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HomeMy WebLinkAbout1862and shall perform, comply with and abide by each and every fire agreements, stipulations. conditions and covenants thereaj, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and void. the mortgagor hereby further covenants and agrees to pay promptly when dw the principal and interest and other sums of money provided far in said note and this mortgage, or either: to pay all and singular the taxes. assessments. levies, liabilities. obligations, and encttmbr+artces of every nature on said pro- perty: to permit. commit or softer no waste, impairment or deterioration of said land or the improvements thereon at any time: to keep the buildings now or hereafter on said land jolly insured in n sum of not less than MAXIMZAr! INSURABLE VALUE in a company or companies acceptable to the mortgagee. the policy or policies to be held by, and payable to, said mortgagee. and in the event any stun of money becomes payable by virtue of such irtstunnce the mortgagee shall have the .ight to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus: to pay all costs. charges. and expenses. including lawyer a fees and title searches, reasonably incurred or paid by the mortgagee becnwe of the jailtu~e of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditions and covenants of said note and Ibis 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. In the event the mortgagor jails to pay when due any tax, assessment, instuance premitun or other sum of 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 all such payments shag bear interest from date thereat at the highest law- f ul rote then allowed by the laws of the State of Florida. ~l any stun of money herein rejemed to be not promptly paid within thirty days .next after the same becomes due, or ij each and every the agreements, atipulntions. conditions and rnvertants of said note and this mortgage, or either, are not jolly performed. complied with and abided by, then the entiro sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, nt the option of the mortgagee, become and be 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 a waiver of any rights or options under said note or this mortgage ac~xued or thereafter scenting. ~n ~~~~ ~~~f, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, led an i ~. i A f presence of: ems. •r. i STATE OF FLORIDA, courlTY of ST. LUCIE Catherine N. Thomsen I HEREBY CERTIFY that on this day. before me, an officer duly authorized in the State aforesaid and in the Gounty aforesaid to take acknowledgmenu, personally appeared WALTER C. THOMSEN and CATHERINE N. THOMSEN, his wife to me known to be the person S descn'bed in and who executed the foregoing instrument and they acknowledged before me that they executed the same. . WIT?~1ESS my hand and official seal in the County and State last aforesaid this ~ r' daY ~ Sept ember A. D. 19 69 FILES AND RECORD A. ST. LUCnE CVEF.1c GD s< .8246` 2 PM Z : 21 X69 gEp ~. tiC::~R ?OiSRNS CURIE CIRCUIT COURT Po~C179 aux1860 NOT ~ ~~ PUBLIC ~- State ~ oriels at Large My Commission Expires : 3 ' ~i ''7 i. ;;,,,,t,,,,;;,; :: ~,, :rr~.:- ~., . . r. ~ ~Z .t`.