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HomeMy WebLinkAbout0740 and shall perJo~m, comply with and a6ide 6y ench and eve?y ti~e agreements, stipulaltons, condiltons and co~~enants IhereoJ, a~id o~ this mortga~e. Iken 1{~is mortgoge and tl~e estate he.Bby creaied, s1~all cease, de- termine ~nd 6e null and iwid. ' s i ~ndfhp mortga~or heraby furlF~er covenants nnd agrees to pay promptly when due the principal and ! i interesl and oftier sums of money provic~ed ~o~ in said note a~d ttits mortgage, o~ eifher: to puy a~~ nnd singu~ar f~e fa.res, assessmenls; ~euies, ~ia6i~ilies, ob~ipations, and encumbrances oJ every ~afure on snPd pro- ~ perty; to permil, commil or suJfer no waste, impairmen! o~ deteriornfion o~ said ~and o~ t~e improvements IF~erecn at any time: ~o ~PPp IhP buildi~~s now or herea(!er on said land ~ully insured in a sum oJ not less ~han ~ in n company or companips accepta6le to the mortgaflee, tl~e policy o~ pollcies to 6e held 6y, nnd paya6le - to, said mortgngee, and in IhR event any sum o/ money becomes paya6le by vtrtue o/ such insurance the , morfgagee shall haue the right to receive and opply Ihe same to the tndebtedness here6y secured, accounting ~ to !tie mortga~or lor any surp~~~.s; to pay aj~ cosfa, charges, and expenses. ~nc~uding ~awyer s~ees and tit~e searches, reasonn6ly incurred or paid 6y the mo~tgngee 6ecause oj the Jailure af the mortgagor to promptly ~ and Jully comply with II~e agreemenfs, stipulntians, co~ditions and covennnts o~ suitl note antl Ihis morfgage. or eiiher: to perform, comply with nnd abide by each and every t{~e agreeme~ts. stipulations, eonditions and covenanfs sef forlf~ in saic~ note and ttiis mortgage or eitker. In fhe event the mortgngor (ai~s fo pqn u~~en • crue anp tnx, assessmenf, insurance premium or of~er sum o~ money pnya6le 6y vlrtue o( sait~ aele._nnd fkis mortgage, or eilher, fhe mortgagee may pay ~6e snme, wi!{~out wniving or aJjecfing the oplion to ~orec~ose or any otl~er ripht hereander, and all such payments shnll bea~ interest jrom date thereo/ at 16e I~ighest law- (ul rafe lhen allowed by tl~e Iau?s oJ tl~e State oj Florida. any sum o( money herein re(erred to 6e not promptly paid wifhin 30 dnys next after ~ Ihe same 6ecomes due, or iJ each and euery the agreements, stipulntions, conditions and couenanis of said ~ note nnd fhis mortga~e, or eitf~er, are not ~ully perJormed, complied with and a6~ded 6y, lhen the enfire ; sum mentioned in said note, and l1~is mortgnge, or the entire 6alance unpaid ihereon, sl~all /orthwith or ~ 11~erea/ter, at the option oJ the mwtgagee, 6ernme nnd be due and paqn6le, anytl~ing in said note or herein ~ to t~ie conlrary notwitl~standing. Failure by the morfgagee lo exercise any of the rigtits or options herein providec~ sha~~ not constitufe a waiver o( nny rig{~Is or opfions under saic~ note or t{~is mortgage accruec~ or f~erea~ler nccruing. s Dn ZV~LII~s I~e snicl mortflagor has {~ereunto signecl nncl seule~ these presenls t~e cray nnc~ year jirsf abore u~riHen. 3 ~ Signec~. sealed nnd deli~~ered in tF~e presence of : , ~ , . ~t X~1%T.Q_:..~----~~ ~S~ - . ~ ~ ~ / c~ f~I ' TL ` ..1.~,~ ~ - - - - . ~ - ~ - - ~ ~ ~ ~ ~ - ~ _ ~ f Y ~ STATE OF f~~iR, ~ C~ ~~I i 0.' couti-nr oF D o u h e~r ~ ~ y I HEREBY CERTIFY that on this day, be(ore me, an officer duly authorized in the State aforcsaid and in the County aforesaid to tak~ acknowledgmenu~ personally appeared l HUGH B. SPIRES and THERESA L. SPIRES, his wife to me known to be the persoeS described in and who esecuted the forcgoing instrument andtil@y acknowledged beforc me that they exccuted the same. Q ~ i.~q Wt7?~IESS my hand and official seal in the County and State last aforesaid this ~i•~ - day of ~ z A. D. 19 70. ~ rn~ „~,~~~f~,. ; . + i , f~,,; - ~ NO .;---:^:---~--:-,J.;.;. DED ~ ~ ~ . . . FILED A ~ UN~R. FLA. ~e :.5~ ;.:7- J J.;~~` : ST,+LUC~E C::tIF+FD -:i; . t~`~~ =~.a f~ y • .O ~ ; 1~26~ : ~.Y, r. : ~ ~ ~ ~n:.; 6 • i. c. :1 r~ i` ! ~ ~ . y " l:J- ~:1.. ~ . - ; _.~},i.{ ~ . ~;,'~J~ t , _ ~ . : ~ ' A +t , _ ~ i •1 . 1 • . r ~ { ~ -.1 '7p APR 2~ r"~~ ~ j ~ t ~ ~ ~ ' ~ ~ _ o~,~.G~rJ~ ,i~ _ . -~`G~ ~~-a ~ ~a- . _ ~ ;,'~IT ~~~RT ~/'l~`~cv1 . : , f ~~E~K C1R~ - `'y` _ < ~ . _ = _ ± ,r ~ Tl~u I~wni~~urr~ prrpnrrd by: } ~ . . . . ~ ~ ~ R Q~ ~ A~Iclrrss 6801( ~U'g ~116f ~ ~ ~ ~ ~ - ~ ~~_.~F__... e~.. = -