HomeMy WebLinkAbout1232and shall perform, comply with and a6tde 6y each and awry the agreemenb. stipulation's. conditions 'and
covenants theeaj, and of this mortgage, then this mortgage and the estate hreby created, shall cease. dt-
lermine and 6e netll and void.
the mortgagor hereby further covenants and agrees to pay promptly when dw the prtrtcipai and
interea! and other aloes of money provided jar in sold note and this mortgage. or either: to pay ell and
singular the taxes. assessments. levies, liabtltties, obligations. and encum6roncw of every nature on said pro-
perty; to pe-mtt, commit or suffer no waste. Impairment or detertoratton of said land or the improtwmenta
fherecn at arty time: to beep the buildings now or hereafter on said fared /ully insured in a sum of not less
than highest insurable vales
in n company or companies acceptable to the mortgagee. the policy or policies to bt held by, and payable
to, said mortgagee. and in the event any stun of money becomes payable by virtue bj such insurance the
mortgagee shall have the right to recetne and apply the same to the indebtedretss hereby secured. accounting
to the mortgagor for any surplus: fo pay all cosh, charges. and expenses. including lawyer i jeea and title
senrrhes, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and covenants of said note and the mwt9age.
or either; to perform, rnmply with and abide by each and every the agreements. stipulations, conditions and
rnvenanta set joreh in sold note and this mortgage or either. In the event the mortgagor fails to Pay when
due any tax. assessment, instuance premium or other stun 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 joreclo:s
or any other nigh! hereunder, and all such paymenb ahaU bear interest from date thereof at the highest law-
ful rate then allowed by the laws of the State of Florida.
ll any sum of money herein referred to be not promptly paid within 30 days next after
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 performed. complied with and abided 6y, then the entire
stun mentioned in said note. and this mortgage, or the entire balance unpaid 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 contnnry notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n tntSS ~~h~reof, the said mortgagor has hereunto signed and sealed these presents the
day and year first nbare written.
Signed, sealed and delivered in the presence of
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Marvin Hutephrey
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STATE OF FLORIDA.
COUNTY OF $T. LIICIB I HEREBY CERTIFY that oo this day. befose me. au
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledameats, personally appeared
MAAVIN A~ and EDNA M. HtA~1P'HREY, his rtife
to me known to be the pennn 8 descn'bed in and who executed the foregoiryt instrument and they acknowkdsed
before me that they executed the same.
WITNESS my hand and official seal is ehe Count and State last aforesaid the ~ ~ ~ ~~`'~~"~~r~'~~ '~
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Au$USt A. D. 19 69
FILED AND RECORDED
ST. LUCtE CDU~TFtEDL~.
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CLERK CtRCUIT COURT
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