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HomeMy WebLinkAbout0231and rhall perform, comply with and abide by each and every the ag-eewsenb, slipuletio-is, eortditia~s and eorenants thereof, and of the, mortgage. then this mortgage and the ertate herby created. rhall cease. de- termine and be null and void. the mortgagor hereby further eovertants and agroee to par promptly when dw the pincipel and interest and other auras of money provided /or in said note and this mortgage, a either: bo pay sU end singular the faxes. assessments, levies. liabilities. obligations. and encumbnanea of every rsatun on said pro- perty; fo permit. eorrtmtt or suffer no waste. impairrnertt or detertorotion of said land or the improwwunb thereon at any time: to leeep the buildings now or hereafter on said land jolly insured in a sum of not less thnn in a company or rnmpanies neceptabb to the mortgagee. the policy or policies to be held by, and payabb to, said mortgagee. and in the event any sum of money beeorrtes payable 6y virtue of such iruuronty the mortgagee shall have the right to receive and apply the same to the indebtedness herby second, weoorrrtting to the mortgagor for any surplus: to pay all costs. charges. snd eagreruea, including lawyer i jeer arsd title searches. reasonably incurred or paid 6y the mortgngee because of the jailttn o/ the mortgagor to promptly and jolly comply with the ngreemenis, stipulations. conditions and eowrtonb of said note and thL wortgage. or either: to perform, comply with and abide by each and every the agnerttents. stipulations. oortdifiotu and covenants set Jorth to said note and this mortgage or either. In the event the mortgagor /db 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 affecting the option to joncloee or any other right hereunder, and a!1 such payments shall bso' intarest from dab ther+eoj at the highest law- ful rate then allowed by the laws of the State of Florida ~L any sum of money herein re(ernd fo be not promptly paid within g~ days next a~jte- .. • t+•' . ~'' . i '", F;>j the same becomes due, or tj each and every the agreements. stipulations. conditions and covenants of said note and this mortgage, or either, ar+e not juUy performed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the cretin balance unpaid thereon. shall forthwith or thereafter. at the option of the mortgagee, bscorrte and 6e dw and payable. anything in sold mote or herein to the rnntnary notwithsfandtng. Failt.re by the mortgagee to exer+cwe any of the rights or options herein provided shall not constiftrte a waiver of any rights or options under said nob or this mortgage aarued or thereafter acc-uing. ~n ~litneSS ~I~ertof, the said mortgagor has hereunto signed and sealed these presenb the day area year first above u~ritfen. Signed. sealed rend aelinerea in the presence oj: (;/ ~~~' f~ ~rneat Jac n S Ta /~o T N ~ro son STATE OF FLORIDA, COUNTY OF $ t . Lucie I HERESY CERTIFY that oa this day, before ,ne, as dficer duly authorised in the State aforesaid and in the County aforesaid to take scknawledstneats, personally appeared Earnest Jackson and Dorothq Jaekaon, his wife to me known to be the persona described in and who executed the forr~oinR instrument sad they acknowledged before m< that thegexecuted the same. 1tiI'I'DiESS my hand and dficial seal is the County and State last aforesaid this '1 day d _ ~ulq A. D. 19 69. ~f. -• _ V ~•- J 7 !. G.w_- L~: ,•~ ~.S`~ti ;•. REOORDED,` FI~E~ E ~D~ atF1EO`A. ST. ~E C~R~ VE ~ .~ ia~ • IS '69 CORK C1R~~1'[ C s t10iAtiT tcal.lc 3T TLORtOII AT WEBS jtY C0(r?M~..11JIV FIitE5 APRIL lie BONDED TIIRY fRE~ M 61EA.EltlOiEt~ eoou~7~ P~ ,~~~, _s'