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HomeMy WebLinkAbout1554 and shall perJorm, ~om~?ly u~i1h and abide by each ancl e+~ery 1he agreements. :tlpulations, conditions and coi~enants IhP/POf, nnd o~ Ihis mo~t~aue, lhen this morl~age and the estale here6y c~ateKl, shall cease, de- tern~ine and be nul~ an~~ iK~id. Iln~ fhP murl~a~~or ~ie>ri~by jurf~~er conenants anc~ aArees !o pay prompf~y when due tl~e p?incipal and internsl and othpr sums a~ money proi~itle~I Jor in sai~ nofe and I~is morfgage, or eif~er; lo pc~y a~~ and sinflular Ihe Ia.res, assessmenls, levi~s, Iia6elilies, o5liflations, and encumbrnnces of euery nafiue on said pro- per1Y: lo permil. commif or suJ(Pr no u~asfe, impairmen! or c~eferioralion o~ said Iancl or fhe improvements lherecr~ at any fime: to ~rpe~p Ihe huildir~~s noiv o~ herna~l~r on said land ~ully insured in a sum o( not less tF~an highest insurable value in a ~'ompany or comp~ni~s accPpta6le lo Ihe morl~a~ee. Ihe policy or policies fo be held 6y, and pnya6le to, sai~ morff~agPe, an~~ in the e~~ent nny sum o~ money becomes paya6~e by virfue o~ sucti insurance the mort~ngPp shall {~aoe the ri~hl to re~ceii~e and apply tF~e same to the inde6ted?iess here6y secu?ed, aceounting to t~~e morfga~ar jor any su~p~us: to pay a~~ rosts, c~~arpes, and expenses. including ~awye~~s jees ant~ fit~e search~s, rPasonaE~~y incurre~ or pai~ by Ihe mortgagee tiecatise oj t~e Jai~ure o~ Ihe mortgagor to prompf~y an~ (ully comply u~ilh fl~e a~reemenls, stipu~ations, conc~itions anc~ covenanls o~ saicl note a~~ t{~is mortgage. or eif~~er; fo perJorm, comply u~ith and a6ide 6y each anc~ every f{ie agreemenfs, sfipu~ations, conditio~s ancr coi~~nanls set forih in said note and tl~is mortgnge or eilher. In the evenl fhe mortgagor jnils to pay u~hen due any lax, assessment, insurnnce premium o~ ofhe~ sum o~ money pnya6le by virlue o~ sai~ nole anc~ f~is morfgage, or eif~~er, Ihe ntorft~agpe may pay ihp same. wilhout u~aiving or aJ~ecting the option to jorec~ose or any oll~er ri~Rt I~er~under, an~ alI such pnyments shall bear inleres! Jrom dafe tl?ereo~ at t6e highesf Iau~- (ul rnte 11~en a~lou~ed by the lairs oJ the State o) Florida. i` any sum o( money tierein re(erre~ io tie not prompt~y paie~ wilhin 30 c,ays next nf fer ihp samp 6ecom~s du~, or ij each ancl ei~ery tF~e aflreements, sfipulations, condilions and covenants of said note and this morlgac~e, or either, are not jully per(ormed, comp~ied with and a6idecl 6y, t{ten tl~e enlire sum mentioned in said note, and t{~is mortgage, or the entire 6nlance unpaid theneon, sl~a~l Jorthiuii{~ or thereaJter, at the oplion o( f{~e mortgagee. 6ecome and 6e due and payable, unyt{~ing in saic~ note or herein to t{~p cmilrary nohvil{~slan~ling. Failure hy tf~e mortgagee to exercise any oj fhe rigtits o~ opfions ~erein provi~Ieel stiall not conslilute a ~nainer oJ any rigf~fs or oplions uncler sai~ note or f~is morfgage accruec~ or Il~erea~ler acc~uin~. ~n ~itness ~hereof~ tl~e said mortgngor {~ns hereunto signpcl nnd sealed Ihese presents tl~e ~ay an~~ year ~irsl aho~~e ~nriflen. Signe se e~ n~ cle 'ner in Itie presence o~: ~ C . / ~ t ~ ' -Y-- - ~ • ~ • - - . - ~ . wrence D. Kim~nel ---•---•-•--•--••--••---••-•a-=•---- - ~d.~-- j Florence A. Kia~l ~ - - - - - - e { ~ STATE OF FLORIDA, ~ COU:~TY OF S'T, LUCIE ~ I HEREBY CERTIFY t6at on this day, beforo me. an officcr duly authorized in the Stat~ aforcsaid and in the County a(oresaid to takr acknowkdgments, p~rsonaliy appeared ,..::~:.,.1j -.r~Ay~ D. KIt+Il~L and FLORENCE A. KIMMEL, his wife, ,`,to ~me •kno4rn ~~b, be the person deuribed in and who exccuted the forcgoing instrument and t~ acknowledged = ~ beforc' rrK that: ~f@ I/txecuted the same_ ~ ~YI7'NESS my hand anci of(icial seal in thc County and Statc last aforesaid this 28th day of ~ . . _ r ~ t~f~v~l A. D. 19 69 ~ ' _ . . ~ ~ FILED AND RECORDED ; ~ , : ~ - - J UC~E C U~T~ . ~T . ~ ~ ~ . • _ ° ; i i, r,r = ~ - - - - - - = _ _ v_ I - - c~~_ . . ~~-----;•,'Sta{~~e: ..t':~:qe .lg~ ~'3~ Cou~scission Exr;s~s ;~n. 5. 1970 \ ~r~oad~d ~7 ~~n Fu~ a GsW~Y Li , ~ '09 C+EC 8 PM 3: 31 ~ ^ . rt~ ? =QITr...S ~ - CL~RK~CIRCUIT COURT~ N ~ ~ ~ k ~ This lirs~nin~cir~ prrpnrr~~l by: ~ ,~~~a~ g~x181 - ~js jN57RUU1E~JT p?~'n°'=o ev~ H. D. BOOTH. VICE PRES.. t'.~~~~%'~GT f: ~~E CORP. OF FL,P~_ x 20l 8. 2N~ ST• FOFt7 P~[RCi. FLORIDA ~ - - _ ._..~w~ ~ ~ . _ . _~~a+:-~r'~fi.:~