HomeMy WebLinkAbout1625 orut shall perform, comply wit1~ ancl aLkle by each und eucry ti~e a~;reemerits> stipulattons. corulit~ons and
coverwnta thereof, and o/ this mortKa~e, then thts »~ort~age a~ul the estate herel~~ created, s)sall cease, de-
termfne und be nuU antl void.
~ the mortgogor hereby further couenants a~ul agrees to fwy promptly when due tl~e princtpal a?ul
tnterest and other sums of money proukled for in sai~ nole and t1~ls mortgage, or eitl+sr; to pay ai! anct
stngular the taxes, auess»aents, feulea, i~abtlities, obltgattona, aru! encuml~ra~~ces of eoery nature on satd p~op-.
erty; to }~ennit, commit or suBer no waste, fmpairment or deterloration of said land or the improoements
ihereon at any time; to keep tha _buiWinga now or hereajter on said land fuUy fnsurec! fn a sum of not leis
' il~an
~n a comNany o~ companies ucceptaliie to the mortgagee. the poltcy or policies to be held by. and poyal~le
; to, said mortgagee, and in the event any sum of money becon~es payable by virtue of such insurarux the
; mortgages shall hane the rtght to receioe a~xl opply the same to the indebtedness hereby secured, accounting
~ to the mortgagor for any surplus; to pay ail costa, chnrges, ancl expenses, including.lawyera fees and_titJe
i searches, ieasonaliG~ incuned or patd by the mortgagee because af ihe fatlure of ti+e rrwrtgago* to promptly
' and fully comply with the agreements, stipulotions, conditions and couenants of said note ancl this moregage,
or either; to perfo*m. comply with and abide l~y each and every the agreements, stipuFotions, condittons and. .
cocenants set forth in said note ond this mortgage or either. In the euent the mortgagor fatls to pay wlien
due any tax, assessment, insurance premium or other sum of money payoble by virtue of said note and thts
mortgage, or either, the mortgagee may pay the same, without waining or ~ectmg ihe option to foreclose
~ or any other rtgl~t hereunder, and aU such payments shal! bear interest from date thereof at tl,e hi~hest iaw-
t ful rate then allowed by ihe laws of tl~e State of Florida.~
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' any sum of money heretn seferred to be not promptiy paid i4~ithin thirty
the same beoomes due, or if each and every the agresments, stiNulutions, conditton,* a?~d conerar~ts of aaid
note and this mortgage, or eiiher, are not fuUy performed, complied with bnd abided by, ihen the entere
F sum mentioned in said note, aad ihis mortgage, or the entire lwlance untwid thereon, shall fo~thwith or
thereofter, ut the option of the mortgagee, I~ecome and be due and payable, onything in said note or herein
to the contrary notwithstnnding. Failure by ihe mortgagee to eacercise any of the rights or optiona herein
provided shuA not constetute a u;aiver of any righta or options under said note or thu mortgage accnie or
ihereafter aGCnring.
~n the said, mortgagor has hereunto signed and sealed these presents the
doy and year-first above ~i%ritten. ~ - -
Signed, e d anci de i red in t presence of:
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t STATE OF FLORIDA. ~
~ CouNiY oF g~. Lucie
I HEREBY CERTIFY that on this day. beEore me, an
o6cer duly authorized in the State aforesaid and in the Connty aforesaid to take acknowledgments, personallY aPP~*~.
Daniel B. and Gloria l. Ward
to me kno~cn to l~e the prr~+~ng ik~sc~lxYl in and aFx~ rcech~trd tFx• forr~:oinye inctn~nx•nt a~xl they aeknowie~iRed
hefom ute that they ~•~c~•~d~Kl ihe• .:u~K~. ~~~*~~~~te;~::~,~~~
~VIT~ESS my haixl and offxia) s~al in thr C.ounty and State lact afon•said this ZS~~.•` 3~~~~ 'li,a4p:~
.~y~5 - Y7 ~
November A. D. ty74. J' .i"`
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~ ~ NOTARIf KMl1C STM! Of,~ A~~~ -
~ R Q MY COMAAIS~ON l~~bR~ !R ~It il77
~ f ILEO CO~M~Y ~~A• ~ ~0lOEp 11rRU tiHJHAI_~iSllRAft ~~~r~r'
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F.EC~~n JE~
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