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HomeMy WebLinkAbout1138and shall perform, comply with and abide by each and every the agreements. stipulations. eondittoru and covenants thereof. and of this mortgage. then this mortgage and the estate hereby created, shall cease. de- termine and be null and ewtd. the mortgagor hereby further covenants and agrees to pay promptly when dw the principal and interest and other sums of money provided for in said note and this mortgage. or either: to pay aU and singular the taxes. assessments, levies, liabilities, obligations. and encumbrartcel of every nature on said pro- perty: to permit, commit or sinter no waste. trrtpairment or deterioration of said land or the improvements thereon of any time: to beep the buildings now or hsrraf ter on said land fully insured in a aunt of not less than Seventeen lttousand Five Hundred and No/100 - - - in ncompany or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgages, artd in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the came to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all costs, charges, and expenses. including lawyer's tees and title searohes. reasonably incurred or paid 6y the mortgagee because of the jailors of the mortgagor to promptly and fully corrlply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either; to perform, comply with and abide 6r sock and every the agreements, stipulations, conditions. and rnvenants set forth in said note and this mortgage or either. In the event the mortgagor jai4 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 at the highest law- f ul rote tht;n allowed by the lows of the State of Florida. ~L any sum of money herein ref erred to be not promptly paid within 30 days next a(tsr the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not Jolly perjonned, cemplted with and abided 6y, that the entire sum mentioned in said note, and this mortgage. or the entire balance ugpaid thereon, shall 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 by the mortgagee to exer~ciae any of the righa a options herein prodded shoo not rnnsliftrfe a waiver of any rights or options tutder said note or this mortgage accrued or I hereet f ter accruing. - ~n ~~ulQSS ~~Ct~f, the said mortgagor has herrunto signed and sealed these prestnts the day and year first above written. Sighed, sealed nd linet~ed in the presence oJ: ~5.~ eRO~----•--------------- --• -- -- -- -•--- -•-- - -... ..._ - -•• . --~ -•- J STATE OF FLORIDA, COUNTY OF 3T. LtJCIB I HEREBY CERTIFY that on this day. before ate, as officer duly authorized in the Statr aforrsaid and in the County aforesaid to take acknowkdgmcnu, personally appeared Lilly Johanna Jackson (formerly Lillie Johanna Hansen) joined by her husband Kenneth L. Jackson to me known to be the persor6 described in and who executed the forcgoiryt instrument and they acknowkdaed before me that they czecuted the same. WITNESS my hand and official seal in the County and Statc last aforesaid this 16th dad of August A. D. 19 69 • ~•, _~ '; ~'~~:;,~ ~ .... . ?U3~.~Gt~ t10TABr r11BUl* iTATE OF t10BIBA AT LAps* A{Y COAAMISSION EXPIRES NOV. 12, 1971 f)OMOta iMROtrarr rREO w. OI[s>T[LNOU ~~ ~lLE-0 AND RECORDED ~T. LUCIE COUNTY, FI.A. • : Cn~^ bER.I~tEO 181945 r69 ~~'~' ~ 8 a 9 : Os Q~ O ;,.E a Olg CLERK CIRCUIT COURT goy X79 ~~37 .~__~