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
~
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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 ~ . _ _
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................~.L.~L~!G~!2..._. Sr. _
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