HomeMy WebLinkAbout0599and shall perform, comply with and abide by each and every the agreements. atipulnttoris. conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, :hall cease, de-
termine and 6e nt:ll and void. -
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the mortgagor hen+by further covenants and agrees !o pay promptly when due the principal and
interest and other sums of money provided jor in said Hots and this mortgage, or either: fo pay all and
singular the taxes, assessments. levies, liabilities, obligations. and encumbrances of every nature on said pro-
perty: to permit, rnmmif or suffer no waste. impairment or deterioration of said land or the improvement
thereon of ally time: to Ieeep the buildings now or hereafter on sold land fully Insured in a sum of not less
than the unpaid principal balance due on this mortgagqe
in n rnmpany or companies acceptable to the mortgagee, the policy or policies to-6e held by, 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, accounting
to the mortgagor jor any surplus: fo pay nil costs, charges. and expenses. including lauryer s jeer and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and Jolly comply with the agreements, stipulations, conditions and covenants of said note and tht mortgage,
or either: to perform, comply with and abide 6y each and every the agreement, 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 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the some, without waiving or of feeling the option to foreclose
or any other right hereunder, and all such payments shall bent interest from date thereof at the highest law-
f ul rate then allowed by the Laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid~pC when ~~~~
the same becomes due, or if each and every the agreements.. stipulations. conditions and covenants of said
note and this mortgage, or either, are not jolly performed, complied with and abided by. 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. 6eeome and 6e due and payable, anything in said note or herein
to the eontr+ary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itntSS whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Si Baled and delivered in the presence oj: ~
. , ~G~!u~'d~
-. ---David M-- ~ s
- - -- -~------------ `gin- -~• -.. -- --- --- ---------------------®
----- - - -- - .-~.- p - - Meeks
ST. UCIE COI! TY; FI.A: ~ --_--.....~
---------------------------------------------- -----'`~~- AUG 6 PM 3:54
RG;,cR r01TR isl~l
STATE OF FLORIDA, CLERK CIRCUIT CO RT:
COUNTY OF ST. LUCIE I HEREBY CERTIFY that on thu day, before ate, an
officer duly authorized in the State aforesaid and in the County aforesaid to take ackswwiedgments, personally appeared
H. DAVID MEERS and MARY E. MEERSr his wife,
i - ~ <- acknowled
to and _kr~h~,i~ be the penong described in and v~o executed the forcgoina instrument and they ~
~~;e ~. ~t'they executed the same.,
- ~"' ~,~A~9'taIESS my hand and official seal in the County and Sts last aforesaid. this day ~
~'~~ - - A. D. 19 69. f
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~ c, U ~; - . - .... p-o - -i - , -ate orida
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Wer the undersigned Itlortgagees, hereby agree to the terms
set out above. ~ "
L.S.
Ray F s er