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HomeMy WebLinkAbout0709oral shall perform. comply with and abide by each and every the agreements. stipulations. condittorts and eovenanta thereof, and of tha mortgage, then tha mortgage and the estate heroby crrnted, shall cease, de- termine aced be null and twid. the mortgagor hereby further covenants and agues to pay promptly when dw the prtncipstl and tnterest and other sums of money provided for in said note and this mortgage. or either: to pay all and singular the taxes. assessments, levies. liabilities. obltgatioru. and encwnbr+artes~ of every nature on sold pro- perty: to permit, commit or suffer no waste, impairment or deterior+ntion of said land or the irt~provemen4 thereon of any time: to beep the buildings now or hereafter on said land /ally insured in a sum of not less than in a company or companies acceptable to the mortgagee. the policy or policies to b. held by. and payable to, said mortgages. rend in the event any sum of money becomes payable by virtw of such irtstunrtee the mortgagee shall hate the right to receive and apply the came to the indebtedness hereby secured. aoeounttrtg to the mortgagor for any surplus: to pay all torts, charges. and expenses. including lawyer i fees and titb searches. reasonably inctvred or paid by the mortgagee beeawe of the failttre of the mortgagor to promptly and fully comply with tha agreements, stipulations. conditions and covenants of said note and this mortgage. or either: to perform, comply with and abide by each and every the agreements. stipulations. conditions. and rnrenants set forth to 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 ofletting the option to foreclose or any other right hereunder, rend all such paymenb shall bear interest from date thereof at_ the highest Inw- f ul rate then allowed by the lau-a of the State of Florida. ~` any sum of money herein referrrd to be not promptly paid within thirty days next after the same bernmes due, or if each rend every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed. amplied with and abided by, then the entire sum mentioned in said note. and this mortgage, or the entire balance unpaid thereon. shall forthwith or thereof tom. at the option of the mortgagee. 6eeome and 6e due and pajrable. anything in said rwte or herein !o the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or optioru herein provided shall not conslittrte n umiver of any rtghes or options under said note or this mortgage accrued or thprrafter accruing. ~n ~~~ ~~~f, the said mortgagor has hereunto signed and sealed these pressnb the day and year first above u-ritten. . sealed and delive in presence of .~t.1 ~... ...................................... ........................................................................................ t® ~~~ ' FLORIDA, ~F St. Lucie I HEREBY CER'T'IFY that on this day, before IDe, sw authorized in the Stair aforesaid aad in the County aforesaid to take ackaowkdSCnenu, personally appeared Lillie Mae 9aith wn to be the person desrn'bed in and who executed the torrSoinS imtrument and She acknowledged :hat She executed the same. 'NESS my hand and of[icial seal in the County and State last aforesaid this 6th day of A. D. 19 69 • 181608 FllEO AND RECORDED ST. LUCIE COUNTY, FLA. ;;r_rpF^ ~~~RIFIEO '69 ~!~^ 8 ~M 10 ~ 59 R~~GE~~ ?OITP.~S CLERK CIRCUIT COURT ~~.~~,,, rOtAOY ~BklC. iiATE OF ~C~ A~i1u~ MY `ORYItilOtt EXf1fIEi p11DiD i/~~n Er1iD w. DIi~7iV/WN~~ t- tt ~/ j~ r' _ . } ~~_.y - '• Y rl ~ ~' ~. ~ _ ,~, ~F'~irlrla111~````` aooK 179 ~~E ,708