HomeMy WebLinkAbout1480and shall perform, rnmply with and abide 6y each and every the agreements, stipulations, conditions and
covenants thereof, and of this mortgage, then this mortgage and tits estate hereby coated, shall cease. de-
termine and be null and void.
the mortgagor hereby further covenants and agrees to Pay Promptly when dtw the principal and
interest and other sums of money provided for in said note and this mortgage. or either: to pay all and
singular the taxes, assessments, levies. liabilities, obligations, and encumbrance! of every nature on said pro-
perty: to permit, commit or suffer no waste. impairment or deterioration of said land or the improvements
thereon at nny time: to keep the buildings now or hereafter on said land fully insured to n stun of not less
than 38VBN THOU3AN0 AND PIO/100 - -
in acompany or rnmpanies acceptable to the mortgagee, the policy or poliMes fo be held 6y, and pnyabb
to, said mortgages, a-td in the event nny sum of money becomes Payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting
to the mortgagor for any surplus: to prey all costs, charges, and expenses, including lawyers fees and tttb
searches. -easonably incurred or paid by the mortgagee because of the failure o) the mortgagor to promptly
and fully corrlply with the agreements, stipulations, conditions and cvvenants of said note and thu mortgage,
or either: to perform, comply with and abide 6y each and every the agreemenb. 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 of money payable 6y virtue of said note and this
mortgage, or either. the mortgages may pay the some, 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 rots th1~n allowed by the laws of the State of Florida.
~L any sum of money herein refereed to be not promptly paid within 30 days next .after
the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully perjonrted, complied with and abided by, then the entire
sum mentioned to said note, and this mortgage, or the entire balance unpaid iher+eon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary nofu~ithsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constifttte a u-aiver of nny rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~~~~ ~~~f, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed. sealed and delivered in the prrsence oj:
<~
~~
.®
----
STATE OF FLORIDA,
COL!NTY OF ST. LUCIB
I HEREBY CERTIFY that on thu day. before toe, an
officer duly authorized in the Statt• aforesaid and in the County aforesaid to take acknowledgments, personally appeared
FBBD~ICK B. and ffi.I.A C. DBSJARI.AIS
to me known to be the persong described in and who executed the foregoing instrument and they acktawledsed
before me that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this 16th day of.
}
August A. D. 19 69
- - - FlLED aN0 RECORDED
' " ST. LUCIE COUNTY. Fl.~.
'` " ~ .. x .182191
' S ' }~ _~
.~~~ _ ~~ RCS
,~ ._F ..
,~,, ..
r~ ~R~ ~tRCii1T COURT
.,
\}
----~--
fatiTiiltr uBltC. =TATS OF t10RIDA AT lA9S~
M~iOMMRSoS~ON EriPaIRtESolcs ri~nQt~s
81,E 179 ~14'~9
~- - -