HomeMy WebLinkAbout1853 and shall pe?furm, n,mply with and abide by eoch and every the agreements, afipulalioris, conditions and
eovPnartts thereof, urtd of this morttfape. then this mortgage and the estate hereby created. shall eewe, de-
termine and I,P null and t•oid.
1f1~ fire mortgagor Itp?c+by (urlhe? couenanfa and agrees fo pay promptly when due fhs principal and
interest and other sums o/ money provided for in sntd note and flits mortgage, or either; to poy all and
singular the fa.rps, assessments, levies, liabilities. obligations. and encumbrances of every nature on said pro-
perly: fo permit, commit or suffer rto u~asfe, impairmprtf or deterioration of said land or the improvements
thPrPCn of arty limp; to keep the buildings now or hereafter on said land /idly Inatued in a sum of not less
than the highest insurable value thereof
in a company or companies acceptable to the • mortgugee, the policy or policies to be held by, and poyable
to, said mortgagee. and in the Pvpnt any sum of money becomes payable by virtue of such insumnc~ the
.mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any stlrpltts; to pay all costs, charges, and expenses, including lawyeri fees and title
searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and jury comply with the agrepmertls, stipulations, conditions and covenants o! said note and this mortgage,
or either: fo perform, comply with and abide by each and every the agreements, afipulafions, eondifioru and
conena?tls set forth in said note and this mortgage or either. In the event the mortgagor falb fo pay when
due any tox, assessment, irtsura?tce premium or other stem of money payable by virtue of said Hole and this
mortgage, or eil{ter, IhP mortftageP may pay the same, without waiving or of
jecfing the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
. (UI role IhPn. allalve<I bV IhP laws Of IhP $fatP Of Florida.
any sum of mmtey herein referred to be not promptly paid within 30 -days next after
the some becomes due, or if each and Avery IhP agreements, stipulations. conditions and couenanb of said
note and this morfgafte, or PitllPr, are riot fully performed, complied with and abided by, Ihen the entire
sum mentioned in said rtotP, and Ihis mortgage, or the entire balance unpaid thereon, shall forthwith or
Ihereajfer, of flip option of 1ItP mortgagee, become and be due and payable, anything in said note or herein
to IhP contrary notu,ilhslandbtg. f=ailure f,y the mortgagee to exercise any of the rights or options herein
provided shall not constitufP a waiver of any ricfhts or options under said note or this mortgage accrued or
thereafter accruing.
~n ~~NIeSS ~heeeof, tl,e said mortgagor has hprPtlnto signed and sealed these presents the
day and year first above torfflPn.
Sfgned, s d delivered in the presence of :
Ted ~--Arriol"- -
- - ~ Wanda Y,. Arnold
STATE OF FLORIDA,
c<~~'\TY OF ST. LUCIE
I HEREBY CERTIFY that on this day, before tae, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
TED H. ARNOLD and WANDA L. ARNOLD, his wife,
j to me known to be the p~•rson $ described in and who executed the forel;oing instrument and they acknowledged
i
~ Ix_ fore me that they executed the same.
WI'11~ESS my hand and official seal in the County and State last aforesaid this ~ ~ day of
March A. D. f9 79. i
`L ~ ~ r:R RECORDED
- ~ - - - - • . Notary Public, State of Florida at Large
^`O My Comm'n Expires:
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