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HomeMy WebLinkAbout2850 and sha11 perjorm, comply with and a6tde by each and ei~ery the agreements, sttpulattoru, condittona a~d ooaenanfs fhereo~, and o) l1~is r?~o~tgage. Ihen this morlgage. and f~e estate ~ereby created. t~a~~- cease. ds- terrr~tne and 6e nul! ond ~~oid. f~e ~?eorlgapo~ I~eru6y Jurf~er covenants and agreet to paq promplly when due the p?trtcipa! and inler~eat onc~ otl~er sums o~ money providecl ~o~ in sai~ note and fhis mortgnge, or eit~er; fo pay a~~ and sinflular the 1a.res, assessmenls, levies, 1ia63lities, obligations, and encum6rancea o~ every nat~u~e on saicl pro- perfy; lo permit, commif or su~fe~ no wasfe, impatrmeni or deterioration of said land or the improvemen4 Ihereon at any iime: to k~ep Ihe buildings now or herea(ter on said Iund Jul[y Insured tn a sum o( not Iess If~an in a company or comparties acceptable to the mortgagee, !~e po~icy o~ policies to be heid 6y, and payable to, said mort9agee, and in tl~e event any sum o/ money becomes ~yeb~ by Uirtue oj suck insurance t6e morlgagee sha~~ /~ai~e the rigtit lo receive and app[~ the sarne to ll~e tndebtedness hereby seciued. nccounting fo ihe mbriga~o~ (or any surpj~u; to pay al~ costs, c~arges, and expenses, inc~uding latuyer i~ees and fifje searches, ?~~o~abiy incirrred or patd by tl~e mortga9ee 6ecause oj tl~e juilure o~ the mortgngor to promptly and jully comply wilh thp aereemenls, stipulalions, condilions and eovenants o( said note and thia mortgage. or eifher; to pe~form, comply ~vith and a6ide 6y eacie and every the agreemenls, stipu~afions. conclitions anc~ rnvenants set Jo~th i?i said nofe and this mortgage or eithe~. /n fhe event tke mortgagor (aila to paq w~ien aue any tax, assessment, inswance premium or of~e~ sum of Money ~,ya6t~ 6y viHue of snid note ancj thia mortgage, or eithe~, ihp morfgagee may ~y ~he same, without u~aiving or af~ecting t~e optton to foreclose or any otlter rigi~t hereunde~, and aII such payneents shail bear inte?est ~rom date thereo/ at the h+tghest law- 'U~ M~P ~~PII Q~~OWCA ~y ~lIR laWS O~ ~II@ S~Q~P o/ Florida. ~l any sum o~ money ~erein re(erred to be not promptly paid within ' cjnys next a~ter the same 6ecom~s due, or iJ each and every t1~e agreements, stipulations, conditions ond covenants o/ satd note and t1~is mortgaflp, or eil6er, are not j,.rr,, pe~/ormed, complied wi~h and ab~ded by, the~e tl~e enti~+e sum mentioned in said note, and this mortgage, or the en~ir~e baIance unpatd theneon, ihall ~'orthwith or therea/ter, at the option o/ 1he mortgag~e, become and be due and pnyable, anything in said note or 6erein fo t/ie contrnry not~~ifl~standing. Failure by the inor~~agee to exerrise ony of the rights o~ opttons ~erein providecl s~a~1 nof consfilufe a u~aii~er o~ any righfs or options under saicl note o~ this mortgnge ac~cn~ed or f~erpa~l~r accruin~. ~n ~itness ~hereof~ !{~e snid mortgagor has hereunto siyned and sealed tl~ese presents the ~ay ana year jirsf al~ovp trrilfen. Signecl, sealec~ ncI delii~eretl in fF~e presence oj: . . ~ L~ ~ ' _ - ---~,,c~-~.~---------G..t--~--------- - - - ~ .s ~ ~ STATE OF FLORIDA, ~ I COL!ti'TY (1F $'p. LUCIB I HEREBY CER?IFY that on this day~ betore me, an 'b((icer dul}• authorized in the State aforesaid and in the County aforesaid to tak~ acknowledgments~ penonally appeared ~ HAROI~D E. Kffi.LY and VIVIAl~ B. RSLLY, his wife ? ` to me known to be thc persorg describcd in and who ~xecut~d Ihe for~goin.q instrument and thejl acknowiedged beforc me that they ~x~cuted the same. ~ \~'ITNESS my hand and officia? scal in th~~ County and Statc last aforesaid this 27th day of i '~ly A. D. l9 68 / , ~ ~c/ , ~ ~u~,.~ ~~cz~~~---:-------~ ~ ~ ' F~L.EQ, AND RECORDEp' ~ ~ Sf. LUCtE CO NTY ~OTUr ?n~t~~ sr~tE af ~o . PE:C~Rn ~~U~~F,~FLA. MYCO~++~SStoN Exn~t N~ tz,~i9i1 ~[O TNlO{!qq /Rt0 w. OI[fT[LMO11!* , c.~ sf:,~,~ -16J~'0'?' r~~ ~iJUl. 3 I AM IO : 3 I FILEfl AND R ~ ~ . - ECORDED ` ~ ,~j~ ST. LUCtf. COUNTY. FLt.. ~ _ - - : ~ ~'iI• ~ ~r. - : =«e~~?: ~ o~z~ ~ 169~_S3 ~ ~ ~L-~RK CIRCUIT COURT F~'c~'~RZ~O~~~,V 'u8 .t!!?. 29 PM 3: i 8 .~,~o~c,~c.Q~Tl' c~ ,Tl d00K 7~ PA6E Sc)J BOOK 1/ z PAGE 2~T~2 ~ o'"~ s C _ ..l.E~iC CIRCUIT COURT , ~ ~ - - ~ r, _ . ~ ~