HomeMy WebLinkAbout0432and shall perjot•m, comply with and abide by sack and every the ngrosments. stipulations. eondilioru and
cvvenants thereof, and of this mortgage, then this mortgage and the estate hereby orated, shall cease, de-
termine and 6s null and raid.
the mortgagor Newby further cavsnanb and agues to pay promptly when dw the principal and
interest and other sums of money provided jar in said note and this mortgngs, or either; to pay all and
singular the taxes. cuseasments, levies, babtlities, o6ltgntions, and encumbr+oncei of every nature on said pro-
perty; to permit, commit or suf jer no waste, impairment or deterioration of said land or the improvemenb
thereon of any time; to peep the buildings now or hereafter on said land fully insured to a sum of not less
than Seventeen Thousand and No/100 - - - - -
in acompany or companies acceptable to the mortgagee. the policy or policies to be held 6y, and payable
to, sold mortgagee, acid to the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall bane the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all costa, charges. and expenses, including lawyer i fees and title
searches, reasonably incurred or paid bq the mortgagee because of the jailors of the mortgagor to promptly
and fully comply with the agreements. stipulations, conditions and covenants of said note rend this mortgage.
or either; to perform. comply with and abide 6y each and every the ngr+eements, stipulations. conditions. and
rnnenants 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 eithe-, the mortgagee may pay the same, without waiving or njjecting the option to foreclose
or any other right hereunder, and all such payments shall bear Interest from date thereof nt tht highest law-
juI mte thin allowed by the laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid within 30 days next after
the same becomes due, or ij each and every the agreements. stipulations, conditions and covenants of said
note and this mortgage. or either, are not /ully performed, cemplted with and•nbided 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 be due and paynbls, anjthing in said note or herein
to the conir+ary notu,ilhstanding. Failure 6p the mortgagee to exercise any of the rights or options herein
provided shall not consfitrrfe a u•aivpr of any rights or options under said note or this mortgage accrued or
IheMajfer accruing.
I
~n ~~~ ~~~f, 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:
---... ... ----• --•--!IRO .. ...........
STATE OF FLORIDA,
COUNTY OF 3T. LUCIB
I HEREBY CERTIFY that on tlw day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
CLARBNCB T. GIB30N and MARION L. GI890N, his wife
to me known to be the person s described 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 4th. day of
August A. D. 19 69.
--~
fiLEO AND RECORD
~81 ST~f~f.CORO ~ERIFIED~?~~M SSION EXTC ES NnvOA jZ,k197t
~~ eOMD[O TMROt1aM rREO 1e. OIEftTEIMOU~~
S
•,
.=-y
-i ~
.;, 1
'69 AUG 4 PN 3 : 2 0
ROG[_R i~01TRAS
CLERK CIRCUIT COURT
aooK 179 ~ 432