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HomeMy WebLinkAbout1880 1 C and shall per(o?m, comply witk and a6tde 6y ~h nnd eu~ry~ the,agreements, stipulation's, condtttona and coner~anta the~eoj, and o/ tF~ts mortgnge, the~ tf~ia mor~gage and~tl~s eitute hemby c?euted, shall c~ease, d~- termine and be ?ui~l and votd. - j Ti1lY t~p mortgaflor ~erc~by ~urther covenants anA agrees to pay promptly wheh due fhe prlncipal and inleresl and ofher sums o~ money prouided for tn aaid note ~d eh~ morfgage, or etther; to pay u~~ ond stngular Ihe taxes, assessm~nfs, Ieutes, ltabili~ies, obllgatioru, nred encum6mnces of every nalwe on aaid pro- pe?ty; to perntit, commit or su~~er rto waste, i~xeirment o~ delerior+ation o~ said ~anc~ or !he improuementt thprecn o! any lime; !o RPPp ~~B 6ulldines now or he?eajt~r on caid land /u~ly insured in o sum oj not less tl~an the hi~~s~ insnrable value tn u rompany or companies accepta6le fo tl?e mo~tgngee, the policy or policies to 6e held 6y, and paya6le to, said mortgagee, and in tl~e event nrty sum o( money becomes payab~e by virlue o~ such Insurance t6e mortgagee shall hat~e tl~e right to ?eceive and apply tl~e same to i1~e indebtednesa hereby secured, aceounting to t~e mortgu~or ~o~ any surplus: to pny a~~ eosfs, c~arges, and expenses, irtcludtng ~awyer~s jees and title searches, rensona6[y incurred o~ paid 6y 11~e mo?tgagee becnuse o/ fhe /ailure o/ tl~e mortgagor to promptl~ ,nnd ju~~y comply wifh t~e ag?eemenfs, sfipulations, condifions and coaenanta oj said nole and t1~ts mortgoge, or either: [o per(orm, comply with and abide by enc1~ and euery ll~e agreemenb, stipulations, conditior~s und coc~enanls set /orth in said reote and t1~ts mortgage or either. In tF~e event the mortgago~ (ails to pay when due any tax, assessrrtent, insurance premium or of~er sum oj nioney pnyable 6y virfue o~ satd note anc~ this morfgage, or eithe~, ttie ?norfgagee mny pay Itie snme, witf~out wniving or a~Jecting Ihe option lo Eorec~ose or any olher rigl~t hereunder, and all such paymenis sF~all 6ear interest from date l6ereoJ ut tl~e highesl law- ~ul mte then allowecl by the luws oj the State oj F~orid4. ~l any sum o~ money herein re(PK~ IO be not promp~ly paid within 30 days dnys next a(ter the same 6pcomes due, or iJ each nnt~ every tFte agreements, stipulations, conditions and covenants of said note and this mortgage, or eitl?er, are not jully perjormed, complied witl~ and ab~ded 6y, t~ien the entire sum mentioned in said note, and ~his mortgage, or the entire 6alance u~paid tl~er+eon, shali (orthwith or lhereufter, at fhe option of the mortgagee. 6ecome and be due and paya6le, anytf~ing in said note o~ herein to the contrary notwil/~stdncling. Fai~ure by the mortgagee fo exercise any o~ l~ie rig~ts or options l~erein provic~ed shoj~ nof conslifufe a waiver o~ any righls or options uncler saic~ note or f~~s m~rtgage nccruec~ or l/~e.rea(ler accruing. ~n ~itness ~hereof~ tl~e said morlgagor has hereunto signec~ ancl sPaJed fl~ese presents !he c~ay anc~ year ~i~st n~ioae u~ritlen. Signed, ealed and de inere in t ese?tce o): , / - : ~ ~ ` ~ ~ - - ~ - - - - - - - ' - G : ` ' ris S. IIrawdy ~ _ 4.11L_..!_l.I.__ .__.~C4lrs,~.fz(:- sep~ Drawdf ~ STATE OF FLORIDA, ~ COU:v'rv oF ST. LUCIy I HEREBY CERTIFY that on this day, Ixfore me, an officer duly authorized in the State atorcsaid and in th~ County aforesaid to tate acknowledgments, personaUy appearcd Morris S. Drawdy and Josepkine L. Dra•~iv, his wife .to~:~e .kqpyvn to, be the persor6 described in and who executed the (oregoing instrumtnt and t~ley acknowkdged ` ~ - ' rf ~rie ~cbat ` ~hey cxecuted the same. , , , ~ ' ' s T~11~1£$ii's, my hand and ot(icial seal in t6c County and State last afotesaid this day of ~ ~ - ; ~ . ~ ~t3a~d- ~ : n. i9 70 FILED ANO RECOROE " S LUC1E COUNTY. FL • . . y R=.CO~:^ ~'FRt%-i~[7~ 1 . . ` f ^ . 1 . . ' t • , ' , . J• , . . • ~ . . ~ ' . " ~ 19348 - . : _ . • + • . . . . . . t~ 1. ' ~ 'T~ M.4Y ~ 8 ~ y No Pub ic , t~-'_:; F.'_"c. 5',i~ c' :i~. _ ~ . , ~ ' ~\„f1`- ~Q"~~.1 t..j _ :7'L; ~L~ . . . . . . S~-Di ~ • cc..:.s. ~a~Ft~ b C.u~a.:~ ~:OvE:x ..S CLERK ClRCUt7 COURT~ / _ ~ eoox~~~ P~CE~87 6 Tliis Inslrumc~~~ p~rrprtred by: ~Ra~teO w?M M. D. lppTM. A~ldress a. ~v ~TR~c~r s imrtt co~~ ar ~u: raet ~s~ qoa,~