HomeMy WebLinkAbout1016 and shal~ perfarm, c~unfply wifh and abide ~y eac~ anc~ ~~~ery the agreemsnta, stipu~at~ons, cwru~itiona ond
roi+enanta thereo/, and o/ thts mortga~e, tf?en this reeortgage and tl~e eatate hereby c~rated, shall ce~ase, de-
termine and be nwl~ and iwid.
~il{~L fhe mortga~or hen+by Jurther covenants an~ agrees to ~ay prompt~y w~ten due tl~e principal and
interest and ot~er sunes a~ money providec~ ~or in saic~ note ancl t~it mortgage, or aitker; to pay a~~ ane~
singular ihe taxes, assessmenta, levies, lia6ilitiea, obligations, and encum6rancen o~ every nature on aaid pro-
perty; to permit, commit or ~uf
jer no w~te, impairment o? t~eterio?ation oj aaic~ tane~ or t~e i~nprovement~t
therron at any time: ta ~eep the 6uildinga nou+ o~ he?~u~ter on :anid land Juliy in~ured in a sum oj not I~?sa '
t~an ----SEVEN THOUSAND 8c 00/100 DOLLARS
in a company or companies acceptab~e tn the mortgagee, t~te po~icy or po~iciea !0 6e held 6y, and payuble
to, said mortgagee, and in the eve?it any scim of rreoney becornes Payable 6y virtue oj ~uch i?tsurance the
mortgagee shall have the right to receive antl app~y t{te same to t{te inde6tedness {zere6y aerured, accounting
to the mortgagor ~or any surpji~.s; to pay a~~ costa, charges, ansj expensea, incluc~ing ~awyer~s f
ees and tit~e
searches, reasona6ly inrurrecl or p~td by tl~e mnrtgagee 6ecawe o{ the failurr of the mortgago~ to promptly
and /u~~y comply u~ifh t~se agreements, stipu~ations, conclitions ancj couenants of snid note and thi~ mortgage,
or eitF~er; to per/orm, romply with and abide 6y eac~ and every the ngreements, stipulations, conditions an~
co~>enants set ~orth in said note and t~tis mortgage or either. ~n t{~e event t~?e mortgagor ~ailt to pay u~hen
due any tax, as~essme?tt, insurance premiurrt or ot~ew sum o~ money paynble by virtue oj suicl note nnd this
rnartgage, or eitfxer, t~?e mortgagpe may pny the same, wil~out waiving or af~ecting the option Co ~oreclase
or any other right hereunder, and aII such payme~ts shall bear interest from date thereof at llee ieighest 1aw-
(aI rate ti~en al~owed by the Iaws of the State of F~orida.
~l any sum o( money herein re(erred to be nof promptly pait~ within th i r ty days next a~ter
the same bpcomes due, or if earh and et~ery the agreements, stipulations, conditians and cove?tants of saed
note and this mortgage, or either, are not jully per(ormed, complied uiith and abidec~ by, than the entire
sum r?ten.ioned in aaid note, and this mortgage, or the entire balance unpaid tliereon. sh~U fo+~th~~th or
1Ftereaf ter, at tJ~e optiore o{ tlee mortgagee, become and be clue and payuble, anyt{~ing in said note or {terein
to t~e contrary nofwit{~sttending. Faijwe by ihe mortgagee to exercise any of the rights or optioru {~erein
proriderl sha~l not constifute a waiuer o` any rights or options under said notp or this mortgage uccruec~ or
therPa(ter accruing.
~n ~~N~`~S ~IL[lL~l~ t{ie said mortgagur has hereunto signed and sea~ed theae presents t~?e
c~ay an~{ yepr first a~o~e written.
Signe , sealed and delinered in t~e presence o(:
't-s~-, ~ C?~-~~~ =-t' ~J ~ I
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STATE OF FLOltIDA, ~ I
CoUNTY O~ ST . LUCI E ~
I H~REB~' CERTIFY that on this day, before me, an
officer duly authonzed in the State aforesaid and in the County aforesaid to takt acknowledgmenta, prnonally apptared ~
Sin~le
John Johansen and Agnes F. Jahansen, his wife and Nathan Johanson/
to me known to be the pc~rson S described in and who executed the foregoinq instrument and they acknowledged ~
before me thattj1ey execut~ed the same. ~
R~IT~SESS my hand and official sea! in thc Countq and Statc last aforesaid this 7 tt1 day of
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`'t.~ ~....~;:~~Ob~T A. D. 19(j~j
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