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HomeMy WebLinkAbout0100 " and shall pe?Jorm, comply with and abide by eac6 and every the aAreemvnb. stipulatioru. condtttoos nr~d covenants the?eoj. a~d o/ thb mort9age, tl~en thia n~ortgage and tfie estate keroby c?~wted, ahaU ctiw~, d~- termine and be nul! and iwid. ~ ti~e mortgagor he?vby ~urtl~er covenanls a?uI agreas to pay promptly wl~en dw !IN prtncipal an~I ~ tnte?+est ana other sums of money prouided ~o~ in satd note anc~ tkit inortgage, or eti4sr: to pay aU and sinpu~a~ the taxes. assessmenfs. levies, Ita6ililies. ob~igafioru, ~d ~cu,nbron~, o~ ewYt? naturo on said pro- perty; to per?nif, commit or su1Je~ no waste. impuirment or deterioration of aaid ~and or fhe improvemenb fl~ereon at any fime; to keep ff~e bui~ings now or hereaf te+r on said land ju~~y insured in a aum o~ not jsss than in a eompany or companies acceptable to !he mortgagee, 1he policy or poltctea to 6e :.ald by, a?~d ~xiya6l~ to, said morfgngee, anc~ in the event nny sum o~ money bec~omes nn~61~ 6y vutue of s~ec~ truurance ihe mortgagee shnll have the right to receive a~d opply the same to t1~e indebtedness f~ene6y secwed. aooounting to i~e mortgagor for ar~y surp~us; lo pay alI ~oJts, cl~arges, and expensea, inc~uc~ing ~awyers lees and titG ssarc~es, reasona6ly incurred or paid by t~e mortgagee becauss o` t~e f ailure o~ t~e mortgagor to promptlr nrtd ~ully compjy wi11~ fhe agreemenfs, stipujations, oonditiona nnd covettanb oj satd note and this moregage. or either to perjorm, comply witlt and abide by eacl~ and euery the agreementa, atipulattona, -c~onditions and covennnfs sef jorfh in said note and this morlgage o~ eithe~. In t1~e event the mortgagor faija to pay when due any tax, assessment, insurance p?emium or other sum o( money paya6le by virtue oj s~d nolt and this mortgage. or either~. the mortgagee may pay the same, wtthout waivifig or al/ecting ihe option to ~o~+ec~ose - or any otl~er rigl~t hereunder, and aII sucb payments shull bea~ tntereat Jrom dale theneoj nt tl~e I~ighest law- (uI rale there allowec~ by the laws of 11~e Stnte o/ Flo~tda. ~L any sum o{ money her~ein re%n~ecl to be not pnompt~y pald wit~in tgirty daY+ next a~t~ the same becomes due, or ij each and e~~ery 1he agreemenls, alipulations, conditions nred oovenants o/ said ~ note an~ this mortgage, or etfher, are not (ully ~,~ornted, comp~ied wit~ aru~ a6idecl by. l~ien the enlii+s ~ sum mentioncd in said note, and this mortgage, or t6e entir+e 6alance unpaid tl~er~eon, shaU ~orthwtth or the?eajter, at the option of 16e morlgagee. 6ecome and be due and paya6le, anything in said note or 6ereln ; fo the contrary notwii~stanc~ing. Fai~ure by t~e mortgagee to exer+ciae any of t~e rig{~b or opHons ~erein { proaided shaU not constitute a waiver of any rights or options under aaid nofe or t6is inortgage ac~ued or t~ereaJter acrrtdng. ~ ~n ~~LII~ ~~~1~ the said mortgagor ?~as F~er~eunto signed and aealed these preaents the ~ day and year f irst aboue wriflen. Signed sealed and deline e esence oj: ` . ' ` , , , ' •d~~--~•-----~----~ I ~ STATE OF FLORIDA~ ~ covrrrx oF St . Il.uc ie I HEREBY CERTIFY that on thi: day. be[ore me, an o[ficer duly authorized in the State aforaaid and in the County a[oresaid to tak~ acknowledgments, penonally appeared ~ walter and ~arli¢ King ; i to me known to be the person g described in and who esecuted the (ongoing instrument and th~~(~u,tlt~q~ed=~ before me that th~ executed t6e sama = v;.~lY 7 U 1(~ j~~ f~~''_ WITNESS my hand and ofGcial Kal in the County and -State last aforesaid this 2~~~` d y~y%bF~ June A. D. 19 68. _ 1~ .`~~"t~ ~G':, , • ~ ~ ~ ; ' • ' :y; ~ . . . • . - : - . . ~ . . . . , . ~ . _ _ . ''i~~ ` 1 • ~~I - FILED AND RECORDED ~ ST. LUCIE COUNTY, FLA. No~ar9 Pu~c. ~+a+e ~f ~Ft~rst~a=s~P'~~e :r ~r~r ti=?t~~E;: MY Commission Expres Oct. 21, 1968 ~c~no tionded by. Amencan ~urety Co. Of b„ Y, V ~ '68 ~ AM 9:25 ~ ~~Ut : R'.5 CLERK CIRCUIT COURT ; s ; ~ ~ ~ ; _ ; t i _ _