Loading...
HomeMy WebLinkAbout2045and shall perform, comply with and abide 6y each and every the agreements, sttpulationi. condittotu and covenants thereof, and of this mortgage, then 1ht, mortgage and the estate hereby created, shall cease, de- termine and be null and raid. - the mortgagor hereby further eovenanls and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either: to pay oll and stngulae the faxes, assessments. Isaias. liabilities, obligations, and encumbrances of awry Wotan on said pro- perty: to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements iherecn at any time: to keep the buildings now or hereafter on said land fully tnaund to a sum of not less than the highest 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 ihs event any sum of money becomes payable 6y virtue bj such insurance the mortgagee shall haw the right to receive and apply the same fo the indebfednes: herby second, accounting to the mortgagor for any surplus: to pay all costs, charges. and expenses, including lawyer's jest and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditions and eownants of said Hots and flits mortgage. or either; to perform, comply with and abide 6y each and every the agreements. stipulafioru, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor !ails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage. or either, the mortgagee may pay the anme, without waiving or of jecfing the option to foreclose or any other right hereunder, and all such payments shall bear interest /ram date ther+eoj at the highest Iaw- (ul rate then allowed by the laws of the State of Florida. ~l any sum of money herein re(eered to be not promptly paid within ~~ days next after S ~- ' -.. .•~`''NK ,~~-r,.•-~. ... • _~ .:~c~~:~, ~~'4~ ~. ~t'O -~:. . P U ~~ :~ .. ., ~:. 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 jolly performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, of the option of the mortgagee. become and bs 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 hentn provided shall not constitute a waiver of any rights, or options under said note or this mortgage accn~ed or thereafter accruing. ~n witness ~h~reof, day and year first above written. Sign and deG i presence of : v . Kingsltry Butt Genev>leve .Butt STATE OF FLORIDA, ~ ~y couNTY of ST. LUCIE I HEREBY CERTIFY that on this day, before tste, as officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared J. KINGSLEY BUTT and GENEVIEVE G. BUTT, his wife, to me known to be the person8 described in and who executed the foregoing instrument and they acknowledged before me that they executed the same. WITNESS my hand and official seal in the County and State last aforesaid this /~ ~ day of ~:3ti@~tember, A. D. 19 69. tux,;;, '` i=_ OED=: u FF'',.~* . p pN0 RECOY. FLA.. gT. LUC Rp VEa~ IED otary Public, State of~Flo~da~at Large .:,Y _; 1V1y Commission Expires: ~.. ti ~ 7 tOA~-• ~ _ ~8 _ P 2 ~ a c~ ; +69 1 SEP 1 ••'~F'~ •' AS t~~~~~~. CLERK CIRCUIT CO This I,ulumcn[ papaad by: ~; ;. ~',, -- _ .. _ ' : "'"dL;~~~Y the said mortgagor has hereunto signed and sealed these presents the