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HomeMy WebLinkAbout1180 nnc~ shal~ pe?~orm, comply wifh and a6ide by ~uh anc~ e~+ery t~e og?eemenis, stipu~atlona. conditIona at~ covenants lhereof, and o( this mortgage, then Ihis mo?fgage and Ihe estute hereby created, shal~ eeaae. cre- termine and be null and ~wid. ~n~ fhe mu~fgagor I~en+by (urlher covenanls and agrees to pay promptly when dw the principal and inferest ane~ ofher sums of money provic~ed jor in saicl nofe ancj Ihta mo~tgnge, or either: to pay a~~ ane~ sinflular the tax~s, assessments, Ievies. Iiabilities, ~bligalions, and encum6mncea of e~ery nature on said pro- perty: to permif, coi.amif or su~jer no waale, impairment or deteriorofioR oJ satd l~d or the improvemenfs thereon at any time: to RPPP IhP 6uilclings now or {~errajte? on sa~d la.~d Jully tnsured in a sure~ o~ not lesa t~an in a company ur companies accepta6le to the mortgagee, the policy or policies to 6s held 6y, and pnyable to, said mo~tgagee, and in the ei~e~t any sum oJ money 6ecomes paya6le 6y virtue o) auch insurance t1~e Mo~t9a~ee shatl ha~~p the right to ~eceive and apply ff~e same to the inde6tednesa here6y secured, aeeounttng to the mortgagor ~o~ ariy surplus: fo pay a~~ cosfs, charges, ancj expenses, tnc~uding ~owyeri feei nne~ fit~e searrhes, reasona6ly incurre~ or Pa~d 6y rhp mo~fgagee because o~ i{~e ~ailure o~ t~?e mortgagor to promptly and ~u~~y comp~y u~ith Ihe agreemenls, stipu~alions, con~itions nnd coveaants oj said note and Ikis mortgage, or eitf~er: lo perf orm, comply u~ith nnd a6ide 6y eacl~ and euery the agreemenls. stipu~ations, conditions ane~ covenants set Jorth in said nole and this mortga9e or either. In the e~ent the neortgagor fails to pay wl~en due any tax, assessment, ins~uance prrmium or otl~er sum of money paya6le 6y virtue oj snid note and tkis morlgage, or either, 11~e morlgagee may pay t~e same, u~ithouf wniving or a~fecting !tie opfion to jorec~ose or any other rig6t hereunder, and all such payments shall 6ear interest )rom date iherroj at the I~igl~est law- /ul rate then ollou~ed 6y Ihe lou~s of Ihe Slate oJ Florida. ~l any sum of money herein re(erred l0 6e not promptly paid within thil'ty days next a~ler the same 6pcomes due, or iJ each and every fF~e agreemenls, stipulations, eondilions and covenanls o/ said note and tl~is morfgage. or either, are not jully per(ormed, complied witF~ and a6~d~d 6y, then !he entire sum mentioned in said note. nnd f1~is mortgage, or the entire 6alance unpaid tl?er~.wn, shall ~orlhwith or thereaf te~, at Il~e option o( Ihe mortgagee, 6ecome and be due and payable, anyll?ing in snid note or heretn to fhe confrary nofwil~stan~ing. Fai~urp 6y ~hp morfgagee !o exencise any oj fhe rig~ts or opfions her+ein provided sha~~ nof conslifufe a u?ai~~er oJ any rights or options unt~er sait~ note or this morlgage ac~cruec~ or IhereaJler accruinfl. ~n ~itness ~bereof~ the said mortgagor'has I~ereunto signecl and seulec~ tl~ese presents fi~e c~ay anc~ year Jirsf a6one u~ritlen. Signecl, sealecl and dplivered in the presence o): L1ZZ1E KNq~lIES ~ - STATE OF FLORIDA, ~ COUNTY OF St. LUCi¢ I HEREBY CERT'IFY that on this day. before me, an of(icer duly authorized in the Stat~ aforesaid and in the County aforesaid to take acknowledgmenu, personaliy appeared L~ZZ~e W~oVles to me tnown to b~ the person describcd in and who ezecut~d the foregoing instrument and 3~12 acknowkdged be[ore me that St16 exccuted the same. . WITNESS my hand and official seal in the County and Statc last a(oresaid this 2~~= ~~i 'i ~ i l~~' ~ar of . March A. D. 19 ~ . _ _ . . • ~~r . . . . i: , . . ~ • ~ . - : / . ~ . ................~.L.~L~!G~!2..._. Sr. _ , V ~ ~ . ~ , 1 AND RE~~~~~~R_ g00K _ ' ~ , F1`E .~~~--~~'~v- ` ' ~ N , ~ ta u~~~ '`,'~`0!?• t s r~~`~ •sv'•~" . ~-/?'I•~'"~'ll : y0 ~ 6 ~ ~ ~ ~ ~ . . . . 6 - ~ S y ~~3~~L~RK ~ ~ Y , , ; _ O~TE.' COVNT ' ' . . . R S • LV~ pR1DA - ' - , . - FL i-~": 0 R ~ r'~;7''•'~' is: BooK 40 - 577 = s~.~,; _ j,-~• r_~.1~11' • ' •1 ~ \ ; i~ ,j~ ~~11~~~~ 1 . ~ ; . ' 1 S`^v.. " . _ . . . _ ~ ~ _ _ : ..,~`.C3rs~~~f.~'~-.S«._?.`vM. a+'.~ ~ . . ~.eSS' _ . .