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HomeMy WebLinkAbout1256 and shnll perf orm, comp~y wi~h and abide by each a~d every t~e ag?eemenis, atipulations, condilsona cu?d coi~ena~ts Ihereoj, and oj this morfgage, the~ Ihts mortgage and tl~e estate he~+e6y created, s1~aII cease, de- le?mine and 6e null and ~wid. 1U~ fhe morfgagor F~e~by iurt~er rnuenanls and agrees to pay promptly when due t1~e princtpal ond inte~sf and ofher sums o~ money providecl for in saic~ note and Ihia morfgage, or eifher; to pay a~l nnd singu~ar the faxes, assessments, jeuies. ~iabi~iiies, obligatlo~s, and encumbrances of •every nature on sQid pro- perty: to permif, commit or su~fer no waste. impairment or deterioration of satd bnd or the trnproe~emenfs thereon at any lime; to lreep tl?e buildtngs now or ~e~?af ter on caid land f u~~y insurnd in o sum o~ not ~es~ fT~an $Z ~ gpp,00 fire and extended coverage !n a company or comp~ereie: aaceptQ~ile !o the mortgagee, the pollcy or policies ~0 6e held by, and payable to, said morteagee, ond in t6e event any sum oj nioney becomes ~ya6i~ 6y virtue oJ such iresurance the mortgagee si~a~~ have t~e rIgl~t to receive and apply the snme to the indebtedness 1?ereby secured, accounting fo ttie morfga~or (or a~y surplus; to pny alI rnsls, c~a~+ges, ancl expenses, inc~uc~tnq ~awye~ s~ees and tQt~e sea?+c{~es, reasona6ly incurred o~ paid by t~e mortgagee becnuse o` f~ie jai[ure of the mortgagor fo promptly ~ und /ul~y comp~y u~it~ fhe agreements, sflpu~ations, condifions and covenanta o~ saic~ note anc~ fhts mortgage. or either: to per(orm, comply with and abide bq ench and enery the agreementa, sltpula~ions, eonditions nred covenants sel /o?th in said note and this mo~tgage or eithe~. ln the euent the mortgagor /aila !o pay w{~en due nny tax, assessmenf, insurance premium or othe~ srun oj ?~o.,ey ~yabl~ by virlue o) saitl note ancl this mortgage, o~ ettl~e~, the morlgagee rriay pay fhe same, without waiuing or a~~ecting the optton to ~oreclose or any otl~er riglrt hereunder, and alI such payments shall 6ear interest (rom dnte thereo/ at the hig/~est law- ~ul mte t6en allowed by the laws oj the State o~ FTorida. J! uny sum of money herein ref erred to be not promptly paicl within . "15~ c~ays next af ter ~ fhe same becomes due, or JJ each and every the ogreemenls, slipulotions, conditions and coaenanls o~ said , nole a~d t6is mortgage, or either, are not f ully perjormed, complied u~ith and a6ided 6y, lhen the entire sum mentioned in said note, and this mo?tgage, or tbe entire 6alance unpaid thereon, sha~I jo~lhwith or tf~ereajter, at t1~e oplion o( the mortgngee. 6ecome and 6e due and paya6le, unything in said note o~ 6erein to fhe contrary nolwil6standing. Failure by tl~e mortgagee to exer~cise anq of t~ie rig~its or options ~erein providc~ sha~~ not constifule a waiver of any rig~ts or options under saie~ note or t~i~is mortgage nccrued or • thereafter nccruing. ~n ~~N`~ W~0`~ fhe said mortgagor has f~ereunfo signec~ ancl sea~ [hese presents t~e c~ay an~ year jirsf above u~riften. ( Sign , euled and i ered i f~e presence o/: t ~ I . • ' - - - . , - ..-•-------------•---------•------1-----...---------••----------------------------------- - _ . , . ~ ~ STATE OF FLORIDA. ~ cov:v~rv oF ~CIE I HEREBY CERTIFY that on this day, beforc mt, an ~ officer duly authorized in the State aforesaid and in the County aforeuid to tate acknowledsmrnts, pcrsonally appeami June L.•Gelineau, a single adult t ~f to mc known to be the penon described in and who executed the [ongoing instrument and SYl@ acknowkdged ~j before me that Sl'1@ ~xccuted the same. WITNESS my hand and of~cial seal in the County and State last atotesaid thu 3 • day of J~~rY A. D. 19 6~. (j _ . i! ~ - • ° ~_.s . ~yGr~. FILED ANO REO~IRO ` Notary ublic, State of Florida at .1,~: ~ E R ST. LUCI~ EOVNTY.~~' Large. My commission expires: s ~ RE~ORO VERt~lEO - ' ~ Tt n ~ r,-; _ . ~ ~ ~ t' J ~~v.~~'' ~ ~ ~ . 152338 ~ ~=~a~0~' ROGER POiTRAS . tiLERK CiRCUlT EOURT il o a aooK t64 ~1255 , = ~ - - ~4 ~ ~ ~ ~ ~ ~a~ ~ti _ _ . - ~7~z r ~ _ ~