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HomeMy WebLinkAbout1294 atul shaU perlorm, comply wlfti and abide 6y each nnd ei~ery l~ie agreements, afipu~atioru, co?iditions and ctinennn~s thereoj, and oJ lhts mortgaBe, then lhia mo?tgage a~d !he e~tate here6y created, ahall cease, de- ~ermine and be null and i~oid. ~i1W 1he rnwlgagor hensby /urt~eer c~ovenanta and agreea to pay promptly when due the principal and inlenesf and other sums o~ money provided Jor In snid note nnd tl~is ~nortgage, or eifher; fo pay a~~ and stngular the taxes, asses~menis, levies, lia6ililies, o6li9ations, and encumbmnces of e~ery nalure on aaid pro- perty; to permil, commit or auJjer ~o waste, impairme~t or delerionnfton of said land or t1~e improuementa tI?e~+eon at any time: ~o k~?P the 6uildin9s now or F~erenjter on said land juI[y inscu~ed in a sum of not ~ess ~h~ full insurable value. • in a campany or companies nccepta6le to t~e mortgagee, fhe po~icy or po~Fcies fo be he~ by, and payable to. said morfgagee. onc~ in t~e event any sum of ntoney bec~omea paya~i~e 6~+ virlue o~ sucti i?uumnce the mortgagee ahall haue lhe ~ig6t to ~ceive and upply the some !o the inde6tedness hereby secured, aer.ounting to t~e morfgagor ~or a?ey surp~us; !o pay a~~ cnsfs. chargea, and expe?~ses. Inc~uding lawye~ s(ees u~cl til~e seanches, reasona6ly inc~ured o~ paid 6y tl~e mortgngee bec,~uuse of ihe failw+e oj t~e mortgagor to prompf~y anc, fully rnmply u~ilh the agreements, stipu~ations, eone~ifions and eouenants of saic~ note unc~ fhis mortguge. or either; 1o per/orm, complq wit6 nnd abide by each and every tke agreemenls, stipulations, conditions and covenartts set f orl{~ in said note and this morlgage o~ eit~et. ~n t~e eoent the mortgagor (ails !o pay u~~ien due any tax, ussessment, insuranc~e premium o~ ot~er sum o( money payn6le bq virtue o( satd nole and this martgnge. o~ eithe~, t~e morfgagee may pny t~e snme, u~ithouf waining or a~~ecting the option to ~orec~ose or anq otl?er rigl~t hereunde~, and alI such payments aha~1 bea~ interest /rom date tleereo( at the bigl~est law- /ul rate t6en allowed by !he Iaws o/ the State oj Florida. )L any sum o( money herein re(erred to lie not pr+omptly paid milhire 3~ days next af ter the same beoomes due, or ij encb nnd every !he agreemenfs, slipulations, oonditions arid oovenanla oj said note and tbis mortgage, or eit6er, are not ~ul1y per(ornied, oomp~ied tuiih and ab;ded 6y, t1~en iF~e entire sum mentioned in said note, and this mortgage, or the entine balance unpaid theneon, s6al[ j~ehw~~h or therea~ter, at the op~ion o) tl~e neorlgagee, become ~d 6e d~ a.?d ~~bl~, anythi~g in snld note or herein to t~e conlrQrq notwithslanding. Failure 6y t1~e mortgagae to exencise anq o~ t~ie rights or opttons herein prouided s{?a~~ not oonslitute a wniuer o~ any rig/~fs or opfions under aau~ note or this mortgnge accrued or t~er~eajter accruing. . ~n ~~~1~ the said mortgagor has her~eunto signed and sealed these presents the dny and yeat ~irsl aboue wrilten. . Signed, sea~ed and delive in t{?e prese?tce o/: - - - - --~-------,------...-------------------.Q~ ~ ~ - - . - ---------.-.------.---t~ As to Mr. and Mrs Howe CILLS M. HOWS STATE OF FLORIDA, ~ coUr~r~r oF ST. LUCIE I HEREBY CERTIFY t6ac on this day. 6efore me, an ofrcer duly authoriud in the State aforuaid and in the County aforesaid to take acl~nowledgments, peraonally appeam[ HOWARD F. HOWE and LUCILLE M. HOWE, his wife, to me known to be the person S descnbed in and w6o acecuted t6e toregoing instrument and ttl@31 acknowkdged before me that they e:ecuted t6e same. WITNESS my hand and ofiicial seal in t6e County and State last a(oraaid this 31St day of JanuarY, A. D. 19 67. - - - FllEO ANB RECORO~ Qtary public, State of Flor chat Large. gT~ ECORO VERIFYE~ y Commission expires : NOiA~Y MI~U6. iTAJE 0? 1~ua..~ 1523fi2 Mr co~w+,ss~o~, ~~~s ~~?r,. ~b, ~9~i •OMCt~ TMII~WM IR~Y w. ~1[~T[LNOIIfT '6t JAN 3 ~ PN 2: S i ~ . i ` ij ' . `C . . ' : ~ ti'~ ~ - RO~iC~ r Ol7RAS ' ~ CLERK CIRCUIT COURS •'+~7~'~ Y; r` - . .~t~• 0 R ~ ~ . . ~ aooK164 P~cE~ ~~t~_....~~ ~ ^ . , ~ : ~ - - , y~ k--~s ~'~T~•,; r~,~.~ :,`,q ~ _ ;:2~:;. ,~r ~ ~ t.:- -..P.~.