HomeMy WebLinkAbout2419 a?td shall perform, comply u?ifh and abide by each and every the agreements, allpulalio?is, conditions and
cot~ena?tls fltereof, and of 1ltis mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and twirl.
end the mortgagor Iteruby f urlher covenants and agrees fo pay promptly when due the principal and
interest and other sums of mortt•y provirred for in said note and Chia mortgage, or either; to pay all and
singular the lases, nssessmenls, levies, Itabilitiea, oblipatioru, and encumbrances of every Walrus on said pro-
perly: fo permit, commit o? suffer no u?asle, impairme?tt or deterioration of said land. or the improvemenfs
lherec?t a1 arty tlmP; to keep the htrildings crow or hereafter orr said land fully insured In a sum of not less
than hfghest insurable value.
in a company or rnmpnnies acceptable fo the mortgagee, the policy or policies fo be held by, and pnynbh?
fo, said mortgagee, a?td in the event arty sum of mo?tey becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reaso?tably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and fetlly comply with the agreeme?rts, stipulations, conditions and covenants of sntd note and this mortgage,
or either: fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covertartls set forth 7n said note and this mortgage or either. ?n the event the mortgagor jails to pay when
due any tax, assessme??t, inst?rance premium or other sttm of money payable by virtue of said Hole and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all stech payments shall bear interest Irorri slate thereof at the highest law-
f ul mfe `then allotued by dte laws of the State of Florida.
~l any sum of money herei?t referred to Ire not promptly paid within thirty days next after
the same becomes dtre, or i( each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not jolly performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary nottvitlrsfartding. Failt?re by the mortgagee to exercise any of the rights or options herein
prot•ided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itneSS ~het'e0f, the said mortgagor has hereunto signed and sealed these presents the
day and year first above a+rilfen.
Signed, scaled and delivers 'n the presence p(.
S E. RBEVES -
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I
STATE OF FLORIDA,
COUNTY OF ~ i
St. Lucie I HEREBY CERTIFY that on this day, before me. an
officer duly authorized in the State aforesaid and in the County aforesaid to take ackrwwledgments, personally appeared t
Charles E. Reeves and Ethel Reevesr his wife ~
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t
to me known to br the person8 described in and who executed the foregoing instrument and Who acknowledged
before me that they executed the same.
WI"1'NESS my hand and official seal in the County and State last aforesaid this 11121 day of
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Thrs I,ulnmt,N preparc'~l by: BUPK JU~ 444415
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