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HomeMy WebLinkAbout0704 I anc~ sJiajl perJorm, c~omply wi~h and o6ide 6y each and ei~ery the a9reements, stipulations, conditions cnd c~orenanls lhe~reo% ond oj tf~is mortgage, then this mo?t~af~e and tl~p estate here6y created, shall crase, de- lermine and 6e null and aoid. ~ Ihe morlga~or hem6y jurther co~enanis and agrees to pay promp~ly when due Ihe principal and interesf and other sums oJ rnoney prouided for in sai~ note and Ihis mortga~e, or eitf~e~; to pay aI1 and sinflular the iaxes, assessmenis, levies, liabilities, o6ligalior?s, and encum6nnnces o( every naiure ort said pro- perly; fo permil, commit or sujjer no wasle, impairment or c~eteriorulion o~ sai~ la?td or fhe impmi~pments ~ therr.on at any time; to kppP thp 6uildin~s now o~ f~erPaj[er on eaid Iand /ully insurc~cl i~i a surn o) nof Ipss ~ ~haR (No insurance) in a company or companies acceptnble 1o fhe mortgagee, f~ee po~ecy or po~icies !o ~ae held 6y, and pnyu6le to, saicl morlgagee, and in Ihe c+uenf any sum o/ money 6ecomes payable 6y virtue of such insurance 1he ~ morlpagecR sha« ~at~e the rigl~t to ~eceive and apply tl~e same to the inde6tedness here6y secured, accounting to fhe mortga~or for any surp~us; to pay a~~ costs, charges, anc~ eacpenses, inc~uc~ing ~nwyers Jees anc~ !il~e searcl~es, reasonably incurrec! or paid 6y tl~e morlga9ee 6ecause o( the /ailure oJ tl~e mort9ago- to prompllr and Ju~~y comply wiih the ag~eements, slipu~ations, conc~itions anc~ covennnts oJ said note an~ t~is morlgage. or eitl~er lo perjorm, comply with and abide 6y each and euery the agreements, stipulations, rnnditions and couenants set (orth in said note nnd tf?is mo~t~age or eitl?er. ln the event the mor~gagor /ai~.t to pQy evhen due any fax, assessment, insurance premium or ofher sum of money payable by virtue o~ said note an~ this ! mortgage, or eil~er, ff~e mortgagee mny pay the snme, wit~out waiving o~ a)~ecting t{~e option to ~orec~ose ! or any otl~er ri~ht hereunder, and all such payments shall bear interest Jrom ~Iale tl~ereoj nt the highest law- I ~u~ rate tben allou~ed by rl~p lau?s o~ !he Stale o~ Floritla. )l any sum oj money hereirt referrecl to be no! pno~reptly ~aicl within 30 t~ays next aJler ~ t1~e snme 6eeomes t1ue, or iJ ench and every fhe agreements, stipulations, eDnditions and couenants of said I note araI this mortgage, or either, are not jully perJormed, complied witl~ and abided 6y. lhen the entire ~ sum mentioned in said note, and thia mortgage, or the enti~ balance unpaid theneon, shall Jorthwitl~ or therea/ter, a! the op~ion oJ the morlgagee. 6ecomp and 6e d~ nnd ~~bie, nnything in said note or herein to the contrary notwithstanding. Failw+e 6y the mortgngee to exer+cise any of the rig~ts or opfioru /~e?ein provided s6a~~ no! constitute a wniver o( any righls or options unc~er snid note or this mortgage accrt?ed or . t{~ereaJt~r accruing. ~n ~itness ~herieof~ the said mortgagor has hpreunlo signetl and sealed tf~ese presents t6e day nnd year ~irst above. u~ritten. / t d ia in ll~e ce o( ~ - - ~ Fred Ley - ___~°..o...._.~..___c_...__.a Eleanor D. Ley ; I ~ f t STATE OF FLORIDA, i COUh'TY nF St. Lueie 1 I HEREBY CERTIFY t6at on thu day, beforc me~ an , offiar duly authorized in the Stat~ a[otesaid and in the County atoresaid to tak~ aclcnowledgmeats, penonally appeared ( FRED LEY and ELEANOR D. LEY, his wife, to me known to b~ the person S described in and who executed the foregoinq instrument and ttl@}/ knowkdged I beforc me that tfiey~xccutcd t6e same, ~ WITNESS my hand and official seal in thc County and State last aforesaid this I, of March A. D. 1966. ~ . . `~'•'•r '`i ~ _ ~ . - ; . ~R . ~ _ . : - c f '~pU ~ ~ No ry Public,- - e of Fl .a-...-----•--- ~ ` ~ ~ ' ~ at Large ' - , : . FILED ANG RECORDED i ~ ~ t~' ~ ` ~ ~ . a p p K . ~ . t i~ taT-~~ My Commission Expires ~ F . ~ ~s 'fi6 t~~1R 8 ~M 10 ~ 40 ~ ~ _ . ~ ~ ~ ~ ~ • ~ ~ ~ l~~z~~,l . . . $ ~ ' ~ CL~RK . • ~ . : I RGG~:~_ . - ' ~ . ~ ' ST. IUCI~ COUP~TY. - . - ' - _ I r=LOR1DA . _ ;4 _ ' ~ ;~r~'.,i- ~L~. ~ • 1 ` ~ ~ooK 14D ~01 f;; .~~::.<<:;.~~ . - ~ , _ _ _ . . . ; ~ . ~ ~ _ _ = ~ ~ ~"y . .