HomeMy WebLinkAbout1793 and shafl perform, comply uyth anrl aLide by each and eucry tl~e a~;reen~e~~ts, stipuJatans, corulitions and
cooenonts thereof, and of thts mortgo~e, then this mort~;a~;e aiul the estate hereby created, shall cease, de-
termine and be nuU and void.
~ tl~e mortgagor he~eby further eovenants and agreea to pay promptly when due ihe princtpai and
interest and other sums of money provicled for in said note and tl~is mortgage, or either; to pay all and
singular ihe ioxes, assessments, levies, liabilities, ovligutions, and encumbrances of eoery nature on said prop-
erty; io permtt, com?nit or su~er no waste, impuirment or deterforation of said iond or the improvements
ihereon at any time; to keep the buildings rww or hereafter on said lond fuUy insured in a sum of not less
than
in a company or componies ucceptalile to ihe mortga~ee, the policy or policies to be held by, and payable
to, said mortgagee, and in the eoent uny sum of money becomes payable by virtue of such insuronce ihe
mortgagee shaU haoe the rigl~t to receive arul apply the snme to the i?ulebtedness herevy secured, accounting
to the mortgagor for uny surplus; to pay all costs, charges, and expenses, including lawyers. fees a?ul tide
searches, ieasonobly incurred or paid by the mortgabee Gecause of the failure of the mortgagor to promptjy
and fuAy comply with the ogreements, stipulations, conditions and couenants of saul note and this mortgage,
or either; to perform, compiy with and abide by each anct euery the ogreements, stipuiotions. conditions and
c~ooenants set forth ~n ~aid note and this mortgage or either. In the eoent the mortgagor fails to pay when
due any tax, assessneent, insurunce premium or other sum of money payalile by virtue of said note and this
mortgage, or either, the mortgagee_ may pay the same, wythout u;aiving or a~ecting the option to foreclose
or any other righr hereunder, and aU such ~ayments si~all Gear interest from date thereof at the highest law-
ful rate then alloued by the lauu of the State of Florida. _
~f nny sum of money herein refened to be not promptly paid within thi..rty days next afte?
I the same becomes due, or if each and eoery the ogreements, stipulations, oonditions and covenants of said
note a?ui this mortgage, or either, are not fully per/ormed, complied with and abWed by, then the entire
sum mentioned in said note, and thes mor~gage, or ihe entire balance unpaid thereon, shall forthwith or
thereofter, ot the option of the mortgage~, become and ~ie due and ~wyable, anything in said note ot herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rigl~ts or options herein
proouled shall not constitute a u;a~ner of any rights or options under said note or this mortgage aecnred or
thereafter accruing.
~R ~~~1~ ~~~1~ t1~e said mortgagor has hereunto signed and sealed thes~e presents the
day and year first ohove ~critien. .
Signed sealed a~ d-J~~red in the presenee of: - -
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~ STATE OF FLORIDA,
~ CovrrtY oF St. Lucie ~
~ I NEREBY CERITFY that on this day, before me, an
~ o~cer duly authorized in the State aloresaid and in the County aforesaid to take acknowledgments, personally appeared
George W. Sellers and Willie Lee Sellers, his wife ~
to nx~ kta~~•n to 1?e tFK~,pr~ns ~k:a•ri1xYl in and ~~~Fw? ~~\tY'UIf•d tlx• fc~n•~:oinK indnum•nt aixl they arkno~vleclgecl
liefore um that they ~•~~rutecl dx• .:uiK•.
\VIT~iF.tiS my hand and otfx•ial se>xl in thr Gpmt~• and State lact :durt•said this 2~jth ~F
~ May A. D. 1~73. ,.,~~'i,~~., ti,,,,
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- ~ONDED iHicu ~:u:= :AE i':.._;:t,;'CE-~:. E P,iT~ ~
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~ ftLEU e.Nc ?ECORD£0 ~ oc . _
ST.IUC~E : JUNTY FL~• ~~~'`''~%N~~~~~~~~~`~
~ IidCE• ?J•T~~S l ~
~ CLERK COURT ~
eFr~K°., ~:-'f`EO
~ M~ 2~ 9 22 AN'13
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~ ~a~K2~4 P4CE1792
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