HomeMy WebLinkAbout1476and shall perform, comply with and abide by each and every the ag-eentents.:ttpulatton's. conditions and
eouenanb fhe.eaf, and of flits mortgage. then this mortgage and fits estate herby crated. shall cease. de-
tsrmine and be null and void.
the mortgagor hereby further uovenanta and agrees to pay promptly when dw the principal and
tntsrest and other sums of money provided for in said note and this mortgage. or either; to pay all and
singular the taxes. assessments, levies, ltabilittea. obligations. and encumbrartcea of every nature on said pro-
perty: to penrttf, commit or suffer no u~aate. impairment or delertoratbn of said land or the improvements
thereon at any time: fo keep the buildings now or hereafter on avid land f uUy tnsur+ed in n sum of not less
than the highest insurable value
in n rnmpany or companies acceptable to the mortgagee, the policy or policies to be held by, and pnyabb
to. said mortgagee, and in the event any sum of money becorrtea payable by virtue bj such lnsuranee the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aeeountirtg
to the mortgagor for any surplus: to pay all costa. charges. and expenses. including lawyers f ses and ttf b
searches, reasonably incurred or paid by the mortgagee because of the jailuro of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and eovenanb of said note and this mortgage.
or either: to perform, comply with and abide by each and every the agreements. stipulations, conditions and
covenants set forth in said note and this mortgage or either. /n the event the mortgagor jails to pay when
due any tax. assessment. insurance premium or other sum o/ 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 foreclose
or any other right hereunder, and alI such payments shall bear interest from date thereof at the highest law-
f ul rate then, allowed by the laws of the State of Florida
~l any sum of money herein re(ened to be not promptly paid within 30 days next njtar
the snore becomes due, or i f each and every the agreements, stipulations, conditions and covenants of -said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the enttrt
sum mentioned in said note. and this mortgage. or the entire balartee unpaid thereon. shall forthwith or
thereafter, at the option of the mortgagee, beco-rte and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options heretrt
provided shall not rnnslitttte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
1n ~~uleSS W~~~s the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed`se~led, and
STATE OF FLORIDA.
COUNTY OF_,-~. c~w
I HEREBY CERTIFY that oa this day, before me, an
officer duly authorized in the Sate aforeuid and in the County aforeuid to take acknowkdsments~ personally appeared
James E. Hatfield
to me known to be the person described in and who executed the toregoina instrument and acknowkd6ed
before me that he executed the same.
WITNESS my hand and official seal in the County and Sate last aforesaid this ~ ~ day of
August A. D. 1969
FiL.EO AND REC~R~E A•
ST. LUCIE COUNTY.
fie r i?r VER1~l 0
10 ~ Dy
'69 AUG 5 ~ 8~
{1821 n:;s
~ i7~;~~;
CLERK CIRCUIT COURT
-••--- - ~~ . State f ~ at ~
My Coa~~ Expire: Nor. 24, 1910
r..e.+ h ~.«~. r:. a c.~..wY c..
.-,
L •- i':r ~
,1 0 t~
77,u Inrlrumtnt prrp~arrd by: C. Wendell Harris
A~,~ 6?ON. Courtenay Parkway, Merritt Island, Fla. 32952
in a presence of
c
ames E. Hatfiel
BOOK 1`19 PACE 14 r5