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HomeMy WebLinkAbout1456 a?id shall per~o~m, ~-omply u~ilh an~ a6ide by each anc~ every the ag~eemenls, slFpu~alio~'s, c~onditions and conenanls thereof. and o~ this morlpage, Il~en this mortpafle ancl fhP eslale {~ere6y createcl, shnll cease, de- le~mine an~ ~e nul~ an~~ noi~. - ftip mortgagor ~~eruby ~u?Ihe~ c~oi~enants ancl agrees fo pay promplly when due tf~e principal and interesf and olher sums o~ money proi~ic~ecr (or in snlcj nole and f{~is mortgage, or eifher; fo pay a~~ anc~ sin~u~ar I~e fa.res, assessmenfs, IPUIPS, ~labi~ifies, ob~i{~afions, anc~ encumbmnces oj euery ~alure on said pro- perfy: ~O PPflltl~, commif O~ SIlj~P~ RO U~AS~P, impairment O~ cleferio?nfion O~ said lund O~ ~I1@ improvemenb fherecn af a?iy Iime; fo k~p ~h~ buildin~s noeu or hereajte~ on ~aid land /ully insure~I in a sum oj not lesa Ihnn highest insurable value in a company or compa~ies accepta6le io Ihe mortgagee, Ihe policy o~ policies to 6e held 6y, and ~yn6l~ to, said mortgngpe, and in Ihe event any sum o~ money 6ecomes payable 6y virtue oJ such insumnce tl~e mortgagee shall have the right to rc•ceive and apply Il~e same to the indebtedness 6ere6y secured, aceounting fo ihe morfga~tor ~or any surplus: to pay a~~ cosfs, c/~arges, and expenses, inc~uc~ing ~awyers ~ees anc~ Itl~e search~s, reasona6ly incunec~ or paia by fhe mortgagee because oJ ttie fai~ure oJ Ihe ~nortgagor to prompt~y and JuIIy romply wilh the agreemenls, slipulations, conditions and covenants oj said note and t6is mortgage. o~ eil~er; to perform, comply with nnd abide by each nnc~ every Ihe agreemenfs, stipu~ations, conditions and rnnenants set /or11~ in said note and Ihis mo~tgage or either. ln the event fhe mortgagor /ails to pay wl~en due any tax, assessment, insurance premium or ofker sum of money payable by vir~ue oj said nole and tl~is mortgage, or eifher, ihe mortgagee may ~y f~e snme, wifhout waiving or aj~ecting f~e opt~on to (orecjose or any ofF~er right herpunder, nnd al! suc6 pnyments stiall 6enr interest (rom date I?~ereoJ at the highest law- ~ttl rale d~en allowed 6y 1hp ~aws of Ihe State of F~orida. DL any sum o~ mon~y herein re(enec~ to be not promptly paicl within 30 t~nya next of ter fhe same 6ecomes clue, or i~ encf~ ancl every fhe a~~eempnis, stipu~ations, concliltons and covenants oj said ' note and ~his mortgaq~. or either, are not jully per/ormed, complied wit{~ and a6~~ed by, t1~en Ihe entire sum mentioned in said note, and this mortgage, or the entire balance unpaid Ihereon, shall /orthwifF~ or tF~ereaf ter, a1 ~he option o/ Ihe mortgaaee, become and 6e due and paya6le, anything in said note or kerein to fhe conirary nolu~ill~slanc~ing. Failurc~ by I~e morlgagee to exer+cise any o~ the rig~ts or opfions {~erein pronic~ed shu~~ ?iof conslilute a u~aiver o~ any rig~ts or options unc~er said note or ttiis mortgage accrued or I~erPa~iet accruing. ~n ~(l~QSS ~ILCl~~L~ the soid mortgaqor has hereunto signecl ancl seale~ t{~ese presents the c~ay anc~ year (irst ahone u~riNen. Sig ecl, s ~ anc~ i ere~ in t e presence o~: ~ ~ - • - - - - - • - ~ ~liff E. lller SP ~ t _ - t i ~ FLO~tIDA ~ ~ STATE OF _ ~ COU\TY OF. S'1'• i•~~ ~ I HEREBY CERTIFY that on this day~ betore me, an ~ of(icer duly authorizcd in the 5tate aforesaid and in the County aforesaid to wk~ acknowledgments~~;p~~q~~ly: appearcd ~ ~ CLIFFORD E. SPILI.ER . ; ~ , . ` to mc known to be the perwn described in and who executed the toregoinq instrument and; -.aekitoii~d~ed ~ be(orc me that he cxccuted the same. ~ ti ~ • . ~~l' . _ : ~ - i ; i ~YI7'NESS my hand and official seal in the County and St~te last aforesaid this _-1~~•, . 'dai;o~ ~ January A. D. 19 ~p ~ ~ - ` ~ . - ~ . . ' ~ 4 ' ; ` ~ ,`1~.,. , , , ' 1 _ ary lic ;jctary Pu6I'K, State of Florda ~t lar~ FILED AND RECORDEO ,-S Ex-'fzs Jan. 5, 1974 ST. LUC#E ~aUt~TY FLA. My conenission ex~~`~~ 1' • v~ ~ - r? t-1 E t) bad.d b~~ Fs. a C.++~M G, ~.888~' ~ . ~ ~ '70 27 ~ 9 : 49 ~ ~ a ~ , , , ~,-~S ::K . r~ • ~ CLER~c C,PrJ1T COURT ~ ~ OR c~ ~ I~its I~ulnuncnt prepnrcd by: BOOK~~~G PACE1454 ~ _ A~~~ THIs (NSTRUMENT PREPAREO BY: ELEANOR GOODWIN, ASST. SEC., ABSTRACT & TITLE CORP. O'' FLA. ~ 2ot 2NO sr. roR7 PIERCl, FLORI~A ~ ~ ~ , r. -k- - - - v, - ~'s±4 r ~ . . ~ ~ . - : ~ ~ _ . ~ . . - _ e~_ _ r~~