HomeMy WebLinkAbout0926 and ahall ptrform, compTy wrd~ arul aLrcle Gy eoch and eoery the u~;?een~eu~s, stt~ulatlo~u. corulitiont and
covenants thereo/, end o/ this ~no~tgage, then this mort~;a~;e o~ul the estate hereh~ created, sl~all cease. de-
ttnnine and bs null and twid.
~ the mortgagor hereby fu~ther cooenw~ts ond a~;rees to pay promptly when dus the prtnctpal and
' intenst and other sums o/ money prooi~led for fn said note ond fhfa mortgoge, or eitber; to ~wy aU and
s~ngular the toxes, assessnients, ?euks, 1iaGilities, ol~ligatioa~s, ond encumbronces of euery nature on sakl prop-
e?ty; to permit, comniit or su8e? no u~aste, impoirment or deterioration of said land or tha fmproaements
thereon ot ony ttme; to ktep tlie ~iuiklin~: now or hereafter on sakl land /ully fnsured fn u sum of not 1ua
d~ay? Thirty Five Thousand and no/100-----------------------------
in a company or companies acceptabte to the mortgagee, the polky or polkies to be held by. and payable
to, mid mortgagee, ond 1n tlu event any sum of nwney becomes payable by vbtue of such tnsurance tha
mortgagee slwU hane tlu rtght to necetoe and a~ly the sa»~e to the indebtedness hereby secured occounting
to the moregagor fos any surplus; to pay oI! costs, charges, and expenses. inctuding lau;yers fees and Ntle
searches. ieasonably tncurned or puid by the mort~agee Gecause o~ the failune of tht mortgagor to promptTy
and fuUy compiy with the ugreements, sti~ulations, co?ulitions and oou~e?wnts of said note and this mortgage,
or either; to perform, comply with and aliide by each and euery the agreements, stipulotions. cond~tions and
covenants set forth in snjd note and this mortgage or either. ln the euent the mortgagor fa~1s to pay when
due ony tax, ass+essmer~t, tnsuranoe premium or othe? sum of money payoble by oirtue of s~aid note ond thia _
mortgage, or either. the mortgagee may pay ilie same, wtthout watntng or aBecting the option to forecJo~e
or any other rtght hereundar, and a!1 s~ch payments shall bear interest from date theneof ot tl~e h[ghest law-
ful rate then al~owed by the laws of the Stote of Florkla.
'-~l ony sum of money hene~n r%rred io be not prmnptly paid within days next after
the same beoomes due, or ff each and every the agreements, stipulations, conditions and cooenanta of said
note and tl~is mortgage, or either, are rwt fuUy performed, compl~ed wfth and abided by, then the entire
sum mentioned in sald note, and tlais mortgage, or ihe entire 1wlance unpaid ihereon, sholl forthwfth or
thereafter, at tl,e option of the mortgagee, become nnd be due and payable, onythfng ~n aaid note or herein
to the contrary notw~ithstanding. Failure by the mortgagee to exerci~e any of ihe rights ar options herein
provicled shaU not corutitute a uaioer of any rtghts or options under said note or this mortgoge accnred or
ther+ea
f
te? accruir~g.
the said mortgagor hos hereunto signed and sealed tliese pnesent~ the
day arut year first above icritten.
Signed, sealed ruI delinered in the presence of:
~ ~ ll ~ ~
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~
STATE OF FLORIDA, ~
courrr~r oF St. Luci~
1 HEAEBY CERTIFY that on tius dsy, before me. an
o~cer duly aut}arized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Moon Lueg and Ella May Lueg, his wife
to nx• k~~wn M Ix~ the prrs~m3 ck~scrilxYl in :md ~cFu~ r~rchdrd t{x• fon•y;oin~c iatitn~nx•nt a~xl th@y ackmwledged .
lie(om me th:tt theY ru~•utccl tfx• ~uiK~.
WITNEtiS my huxl and oH'iri:d ~•:d in thr ('.~?~udy and State lad :Jomsaid this Z9t~1 day of
October A. D. ly 7~
.
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