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HomeMy WebLinkAbout1812and shall perform, comply with and abide by each and every the agr+eemenls, stipulations, conditions and cotenants thereof, attd o/ this mortgage, then this mortgage and the estate hereby c-ented, shall cease, de- termine and be null and void. - ~Ild the mortgagor hereby jtsrther covenants and agrees to pay promptly when due the prtnctpal and interest and other sums of money provided for in said note and this mortgage, or either: to prey all and singular the taxes. asseasmenfs. levies, liabilities. obligatfo-u. and encumbronces of every Wotan on said pro- perty: to permit, commit or suf jer no waste. impairment or deferiomtion of said trend or the improvement: thereon at any time; to peep the buildings now or hereafter on said Land fully insured in a stun of not lsu than in a rnmpany or rnrnpanies acceptable to the mortgagee, ih. policy or policies to be held by, and payable to. said mortgagee, and in the event any stun of money becomes payable by virtue bj such instuance the moHgagee shall have the right fo receive and apply the same to the indebtedness herby second. aceotsnttng to the mortgagor for any surplus: to pay all costs. charges. and expenses. including bwyeri Jess and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly rend fully comply with the agreements, stipulations. ewtditiona and covenants of said note and this mortgage. or either; to perform. comply with and abide by each and every the agreements, stipulations, eortdifions and covenants set forth in avid note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insttrance premium or other sum of money payable by virtue of said note and this mortgage, or either. the mortgagee may prey the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear Interest from date therroj at the highest Iaw- f ul rate then allowed by the Laws of the State of Florida. ~l any earn of money herein relemed to be not promptly paid within 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, nre not fully performed, complied with and abided by, then the cretin sum mentioned in snid note, and this mortgage, or the entire balance unpaid thereon, shat! forthwith or thereafter, at the option of the mortgagee. become 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 herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~~~~ ~he~eof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. n ea a eltte n the resence o/: ----~--~ . - ----~._.~'.... ~A..------- -~ /~S ._....~...~. _ r~....~P, _~ ~ ]' ,, ~/ ~~ ~~~ =.e.. ~.. ~......... STATE OF FLORIDA, coutvTY of SAINT LUCIE I HEREBY CERTIFY that oa this day, before me, an officer duly authorized in the State a(oreuid and in the County aforesaid to take acknowledgments, personally appeared TSOMAS F. WILLS and CATHERINE P. 1~TIIS~IS, his wife, to me known to bt the person descn'bed in and who executed the foregoing instrument and they acktwwted~d before me that theyes:ecuted the same. - - ~ -~ -~ ~ °` WITNESS my hand and official seal in the County and State last aforesaid this ~cr~. D. t9 69 ~ _ `z- FILES p,NU RECORDED' S-. LUCIE COUNTY FI.A. is c. ~ ~~ `~ ! IEO 1. Z ~ ; p~ +69 SEP y'!~ :R ;~QiTRAS ;2C COURT CLERK CIRCUIT This Irulnrnrc~tt prpaad by: Addsrss .. ~~' ..• ,. 3 _~ o ''•: ~'-•'~ r-= ,, „- . . 'Ibis Instrument Was Prepared By BENjA1~iIN L. BRYAN jR. P. O. Box 3230 Aatiletson Btultiing Fart Pierce, F7oritia aooK 179 PA~E1810 __ _ __,s, rd~