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HomeMy WebLinkAbout1115 and shnll pe?jorm, crmply wilh ~d abtda by ~h and e~~ery the agresment~, aNpulattoria, rnndttlo?u and coi~enants thereo(, and oJ this morlgape, t1~en Il~is mortgage and the aitate h~6r rreolyd, a1~nll cease, d~- termine and be null and i*oid. ~ thp mortgnflor hen?6y (urlhe~ couenanta and agreea to pay promptly wken dw the princlpal and Infe~+esl and olher s~ims o~ money prouic~ec~ for in sntcj ~ote nnd ftiis mo?tgnge, w eith~; to pay au a?d ainflu~a~ t{~e taxes, assessments, ~euies, ~iabt~ifies, o6~Igntioni. and e~cum6ronces o~ every nature on aatd pro- peHy; fo permit. commit or su~fer no wasle. impairmen! or Jeteriorafion o~ aaid lund or ike tmprovemonla therecn at any time; to ~PPP ~~P butldings ~ow o~ hereajter on ~aid land /ully insured tn a sum o/ not lets thnn THE INDEBTEDNESS SECUREa Y,EREBY in a company or companies acceplable lo fhe mortgagee, the po~tcp or poltciea to 6e held by, ~d ~ynbb to, sald morfgagee, nn~ in !he event any sum oJ money beoomes ~ya6l~ 6y virtue of such ina~uann Ihe mo?tgagee ahail have the righ! to receive and apply tks sama to t?w indebtedneaa.hereby secured, accounting to t~e morfga~o~ (o~ any surplus; to pay a~~ costs, c~argea, and expe?ues, inc~tu~ing lawyer a~ess un~ til~e :earches, reasona6ly incum~ or paid 6y i~e mortgagee because o~ t~e ~ai~ure o( t~e mortgagor fo promptly anc~ ~u~~y comply with the ag~eemenfs, stipu~alions, cone~ifions and eovenanls oj said note and tl~ts mortgage. or either: to per(orm, comply wit6 and n6ide 6q each and e~ery 1he agreementi. stipulatioru, conditioru and couenants set ~orth In said note nnd t1~is mort8age or either. In fl~e event tF?e ntortgagor fatG to pay whon due anq tax, assessment, insurance premiunt or other aum oj rnonep pa~+a61e 6y virtur o~ satd note nnd f~ia morfgape, or eif{~er, !he mortgagee may pay !he same, u~ithout wniuing or uJfecting ~he option to foreclose or any otF~er right hereunc~er, and all such payments shal~ 6ear interest ~rom dute fkereoj at the hig~est law- ~ul rate Ih~n allowed by 1{~e laws o~ the State o~ Floridn. ~L nny sum oj monPy herein re(prred !o be nof promptly paic~ within l.~ duys next ajfer fhe same becomes due, or iJ eacF~ and euery the agreemenls, slipulafions. conditions nnd c~ovenants of iaid note ~d th~s mortgage, or either, are not ~ully per(ormed, complied wilh and o6tded by. ~~en the eRtire sum mentioned in snid note, and this mortgnge, or t{~e entire balance unpaid tkereon, shall jortkurith or f~ereaJter, af f~e opfion o~ ftie mortgagee, bec~ome and be due and paya6ls, anything tn said note or hereln !o t~e contrury nolu~ifhstanding. Fail~ue 6y the mortgapee fo exer+ciae any of t~e rights or optfons heretn provicled s~aj~ nol constifufe a u~aiver o~ any rights or options unt~er said nofe or f is mortgage a or . Iflp?'Cp~ler accruing. ~~~11Q~ ~~~Ot~ t{~e said morf~agor has hereunto signecl and sealed lhese presents e~e cray nn~~ year ~irsl a~ve u~rilfen. Signe sealecl and delinernd in Ihe presencp of : ? - - ~~G++.._.._. ~ ~LO ' --------...ai1l~n-~rt/_.g~.t/t~~,o,!w--------- - - ~ - ~ - i ~ , . ~ € ~ ~ - - ~ ~ ~ STATE OF FLORID4~ ~ ~ COUWTY OF St. LUCl@ j HEREBY CERTIFY that on this day. befon me, sn ~ otfic~r duly authorized in the Stat~ atorcsaid and in ths Gountq aforesaid to take ack~wwkdgmmts, perwnally appeued ARTHUR MAULDIN ~ ~ ~ ~ to mc known to bc thc person described in and who executed the forcgoing instrument and acknowkdged befor~ me that ~ cxecuted the same. ~ ~ N'I7'NESS my hand and o!(icial seal in thc County and State lau aforeuid this ~S " d~Y ~ ~ A. D. 19 ~ ' ~ .,.,.,j;. Notary Public, State of Fla. at arge ~ t;;' ~iy Commission Expires . 1/5/76 y ~ _ . - ~ t x . : - - r' ~ :k~` ~ , s.~:~'.t,`~' f1LE~j4r ~~E'lliY~~ ? . V . • ~ ^ ~ :.3' _r st aacc.c~n, 5 - i . Ll! ~#R~ UR ~ • 7M. - ~ ti + C~ ~ • ~ 4 ~ i~,t~' CtEF~.:.~~;~.E~r.~'*'.~r d ~ _ . RF~~Ri~ V[~ f 4 ~5 PH ~3 ~ ~ . 17iu hutn~n~rn~ prrpnrrd by: 0 R~',$ ~A~1114 26311'7 saoR Address ~4; _ _ : ~ ~ ~ ~ ~ ~~'"'°~-~~a ~ ~ . , ~t.. . . _ - ~