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HomeMy WebLinkAbout1153 , and shall perJorm, comply with and a6ide 6y each nnd every the agreements, :ttpulattons, conditio~u and covenants t!~ereo(, nnd of this mortgnge, then thls mortgage and flts e:tate hereby crpated, shall ceass, de- te~mine and 6e null and void. ' . nl~~ f~e mortgagor {~en~by f urther c~o~enants nnd ngrees to pay prompfl7r when due fl~e principa~ and interest and u:ker sums o~ money provided /or in said note cnd tl~is mortgnge, or eithe~: to pny a1l and singu~ar the faxes, assessmenis, ~evies, ~iabi~ities, ob~igafions, nnd encumbrancea oj ewry nalure on said pro- perfy: to permii. rnmmit o~ su(~e~ no waste, impnirment or deteriorntion o~ satd la.~d or fhe ~rnprovemertts thereon a1 any time: to keep the 6uildings now o~ I~pn?a~ter on .a~d t~nd /ully insured in a aum of not less eF~an Fifteen Thousand Dollars ($15, 000.00)- - - - - - - - - - - - - in a compnny o~ companies aoceptable to tl?e mortgagee, the polic~ o~ policies to 6e f~eld 6y, and payable to, said mortg~3ee, an~ i~ the evenf any sum o( money becomes ~ya6t~ 6y uirtue of auc4 insw~nnce the mortgagee sl~all have t1~e rig1~t to receive and apply tl~e snme fo fl~e indebtedness here6y securod, accounting fo f~e mortgagor lor any surplus; to pay a~~ ewts. c~arges, and expenses. including ~awyer~a ~ees artd itt~e searc~es, rensonab~y i~currec~ or paid 6y tl~e mortgagee 6ecause o~ t~e ~ni~ure oj the ntortgagor to prompt~y ~ and f ully comply with the agreements, sfipulattons, conditions and cooenanb oJ satd noee ~d thts ~no?tgaee. o~ eifher; to pe?form, comply with and a6ide 6y each nnd every t~e agresments, atipu~ntio~a, conditiona and rnvenants set jorth in said note and t6is mortpage o~ eithe~. /n the event the mortgagor jails to pay when due any tnx, ussessment, inswnnce premium or othe~ sum oj money paya6le 6y virtue oj satd note and tkis . mortgage, o~ either, t~e mortgagee mny pay f{~e same, wifkout waiving or a~~ecting the option to ~orec~ose or any ot6er rigT~t hereunder, and nll such payments ahall 6ear interest /rom date fhereo( at t1~e Ftigl~est law- (ul rate then allowed 6y Ihe laws of II~e State o~ Florida. ~l any sum o~ money {~erein ?e~erred to be not prompi~y pnic~ wifhin thirty days next uJter the same becomes due, or ij each nnd every !he agreements, stipulations, conditions and covenanb o~ said = note anc~ t~is mortgage, or eit~er, are not Ju~~y per~ormed, cornp~ied with and a6~dgd 6r. then ftie enti~e sum mentioned in snid note, and tbis mortgage, or the entir+e 6nlance unpntd therean, s~iQU /orthwitb or tl~erea~ter, ut t1~e option o/ tl~e morfgngee, 6~ome ~d 6e d~ ~d ~,yabl~, anythir.g in sa~ note or Fierein to t{~e confnary notwit~stnnding. Fai~we by !~e mortgages to exerciae any o~ the rig~b or opHona ~ierein provided sha~~ not constitute a wniver oj anq rigl~ts or options under said note or t6ia mortgage accrued or f{~erea~ter accruing. ~n ~~L11~ ~1`~Ol~ t~e said mortgngor has her~eunto signed and sealed these presents tl~e day and year (irst aboue u~ritten. Signeij, sealed and delivered in t6e presence oj_ -----1-------•---- - - --~~3._.- - , ~ STATE OF FLORIDA~ ~ CoUNTV oF ST. LUCIE. I HEREBY CERTIFY that on this day~ betore me~ an of(icer duly authoriud in the State aforaaid and in the County a[oresaid to take acknowkdgmenb~ pe»onally appeared FRANK E. B~tEWER to me known to be the person described in and who ezccuted the forcgoina iastrumrnt and he aeknowkdsed before me that he ezecuted the same. WITNESS my 6and and o[ficial s~al ia the County and State last aforcsaid this Ititil dar of March A. D. 19 66. ::~:'._.~c,~!t..--....._....... J ~ FI~ED FNG RECORDED ' --R@E~~00~ • , . e~e.~l~ 'r ~ , . • , . A~, 9 • y9 ~ , ~•!4t~ , ~ til'1 • l. ~1) ' . ~ . 't ,,i~ { . ~ ~ t , ~r.:.r : . : ~ • ..~~a~i~~~'.~\ ~-c~vf,SE~ ; : x`.~f r • , ~ ; . `ERK : ~ -_~'t"'~-- ' ~ ~~jt._:~ ~ ~ :E'`~~U~TY, t ' C s? - ST. Lil~' RID „ : - :i ~ ~ FLO A ~ : _ , ~ j ~ _ . ~ ._rv = p R . ~ - ~ ~ 5~ , . . = ~ BooK 14 • •:.•:t`<~``~;-.`.:i. - ' ,f . ~ • J i r~` , . . _ . . . . . . . . _ . . _ . . _ x ~ ~ ~ ~ s 7~" `~z-~.. ` , ;