HomeMy WebLinkAbout1243 and shall perform, comply uNth and abirle by each anci eucry the a~;?eeme~us, stipulat~o?u. condtNona ond
covenants thereof, and of thi~ mortgage, then this mort~;a~;e o?ui tl,e estate hereby created, sholt ceaae, ds-
termi~e ond bs nuU and ootd. .
~ the mortgagar hereby furtlie~ conenants ond og~ea to pay promptly when due t1~e prtnctpal ond
fnter~est and other suma of money p+nutded for in said note and thir mortgage, or either, to pay all and
singular the taxes, assessments, le~ies, ltobilitiea, obligotions, and encu?nbroncea of every nature on sakl prop-
erty; io permu, commit or su~er no waste, tmpairment or deteriorotion of soid bnd or the improasmenta
theneon at any time; to keep tiis butldinga now or i~ereafter on said land fully insured in a aum of not lesa
than Eight Thousand and No/100-----------------------------------
in a company or compantes aaoeptable to the mortgugee, the policy or ~oiides to be heid by, and payabie
to, said mortgagee, and tn tlee eoent any sum of money liecomes payabls by virtue ot such ir?suronce tha
mortgagee shcU haos the right to ~c~eive and opply the same to the indebtedness he?eby secured, accounting
to the mortgagor for any surplus; to pay ail costs, charges, and expenses, tncluding bwyer's fees and title
ssasches, i~easvnobiy incurred or paid by the mortgagee because of the failure of tl+e mortgagor to promptJ~j
and fuUy comply witb the agr~eements, stipulutions, condiNons and covenanrs of soid note anci this mortRa~e.
or etther; to perform, oomply with and obide by each and every the agnements, sHpulations, c~onditions and
covenants set forth in s~d rate ond thts mortgage o~ either. In the eoent !he mortgagor fuijs to pay u~hen
due any tax, o~.sessment, t~surance premium or other sum of money payable by oirtue of said note and this
mortgage, or either, the mortgages may pay the same, without waiving or a~ecttag ihe option to foreclase
or any other right hereunder, and aU such ~ayments shall 6ear interest f?om dote ther~eof ot tl~s highest Taw-
ful rote then oUowed by the laws of the Stote of Fbrida.
~ any sum of money henein refened to be not promptly pak! w~ithin 30 days next after
ihe same becomes due, or if each and euery the agreements, stipulations, conditions and cooenanta of said
note anc! this mortgage, or either, are not fully performed, complfed with and abided by, then the entine
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, rhaU forthwith or
thereafte~, at the option of the mortgagee, become and be due and payoble, anything in aaid note or heretn
to the contrary notw-ithstanding. Failure by the mortgagee to exercJse any of the rights or options herein
prooicled shaU not constitute a uatner of any rights or options under said note or this mortgcge accn~ed or
therea
f
ter accruing. _
the said mortgagor has hereunto signed and seaIed these pr+e~ents the
day ar~d year jirst above ~critten.
Sigr~ s~:.'~^d and delices~r~ fn :!sc ~sssence of:
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STATE OF FIARIDA. ~
CovN~1V oF St. Lucie
I HEREBY CERTIFY that on this day, before me. sn
o~cer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Leland Preston Ray, a single person
to me k~xi~~•n to lx~ tlu• {x~r~m di~scribe~cl in and ~vho rxtti~utrd NK• (ony:oinK imtn~nx•nt aixl he arknowkciRecl
heforc u~e th:+t he ~•~eruted tix• .:u~K.
~~'ITNE5S my hand and ot(icial sc:il in t}x~ ('.om~ty and Statc lact afnrcsaid this 16~1. clay of
~y u. i~~ ?2. , :
,
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~ fILEO AMO RECOROEo HOT~RY PUBtTC BTATE OF FLORIQA AT tARGf
~ =T LUCIE COU[ITY flA. M1t COfa~s;ssloN ExP~rtES r~ov. i~, 197g
ROCE6 POtTAAs AEhERAL IN~URAt~CE. UNUERWIuIEIiy,
CLEiiK C~RC;lIT COURT
RfCORf1 Yc F~FIEO
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!~r 16 I si PH 71 '
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