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HomeMy WebLinkAbout1365and shall perform. comply with and abide by each and every the agreements. stipulations. conditions and cvvenants thereof. and of this mortgage. then this mortgage and the estate hereby crated, shall cease, de- termine and be null and twid. the mortgagor hereby further eovertants and agrees to poy promptly when dw the prtnciEwl and intereat and other auras of money provided for in said note and this mortgage. or either: to pay all and singular the faxes, assessments, levies, liabilities, obligations, and encumbnancei of every nature on said pro- perty: to permit, comma! or suffer no tuaste. impairment or delerior~ation of said land or the improvements thereon at any time: to keep the buildings now or hereafter on said land fully insured in a sum of not Less than ' s17 ~ 000.00 in n compony or companies neceptnble to the mortgagee. the policy or policies to be held by, and payable to, said mortgagee, arld in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall hat-e the right to receive and apply the same to the indebtedness hereby ssrtrred, accounting to the mortgagor for any surplus; to pay all costs. charges. and expenses. including lawyer i fees and titb searches, reasonably tncttrred or paid 6y the mortgagee because of the jailuro of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditions and covenanb of said note and this mortgage. or either: fo perform, comply with and abide 6y each and every the agreements. stipulations. conditions. and cotenants set forth in said note and this mortgage or either In the event the mortgagor jails to pay when due any fax, 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, uiithout waiving or of jeNtng the option to foreclose or any other right hereunder, and all such payments shall bear interest from date ihereoj at the highest Iaw- juI rate fh~n allowed by the Laws of the State of Florida. ~` any sum of money herein referred to 6e not promptly paid within thirty days next after the same 6PCOmes due, or if each and every the agreements. stipulations. conditions and covenants of said note and this mortgage, or either, are not fully perfonrted, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thenwn, ahnU forthwith or thereafter, at the option of the mortgagee. become and be due and pnlinbb, anything in said note or herein to the confnnry notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein prodded shall not constitute a waiver of any rights or options under said note a this mortgage accrued o. f herPCt f fc•r accruing. ~n ~l~~S ~~~f, the said mortgagor has hereunto signed and sealed these presents the day and year first above u-rIften. igned,,sealed an el' rend to th prrsen o L ~, G STAT£ OF FLORIDA, COUNTY OF SP. LUCIB I HEREBY CERTIFY that on thu day, before me, as officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowkdgmentc, personally appeared M. H. Huneycutt and Lula Van Huneycutt, his wife to me known to be the person 8 descn'bed in and who executed the forrgoirgt instrumentsand they ackrwwkdacd before me that they executed the same. WITNESS my hand and official seal in the County and Statc last aforesaid this 21st day of _ Augu st A. D. 19 69 ' .. - FILED AND RECOR~FLA. ---•- ~ ~ ~ ST. LUCIE COON?Y. '~~ RECORD VERIFIED . ` ... _ _ ~_ ~. p~3 Dy . ~~ ~ '69 AUG 2 ~ 9` ,~ lg2a RO`'C RCUI? COURT: CLERK 'ATR Ac H gtaiOA AT Ufiti~ •o..oco rNSOUS~ rE~co wSorisrt~MO9itss ~0~179 ~~1364