HomeMy WebLinkAbout2588and shall perform. comply with and abide 6y each and every the agreements. afipulattoria. eondtttorts end
covenants the.eaj. and of thin mortgage, then this mortgage and the estate hereby created. shall cease. de-
termine and 6e null and void. -
the mortgagor hereby further eovenanta and yrees to pay promptly when dw the prtrtcipal end
intereal and other sums of money provided for in said note and this mortgage. or Nlher: to pay all and
singular the saxes, asseuments, levies. liabilities. obligations, and enctunbraneea of every nature on said pro-
perty: to permit, commit or aujjer no waste. impairment or detertorotton of said land or the improvements
thereon at any time; to leeep the buildings now o- herrajter on said land jolly insured to a sum of not less
than
in n company or companies acceptable to Ihs mortgagee. the policy or policies to be held by. and payable
to, said mortgagee. and to the event any sum of money becomes payable 6y virtu. of nook insurance the
mortgagee shall have the right !o receive and apply the same to the indebtedness hereby secured. aecotsnting
to the mortgagor for any surplus: to pay all costs. charges. and expenses. including lawyer i fees and title
searches. reasonably incurred or paid by the mortgagee 6eeauae of the f ailtu+e of the mortgagor to promptly
and fully comply with the agreements. stipulations, conditions and covenants of said note and thin mortgage.
or either: to perform. comply with and abide by each and every the agreemenb. stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fdb to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of sold note and thin
mortgage. or either. the mortgagee may pay the same, without waiving or ajjeding 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 of money herein rejen~sd to be no! promptly paid within {dirty days next after
the snore becomes due, or ij each and every the agreements, atipulalions. rnnditions and covenants of said
note and this mortgage. or either, are not fully performed. complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage. or the entire balance unpaid thereon. shall forthwith or
thereafter, at the option of the mortgagee. become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options heroin
provided shall not rnnstiterte a waiver of any rights or options under said note or thin mortgage accrued or
thereafter accruing.
~Il ~1t11tSS ~~PC~Of, the said mortgagor has hereunto afgned and sealed these presents the
day and year first above written.
Signed. sealed and deli/veered in resence oj: % ~ ,
-- I~'~
STATE OF FLORIDA
couNTY of ST. LUCIS
I HEREBY CERTIFY flat oo this day. bdore me, as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknovdedaments, personalty appeared
WILLIAM ARTHUR GAINOUS and MYRTLE R. GAINOUS, his wife
to me known to be the persons described in and who executed the [oregoins instrument sad they ackaowkd6ed
before me that tYleyexecutEd the same.
WITNESS my band and official seal in the County and State last aforesaid this ~ 3T'K ~y ~
September A. D. 19
'69 SEP ~~~~~ ~ ~
e~
?OGER F017RAS
CLERK CIRCUIT COURT
69
FtLEp""AND- RECORBEQ~~,
ST. LUC1E COUNTY, ~'E.A.. Notsrl- Ptr~c, Slstx ci E^rds it large
RECORO VERIFIED ~ Coato~zsiaa E:fixes ~,ia7 5, t970
s..aa sr ~...:.,. r.. a c~.s,r co:. ~
~u I,ufr<,~ ~,~ by:
Addirsr 0 e X79 ~25~fi
600K
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