HomeMy WebLinkAbout0426 and shall pe~~orm, comply w!!h and abids by each and eaery ti~e agresrnsnb, stipulations, coradittons and
covenants tkersaf , and o~ tl?ie mwlgage, tl?en tl~is n+ortgage and the estat~ 1~..~6y crsatsd, al?aIj c~ease, cI~-
tennirie and be null and aotd.
~~t~e mortgagor I~BrK6y jurtl~~ eovenanta anci ngirea to pay proinptlp ~uhen due the p~incipol arul
inter»st and ot~er sums o~ money provided (or fn saia~ note and t~is rnortgnge, w sit~er; lo pa~r a~ und
singular fhe tnxea, cusessmenta, levie~. Iln~i~lt~E?s, ob~igatiorw, anc~ encwnbnartcss of avsry noture on sal~ pro-
~ perfy; to perneit, commit or su~~er no u~axte, ienpainr~en! or dete?~amtion o~ aaic~ ~u?~d or the improvernenb
thereon at any time; to k~~ the 6uildtngs now or I~eroa/te~ on anld lnnd (ully iruut~l tn a aum oj not leas
fhan ~7, SOO.t10 in firs and ~i.nd~torm ineurance
in a company or compa~ies aceeptable to the mortgageF, the policy o~ policies to be held by, and paya6le
to, eaid mortgagpe. an~ in t~te event any aum of maney ~comes ~~bt~ 6y virtue of such insurance the
mortgagee ~hall I~ave tF?e rig1~t to reacetve and ~pty ~~a s~r ~o t1~e inde6tedness ltereby aecured, accounting
to i~e mortga~or ~ar any surplw; to pay a~~ casts, c~arges, and ezpenaes, inc~uding ~atuyer~s ~ees and tit~e
searches, ?~onabty incur?e~ or ~~d by the mortgagee becawe of t~?e `af~urt o~ ttie mortgagor to promptEy
anc~ f u~~y comp~y with the agreemenis, ~tipu~ntiong, conc{ifions nnd covenunta o~ said nAte and this mortgage,
or etther; to per(orm, comply wiih and abide 6y eac?~ and eivery the agreements, atipulatio~s, conditions and
conenanls set (orth in said note und thts mo?tgage or eithe~. ~n t~e event the rnortgagof jaijs to pay when
due any tax, assessment, irwurance premium or othet su~n oj money payable by vfrtue of sutc~ note on~ t~eis
mortgage, or either, t~e mortgagee may pny the same, without wai~ing n~ a~~ecting the option to ~orec~oae
or any other rigi~t hereunder, and all such payments ahall bear interest ~rom date thPreo~ at the highest Iau~-
~ul rate t~pn allowerl by the jaws o~ the .State oJ Florida.
~l any sum of money herein re~erred to 6e not promptly paid u~ithin ?t+~]+++ c~ays next a`ter
t{ie same ~+ecom~s due, or if eoc% and every the agreements, stfpu~ations, conditions ancl covenanta o~ sai~
note and this mortgage, or either, are not /ully per(ormed, complied with and n6~ded by, then the sntire
sum mentioned in aaid note, and tleis mortgage, o~ t1~ e eniire balance unpaid thereon, ahall f
orthwith or
thereaf ter, at !he option of fhe mottgagee, become a~d bR due and payab~e, anything in saic~ note or herein
to t~e contmry notwithstanding. Fai~ure 6y t{~e rreortgagee to exercise any oj the righta o~ options ~eerein
provedec~ sha~~ not constifule a wai~~er o~ any rights or options under said note or t{~is mortgage accruec~ ar
therea(ter nccruing.
~n ~~i.l`~ ~~~t~ thp saic~ mortgagor has hereunto signed and seaied t~eae presents the
c~ay an~ year jirst atioc~e u~rslten.
Signed, sealed anc~ c~elit~ere~ in tf?e presenc~ o~:
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Catherine Lloyd ~
~
I STATE OF FLORIDA,
couiv-rY oF St. Lueie ~
I HEREBY CERTIFY that on chis day, before me, an ~
officer duh~ suthorizrd in the 5tate afore~aid and in the County a~oresaid to tak~ acknowledgmenu, ptrsonally appesred
I Ray Lloyd and Cstherirye Lloy~d, ajk,/a/ Catherine H. I.loyd,his wife,
~ to me known to be the person g described an and who executed the forrgoing inauument and t~~ acknowledged
before me that t~y exccuted the same. ~
WITNESS my hand and ~Hieial seal in the County and Statc last aforesaid this 2~jth day of
~T$I1UElSy A. D. 1965.
~ I .~.~sur,tr, . .
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~ . , ~ e Notary ubiic, State of ~lorida at L'arg~
'r ~ ~ r My Commission Expires Aug. 6, 1967
v' :
s: ~ Bond~d By American Co. of N.
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