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.
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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:
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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,
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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
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`t'om ~'' ..' <<`~- ~ FILED AND RECOR'OEO:
~ ''~'~ V ~ `. ST, ~UCIE COUNTY. FLA:
-~~ .~ ~°'» ~~- - RECORD VERIF~EO
«~'~~,;. 18193'7
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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
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BOOK179 P~~1~.25
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