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HomeMy WebLinkAbout1149 ~ ancl shall perform, comply wiih and abide 6y each ancl enery the agreementa, atipulations, rnnditio~u ae~ covenants t{~erea~, and o~ tF~is mortgage, tf~en t{tia mortgage and t{~e estata {~eroby createc~, shaU ceasa, d~- termine an~ ~re nul~ an~ void. ~ the r?tortgagor her~~by Jurther rovenants and agrees to pay pramFtly when du~ the princtpal nnd inlerest ~ind other sums o~ money proi~ided ~or in said note and ti?ia mortgage, or eitl~er: to pay aU and singu~ar the taxes, asse~s~nents, leuiea. Iiabi~ities, ob~igations, and encumbmnrea o~ every nature on saicl pro- perty; to permit, cammif at su~jer no waste, impairment or deterioration o~ enid land o? t~?e in?provementt tliereon ot any time; to kppp the buildings nou+ or herea/ter on said Iard /ully insured in a sum o/ not ~e?ss t{~an in a company or companies accPptn6le to fhe mortgagee, the po~icy or pa~icie~ to 6e he~ by, anc~ puya~~e to, said mortgagee, and in the event any surot o) money becomea payo6~e 6y vtrtue of auch insurance the mortgagee sh~!! ho~~e !he right to receive and app~p the same to t1~e indebtedness here6y secured, accounting to the mortga~or ~or any surplits; to pay a~j cosfs, c~arges, anc~ ezpenaes. inc~tuling ~awyer~:~ fees attd tft~e searches, reasona6jy inc?arec~ or paid by the mortgagee 6ecause of t{~e fai~ute o~ the morfgagor to prompf~r and Jully camply u~ith the agreements, stipulations, conditiorw and covenanta o~ aaid note and t{~is ntort$age. or either; to perjorm, comply with anr~ abide bq each anc~ every the agreements, ~tipu~atioru, eo?tditiona and , I covPnants sef fort~ in said nate and this mortgage or eilher. ~n tf~e event t{~e mortgagor ~ai~t to pay wl~en due any tax, assessment, insurance premium or other sum o( money paqn6Ge by virtue of safd note and thiu mortgage, or eitf?e~, the mortqagee may pay the same, wittiout urarving or a~`ecting the option to forecjoae or anyo uthrr right {~ereundcr, a?icl alI such payments sl?all bear interest f rom date t?tereo~ nt the hi9hest law- • (u~ rate thcn allowetl hy the lau~s af t{~e Stale o~ Floricla. )l any sum of money herein re~etred to tie not promptjy paid wit{?in daqa next a~ter the same F~ecomns c1~te, or i` each and every the agreements, stipulations, conditions and covenants of aaid note and tF?is mort~age, or either, are not f ully per~ormecl, eomplied u~ith and nbic~pcl 6y, t~ien the entire sum mentionecl in said note, and this mortgnge, or the entire balance unpaid thereon, sl?aU forthwith or therea(ter, at the option o( the mortyagee, 6ecome and 6e due and payable, anythi~g in said nole or ~eretn to the contrary notwithstanding. Failure ~y t{~e mortga,qee to exercise any o~ the rig~tts or optioru ~ertrin provic{ed shall not cor~stitute a wainer of nny ri,qhts or optiuns unc~er said note or this mortgage accruecl or t{?erna~ter acrruing. n ~Lll~s ~ t{iP saic~ morfgagor has {iereunta signec~ and sealec~ these presents tf~e ~ay antl year f irst ahone written. signec~. sea~e~ anc~ c~etit~erec~ in t~e presencp of : " ~ , . --~..~.,a,,\,,c~.e.-...-~J~~`~-~~`~"-''~-~--~ ........~..~.r~.......~. . ._u.r.rZ.-...~_...:_.........-----~---~-----.................~ O. C. Gillis ~ Irene V. G'lli ~ ~ ~~w~ ~ - .,~~.--d..,... - - ~ - - - ~ - ~ ~ ~ ~ I ~ ~ ~ i 1 STATE OF FLORYDA, ~ ~nU~~TY nF St . Lucie I HEREBY CERTIFY that on this day, t~eforr me, an offic<r duly authorized in the State aforesaid and in the County aforesaid'to take aeknowledqments, personally appeared ~ f O. C. Gillis and Ixene V. Gillis ~ I to m~ kno~+•n to be the person described in and who e~ecuted the foregoing instrumrnt and ~.h~j~acknowiedged before me that they cxecuted the same. WI'i'NESS my hand and oEficial seal in the County and State last aEoresaid thes 22ti}1 day of ~ August A. D. 19 65 • Com• ~J~: ~-/y-Gf~ ~ ~ . , „ t• , ~ ~ ~ . • ~ . _ - ~ `r"..~ . . _ ~ ~~OK •ti .r . . . - r . ~ ~ ,`f~..ii~..~ f ~~V I V ~ ( I ~ ~ 1~ ~ - ~ ~ ~~~;y' ;a~cur' U~`7 . ~ c~ . , : • t3~3 " :E;:~- - - - ~t;~ : ? U~ , F-tJ.f,i.~(NS. CLER ~ _ _ ? J = ,,v - (4~~t~ ~CQUNTY, K - ~ . • - f ; - ~~RIDA _ _ . :r , v:; , • - ~ . - - ~rr,,.,:~ S ~ . - • i . l24 54~ ~ . _ ~ ~ .