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HomeMy WebLinkAbout1023e ~ and shall pe-jonrt, comply with and abide by each and every the agreements. stipulations, conditions and covenants thereof, and o/ this mortgage, then this mortgage and the estnte hereby created, shall sews, de- termine and be null and void. the mortgagor Newby jwfher covenants and agrees to pay promptly when duo the principal and interest and other sums of money provided for to said note and this moNgage, or either; to pay nil and singular the taxes, assessments, leutes, Iiabilittes, obligations, and encumbrances of every nature on said pro- peNy: to permit, commit or suf jer no waste, impairment or deterioration of said land or the improvements thereon at any time: to peep the buildings now or hereafter on said land fully insured in a sum of not less than X12, 500.00 fire and extended coverage in a company or companies acceptable to the mortgagee. the policy or policies to be held by, and payable to, said mortgagee, and in the event nny sum o/ money becomes payable by airtue of such tnsurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any swplus: to pay all costs. charges, and expenses, including lawyer': fees and title searches, reasonably incurred or paid by the mortgagee because of the jailors of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditions wtd covenants of said note and this mortgage, or either: to perform, comply with and abide by Bach and every the agreements, stipulations. conditions and covenants set foNh 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 thts mortgage. or either. the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall 6enr interest from date thereof at the highest Inw- ful rate then allowed by the laws of the State of Florida. ~L any sum of money herein referred to be not promptly paid within -is- days next ajttr the same becomes due, or if each and every the ng-eemenls, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall joNhwith or thereafter, at the option of the mortgagee, become and be due and payable, anything fn said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or optioru herein provided shall not constitute a waiver of any rights or options under said note or th+.s mortgage accrued or thereafter accruing. ~n witness ~ftereof, day and year first above wNst!'n. STATE OF FLORIDA, colnvTY of ST. LUCIE the said mortgagor has hereunto signed and sealed these presents the once of I HEREBY CERTIFY that on this day, before me, an ~~v _., officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Betty P. Seymour to me known to be the person described in and who executed the foregoing instrument and Sale ack +ckdged before me that She executed the same. ~ ~ ,~ WITNESS my hand and official seal in the County and State last aforesaid this AUgU3t A. D. 19 69. -. :_ .".:~~ _ RECORDED-' ..- , , _ - F11.E0 pN0 ~, ~L ~i.a~i~:rr., - 1E ~~ N D ~l ::. ~ ~ ~.,,,. ST' RUCORD RIFIE '' _ OG • _ ~ •~ ~' `~ " 1 y PM '1 ~ 01 __._~r • ~ a ~o ~- :L' 1g ~s -:~~: ~^ U ~ ~.1 ;. ~:: ~- ROOD R ?p1~ CpUNT~ ~` ~ CLERK CIRCUIT ~_.-•, . . ~.~ ..~ ................................._............._......_....Q~ Notary State (6f~~ My co 'salon expires: i~ day of at Larg . ~. aooK 179 PACE x.022 E i i 1 i } i ~; e; 4'.