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HomeMy WebLinkAbout1126and shall perform, comply with and abide 6y each and every the agreements, stipulation's, conditions and rnvenanis thereof, and of this mortgage, then this mortgage and the saints hereby created, shall cease, de- termine and be null and twirl. t i the moNgogor he-vby jurllpr covenants and agrees to pay promptly when due the principal and interest and other sums of money provt~led for to said note and this mortgage, or either; !o pay all and singular the tares, assessments, levies, abilities, obligations, and encumbtwnces of every nattu+e on said pro- perty; fo permit, cortlmif or suffer no waZte, impairment or deferiorolion of said land or the improvements iherecn at any time: to leeep the buildings now or hereafter on said land fully insured in a sum o/ not less than in a company or eorgpnnies atrepfable to'ihe mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and to the event any sum of money becomes payable 6y virtue of such irtatunrtce the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aceounttng to the mortgagor for any surplus; fo pay all costs. charges. and expenses. including lawyer i Jess and title searches, reasonably incurred or paid 6y the mortgagee because of the jailors of the moNgagor to promptly and jolly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either: fo perjorm, comply with and abide 6y each and every the agreements, stipulations. eondttions and covenants set /orlh to 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 snore. without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof nt the htghest law- f ul rate then allotued 6y the laws .aj the State of Florida. ~L any sum of money herein referred fo be not promptly paid within thirty days next after the same becomes due, or ij each and every the agreements, stipulations. conditions and rnvenanfs of said note and this mortgage, or either, are not jolly performed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon. shnU forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall no! constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~~~~ ~~s the said mortgagor has hereunto signed and sealed these presents the day and year first above u-ritten. Sign and delirered the presence oj: 0~~. . t -- -- - ----- --------Q~1 STATE OF FLORIDA. COUNTY OF $T . LU('IE I HEREBY CERTIFY that on this day. before me, as officer duly authorized in the State afotesaid and in the County aforesaid to take acktawledgments, personally appeared DENNY W. JOHNSON and DONA L. JOHNSON, his wife, :~ _~~ . -(,,,~ before me that they executed the same. r WITNESS my hand and official seal in the County and State lot aforesaid this f v ~ day of to me known to be the persots described in and who executed the foregoing instrument andthey acknowledged August A. D. 19 69 `_~ ~+ .,., ~ .. ~,,~ C`~ ~': `t'om ~'' ..' <<`~- ~ FILED AND RECOR'OEO: ~ ''~'~ V ~ `. ST, ~UCIE COUNTY. FLA: -~~ .~ ~°'» ~~- - RECORD VERIF~EO «~'~~,;. 18193'7 ,, t~ocE~ ~ovFRc,s j Tliu Inslnimrnt prepared ~I,ERK CIRCUIT COURT Andress This InstrumerK Was prepared By: C. R. McDONALD, JR., AHornq Cititsns F~d~ral Bu~ldi,q Ft. Pit,rco, Florida 3350 Nc`_a~y Pint, State. ~' r ••':'- : t large b1y Comtnission Fx::ss liov 13, 1970 so.a.a b w~~.. r.. a c.,..n~, cq -... \ -i BOOK179 P~~1~.25 _. -=- v>. >_ ;:~ w' . ,-