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HomeMy WebLinkAbout2370 and shall per(orm, comp~y with and a6ids 6y eacl~ artd ei~ery t~e ag?eemenb. ttipu~ationi, oondlttons and coi?enanls thereo/, and oJ l~is morfgoge. IItlR thts morlgage and Ihs esta!• her+eby cTeated, ahaU csas~, d~- lermine and 6e ~uII an~ voicl. ~ t~p mortgaflor I~e?uby ~urfhe~ covenants nnd ag~es to pay promptly wl?en dw tl~e prtnctpal nnd interesl nnd olher sums o~ money provtded ~or i~ sald nole and t~ts mortgcge. or eilhsr: to pciy a~~ wtd singu~ar fhe taxes, assessmenfs, ~e~ies. ~tabt~ifies, obllgations, and encumbronc~es o~ every nnfure on aaid pro- perfy: to pe~mit, commif o~ suf Jer no waale. Impatrment or delerio?ntton o~ :atd Ia.~d or fhe improaemenb therecn al auy lime; to keep !he 6uildtnps now or herwa)ter on said land /ully iruured in a sum o~ R6t less tl~an the maximum insurable amount in a company or companies accepla6le to the morlgogee, the poltcy or poltctes to 6e held by. ~d p~yabl~ to, said mortpa~eP, anc~ en fhe eae~t any sum of monep becomes paya6le 6y viriue b( suc~ insurance f~e mo?lgagee sI~aII I~uve the riyht to ?eceive and npply the same to the inde6tedness kereby secured. ncc~ounttng fo l1~e moHga~or ~or ony surplus: fo pay a~~ rnsts, charges, and expenses. including ~awyer s~ees arul tit~e searches, reasonably incumKl or paid by 1he mortgagee because of t{~e ~ai~ure o! the morfgagor to prompf~y and /ully comply wit~ lhe ag~eements, stipu~ations, conditions ond rnvenants oj satd note and this ~nortgage. o~ ei!{~e~; to per/orm, c~omply with nnd abide 6y each and euery the ng?eements, stipulations, conditiona nnd covenants set jo~t6 in snid note and tkis mortgage or eithe~. In the event the enort9a~ jatls to pay u~hen due any 1ax, assessment, insurance premium or other swn oj money payn6le by vtrtue of snld note nnd thu mortgnge, or either, the mortgagee may ~y ~I~e same, wif{~out waiving or a(jecttng the option to forec~ose or any olher rtql~t herwunder, and al~ suc1~ payments shall bear interest /rom dnte lhereoj at !6e I~igl~est law- (ul rale Ihen allowed by fhe laws oJ the Slate o/ Florida. any sum oj money {~erein re(er?ed fo 6e not promptly paid ~~th~nthirty days next u~ter Ihe same 6ecomes due, or i) each and every 16e agreemenfs, stipulntions, conditions and couenants of said note and this mortgage, or either, are not ~ully perjormed, compliec~ wilh nnd a6ided by, l6en the entir+e sum mentioned in said note, and this mortgage, or the entire bulnnce unpnid ther+eon, sknll forthwitl~ or !{~ereajter, at the option o) the mo~tgagee, 6ecome and 6e d~ ~d ~ya6l~, nnything in said note or herein to the conlrary nolwithsfa~ding. Failure 6y t~e nnortgagee to exercise any oE t~e rights or opHons hereFn proc~ic,ed s~n~~ nof constilute a wainPr ol any rig~fs or opfions under saic~ note or f~fs mortgage uccrued or t{~ereaf fer accruing. ~n ~~~Q~ ~~~1~ 16e said mortgarlor I~ns hereunto signe~l nnd sealed these presenia tl~e c~ay and year ~irst abore u~ritten. Signed, sealetl and cle~i in the sence o/: ~ ~ ~ ~ - ~~--.J - - - v - . ~ . _ ------1_ - - - = Q~ . . 1.--. - - - - I : ~ i ~ ~ ~ STATE OF FLORIDA, COUNTY OF St. LUC].2 ~ • I HEREBY CERTIFY that on this day, bdore me~ au ofticer duly authorized in the Statc a(oresaid and in the County atoresaid to tak~ acknowkdaments, penonally appeared HAROLD J. SULLI VAN and DOROTHY J. SULLI VAN , hi s w if e to me known to be the perso~ S described in and who executed the forcqoinq ir~strument ~a they ackaowkdged i before me that th@)/ ncecuted the same. ~ WI7'NESS my hand and of6cial seal in thc County and Sutc last aforesaid this da~ o[ ~ - A. D. 19 68. ~ _ • f C~~~~)~'~. ~ ~ ~ . , , Notary Public , State_ of F~+Qrii3a• : at Large. ~ - - FILED A~SD RECOROF ~ - -r. ~ , y~ c' ~ ~ ~ . . • ~ My commission expires ' ~j ~`f: f'~ ' 1649~4 '~B t':~ ? 5 ~'~i ! : 3 ~ ~ . . , ~ t:~~ - r.:.:- ~ ~ ~u~T ~ ~;Zu.~;f~r' 4T C C~-~= v ~ 8d~li~~V PA~E~~ ~ _ _ " .._~..~..s._ - - - ~ _ , ~ 1_ _ _ + ~.=:z