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HomeMy WebLinkAbout0148 ~ . and shnll perform, comply with and a6ide by each and every the aAreeme~ts, if3pu~ttont, condillons and ca~~enanta Ihereoj, and o/ lhis mortgage, ihon tl~is mortgage and ths esiafe herobr crooted, skall ceass, da. te~mtne and be nu11 and void. ~ t/~e mortgagor ~ewby ~uMher covenanfs aru( agree~ to ppy pmmplly when due tke prtncipal and • inferesl anc~ olhe~ sums o~ rtioney providecl ~or tn s~tt~ note and t~ti mortpage. o? either; to pay a~~ and singular fke faxes. assessmerets. leutes. ~labi~ities, obligations, and e~cumbrancea o~ every nnture on said pro- perty; to permif, commif or su~fer no waste. impairmenl o~ deterior+ailon o~ zaid land or Itie tmprouemenb t/~ereon at any Iime; to keep the 6uildings now or tierea(te~ on anid la~d (ully 1ru~u~ed in a awn o( not Iess ~han Fourteen Thousand Dollars ($14, 000.00) - - - - - - - - - - - - in a company or companies acceptal.je to the mortgagee. the po~icy or po~iNea to lie he~ by, and pnyob~a to. said morfgagee, anc~ in t~e euent any sum oj money bec~omea ~yab~ 6y ntrfue o( auch t~aurnnce the mortgagee shall haue !he rigl~t to ?eeeive and app~y the same to the I~tdebtedness hereby secuned, ac~oou~ting to t~e moMga~or jo~ any surptus: fo pay all c~osfs. charges. a~d expenses. fnclucltng jawyera `eea and tit~e ~ aenrcl~es, reasonab~y incunpd or paid by the mortgagee ~ecnrue o~ t~e ~ai~w+e o` the mortgagor ta pwny,~ly I and ~uIly rompfy wit~ the agreements, stipulafiores, cnndiJions and c~onenants oJ said aote and this mort9age. or eilhe~; to per/orm, cor~eply witl~ a~d abide 6y earh and every tke ngreements, atipulations, conc~itio~s and cou+enants set forlh in said »ote and this rnwtgage or either. ln f~e event fha movtgagor (ni~a to pay uahen due any tax, assessment, insumnce premium or of~er sum oj money payable by vtrtue oJ said nole and f~iis mortgage. o~ either. t~e mortgagee may pay t~e same. without watuing o~ aJ~ecting f~e option to ~orec~ose or ony othe~ ?igbt 1?ereunder, and all such pay~nents s1iaU 6ear interest jro~n dnte tl~ereoJ at tbe highest Iaw- ~ul rate lhen allowed 6y the laws . o~ the State o/ Flortda. 1` any sum of money herein re(e?red to be not prompl~y patd u~it~in 1~ days nexf a~ler ( the same becomes due, or i~ eacl~ and euery ll~e agreements, sfipu~ations, conditions and rnvenants o~ sui+~ ( note and t~is mortgage, or eifher, ure not ful~q perjonried. comp~ied mil~i and abided by. then t~e entFr+e ~um mentioned in said .~nle. and t1~is mortgage, or tF~e entir+e balanos unpnid iber+eon, rhall jorthwit6 or therealter, at t~ie opfion o( f~ie mortgagee, became and be due and pa~?able. anything in am~ note or hereli? to fhe eontrory notwitl~sfanding. Failtue by the mortgagee to exee+cLe wey of the ~ghfa or opNons herein proufded s~ia« not constifute a waiver o~ any righta or optioru rue~er said "nofe or thts mortgage nc~ued br tbereajter accruing. ~n ~~~1~ the said mortgagor leoa hereunto signed and aealed tkeas presenls the day an~ year Jirsf aliove mrl~tte~. Sign se and deli~?ered in the pres ce'~j: . • • - - . . - - - ~ ° - - ~ ~ l-----.._ - - - . STATE OF FLORIDA. ~ _ coUrrrv oF ST. I.UCIB. I HEREBY CER1'IFY that w? tltis daq, b~ore me, an o((icer duly authorized in the Stau aforesaed and in the County aforesaid W take acknowkdgtatnts, perso~iallp appeared I JAMSS M. YARffitOUGH and TEBI~MA YARBROUGH, his wi fe, to me known to be the perwn S descri6ed in and wlw e~cecuted the fongoing iastrument and ~1@y acknowkd6ed ~ before me that '~ey executed thc same. WITNESS my hand ar~d otficial seal in the County and State last aforaaid this 31.8t day of AUgUBt~ A. D. 19 67. ~ ~ . - _ . i 4~ ~ - i j~ ~11E0 AND RECORDEt3~_ T_"_""_Or~' ~1oc~'U~ Q 1~~ j ~ ST. WCIE COUNTY. fLA. . :1••1,~,;r;-, ° , RECORt~ VERIFi~O ' 3 1 7 ' 15~S _ ~ ~bo . : ~ d' : '6T AUG . 3 I AM 10 : 56 ; ~ : -r ' ' ~ ° I C7~t%LLl.GV ~ . .....-;;~t ~ j~ s L"v:. i: FO:Tt~ :3 ,~~r,r ~..s~n+ GLERK CIRCUtT COURT . i~ ' i~ - ~ • . . I - _ - : _ - -