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HomeMy WebLinkAbout0840and shall perform. corrtply with and abide by each and every the agreerrtenes, atlpulsttoris, eo.tdlttorts and eovtnanb thereof, and of this mortgage. titan this mortgage and the atnte hereby cheated. ahaU cease, de- termine and 6e null and void. - the mortgagor kereby jurtitr covrtanb and aprws b pay promptly when dw the princtpol sari enteresl and other stsrru of money provided for in raid note and this mortgage. a eet6er: b psy all and aingula- fhs taxes. assessments, levies. liabilities. oblignteorts. and encumbrances of every n¢tun on ssid pro- perty; to permit, commit or ruf j4r no wane. impairment or detaiohntion of raid land or the improtrements thereon at any time: to beep the 'i~iildings now or hehsa(ter on raid land f ally around !n a stun of not less than.---------------•-- IMU+! INSURABL$ VALUE----------------------- in n y or earryartier accepla to the mortgagee. the policy or policies b 6e held by. and payable to, said gages, and to the evens an .tun of money becomes payab4 6y trfrtw e-j such tnsur+ance the mortgagee all have eke right to recetve~d~td apply the some b the inde6lednesr hereby securrd, aeoountersg to the moreg or for any surplus: to pay all 1psb, charges. and expenses, including lawyer i fees and Htb searckes, reaso bly incan+ed or paid by the mortgages because of the failure of the mortgagor to prorrtptly and fully comply 'with tke agreements, stipulations. eortdttiorts and cownanb of said note and thta mortgage. or either: to perjornt, comply with and abide by eaL~t and every the agreerrtenb, stipulations. oondttbnr and rnvennntr set forth in raid note and this mortgage or either. !n the event the mortgagor jolt b pay when dw any tax, assessment, insurance premium or other sum of money payable by trirtw of sold note and this mortgage. or either. the mortgagee may pay the acme. witkout waiving or ajjscHrtg the option b fo.eclor. or any ocher right hereunder, and all ruck payments shall bear interest from dab thereof at file highest Iaw- jul rate then allowed by the laws of the State of Florida. ~` any sum of money herein referred to be not promptly paid within thirty days next a/t.r the same becomes due. or ij each and every the agreements. stipulations, conditions and covenants of raid note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire stun mentioned to said note, and this mortgage. or the entiro balance unpaid thereon. shall. forthwith ar therenjter, at the option of the mortgagee. become and be due artd payabb, anything in said nob or ker+eirs to the corttrnry notwithstanding. Failure by the mortgagee to exeretse any of the rtgha a optioru herein provided rhaU not constitute a waiver of any rights or options under said note or this mortgage accrued a thereafter accruing. ~n ~IlitntSS ~tCtOf, the said mortgogor hay hereunto signed and sealed these presents the day and year first above written. Signed, sealed and delivered fn the presence oj: ~ ; ,y I Thomas J. Philp Philip Blac]anore ------------------ STATE OF FLORIDA. COUNTY OF ST. LUCIE I HEREBY CERTIFY that oa this day. before me, as officer duly authorised in the Statc aforeuid and in the County aforesaid to tales acknawkdgments, personally appeared THOMAS J. PHILLIPS and PHILIP BLACIQriORE, to me mown to be the persona described in and who a:ecuted the foresoins instrument and they acknowkdsed before me that they esccuted the same. ~ WI'ITVESS my band and official seal in the County and State last aforesaid this ~~ ~' day d August A. D. 1469. 181`~'Og FILED ENO RECORDED ST. LUCIE COUNTY. FLA. 'ss ~~c ~ ~ Pa 4: 2 5 ~.~~,~-- CLERK CIRCUIT COURT This Inaruntrnt prrp~arrd by: A~,~ ~~K179 ~ 839 ~__ "..1/ C =s.ris:i~.:tY , tltrui ?. ii bs.lsi b mss'='~s r.. i Cswsat Cw .~ . . . ~ ~ ` =- .' - Q . - ti ~ . . ~- ~i~~ ~. ~~._F_ -~