HomeMy WebLinkAbout0692 and shall per~orm, romply u~ith and a6ic~e by eac~h and ~very t{?e agreement:, itipulations, condttions and
~ co~~enants thereo~, anc~ o~ t1~is morl~age, t{?en this mortgage and the estate hereby create~, sltnll ceais, ele-
termrne and 6e nuI! and uoid.
7ULU thp mortgagor ~2rcryy f ur!{~er covenanis ane~ ugreea to pay promptly when clue the pri?ecipa~ anc~
inlerest and ot{~er sums o~ money provided Jor in ~aid note and this mortgage, or rfther; ta pay ar~ anrl
sin~u~ar the taxes, assessmants, levies, lin6ilities, o6ligatio,~ta, a?ed en~urrtbmncas o~ every nature on said pro- ;
perty; to permit, commit or suf jer no wasfe, impairment or deteriorotion o~ sa~d la,~d or the improvements
~ thernon at ariy time; to keep ihe 6uildings now or herea~ter on said ~anc1 ~ully insured in a sum o` not less
~ ~ t{~an
in a cornpuny or corrtpanies UCCRP~a6le to the mortgagee, the policy or policiea to be h~td 6y, anc~ payab~e
tu, said mortgagee, and in the event any sum of money becomes ~ya6[~ 6y uirtue of suc~e insurance t{~e
mortgagee shall haL~e the right ta receive and apply tF~e same to the indebtec{ness hereby securPd, accounting
Ro the mortgagor for any surplus: to pay alI costs, r{~arges, and expenaes, inrluding lawyer'~ fee~ a?ud title
searches, reasona6ly incurrec~ or paid 6y the mortgugee 6ecause o~ the failure of the mortgagor to promptly
and ju~~y comp~y with the agrepments, sfipu~ations, conc~itiQns anc~ covenants oE said nofe antl t~is mortgage.
or eit{?er; !o per~orm, comply u~ith and ab~de by eac{~ anc~ every the agreements, stipulations, conc~itiona anc~
covennnts set /orth in said note and tFiis mortgage or eitf?er. 7n the event the mortgagor faila to pay u~hen
due any tax, assessment, insurance premium or other sum o( ~o.?ey pava6t~ by virtue o~ ~aid note and this
mortgage, or eitf?er> the mortgagee may pay the same, without waiveng or ajfectiny the o~tion to (oreclose
or nny ~t~er right hereunder, and al~ such payments s{iall 6ear interest ~rom date thereof at the highes! ~aw-
~ (ul rate t{~en al[ou~ed 6y tlie laws of tFie State o~ F~orida. •
~L any sum o~ money herein re`PITPd t0 6e not prompt~y paid u~ithin days next af ter
the same 6YCOmns due, or i~ earh and every the agreements, stipulations, conclitions and eouenants o( saic~
note and this mortgage, or either, are not (ully perjornted, complied with and a6~ded 6y, then the entire
sum mentioned in said nate, and tl?is rtaortgage, or tF~ e entire balance unpaicl !{~ereon, shall f
orthwith or
therea(ter, at the option o/ the mortgagee, become and 6e due and payable, anqt{~ing in said nate or herein
to f{te conirary notwithstanding. Failure by the mortgagee ta exercise any of t~e rights or options ~e~ein
proi~ided sha~~ not canstitute a waiver oj uny rig~:~s ar options under said note or l~is mortgage accru¢d or
t~ter~n~ter aCrruing.
~ '~/~{~,~u~ F I
~n ~~~~5 WIK`G~l~ t~e snid mort,yagor has hereunto signec~ anc~ sealed these presents t{~e ~
c~a~ anc~ year f irst ahoue written. I
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Siflned, s and deliuered en the presence o~: ~
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STATE OF FLORIb:1, ~ I
cou:vr~ oF ST. LIICIE
I HEREBY CERTIFY that on this day, beEore mt, an
~ uffirer duly authorized in the State aEoresaid and in thc County afc~resaid to takr acknowltdgments, personally appeartd
Charlea Cecil B. Meredith and Lena Keredith, hia Wife
I to me knuwn to be the p~rson S d?scribed in and who executrd the foregoing instrument and ~he~ a:i:nuwledged
! before me that ~11A~ executed the same.
II ~ti'I'~'.VE55 my hand and of(icial seal in thc C:ounty and Statc last aforesaid this 2~ day of
il
A~t A. n. is b5
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i ~ ~ ~ ' ' - F R E C c.s.~-~.,..- , , - ~ . ~
. . iL~D AND ~ at U;RGE
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1 r•C s O~OED 1~r . ~t-:;.~S'-.r;::~. 15. 1966
:,J i~ ' -~~Q,~Q~--~ O O K roreco r„~:ouaH F~c~ w. oi~sreuio;esr,
~ G ' - n / ~//3/!04
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F~ U~~ c. ~ i-,-, . ~ L~. F~K.
ST. Lt1C;c GOtt~`~FY: •y, . I
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