HomeMy WebLinkAbout1652 B, t~ha,t if said. J~'oi~~a~or~ahaall~ pa~y u~to the ~aid .1Kort~a~ee
the certain pnomi.s8~
o~~iiote, of :ahi;ch th.e follourin~ in w~omt~r a,n~t ~it~rai~es ' a true coPlV,
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to wit:
8e~ copy of not~ attached to swrtQaq~ r~cord~d.
in O. A. BoWc 176, pag~ 1061, public r~cords o! ~ ~
St. Luci~ Covu?ty. l~larida.
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and shatl perform, conzpty with and obide by each and every the stipulactions, c~gree-
ments, conditions and covenants of scr,id prnmissory note and of this deed, then this
d~e~~ uracl tfi~ est~acte ~iereby created sluLll cea,se and be null c~nd void.
~I~1 the sa,id .hfortgd~or hereby covencants and cagrees:
Z. To pacy all aru~ sin~uldr the principal and interest mnd other sums of money
~x~yuLle by virtue of sacid prnmissory note and this deed, or either, promptly on th.e
days respectively the same severa.ll:j co~ne dzce.
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[ 9. ~'o pacy all and sin~ular th,e tac~es, assessments, levies, liabilities, obliga.tiorr.s
~ and enciimbrcances of every nature on said described prnperty each and every, cind if
~ the sdme be not prnmptlb paid the said JK'ortga~ee may at any time par,y the same
~ iuithout waivin~ or aj~ectin~ the opti,on to foreclose or ctny ri~ht herercnder, and every
pvu,rment so ma,de shall bear interesi from the date thereof at the rnte of per
~ cent. per annurri.
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~ To pacy acll acnd singuldr the costs, char~'es and expenses, inctudin~ lawye~'s
~ fees, reasonably incurred or pcaid at czny ti~ne by sdid Mort~ocgee becduse of the failure
~ on the part of the said J~lortgac~or to perform, comply with and abide by ecach and
~ every the stipulations, conditions and covena» ts of said prnmissory note and fhis deed,
or eather, dnd ~very such pa.yment shall bear interest from date at the rate of
per cent. per annunt.
l~. To keep the buildin~s now or herea~~ZlQ~~~ land insured in ac sum not les$
thanshirty-o~de ~iundred, Eiqhty-nine rs, tn ca company or corrapanies to be
approved liy scaid .iKort~d~ee, ctnd the policy or poli,ci,es held by and p~xyable to Sa.id
,hfortga~ee, and ira the event any srcm of m,oney becomes payable under srcch poti,cy or
policies, the .~ort~acgee shalt hhcrcve t/ie option to receive and atpply the xame on accouRt
of tlie i.ru~ebtedness hereby secrcred or to permit the JKortg'a~or to receive and use it; or
- anJ part thereof, for other purposes, without therebJ waivin~ or im-pairing any eqrcit f
lien or riglrx under or by virtue of thi,s mortgc~ge, and ntay place and 7vccy for Such
insuracnce or any part thereof, without wccivia~ or ca~'ectin~ ~tfie option to joreclose or .
any ri~ght hereun~er, and each and eve~y such pa,yment sh~all bPar int~ereRt from. d~te
cat the rczte of per cent. per annu~n.
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