HomeMy WebLinkAbout0053and shall perform, comply with and abide 6y each and every the agreements, stipulations, rnndttion: and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and twirl.
7in~ the mortgagor hertrby further eouenartfs and agrees fo 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
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty: to permit. commit or suf jer no waste, impairment or deterioration of said land or the improvements
Iherecn al any time: fo keep the buildings Horn or hereafter on said land fully insured in a sum of not less
than maximum insurable value
in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money 6ernmes payable 6y virtue of suck insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay all rnsts, charges, and expenses, including lawyer's fees and ttfle
Searc-tPS, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor !o promptly
and jolly comply u~ifh 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, rnndifions and
covenants set forth in said note and this mortgage or either. -n the event the mortgagor jails fo pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, tuithout waiving or affecting 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 mte then allowed 6y the larus of the State of Florida.
~` arty sum of money herei-t referred io 6e not promptly paid within 30 days Hex! after
the same becomes dug, or i( each And Peery the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid !hereon, shall forthwith or
thereafter, at the option of the mortgagee. become and 6e due and payable, anything in said note or herein
to the contrary nottuithsfanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said Hole or this mortgage accrued or
thereafter accruing.
~n ~itnfSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above trritten.
Signed, ~tled and delivered in the prnsence of c
Z~ ~~...-----• ------ ............
al
Kendall
Ronald D.
STATE OF FLORIDA,
couNTY of ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
J. D. KENDALL and RONALD D. KENDALL
to me known to be the person Sdescribed in and who executed the foregoing instrument and they acknowledged
before me that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this
July A. D. 19 69 •
• FWTAftr PDBIIC STATE DF flCEl.9.1 AI DIRGE
•~'• pAY COMMISSION E)"Plhu APRIL 30~ 19`~
. • _-,8'DttD[D i!'d-U FRED W. D:w1tJ.tit?r~Si
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%~ day of
r
otaryF~>~$1~~D RECORDED
ST. LUCIE COUNTY. FLA.
Oj~
'69 t!~'~ 28 Z : 57
181151
CLERK CIRCUIT COURT
GERALD S.1A~IE:
Tlris hutrumcrrl prrpared by: At ~ ~
Addn~ ~ ~i bl 800I(~~9 P~ACf
iirt 1'i~^i4 Y~fit11
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