the Gounty aforesaid to tak~ acknowledgments, personally appeared '
RAY J. PHILLIPS and BESSI~ P'HILLIPS, his wif~, ~
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~ to me known to tx thr person S described in an~ who eaecuted the for~going instrument and t~1@y acknowledgtd ~
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h~fore ;nc that they executcd the same. ~
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; ~1'IT\ESS my hand and official seal in thc County and State last ateresaid :his 3~t~1 day of j
!i July D. 19 65. ~
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`G. ry u`k~Tic, ~tate o£ Florida i
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' _ A~ I~arge ~
~G'~- My Commissi~n Expires:
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~~jF ~ ~I RE _RBED I
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r,.' - ~!(1 3U P~~ 2. 39
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~ _ - ~9~~~ !'(~i~i r~r~, CLERK ~ ;
~ =,'~i'~~i:~- • ~fi, ~~~I~ CQUNTY, ,
~ ~ ~~~~~sA ~ ~ 123 498 1
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