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HomeMy WebLinkAbout0882 and shall per/orm, rnrinply witl? ond a6~de 6y eacl~ and every the agreements, atipulations, condttionr and i~oaenonls IhereoJ, and oj Ihis mortgoge, then this mortguge and the estate hereby c?eated, shall ceuae, de- terrntne and be null and iwid. ~ !he morfgagor hewby jurther covennnta end agrees to pay promptly when dut the principal nnd inlerest nnd other ~ums oj money provided for in said note and tl~ts mortgage, or etlher: to pa~y nll and singu~ar I~e IQXpl, nssessments, ~evies. Ita6tlifies, obligntiona. anc~ encumb~nnce! o~ every nafure on said pw- perty; fo permtt, commit or auf(er no waste, impairmenf o~ deterioralion o~ sn~d lw~d or the improvements thereon at uny time: to kppP ~he 6uildings now or he?pa/ter g~t said land Jully tnsured in a sum oJ not less than THI$TBffi`1 THOUSAND AND NO/100 - - - - - - - in a company or rnmpnnies acceptable to the morfgagee, the poltcy o~ policies to 6e heW by, and ~ro6le to, said mortgagee, and in !he even! nny sum o/ money beco~nes ~ya6t~ 6y virtue o/ su~h insuranc~ tl~e mo?tgagPe sl~all ha~~e the right to ?eceive and apply 1he same to the tnde6tedness hereby aecured, ac~counting fo fhe mortga~or (or any surp~us; to pay aII coats, charpes, ancl expenses. inc~uding ~awye~s ~ees ond ttt~e sear~chps, reasona6ly incuned o~ paid 6y the mortga9ee 6ecause of the /nilure oj t1~e mortgagor to promptly anc~ Jully corr~p~y wil{~ f{~e a~reements, sttpujations, concrilions and covenanls o~ said nofe and t~is morfgage. or eifher; fo per~orm, comply witl~ and a6ide 6y eacl~ and every the agreementa, stipulnfions, conditions nnd conenants sef (orl{~ in auic~ note nnd f{~is mortgage o~ eittier. In tke event the mortgagor ~al~.t to pay w/~en due any tnx, ossessment, insurance premium or other sum o~ money paya6le by virtue o~ sntd nole and lhia mo?fgafle, o~ eilher, 1{~e morfgagec+ may pny t~e same, without waivtng or a~Eerfing the option to jorec~ose or a~sy oti~er right herPUnder, and all such paymeRts sF~all 6ear i~tprest /rom date thereo~ at the I~ighest law- (u! rale tlirn allawed 6y thP lau~s oJ t1~e State oj Florida. ~L any sum oJ money tierein rp(erred to be not promptly paid withtn 30 days next a~ter the same h~comes due, or if eac{~ and every the ag?eemenfs, stipu~ations, conditions nnd eovennr~ts o~ aaid note and tf~is mortgagp, or eithp~, a?e not juIly perjormed, c~rrtplied with and a6~ded 6y, then the entire , sum-mentioned in said note, and tl~is mortgage, or the entire 6alance unpaid t1~er+eon, a{~aII ~ort~witl~ or tF~erea(tPr, ot thF opfion oJ tl~e mortgagee, 6ecome and be due nnd paya6le, anytl~ing in aaid note or herefn fo thp ronfrary notwithst~nding. Failure bq the mortgagee fo exercise any of ths rtg~ts or options tierein prori~e~ s~a~~ nof conslilufe a u~ai~~er o~ any rifl~fs or oplions une~er sai~ nofp or l~is mortgage nccrued or I/IPMAf f~r accruing. ~n ~itness ~hereof~ f~e soid mortpagor f~as F~ereunto signed and sealed fkase presents t?~e t~ay ana y~ar (irsf a~~ove U~~/~IPII. S[911~. SPa~P~ and dPli~~ered I/I thP p~pSPI1CP Oj: ~~?~~.~c.....~~..- - i~~~ - - - - - . . ~S~ - ~ ~ ~ ~ ~l.~CL2~ c ~ ;J ~i ~c ~c ~ ~C!~u~ --1--- ...~~--.t./.~..___.....~ ~ : , ; - , , ; , ~ ~ t i 3 ~ 3 ~ STATE OF FLORIDA~ ~ - ~ COL'NTY OF ST. I,UCIB I HEREBY CERT'IFY that on this day. befon me, an ~ o(ficer duly authorized in the Stat~ aforesaid and in the County afor~said to take acknowledqmenb~ personaUy appearcd ~ M. H. HUNSYCUTT and LULA VAN HtTNEYC(TIT, his wifa ~ to me known to Ix the person 3 described in and who ezecuted the [or~goinq instrument and thCy acknowkdged ~ before me that they ~:eruted the same. - , ~ WIT~ESS my hand and o(ficial seal in the County and Statc last a(oresaid this 27th• day o( ~ February A. D. 19 70. ~ ~ ~ - K ' Y;. ~ . / ~ i ~ ~ ~ -~P< Ct%~J ` ` _ NOTABII IUBUC. gTATE OF FLOPIOA AT UR6t ~ WY COMMISStON ExrIQEs NnV. 12, ~q~~ FILED AND RECOROEOroNOEO iMROUON fRED W. 01ESTELNOI~i~ ~T. LUCIE COUNTY, FLA. c:c~pri;, ~1Er~i=1Eb F^ - . ~ '1 ~ . _ ~90604 . _ ~ . = ' ` ~ ~"70- ~ t~1AR 3 P~ 2 : 37 ~ ~ ~ :v _ ~.~~vo r.l~.c~ - . ;CJ ~ 'O!~RHS CLERK CIRCUIT COURT; ~ . i . C~ z 0R e~ Q ~ _ 600K ~8J PACf p$z I _ - _ : - - ,