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HomeMy WebLinkAbout1116i and shall perform, rnmply with and abide 6y each and every tke agreements. stipulations. conditions orsd cot-enants thereof, and of lkts mortgage, then this mortgage and the estate hereby crated, shall awe, de- termine and be null and twid. the mortgagor hereby further covennn4 and ogress to pay promptly when due tke prtnctpa! and interest and other stuns o/ money provided for in said note and this mortgage, or either; to pry nlI and singulw the faxes, assessments, levies, liabilities, obligations, and enctunbrance! of every nature on said pro- perty: to permit, commit or suffer no waste. impai-ment or deterior+afton of said land or the improvements fhe-eon of any time: to beep the buildings now or herectjter on said land fully insured in a sum of not less than THRSB TEl0U,4MID SIGHT HUNDBBD AND NO/100 - - - - - - - - - - - - - - - - in acompany or rnmpnnies acceptable to the mortgagee. the policy or policies to be held by, and payable to, said mortgagee. and in ihs event any stun o/ money becomes payable 6y virtue of suck irutuanee the mortgagee shall have the right to receive and apply the same !o tke indebtedness hereby secured. accounting to tke mortgago- for any surplus; to pay all cost:. ckarges, and expenses, including lawyeri fees and title aearcltes. reasonably tnctrrred or paid 6y the mortgagee 6ecawe of the jailors of the mortgagor to promptly rend fully conlply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions rend cot+ennnb set jorlk in said note and this mortgage or either. In the event the mortgagor jatb to pry 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 to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the higkest law- f ul rote then allowed hp the laws of the State of Florida. ~` any sum of money herein ref erred to be not promptly paid witkin 30 days next after the same becomes due, or iJ each and every the agreemenla, stipulations, conditions and rnvenants of said note and this rrtortgage, or either, ore not fully performed, complied witk and abided by, tken the entire sum mentioned in said note. and this mortgage. or tke entiro bainnce unpaid thereon, :hall jorthwitk or thereafter, at fhE option of the mortgagee, become and be due and payable, anything in said note or ksrein to the contrary notwithstanding. Failure by tkg mortgagee to exercise any of the rights or options herein prot•ided shoo not constitute a u+ait+er of any rights or options under said note or this mortgage accrued or fhereaffer accruing. 1n ~~uleSS ~~~f, the said mortgagor has hereunto signed and sealed these presents the day and pear firs! above u+rilten. tgned, sealed and delivered in the presence oj: ---- - --~- -- -------- -~-R~°~------------------------~ STATE OF FLORIDA, 2 COUNTY OF ST. LUCIS ` I HEREBY CERTIFY that on this day, before r»e, an officer duly authorized in the State aforesaid and in the County aforesaid to take acktwwkdgtr-ent:, personally appeared MADALYNNB Q. YAG~I.BN2~, a single woman to tree known to be the person described in and who executed the forcgoinR irotrutnent and She acknowkdsed before in< that She a:ecuted the same. WIT11iESS my hand and official seal in the County and State last aforesaid this 15th. day of August A. D. 1969 - ~ I~~~ ~ K2Du,~ r ~` . 4 MTAfttl !'!lfa1JC. fTATE OE FlfitldA AT ls~' r,, 1$tIAN cv^-ect t.+/1v 12, 1971 i '~'-RECORO'Eb-" ~~ ~- ~": LUCIE COUNTY F~.e, ~ ~ t 181929 '69 ~'.'~' ~ 5 ~'~ Z : 19 ~~ ~~ CLERK CIRCUIT COURT aooK 179 ~ 1~.~5