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HomeMy WebLinkAbout2418 and shall perjorm, comp[y wtth and a6ide by eacl~ and e~~ery the agreemenls. slipu~nttona. conditton~ at~ coaenanta thereo/, nnd oj tl~is mortgage, t1~en thts mort9age and Il~e estats here6y cieated, ahal[ cease, de- fermine and be null and void. ~ tF~e mortgago~ he?v6y JuNher covenants and agrees to pay promplly when due tl~e pNnctpal nnd inlerest anc~ of~er sums oj money provided jor in saic~ note and f~ta mo?tgage, or ett~er: to pay all and singular the taxes, assessments, levies. IIa6tliftes, ob~igations. and encumbr+nncea o~ every nnfure on sntd pro- pe~ty: to perntif, commit or su(~er no wasle, impairment o~ deterio~ntion o~ sa~d bnd or fhe iniprouements fher+eon af any time; fo keep the ~ui~~ings now o~ hereu~ter on said land /u~ly insurnc~ ia a sum o~ nof ~ess than Maximum Insurable Value in a company or companies noeeptable to the mortgngee, the policy or policies to be hald 6y, nnd ixiyable to. said morlgagee. and in the euer~t any sum o~ money becomes payab~e by vlrfue o~ such insurunce fhe mo~tgagee shal! haue t{~e right to receive and npply the same to the inde6tedness 1?ere6y secured, acc~ounting to the mort9apor jor any surplus: to pay all owb, cl~nrges, and expenses, includi~g lawyer's jees ond litle seanches, reasona6ly incurred or paid 6y the mortgagee because of t~ie ~ni~w~e o~ t1~e moNgagor to prompt~y ~ and jully romply with tke agreements, stipulations, condttions and covennnfs oJ s~d note ~d t~ts mo.tga9e. o~ eif{~er; to perform, comply with and abide 6y each nnd every t~e agresmenta, stipulations. conditions aru~ covenants set jorth in said note and t6ts mortgage or either. In the eoent Ihe moiigagor ~ails to pay wl~en due nny tax, assessment, insurance premium or ot6e~ sum o/ money payn6le by ~irtue o/ sa~d note ~d thu mortgage. or either. the morfgagee may pay t~e same, without wuiaing or a~~ecting the optton to (ot~e~close o~ any other rigl~t hereunder, und aIl sach payments ahnll bear tnterest Jrorn date thereo/ at tlu hlgl~e:t law- /uI ?nfe then aUow~d by eh~ Iaws o{ the State of Florida. 1 sL any sum of money l~erein ?e(erred to be not promptly paFd wlthln thir~y cjays nexf a~ler ~ the same becomes due, or i/ each and every the agreements, stipulations, c~ondittons and cot,ereurets o/ said note nnd t6is mortgage, o~ either, a?e not f ully per/ornted, c~omplied witle and abided by, then t6e entire sum meneioned in said note, and tleis mortgage, or tl~e entirie 6ulanoe un~uid tl~eneon, sl~aU ~oMhwitl~ or t~eer+e~aJter, at the option o~ t/ee ~reorfgagee. 6ecome nod be due and payable, anyt~ing fn satd note or herein fo tTie contrary notwitl~stancItng. •Fuilure 6y the mortgagea to exencise any of the rig~ts or options ~erein pnovidec~ shn~~ not eonstilute a waiver o/ any rights or options under said note or t~is mortgage accrued or therea~ter accruing. ` ~n ~~N`~ ~,K`L~~~ ftie said mortgagor has heneunto signed nnd senled these presents f~e day und yecir first aboue wriften. Signed, se !ed a~d delive in the_ resence oj: - . ~ ~ . - - . . ; V . F . D can , ~ ~ ~ - - - - ~ , tRQ~(J .L'.~'~'G~fil/ - - - iYIi.e ii Diincan ~ STATE OF FLORIDA, ~ coUH~rv oF St . Lucie ~ ~ I HEREBY C6RTIFY that on this day. be(ore me, an o(ficer duly authorized in the State aforesaid and in the County aforesaid to tak~ ackaowledgments, p~rsonally appeared V. F. DUNCAN and WILLIE JEAN DUNCAN, his wife ~ to me known to br t6e person described in and who executed the for~going instrument and they acknowkdged . before me that they exccuted the same. ~ WITNESS my hand and official seal in the County and State last aforaaid this ~ 7~ da of + ,~,,.....u~~~~,,. ~ February A. D. 19 69 I % : .yv1' ,~Y r~ J ~GG, . . . . I . : ~ 1 ,i ~ ; _i • C ~ _ ~ . - ~ 0------ Notary Public - Sta w • at Large o~: 1~' , FI~ED ANO RECORDEO My Commission Expires. OU ,v •i~`~- g?. LUC1E ~ NTY. FLQ. . ~~..Q~r~ v~r~1~~ED • • ~ 3 ~i. S~ ~ f 1`74830 ~ lI fY.: '69 f EB i i PM 2: 06 4~ ~ as Rpr•E ~r OITR RT CLERK CIRCUIT COU II ~ ~ 7~ P~~~~~~ - _ ~ ~ ~ _ ~ ~ . ~ ~ _ ~