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HomeMy WebLinkAbout0414and shall perform, comply with and abide by each and every the agreements. stipulations. conditions and covenants thereof, and of this mortgage, then lhts mortgage and the estate hereby created, shall eeose. d~- termine and be null and iwid. the mortgagor Newby further covenants and agrees to pay promptly when due the pMncipal and interest and other sums of money provided for to said note and this mortgage. or either: to pay all and singular the taxes, assessments, levies, liabtlitiea, obligations. and encumbrances of every nature on said pro- perly; to permit. commit or suffer no waste, impairment or deterioration of said land or the improvements thereon at any time: fo beep the buildings now or hereafter on said land fully insured in n sum of not less than 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 becomes payable by virtue bf such tnsurnnce the mortgagee shall have the right to 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 lawyers fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and rnvenants of snid note and this mortgage. or either: to perform, comply with and abide by each and every the ngresments. 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 affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Inw- (ul rate Ihen allowed by the laws of the State of Florida. ~l any sum of money herein referred to be not promptly paid within thirty days next after the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of snid note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in snid note, and this mortgage, or the entire balance unpaid thereon, shall iorthwifh or !hereafter, at the option of the mortgagee, become and be due and payable, anything in said noes or herein to the rnntrary notwithstanding. Failure by the mortgagee to -exercise any of the rights or options herein provided shall not constitute n waiver of any rights or options under snid note or this mortgage acr.,ued or thereafter accruing. ~n ~~LIIQSS ~h~eof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, sealed and delivered in the presence oj: /~~~. J . ~~ Barnard Harrison t~ Nell Harrison STATE OF FLORIDA, couNTY of ST . LUC IE I HEREBY CERTIFY that on this day. before ax, an officer duly authorized in the State aforesaid and in the County a[oresaid to take acknowledgmenu, personally appeared BARNARD HARRISON and HELL HARRISON, his wife to me known to be the persona described in and who executed the foregoing instrument sad they acknowledged before me that they executed the same. WITNESS my .hand and official seal is the County and Sute last aforeuid this ~~,~;/ ' day of August A. D. 19 69. FiLEO ANO RECOROE01. ST, LUC1E COUNTY: FLA. RECOP.D VERIFI~O ~' t 69 AUU 4 PM t . 28 181444 ROGE'2 i•O1TR:,S CLERK CIRCUIT COURT ~tnm~ent Was Prepared B] ~,u rw,~~~~91~i~ay~Q~~a~,1R. O. Bax 3? 30 Address ~aukrson Bullding .~ . y~A~'•^ •.~n.~~y Notary Pub c ; •; ~~ •:: ~.:,~;~• My Commission ExRrires ~ l 7 ~ ,• ~~'~ • /) ::•: ~- _ --~~ ~ Notary PYbtlt. State of Flnrid3 at G+7~c~ }'• , ;_- My Commission Expires Dec.~6; ~9 pOrtded by Transamerica insu~~A~•Ci~,,, .(Q it ,, •..- _-,- •~: G ~- ~ . f.. •. . ~~K179 ~~ ~.4 s -_ ~~.~