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HomeMy WebLinkAbout0568 • and ahal! pv?/orm. comply tutth and a6ids 6y eacl~ and every the ag?eemenb, atipulattona, condletons and coaenanb thvreo% a?~d oj this'mortgoge, then tl~ia mortgage and the eatnte heroby croat~d, ihall c~ew~. d~- tennins and b~ null nnd void. - ~ the moNgngor hereby jurfher covennnb and agroq !o pny prornpt~y wken dut th~ pr[nNpa~ and interest and other suma oj money pro+~ided ~or in said note and thls mortgnge. or either: to pay uU a+~ atngular fhe tnxea. asaessmenla. ~evies. Gabi~ltlea. ob~igatioru, ond encumbr+ance+ of e~ery nature on said pro- pe?ty; fo permit, commi! or auf jer no waste. impairment o~ detertoration o~ ,atd la.~d or ehe impe~oven~enb thereon at any time: to ~eep the bulWinga now or hereajter on aaid land (u~~y i~urea in a aum of not ~sas than ---------------~'~1A7CIM~! INSURABLE VALUS------------------------ , tn a com~xi?~y or compant~ ~P~able eo ~l~e ~ore9a9ee. ihe Poltc~r o. po~:~ ~0 6e held 6y. ~d ~ya6b to. said mortgagee. and tn f~e enent any sum oJ money ~ieaoi?tea pnpabie 6y airtue of auch inauranc~ the morlgagee sl~alj have the rtgl~t to receive and apply Il~e aame to tl~e indebtedneu here6y secured, accounting to the mortgagor (or any surplus: to pay all owb, chn~es, and expeases. including lnuryer's (eei and titk aew~cl~ea, reasonably incurred or pnid by the mortgagee 6ecause o/ the ~atlure o( the mortgagor to promptly and ~u~ly comply with the agreemenfs. stipulations. cnrtditiona and cevenanb oj a~td no~e a.~d tf?ts ~nortga9e. or either: to pe~/orm. comply with nnd abide 6y each and eoery the ngreemenb, stipulations, canclitions and covenanfs aet forth in suid note and t~is neorlgage or etther. In tke eoent t~e morlgagor f~I~ eo p.r when due «ny tax. assessment. tnsumnce premium or other sum o/ mo~? ~yabl~ 6y virtue oj said note cnd this mortgage. or eQther. the mortgagee may pay t~e aame. withouf waiuing or a`f ecting t1~e optiort !o jw+ec~ose or aRy oth~ .t9ht he.~w~d~, and nU such paymenta shaU bear interest (rom dute fhereoj at ilu I~Ighest bw- ~ul rale then nUowed by the laws o( the State oj FloRda any sum oJ money 1~erein refen+ed to be not p~+omptly paid wifhin Thirty daJ?+ next ajte~' t/~e same bec~omes due, or iE each ared every the agreements. sfipu~ations, oonditions and covenanb o~ said note and lhis mortgage, or either, are not /uUy performed, c~omplied with and a6~dad br, tl~en the enlire iun~ mentioned in said note. and Ihis morlgage. or th e~ntine bala?ic~ w~paid thereon. s1~aU f orthwith or tl~erea~ter, at the option o~ ti~e Mortgagee, 6~Me ~d 6e d~ ~d ~~61~, anything in saicl rwte or her+si~ to the contrnry notwitl~standing. Fatlure by :he mortgagee to exenciae any of the ~g1~b or opttons her+ein prouided ahaU not oonstifute n wniver o~ any righfs or opfiona under said note or this mortgage aoaued or t/~ereaf ter accruing. ~n ~~1!`~ ~ the snid mortgugor I~as ?~ereunto signed anc~ sealed tl~ese presenls the aay and y~. jirst abo~e written. Signed, sealed and deG ered in th resence of : - - - - , - - - Glen W. Power - - - - ~ Beatrice C. Power - i i ~ ~ STATE OF FLORIDA, ~ CouN'rit oF ST . LUCIE I HEREBY CERTIFY that on this dar, beforc me. an officer duly authoriud in t6e State aforaaid and in the County aforesaid to take acknowkdgmenb~ perwnally appeared GLB1T W. POWER and BEATRICE C. POWER, his wife, to me known m be the persoag darn'bed in and who executed the [oregoing instrument and they acknowkdaed before me that theyexccuted the same. WITNESS my hand and of~cial teal in t6e County and State last afornaid this ~a~ day of December A. D. 19 68. c~- ~i r G; . c o.,~'. ~ ~ . . ~ OROE~ ~ , . f 11.EDC~E CpUN?Y.~p~A• _ - ' ' ond~ ~ . , sT• t-F ~Rn vEa~F~ No1try P.~rc, stz'.e o1 A_;,?~:.µ~. R :1~35`75 µY t. ~,1.. o ~i ; - AM . . i ~ ~ .~a?+~,w~ : ~ , • : - JAN ~ ' ' '69 d' 3,•°t •'i~. ~ - ~~~~w ~ ?TRAS ~ RK c~RCwT ~~~a7 c~ ~ ~ . ~ _ - ~ - ~~f~ .t;, = ` _ ~ ~