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HomeMy WebLinkAbout1631and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and 6e null and void. the mortgagor hen+by further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and thL mortgage. or either: to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty; to permit, commit or suf jer no waste, impairment or deterioration of said land or the improwmenls thereon at any lime; to keep the buildings now or hereafter on said land jolly inatusd in a stun of not less than =9 rO~ r ~0 I N FIRE i~D W ~NDSTORM I ~ISUI~ANCE •' in a company or companies accepts to t e mortgagee. i e po or poltc•~ea. to be held by. and payable to, said mortgagee, and in the event any sum of money 6ernmes payabb 6y' virtue of such instunrtce the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. noeotuttirtg to the mortgagor for any stuplw; to pay al! rnsts, charges, and expenses. including Iatvyeri fees and title searches, reasonably incttrred or paid 6y the mortgagee becawe of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, cottdittons and covenant: of said note and this mortgage, or either; to perfor-n, comply with and abide by each and every the agreemenb, sNpulntions. conditioro and rnvennnts set Jorth. to said note and this mortgage or either. In the event the mortgagor fails 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 same, 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- ful rate then allowed by the laws of the State of Florida. ~l any sum o f money herein ref erred to be not promptly paid within 7 days next after the same 6ernmes due, or if each and every the agreements, stipulations, rnndtttons and covenants of said note and this mortgage, or either, are not fully pert o-med, complied with and abided by, then the entire sum mentioned to :rid note, and this mortgage, or the entire balartc~e unpaid thereon, shall forthwith or thereafter, nt the option of the mortgagee, become and 6e dos and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute n waiver of any rights or options under said note or this mortgage ctccrtred or thereafter accruing. ~n ~luleSS ~~~f, the said mortgagor has hereunto signed and sealed these presents the day and year fiat above written. Signed, sealed and delivered in the presence of : - STATE OF FLORIDA, couNTY of $T. LUC I E I HEREBY CERTIFY that on this day, before me, as officer duly authorized in the State aforesaid and in the-County aforesaid to take acknowkdgmenu, personally appeared CHARLES BARBER AND MURELL BARBER. HIS WIFE ~ to the known to be the person Sdescn"bed in and who executed the foregoing instrument and WHO acknowledged before me that THEYexewted the same. WITNESS my hand and official seal is the County and State last aforesaid this 11TH day o{ AUtiUST A. D. 19 69 ....:,;.:: ANU RECORDED `:'.:'` ' ; ~ ;- FILEDO~E COUNTY. F ~ . .... . " '•~, $?. I.Ur ~7~ ~~ Ertl ` it.... ---~~ .[~!Cl ................ .,aG n,~ ,,: - - :.~ i82~U5 . ~- ~ ~ , Z Notary Pttb~ic, State a1 flotilla at Large 'J ., ~1 G ..• _ , - tsg AUK 26 PM 1r{p Commission Expiry lug. 6, 19T1 ,.. u .- : - ~!rM w e•~n Ea l: Sir Se. ,,:'':.: ERK RCU1T COV C,L "lliis hulnaneu~ prrpinrrrl hy: Addr~s aooK ~.• l~ P~ 16~