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HomeMy WebLinkAbout1746 an~ sha« perjorm, comply with and a6ide 6y encl~ an~ every fhe agreemenfs, attpu~alio?it, condtttons and coi~enants thereoj, and oj Ihis mortgage, thea tl~ia mortgage and the estate here6y created, shall cecus, de- fermine and 6e null and void. - niil~ t/~p mortga~or hen~by ~urlhe~ covenants ond agrees to pay promptly when clue fhe princFpal and inte?+esl and ofher sums o~ money provlclec~ ~or in suld note and ttiis morfgage, or eft~er; to pay n~~ anc~ singular II~e taxes, assessmenfs, Ievies, lin6ilities, o6ligafions, and encum6rn~ces ol avery nature on snid pro- perty: to permit, commi! o~ suJ~e~ no wa~te, impnirmenl o~ deferiomtion o~ sa~d bnd or f{~e improvemenb therrc~ at any lime; to keep the 6uildings now o~ hereaJtcr on caid land /ully insured in a sum o/ not less than highest insurable value in a rnmpany or rnmpanies acceptable to t{~e mortgagee, the policy o~ policiss io 6e held 6y, and paynble fo, said mortgagee, anc~ in f~e evertt any sum of money becomes ~ya6l~ 6y virlue of such insumnce fhe mortgagee shall have the ~ight to receive and npply fl~e same to the inde6tedness hereby secured, aceounting to t~e mo?iga~or (or any su~p~us; to pay a~~ costs, c{~arges, and expenses, inc~ueitng ~awyers fees and tit~e seorc~es, reasoRa6ly incurred or paid 6y the mortgagee 6ecause o~ lhe ~ai~ure o( t~e morlgago~ !o prompt~y ancj jully comply wit~ ftie ngreements, stipu~alions, conc~itions anc~ co~enants oJ snid note and ihis mortgoge, or eitf~e~: fo per/orm, comply with and abide 6y each and euery lhe ag?eements, stipulation:, rnnditions and couennnls set jorth in said note nnd this rrz~r!$age or either. In tl~e e~ent the mortgagor {Q;t, ~o ~y when ~Iue any tnx, assessment, insurance premium or othe~ sum oj money payu6le by vi~tue oj said note nnd t1~is mortga9e, or either, tl~e mortgagee may pny the same, without wniving or njf ecting the optton to joreclose or any oil~er right kereunc~er, nnd alI sucl~ paymenfs shall 6ear intereJt (rom date thereo( at the higl~est law- ~uI rate f1~en allowed by 1he laws of the Stale oj Flortda. ~l any sum o~ money l~erein re(erred !o be not pmmptly paid will~in 30 days rtexi .~jter the same becomes due, or if each and euery the agreements, stipulations, conditions and covenants oj said note and this mort~age, or eiil~er, are not j~lly ~~/ormed, corhplied witb nnt~ abicIerl 6y. Ihen the entire sum meniioned in said note, and tl~is mortgage, or the entire 6ulance unpaid tl~ereon, sholl jorll~with or thereajfer, at 1he option oJ Il~e mortgngee. 6ecome and 6e due and payable, anything in said note or herein to t1~e conlrary notu~it{~standing. Failure by ll~e mortgagee to exercise nny of the rigl~ts or options heretn prouided shn~~ not constifute n waiuer o~ any rig~ts or options unc~er said nofe or t{~is mortgage aceruecj or f~ereafler accruing. ~n ~~lll~ iV~~OI~ ftip sai~ mortgagor has hereunto signed and sealed tl~ese presents !tie ' c~ay ancr yenr (irsf aFwne u~riften. Sig a de ~~er in the presence o/: ~ . . . ~ - - - - ---Daniel-~N: ICi~o~i+~es ~ --Jr: , r~~ - ---1_%_~••`•~Lk/+~-~ ~ ~ Therese B. Kno~les ~ ' - i ~ . STATE OF FLORIDA, ~ ~ a COUNTY OF ST. LLICIE I HEREBY CERTIFY that on this day~ beforc me. an of(icer duly authorized in the State atorcsaid and in the County aforesaid to tak~ acknowledgments, penonally appeared } ~,,,~~n _ r, n.~ DAIQEL N. 1CN~TLSS, JR. and T~I~SS B. IQ~IOWLES, his Wife. : ~•t'o ~m~ kt~ow~ te be the person g described in and who executed the (orcgoing instrument a~d t~Y acknowledged , ~ ~ ~~`~dre~~tth;t t}iB~? cxecuted the sama -••~KITN~SS iny hand and of[icial seal in the County and Swte last aforwid this 30th ~Y °f ~ n, Jarnia~ry;• A. D. 19 70 . , ~ / ~ ' : ~ . - - ---Nb1zry'Pii's!it:3late-of-Fl~r~a•at-~larga-......._.. FI~ED AND RECORD ~ ~y ~o::,-:,,;~„ Cx;,;:es :an. 5, 197~ ;T. LJCfE COUyTY. FLA. a:~~~ a, ~,•n~•• Fp. s c.?..w a. r ~.v^r~~~~v ~ ~ ~ S 7~ sl~ ~riF~ JQ fl~ L. 52 ~C'.~~1~~ .~):.i_rt Y(,i•_...~J C~Eic~: rinCLtT COiJRT 1'I~u hutna»cn~ prepnrc~~ by: A~~ilirxr ~ j _ 800K~~~+ PAGf~~~~~ f ~ x, ~ . ~ ; ~ : w.;,,^r : = __.u..