HomeMy WebLinkAbout0486and :hall perform, comply with and abide by each and every tits agreements, stipulations, eondittona and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and fie WWII and twirl.
the mortgagor Newby fwther covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and flits mortgage. or either: to pay all and
singulw the faxes, assessments. levies. ltabit;lies, obligations. and enctunbranees of every nature on said pro-
perty; to permit, commit or suffer no waste. impairment or deterioration of said land or the improwmenta
thereon of any lams; fo beep the buildings now or hereafter on said land fully insured in n atop of not Isss
than AigAe~et intaurf~Dle ~aunoLUit
in a company or rnmpnnies acceptable to the mortgagee, the polity or poltctes to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. aeeounfing
to the mortgagor for any surplus; fo pay all costa. charges. and expenses. including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the fatltu+e of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and Chia mortgage,
or either: to perform, rnmply with and abide by each and every the agr+eemenb. atipulationa. conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails 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 fo foreclose
or any othe- right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul mfe then allowed by the laws of the State of Florida.
~L any sun,of money herein referred io be not promptly paid within thirty days next otter
the same becomes due, or if each and eu~-tha agreements, stipulations, eonditiona and covenants of said
note and this mortgage, or either, are not fully performed, rnmplisd with and abided by, then the entire
sum mentioned in said note, and thin mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgages, become and be due and payable. anything in said note or herein
to the contrary notu•ilhsfanding. Failure by the mortgagee !o exercise any of the rights or options herein
provided shall no! rnnstitute a waiver of any rights or options under said note or this mortgage accnaed or
thereafter accruing.
~ `
~n ~~~~ ~Cf, the said mortgagor has hereunto signed and sealed these presents the
day and year jimt above written.
Ii''$ignetl a delivered 'n the presence. of
STATE OF FLORIDA,
couNTY of ST. LOCIE
I HEREBY CERTIFY that oo this day. before me, as
officer duly authorized in'4he State afomaid and in the County aforesaid to take ackaowkdaments, personally appeared
RONALD L. JOESTEN and LOIS A. JOESTEN, his wife,
to me known to be the person S described in and who executed the foregoins imtrument and they ackrwwkdaed
before me that they e:ecutea the same.
WITNESS my hand and official seat is the County and State last aforesaid this ~~ day of
August A• D- l9 69
'.
:, , s
rtiu rulrunrcrrl ~,~ ay:
Adair TMs Instrument was Prepared By:
Q R. 6AcDONAIA, JR.. AHoraey
Citaoas hdoral duildiny
H. Pierce, Horida 7I~50
,.. ~, ~ q --. _ . -,....a _ -. .
Notary PttbGr, State of Florida at large
!Ay to~traissioe Expires Nor. 13, 1970
t..a.ebw...K..r..ac....tic..
F1LE0 AND RECORDED
ST. LUCIE COUNTY. FLA.
;r ~OR(~ ~'ERI~~ED
181464
'69 A{'~ S AM t0: 32
CLERK CIRCUIT COURT
QOOK 179 PAGE 486
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