HomeMy WebLinkAbout0405and shall perjorm, comply with and abide by each and every the agreements. sttpulntioris. conditions and
covenants ihereoj, and of this mortgage, then !iris mortgage and tits estate hereby created, shall cease, d~-
termine and be null and void. _
~11d the mortgagor hereby jureher rnvenanis and agrees to pay promptly when dw the principal and
interest and other sums of money provided jor in said note and fhb mortgage, or either: fo pay all and
singular the faxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty: to perms+, commit or suf jer no waste. Impairment or deterioration of said land or the improwmenb
thereon of any time• to kee the 6uildin s now or ereajter on said land fully trtatlred in a sum of not less
than THE AMOUNfi HEREgF REMAIN>~IG UNPAID
in a rnmpany or companies acceptable to fire mortgagee. the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue bj such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, nceounting
to the mortgagor jor any surplus: to pay all costs. charges, and expenses. including lawyer t fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor !o promptly
and jolly comply with the agreements, stipulations. eonditiona and covenants of said note and fhb mortgage.'
or either: to perjorm, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and .this mortgage or either. 1n the event the mongagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payaltle by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without 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 iaw-
(uI rate then allowed by the laws of the State of Florida.
7` any sum of money herein referred fo be not promptly paid within 1 S days next after
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the same becomes due, or ij each and every the agreements, stipulations, rnnditions and covenants of said
note and this mortgage, or either, are -tot fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage. or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee. become and bs due and payable. anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constiftlte n waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~~~ ~~O y the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sealed ,~~jd delivered in he present oj: n D
«'~'`' -
ona 1 d E. Be 1
Margare`t~ Woods Bel i
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
DONALD E. BELL and MARGARET WOODS BELL, his wife
to me known to be the person s descn'bed 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 ~ D~ day ~
.lu 1 y A. D. 19 69
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FILED ANO RECORDED
ST. IUCtE COUNTY, FLq.
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