Loading...
HomeMy WebLinkAbout0040and shall perform, comply with and abide by each artd every the agreements, stipulation's, rnndttions and rnvenants thereo/. and of this mortgage, then this mortgage and the estate hereby created, shall cewe, de- termine and~'be null and void. - ~1~ the mortgagor hen+by further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either: to pay all and singulor the tares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty; to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements fherecn al arty time: to peep the buildings now or hereafter on said land /idly Insured in a sum of not less than in a company or companies acceptable to the mortgagee. the policy or policies fo be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by vi-fue bf such insurance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor Jor any surplus; to pay all costs, charges, and expenses, including lawyer's fees and line searches, reasonably incurred or paid by the mortgagee bemuse of the failure of the mortgagor to promptly and fully rnmply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or of f ecfing the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- f ul rate then allowed by the laws of the State of Florida. ~l any sum of money herein re(ened to be not promptly paid within thirt3/ days next of ter the same becomes due,, or if each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, a! the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not consfittrte a waiver of any rights or options under said note or this mortgage acrnred or thereafter accruing. ~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year' first above u~rilten. Signed, sealed and deli red in the presence of Fernando ~. au(chene ith~~~B:,a~ib~iene STATE OF FLORI~/~1: Lucie COUNTY OF $~~ii I HEREBY CERTIFY that on this day. before me, an officer duly authorised in the State aforesaid and in the County aforeuid to take acknowledgments, personally appeared Fernando J. Beauchene and Judith B. Beauchene, his W1le to me known to be the person described in and who executed the foregoing instrument and they acknowledged before me that they executed the same. WI7'1VESS my hand and official seal in the County and State last aforesaid this ~ 6th day of July A. D. 19 69 FILED At~D RECORDED ST. LUCIE COUNTY. F ~. Notary Public, State of Florida ~'~~ at Large " ~ 'p9 !!~1 28 ~'~'~ ,? • ~ 8 M Commission Expires: ~`~, .... ~~F,. ..181142 ~~ ~. nAT[ or iLNWA AT wat ~-~ MY CAMMtSS10N ExrIREf OCT. 1Q 1970 -_ ;;, irtrtotrett f.taSD r, wsrTSLttefist ~~" '~ ~ : N ~'0~: t -: 1'nl'r(7NJ _ +':: ~~ : rr, CLERK CIRCUIT COURT 'f - ~.. ,-, ~, ~ '~ _ •„~