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HomeMy WebLinkAbout1221 ant~ shall per~orm, comp~y u?iih and nbic~e by each anc~ e~~e~y the ugreemenis. stipulaflo~s, conditions nnd core~anls thercwf, and oj this mo~tgage, lhen this mo?tgage a~d ~h! estale hereby created, al~all cea.~e, de- tprmine and 6e null nnd void. ~n~ Ihe mottgagor {~eri~by ~urlhe~ couenanfs and ngrees to pay promptly wl?en due Ihe principa~ ancr infe~st nnc~ ol{~er sums oJ money provided (or i~ said nofe and ftiis mortgage, or eil~e~; fo poy a~~ nnd sin~ular 1he taxes, assessments, leuies, lia6ililiea, o6ligations, and encumbronce~ oj every nature on aaid pro- pe?ty; to permit, commit o~ suj(er no waste, impairmenl or deterioration o/ saic~ ~and or fhe improvements t{~ereon at any lim~: to ~PPP II1P 6uildings now or he?Pa(ter on said land f ully insured in a sum of not less than T~tBS THpU3AND AND NO/100 in n company or companies nccepfab~e to f{~e morfgaflee, I~e po~icy o~ po~icies fo be hpld 6y, and puyable to, said mortga~ee. and in Ihe evenf any sum oj money becomes paya6le by virfue o/ such insurunce the morlga~Pe s1~a~I I~ane the right to receive and apply the same to tl?e inde6tedness hereby secured, aceounting to IEie morfga~or Jor any surp~us: fo pay a~~ cosfs, c~a?pes, and expenses, inc~uding ~nwyers ~ees and tlt~e searches, rPaso~ably inc~arec~ or ~xitd by ~hp morfgagee because o~ fhe Jni~ure o~ t{~e mortgagor to prompl~y ant~ jully comply wif~ fhe aflreemenfs, stipu~alions, concrilions and covenants o~ said nofe and 1{~is mo?tgage. ar eifhe~: to perlorm, comply u~ith and abide 6y each an~ every t~e ugreements, stipu~afions, conc~ilions and co~~enanfs set forlh tn saic~ note anc~ f~iis mortgage or eit~er. ~n the euenf ttie mortgagor Jai~.s to pay when due any tax, assessmPnt, insurnnce premium or olher sum oJ money paya6le by virlue o( said note and this mortgafle, or eiih~r, 1~~~ morlgagee may pay fhe samp, without waiving or a~~ecfing the option to jorec~ose or any o11~pr rig{~t {~prPUnc~pr, anrl aII sucl~ payments s1~all 6ear iniprpst Jrom tlate thereo) at tl~e highesf lnw- ~ul mlp th~n alloived by thp lau~s o( Ihp Stafe o~ F~oridn. il nny sum o~ monpy he?~ein rP~ene~ fo be not prompt~y paid wil/~in 30 days nexf nf te~ Ih~ s~m~ b~c-om~s duP, or iJ eac{~ nnd ei~ery the aqreements, slipulalions. conclitions and covennnts oj said nole and tF~is morl~arye, or either, are not Jully perjorntec~, compliecl wit/~ and a6ided by, t/~en the entire sum menlioned in saic~ note, anc~ this mortgage, or the entire 6nlance unpaid tl~erron, s{~nll )orthwith or tl~ereoflPr, at llu: option of lhe mortc~agee, 6ecome and be due and payable, anylhing in said ?tote or herein fo 1~~e ~onfrary nolu~itl~stm~~inf~. I=ailure 6y the morlgagee to exerrise nny o~ i~e rights or options ~erein proi•ic~cK~ sha~~ nof conslilulP n u~ni~~pr of nny ri~hts or options under sai~ nofp or ltiis mortga~e accrued or iti~rra~lr~ accruinq. ~n ~itness ~~~Ol~ 11~~ said morfgac~or has hereunfo signed and spalecl these presenis t{~p t~ay an~ y~ar ~irst n~~ot~e u~riffpn. Si , sea~ed anc~ r1P~ireret~ in thp presence o~: ~ : . - ~ ~ . _ . ~ ' - J ~c: ~t c. ~ - - ?1.~.G~~--~---- ~ ~ STATE UF FLORIDA~ ~ COL NTY OF ST. LUCIB 1 HEREBY CER?IFY that on this day, bcfore me, an officer duly authoriz~d in the Stat~ afor~said and in the County aforesaid to tat~ actnuwledqments, p~rsonally appeared FRANKIS L. SNIILIsY, a single woman to mc known to bc the prrson describtd in and who eaccut~d the (er~qoinq instrument and Stte acknowledgtd be(ore me that She cxccuted the same. N'IT\ESS my hand and otficial seal in th~ County and State last aforesaid this 3rd day o( ~ December a. D. 19 69 # i ~ ~ . : _ ~ . .Gtt'i~.--:~.__---_._..~:_~.'....-•--------------------------•- i AOTANr ~UBLIC, tTATE Oi i1.OpIQA AT LAR~~ , MY COMMISSION EXPIREC t~~v ~p, 1971 ~ONDcE4_TMROUON f ~p yy. D(ESB~NORf~ ~1~~ E Q~ _ : f, ; S-~ ~us M~A . ~1.A. _ , . ~r~. ~ ~1~E - ~ d ~'V . t ?.L . ~ - ~ ~ : 1864~31 '69 OEC 3 AM I I: 2 I `,~)I:J:~1' ^_^G~'^u 'r... ~ t.~ ftQii~'~ N.QI~i'Q.ti$~' ~ . , CLERK EIRCUr~ ~QUR~; BOOK 181 PACE122~ r ~ ~ ~ - - ~ , , _ - - . =