HomeMy WebLinkAbout4026 an~ s~ul~ per~onn, coe?~p~y u~if~ anc~ ahic~e hy each an~ Pt~Pry the agreeme~ta, slipulationl, candifton.t nnd
cooenants thereo/, and o/ t1~is mortgage, thpn this rnortgage and lf~e eslate hR.~e6y created, ahnll c~eute, de-
tprmine und 6e null and void.
~ill{i fhe morfgagor herr~?y ~wther covenanls anc( agrees fo x?oy prompt~y When d~ ~I?e Prin~~~! o??d
inte~pst and other su~ o/ money provided /or in said nole ond tl~is mortgage, or either: to pny all ond
si»gular t{~e tnxe~, assessments, leviea, lia6ililies, o6ligations, and encumbrances oJ every nalure on said pro-
perty; fo permil, comm!! or su~~er no wasfe, impairment oP delerio?nfion u~ said ~and o? ftie improvementi
ther~on at any time; to keep tl~e 6uildinfls now or herea/ter on said Iand Jully insu?ed in n sum oJ ~ot leas
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in a compnny or companies ncceptnb~e to the morfgagee, f~e po~icy o~ po~icies fo be 1?eId by, and paya6le
to, said mortgagee, and in t1~e event any sum oJ money becomes payoble by vi?lue o/ such tnsurance the
mo~fgagee sI~aII I?ai~e fhe rig~f to receiue and apply tl?e same to tl~e indebtednesa hereby secured, oceruunting
fo the mottgngor ~or any surp~us; to pay al~ rnsft, charges, anc~ experuet, tncluding jawyeri ~ees anc~ tit~e
sea?rhes, reasonably Incu~re~ or paid by t/~e neortgagee because o~ t~e ~ai~ure o) the rrtoAgagor to promptjy
ancl ~u~jy comply wif{e !{~e ogreemenls, s?ipu~alloru, concjitions and covenants o( said note and lhis mortgnge.
or eiJher: Jo perform, comply u~ith and u6ide 6y encl~ and every !be agreements, stipulations, oonditions nnd
covennnis set foriti in saic~ nofe nncl tl~is mortgnge or either. ~n the event the morlgagor ~ai~a !o pay wken
due nny tax, assessmenf, insurance premium or oftier sum o~ money paya6le 6y viNue o( suid note and ll~is
rnorlgcege, or eit~eer, f~P m~utgagee may pay fhe same, wifkouf waiving or alfecting t~?e option to (orec~ose
or any other rigtit 6ereunde~, and all such payments sl~all 6ear interest /rom date tl~ereo/ a! the I~ighest Iaw-
(i~l rafe tl~en allowed by ttie Inu?s oJ tl~e State o( Florida.
any sum of money herein re(erre~ to be not prompt~y paid wil~in thirty dny: next a(ter
t{~e snme be~~omes dtie, or i~ eac6 and eaery fl~e agreements. slipulations, conditions and covenants o/ saitl
note and this mortga9e, or either, are not jul[y perjorn?ed, comp[ied witb und abided 6y. then the entire
sum mentionecl in aaid note, antl tF~is mortgage, or t6e entire balance unpaid tl~ereon, shall /orthtuitl~ or
thereajter, at tRe option o/ tl~e mortgagoe, become and be due and puyab[e, anytl~ing in snid ~ote or hereen
to the contrary notwil~s(anc~ing. Faijure by the mo?tgogee to exerrise any of t~e rig/e!s or opfions ~erein
~roc°i~c~ s~u~~ not tY1R3tt~Et~P c~ f<•nir~rr nl any ri,q~et~ t~r nptions under snid note or ltiis morfpage accrued or
f~~rea~ter occriting.
~~n ~itness ~hereof~ t{~e seid r?~ortgagor l~es ?~preunto signed and sealed these presents ttie
~ay aR~ yc~ar ~irst a~onp te~riilPn. ~
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~igne~. s~a~~ mid ~e~ii~eretl i?? fhe presence o~: j I
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y; ! r ~ VA . KAY , JR . i
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E STA'TE OF FL()RIDA, ~ ~
! Cnt'\TY OF
$`I'. LUCIE I HEREBY CERTIFY that on this day, beforo me, an I
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officrr aulp authorized in the Stat~ a(oresaid and in tht County aforesaid to takc acknowledqments, personapy appeared i
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~ j Iva W. Kay, Jr. ~
~ to m~• known to br thr pe~rwn described in and who executed the (oreqoinq instrument and he acknowiedgcd
~ before me that he cx~cuted the same. ~
+ - 1\'ITtiESS my hand and of(icial seal in thr County and State last aforesaid this p?6 day of
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! , ~I~~L'iP~~,lr D. 19 72. ~
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y~~ I r• NulAI~Y U C~ o orida ~
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• n • ` ~ ' at Large . 1
J~ ~ ~ My commission expires 7-
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