HomeMy WebLinkAbout1287 nn~ a~nl~ per~~nr~, comp~y u,it~? anc~ abide by «,ch and erery the nye+r~sm~nta, stipu,attonrr, cor~c~lttons a?~
covenants thereo(, and oj thia mortgage, tf~en thia mortgage and tha estats hvrsby r?~eat~d, shal~ csase, ds- .
termine and be null and noid.
_ 7UNl !~e e~ortgagor {~en+by ~urther covenantr artc~ agre~s to pa~r peomptly wktn cIw t~~ princtpal and
interest and other sums o~ rnoney prov~d~l /or in sal~ note and t~is mo~tgago, or ~lttiw~; to pay aU and
singu~ar t~?e taxes, assessments, leuies, liabilities, nb~igations, ond enrumbrances oj enery ?~nture on aaid pro-
perty; to permit, commit or su~fer no wasie, impairrnent or deteriorotion o! aufd land or t{w improo~rnenta
t~ereon at ony time; to ~eep the 6ui~ings now or heriw f ter on ~aid ~.and f uliy insured in a awn o~ not ~ess
t~an ~
in a company or companies acceptabje to the mortgagpe, the po~icy or po~dries to 6e heid by, and payuble
to, said mortgagae, and in t{~e event any sum of money 6ecomea payab~e bp virtue o~ sucl? insurance the
mortgagee shall have the right to receive and apply tF~e aama to tl~e indebtedness here6y ~ecured, aoc.~ounttng
to the mort~apor ~or any surple~.+: to pay aU coats, chnrges, and experiaer, including Iawyer's Eees and tttle
searches, reasonab~y incurrec~ or paic~ 6y t~e morlgagee becuuse o~ t~e fai~ure of the mortgago+' to prom,ptly
anc~ (u~~y comp~y with the agreerrtents, stipulations, cone~itiors~ and couenanta o( ~nid note and tF?ia mo~tgage,
or eitl?er; ta perf
orm, camply with and a6ide 6~ ~k ~nd every ehe agreemenla, stipulntia?u, conditians and
covenanta aet /o?th in aaid note and tl?is rnartgage or either. ?n the event the mortgago~ /aiL to pay when -
~iue nny tax, cwsessment, insr~rance premium or other sum oj money payable 6q vtrtue of aaf~ note nnd t~is
mortgage, or eithtr, the mortgagee may pay the same, wit{?out u~aiving or a~~ecting tf?a optian !o ~ore+cGvae '
_ or any otl~er rigl~t hereunder, and all suc?s paymenta ahnU beu~ interest /rom date tf~ereoj at the highest law-
~u~ rate t1~en allou~ed by the law~ o~ t{?e State o/ Ploric~a.
~l any sum o~ money {?erein referred to be not promptly paid within ~~rt'y days next aftsr
the same becomes due, or i f each and every the agreements, stipu[ationa, ronditiorw and covenants o/ anid
note and this mortgage, or eitF~er, are not jully perf
ormerd, comp~ted with nnd a6~ded 6y, tlien the entire
sum mentioned in said note, nnd this mortgage, nr tFte entire balance unpaid tlteneon, ahaU ~orthwith or
thereaf ter, at t~?e op::on o( t~e mortgagee. ~ecome ~d be due ~d ~yab[~, anyt~ing in said note or f~ereln
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or optiona herefn
provicled s~a~~ nut ronstifute a waiver o( any righfa or options under saicl note or lhis mortgage aecnu~ or
t~erea~ter accruing.
~n ~~~~s ~~~1~ t{?e said mortgngor has Rereunto eigned and sealed these presents the
. day anc~ year Jirst a~o~e written.
5igne sealed and delivered in the presence o~: "
A .
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STATE OF FLORIDA, ~
_ coux~`v o~ St. Luc ie
I HEREBY CER'I'IPY that on this day, before me, a~
officrr du?y authorized in the Scate aforeaaid and in the County aforesaid to takc ~cknowledgments, personally appeared
Otis andIla L. Levis
to me known to bc the person described in and who executtd the foregoing instrument and they acknowledg~d
before me that th~ exccuted the same.
WITtiESS my hand and of(icial seal in thc County and State last aforesaid this 13`h ~r of
`~,~i~~~~i~~~;~r,
AUg. A. D. 19 65~ ~dQl!~„~
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