HomeMy WebLinkAbout1442 anc~ shnll F~erjor?n, co?np~y with anal o6ide by each and ei~ery the ngreentenl~, sttpujations, conc[itiow ar~
conenants thereof, and of this mortgage, tlien thia mortgoge and the eatate hereby creatstl, shall csase, ds-
termine and be nuU and ~~oid.
7U~ t{~e mortgagnr {?ereby f urt~er covenants anc~ agreea to pay promptl}+ when due tJ?e ~incipal on~I
interest and other sums of money provic{etj ~or in sQtcj nute artd this mortg~age, or eit~er; to pny a~j ant~
sinflular the taxes, assessments, levies, iiabilities, obtigations, and encumbrances o( every natw~e on satd pro-
perty; to permit, commit or su~fer no wasle, impairment or deterForution of satcd lancl or the improvementa
thernon at any time; to Jreep the buildings nocv ar herPafter on tnid lantl Jully ins~u~ed in n awn o/ not ~esa
than $$~000.00
in a ~oirepany ar companies acceptab~e to t~e mortgaflee, the po~icy or po~icie~ to be held 6y, and payab~e
to, said mortgagee, and in the ever~t any aum a~ money becamea ~wy~bl~ 6y uirtue o~ nuc~t inaurance the ~
mortgagee shall have the right to receive nnd apply t1~e same to t~?e inde6tednesa hereby aecw~ed, accounting +
to the mortyagor jor any surp~us: to pay a~~ costs, chorgea, and expenses, inc~ucling ~awyer~s ~ees ant~ title ~
sparches, reasonably incurrecl or ~~d by the mortgngee 6ecause of t/re fat~ure of tha mortgagor to promptly ;
and )ulCy comply with the agreements, stipulations, conditions anc~ covenants o~ said note nncl t/~ia rnortgape,
or eitF~er; to ~erform, comply with and ab~de by each and PVRTy tF?e agreementa, attpulations, conditior~.r and
co~~enants set ~orth in sai~ note anc~ this mortgage or eithe~. ~n the event the mortgagor ~aiG to ,pay w~en
due any tax, assessment, insurance premium or other sum o~ money ~yabi~ by uirtue of aald note nnd thia
mortgage, ar either, the mortgagee may pay t~ee same, withaut tuat~ing or a`fecting the opteon to ~orec~se i
or any other right hereunder, ond aIl suc~ payments shall bear interest from date thereo) at the higheat Iaw- i
~ul rnte t{?en nllowed by the laws o~ the State of Florida, i
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any sum o~ money herein re~erre~ to be not prompi~y paic~ u~ithin thirty days next af ter ~
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the same became~s diee, or iJ each and every t~e agresments, stipulations, conditions nnd covenanta of snid
note and this mortgage, or Pither, are not /ully perf ormed, complier~ with and abided by, t~t~n tlte entire ~
sum men!ioned in ~aid note, and this mortgage, or th e entire balance unpaicl tlter+eon, a1?a~t ~orthwith ar
lhereaf ter, at the option o~ the mortgage.e, become and 6e due and payable, anyt~ing in ~aid note or {ierein
to ti~e contrnry notwithstanding. Failure by the mortgagee to exa?ri~e any o~ the rights o~ options herein
pro~ic~ed sEia~~ not constifute a wainer of any rigf?ts or options unc{er aaid note or this mortgage accruec~ or i
thereaf ter accruing. :
~n w`u~~`S~J ~~~~o~~ tj~e snid mortgagor {ras {rereunt~ signed anc{ seal~d theae preaents t{te
t~ay anc~ year ~irst n~ot~e u~ritten.
Si~n c~, sealec~ arttl c{elinered in t{ie presence of :
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STATE OF FLORIbA, ~
+ coti:vTY oF ST. LUCI~
I HEREBY CERTIFY that on thia day, before me, an
offirer duly authorized in the State aforesaid and in the County aforesaid to tak~ acknowledgments, penonally app~artd
+ Robert E. poysell, Jr. and Peggy G. Poysel.I~ his wife
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to me known to be the person 8described in and who executed the foregoing instrument and they ackr.owledged
before me that they rxccuted the same.
i,.: WITNESS my hand ar.d ofticial seal in thc County and Statc laat aforesaid this 1~~~'1 day o( ~
' ~r~•~ '~'~¢0~3" A. D. 19 65
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