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HomeMy WebLinkAbout1778and shall psrjorm, comply with and abide fir each and ever fire ogreementa, attpulafiona, condittona and covenants thereof, and of thi, mortgage, then this mortgage and the estate hereby cwated, :haU Dews. de- termine and be null and void. the mortgagor hereby jtuther covenant, and age to pay promptly when dw the p-+Inctpal and interest and other stuns of money provided for in said Rote and fh4 mortgye, or either: to par all and singular the taxes. wseasments, levies. linbiltlies, obltgattona, and encumbrance! of every nature on acid pro- perty: to permit, rnmmit or suffer no waste. impairment or deterioration of :aid land or the improvements thereon al any time: to Ieeep the buildings now or hereafter on acid Innd fully inaur+ed in n stun of not leu than in a eompanr or companies acceptable to the mortgagee. the potter or policies to be held br, and pnrabb to, said mortgagee, artd in the event am stun of money 6seontes payable fir vtrtw of such inaurartce the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor joy any surplus: to pay all coats. charges. and expenses. including lawyer i fees rend title searches, rewonably incttned or paid 6y the mortgagee because of the jailors uj rite mortgagor to promptly and fully corrlply with the agreements. stipulations, rnndittons and covenants of said note and this mortgage. or either; to perform, comply with and abide by each and every the ngreemenb, stipulations. eondtttona. and coaenanta set forth in said note and this mortgage or either. In the event the mortgagor jails to par when dw am tax, assessment, insurance premium or other sum o/ money payable br virtw of said note and this mortgage. or either. the mortgagee may pay the snare, without waiving or affecting the option to jorecloae or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- f ul mte tht'n allowed by the laws of the State of Florida. ~` any sttm of money herein referred to be not promptly paid within ~;~Y days next after the same 6rr~omes due, or ij each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not jolly perjotvrted, eemplied with and abided fir, them the ertfin sum mentioned in said note. and this mortgage. or the entire balartee unpaid thereon. shall forthwith or thereafter. at the option of the mortgagee. become and be dw rend parable. anything in said note or herein to the corttrnry notwithstanding. Failure by the mortgagee to exer+ctse any of the rights or optioru herein provided shall not rnnstitute a u-aiter of any -ights or options under said note or this mortgage accrued or Ihe-wajter accruing. ~n ~t~~S ~he~tof, the said mortgagor has hereunto signed and sealed these pnsenb the day and year just above written. Signed, sealed and delivered in the presence oj: . - •------ - -----~. ----•lt~p~-------------•- ~ ----- --------.......-----------...--------...------•-------..........-•-•-----~® • -~ STATE OF FLORIDA, courrrY of ~ • Lucie . I HEREBY CERTIFY that on this day. txfore me, sn officer duly authorized in the State aforesaid and in the County aforesaid to take acknowled,Sments, personally appeared Kenneth M. and Ruth E. xerithev ~ ~~`- ~~`- to me known to be the person S described in and who executed the (oregoirlA instrument and t~ ` `~1t1'oirl~`'gd~i~ ~ before me that they executed the same. ;f~v ~~~......,~ ' ' ;_ WITNESS my hand and official seal in the County and State last aforesaid this 28tH , _~ •~,l 7.~i of `~ Augu ~ A. D. 19 (19 FILED AND RECORDED ST. LUCIE COUNTY. FLA. C~(1 ~~F~$I F I E D '69 A!~~' 29 PM 2:060 CLERK CIRCU{T COURT > ~ •~._ 7 `~ ~ ~G ' ,` f~ - ... , , L • ' ~/ ~ • ti 0 ,a ~ _ ~~ iOTARY fY4tJC. =iATE OE FLOtWI A~"`:•++` . w t i0lse,ttiilOM fs7lrtREt3 OCi. a 1~7 pw~p ~++wwat.n rwt+o w. otteTSr.tiowGt'. BUOK~r`~ PACf1~~6 3 ~ f r r