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HomeMy WebLinkAbout0956 and shnl~ per(orm, comply wilh a~d a6ide by each and every t~e agreemenis, stipu~atIons. condtttona and - couenanls the?c?oJ, a~~d o~ thls morfgaae, then 1hls mortgage and ~h~ eatate f?ereby c?~?nted, shall eease, de- ~ermine an~J be null an~ voicl. ~ fhe mortgaflo~ hen~6y Jurther covenants nnd agrees to puy promplly when dua the principa! and t~terest ond olher au~ns_ oj~oney provtded /or in aaid note and fl~is mortgage, or either: to pay nll nnd singu~ar t~e faxes, assessments. ~euies, ~ia~i~ilies. ob~igations, and encum6r+nnces o~ every nalure on said pro- perty; !o pernnif, commii or ~uf~er no waste. impairment or deteriorotion o~ said la,id or the improvemenfs ll~ereon at any time: to k~P thR baildinps now or hpreajter on said land jully insiued Iri a sum of not less than I~IIL in a rnmpany w compnnies acrepta6le to the mwtgagee. the policy or policies to 6e heW by, ond paya6le to, aaid mortgagee. anc~ in ftie event any sum o~ money bec~omea ~xiynbl~ 6y virtue of auc~ inswn~ce fhe mortgagee ahall have ihe ~iph! to ?~eceive and apply the aame to the indebtedness hereby secured, acoounting to fhe morfgagor ~or any surp~us: to paq al~ costs. c~a~ges. ona~ expenses, inc~uding ~awyer s jees antl tit~e searches, .~ona6ly inci~ or paid by the mortga9ee 6ecause oJ tl~e /ailure oj the mortgagor to promptly and jully comply with the agreementa. stipu~ations, c~onc~ifions and c~ovennnts o~ said note nru~ f~ts mortgage. o~ eithe~: fo pe?form, comply with nnd abide 6y each nnd e~ery the agreements, stipulations, conditions and couennnts aet /orlh in said nole ~d th~ mortgage or eitbe~. In the enent the mortgagor lails to pay when due any tax, assessment, insiu~ance premium o~ other sum o/ money paqa6le 6y virtue oj said ~ote and eh~ mortgage, o~ eilher, !he mortgagee mny pny the same, without waicting or.a~~~cting the option to forec~ose or nny o1F~er rtght I~ereunde~, and all such paymenta ahaU b.,-ar interest /rom dnte thereo~ at the highest law- Jul rate tl~en allowed 6y tl~e Iaws o/ the State oj Floridn. ~L any sum o~ money her+ein ?e~erred !o ~ie not prompt~q pnid within thiY'ty daya next af ter the same becomes due, o~ ij encb nnd euery !he agreements. atipulntions, conditions and rnvenants oj said note and l/~is mort9age, or eilhe~, ar+e not jully per(orntecl, c~omplied u~itl~ and a6~d~d 6y, then the entire sum mentioned in said note, ~d ehu morlgoge, or the entine balancae unpaid t6eneon, shall /orthwith or t{~erea~ter, at the option oj the mortgagee, 6ecome and 6e due and paya6le, anyt6ing in said note o~ herein to the oonfrary notwit~stnnding. Failure 6y ehe mortgogee fo exeniae any o~ the rig{~ts or options herein provided s~a~~ not c~onstiiule a u~aioer o! anq rig~ts or opfions untle~ saic~ note or f~is morlgage ac~crued or l~e?c+af ter accruing. ~n ~~Ul~ ~~~1~ ehe said mortgagor has her+eunto signed and sealed !{~ese presents the day and year jirst aboae wrillen. ~ g~ se and 'uered in the presence of : - - y1'l. ~ , , . I ~ STATE OF FLORIDA~ ~ COL'NTY OF ST. LOCIE I HSREBY CERTIFY t6at on this day. be[ore me. an ; o(6cer duly authorued in the State atoresaid and in the County aforesaid to tak~ acknow]ed~[ments, penonally appeared ~ ~ i i FI~O~YD iZLCH s ~ to me known to be the person described in and who executed the foreqoing instrument and ~ acknowkdged ? before me that h@ executed the same. ~ WITNESS my hand and official seal in the Couoty and State lut atomaid this 3Q~~~.:.: • ~day oE January A_ D. 19 68 - -i = ( ; ' ~ _ , , ~ . _ - • ~ ~ . , . - .t . . --------------------s_......:------ __._r_.__..___ FIIE~ AND RECORDED .:r~::'~~:•~.~.~=''i`'i~~c ~ ~ ~ ~ ST. LUCIE COUNTY. FLA. M~~ry ~~~'~•.35r0 j ; ~ , ~ F~E CORD VERIFIED : ~ ~ ` . ; ~ 1639~s . 'v ~ , . ` ~ i '68 JAN 3 I PM 0 9 ! ' ~ o~~ ~ ftO;~R ;'Of7R:.5 • il ~ CLERK CIRCUIT COURT i ~ - i = I i I! BOOK1r~O PACE ~75c~ ~ ` I~ ~ ~ : s` ~z+~x.,.E' ~ '"`s ~ v~,'~~ d _ _~~~'-~f'~ _ . _