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HomeMy WebLinkAbout1880 and shall }~er/orm. compiy ufth ancl aLkl~ ~iy cac)i und eucr~ thc u~;rcc»~cnts, slipulations, rontlitions and covenants thereo/, and o/ this mortgo~;e, tl~en this mort~a~;e mu! 1he estate hereGy creoted, shall cease, de- termine and be null ancl ootd. ~ t1~e mort~a~;or hereby further cooenants a~K! agrees to ~wy promptly when due the Urincipol and interest and other sums of money ~nouuled for in said note anc! ~his mort~age, or eit)+er; to pa~ all arul singular the ioxes, assessments, leuies, liabilities, obligations, and encumbrances oj euery nature on said prop- erty; to permit, commit or su8er no u;aste, finpairment or de~erioration of suid land or tl~e improvements tl~ereon ut ony time; to keep the butldings now ar hereofter on sajcl la~ul fully insured in a sum of not less than Twenty Seven Thousand and no/100----------------------- tn a compnny or companies acceptable to the mortgagee, the rolicy or ~oltcies to ve held ~iy, and payable to, saic! mortgagee, arul in the euent any sum of money Gecomes pa~able by virtue of sucl~ i~~,surance ihe mortgagee shal~ have the right to receiue and apply the same to the indeGtedness l~ere~iy secured, accounting to the mortgagor for unr~ surplus; to pay al! cosis, charges, a?u! ex~enses, including lawyers fees arul titie searches, reaso?w1~ly incurred or paid by the mortgagee because of the fnilure of the mortgagor to prom~tiy and fuUy comply with ihe agreements, stipulations, co?uletions and coveiw~us of said note and d~is mortguge, or either; to perform, comply with and aJiule Gy each and every the ngreements, stipulaiions, conditions and cooenants set forth in saici note ~rul this mortgoge or either. In t?~e euent the mortgagor fails io pay when clue any taz, assessment, insuronce Jnemium or otlier sum of money payaGle by virtue of said note and this mortgage, or either, the mortbagee may pay the same, without waiuing or a~eeting the option tv foreclose or any other right Iiereuncter, anct ol! such payments sliall bear interest fro?n da~e thereof nt tlie highest iaic- ful rate then albu:ed by tbe lauu of ihe State of Fiorida any sum of money herein referred to be not promptly poid within thirty dQ~ the same becomes deie, or if each and every the agreements, stipulations, conctitions and cooenants of satd note aruI this mortgage> or either, c=e not fully per/ormed, complied icith ond abicled by, then the entire sum mentioned in said note, und ihis mortgage, or ihe entire Galance un~wid thereon, shaU forthurith or thereafter, at il~e option o/ the mortgagee, ~iecome and be due and }~ayaGle. nn~hing in said note or herein to the contrary noticithstanding. Failure by the mortgagee to exercise any of the rights or options herein prouicled sl~all not constitute a u;aiver of any riglets or oytions uruler saic! »ote or ihu mortgage accrued or thereafter accruing. . ~n ~~~f ~ the said mortga~;or has hereunto signed a?ul sealed these presents the day aul year st aliove ~critten. ~g - an lioered in e presence of: x - - - - ~ - - - . , , ~ - - - - . ~ ~ - ~ - ~ ~ ~ ~ ~ SfATE OF FLORIDA, ~ COUNTY OF St . Luc ie ~ a ~ I HEREBY CERTIFY that on this day, ore me, an o~cer didy authorizc~l in the State aforesaid ancl in the County afomsaid to take ackno~~d~~lgments, personallY aPP~~ Chester F. Macy and Le?ia B. Macy, his wife tn nx~ k~M~~~n t~? lx~ ihi• pe•rw~n Sd~~u•rilx•d in and ~~hu ~•ccruh•~l dx• fon•~:uinK instn~mm~t aud they ackno~~•ledQcc) liefon• ux~ th:?t they i,`i.~•~~tari thi~ .:?u?t•- ~ ~YIT\F.tiS m~~ h:md awd ul(ici:d u•:d in d~i• C'.~wnt?~ and tihdr la~t a(ure~aid thi> 17t~1 day of ~ January u. 75 2 ~ ~ _ _ . . _ x ~q1 ~ ~ " _ _ ~ ~ ~~n~:f.~~` ~ ~ . : ~ r:. ; ' i ~ Ep ?,MO FEvty f~?~- = . _ ' . - • ' ~ , f ~ S1LlU~<<R?~~RAS Rt L _ - : _ ~ - ~ qp.,._ ~`j ~pU ~ _ - ~ ~~pn ~f?tiC~E~ ' r.3 ~ ` ' ~ At~ .j-j.~;~- . 14 53 ~H - ~ ~ ~Q . - Ps ~ . ~ ~~~~03 ~ ~ ~ooK235 ~AC~1879 ~ ~ ~ ; ~ ~~._w_. _ ~ _