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HomeMy WebLinkAbout1296 iI anc~ shall perform, comply wtth and abids by each and ei~e~y the agreamenls. stipu~afiont, c~o~itlau and co~?enanls 11~ereo~, nn~ o~ fhis mortpage. then fhis mortgage and f~e estate h~e6y creafe~. ~~au c~eas~. de- lermine and be nul! and iwid. the mo~tgagor her~~6y jurther covenants and agrees to pay promptly whea due the principal aad inte~+est and ofher sums o~ money provided jor in said n~te and lhit mortgage, or elftier to pay al~ und stnpular the tares, asaessments, levtes, lia6ilities, o6ligntions, and encum6rnnces o/ every ~aturs o~ satd pro- perly; to permil, commit or suf~er no u?nsfe, Impai~me~t or dete?ioration oj saic~ ~and or f~e improvemenb thercwn nt any time; t0 ~Pp~l IlIP huildin~s now or hen?a~ler on Qo~d l~~d (ully insured in a sum oj not less t6a~ maximum insurable value thereof in a company or companies accrpfabje fo fhe mwtgngee. t~e po~icp o~ policiea to be ~e~ by, ~d ~ya6l~ fo. sai~ mortgagee, on~ in tl~e euent any sum of money becomea r,nya6i~ 6y virlue of such insurance fhe mortgagee shal! ?~nue 1he right to receive and npply Ihe same to the inde6tedness hereby aecured, aoeounting to fhe mortga~or jor any surplus: to poy n~~ rnsts, cha~ges. ancl expe?~ses, tnc~udtng lawyera ~ees and tit~e searche:, ?easona6ly incurrnd or paid 6y the mortgagee because of the (ailure o/ the mortgagor to promptly i and ju~~y comp~y wil~ the agreements, stipu~utions, conditions and eonenants oJ s~d no~e ~d ~hts m~e9n9e. or eif~?e~; !o per(orm, comply u?it/~ a?id nbide 6y each and every t/~e agreements. stipu~ations, conditiona and ~ rnuenanls set ~orth in said note and this morlgage or either. /n tl?e enent 11~e mortgagor (ails to pay when due any tax, assessment, insumnce premium or ot1~e~ sum oJ money pnya6ls by ~irtue oj aaid note and t6is mortgage, or either, f~e morfgagee may pny f~e same, without wai~ing or ajfecttng fhe option to joreclose or any other right hereunde~, and all such payments ahaU bear ~nterest jrom dnte the?~eo) ot f1~e higl~est law- ~(ul rate then allowed 6v the laws oJ the State oj Florida. I ~l any sum o~ monev {~erein re(errec~ to be not prompf~q paid within thirty c~aps next a)ter , ~ the same becomes due, or if each and every tl~e agreements, stipulations, eonditions and coveiwnb o/ said ~ note and Ihis morf~age. or eiil~er, are no! julIy ~~/ormed, c~omplied witl~ and a6~ded by, tlten the entire ~ sum menlioned in snid nole. and this mortgage, or t6e entir+e balance unpaid thereon, s1~aU jorthwith or thereajter, at t6e option oJ t1~e mortgagee. 6ecome and 6e due nnd paya6le, anything in said note or f~erein to the conlrary nolwithslanding. Failure 6y tbe mortgagee to exerciae any oj the rigF~ts or opNons he?ein provided shn« not eonstilute n iuaiver oj any ?ig~ts or options under snic~ note or this mortg~ge accnied or ~hereajter accruin~. ~ ~n ~itness ~h~reof~ the said mortgngor 6as hereunto signed and sealed these presents t6e ~ay an~ year firsf abone u~riffen. Signed, sealed and delinered in ti~p presence oj: . - ----~G_~?.l~,cJ f~~-- - • Willis O. Lang , ~ - ; . . - ---~.~~---------------------~1 - - ~ Jeny e1- Lang ~ - ~ - ~ i ~ ~ ~ I ~ l STATE OF FLORIDA. ~ ~ COUN~ oF ST . LUCIE ~ I HEREBY CERTIFY that on t6is day, beton me, an officer duly authorized in the Statc aforesaid and in the County aforcsaid to take acknowledgments~ penonally appeared ~i WILLIS O. LANG and JENYETHEL~.LAN6, his ~wife, to me known to br the person 8 dcscribed in and who executed the forcqoing instrument and they acknowkdaed t ` before me that they ~x~cuted the same. (I ~YITNESS my hand and of[icial seal in thc County and State last aforesaid this ~t2'1 day of i` ~ April A. D. 19 6$. i, r r - ------(i~.l.. NOTAR C, State of orida ~ ~ v~~',.~;;: lU'~ at I~arge. y~; , # ~ ~ ' ~ ` ~ ~ ~ CORDE~ My coagnission expires : - - ; : ' A.fi aN0 R~ ; , 4_ FILED r pU i~Y~ FLA• ~ r~~=:.~ ;r.• c, : : g?, LUCt,. C~, ~,rS-. ^ -n ~ . C~ = r.r.^ ~ • }~k - : Q ; 212 ~ : lss r',,^ ' v~ . '~~~yf ~,~'u}j~o;:~u~,..•~ ,68 Qp~ ~ 6 P~I 2. 30 ~ ''::~J,~1~~~,?,,•~,, - /f///J~~ ~ i t` ~i.iA~~'~ ~ ' `•U 'i ~IpURT ~ I CLERh~CIRCt11T ~ ~ ~i QoKi 7 1 PACE1~94 I ; _ _ . ~ _ _ - iz~ =