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HomeMy WebLinkAbout1095 and shall perform, comply u+ith and abide 6y eoch and every Ihs agreements, stipulotton"s, conditions and cotenants (hereof, acrd of (his mortgage, then (his mortgage and the estate hereby created, shall cease, de- termine and be null and troid. Ti~ fire morfgaftor hen+by further cot+enanls and agrees to pay promptly when due the principal and interest and other sums of money provided for in said Hole and this mortgage, or either; to pay all and singular the tares, assessments, levies, liabilities, obligations, and enctambronces of every nafttre on said pro- perty; to permit. commit or suffer no waste, impairment or deteriorofion of said land or the improvements Iherecn al any limp; fo IrPep IhP buildings Hour or heretiflPr on said land fully insured in a sum of not less than MAXIMUM INSURABLE VALUE in a company or companies accPptaGle fo 1hP mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, acrd in the even) arty sum of money becomes payable by virtue of such insurance the mortgagee shall IIa1+P the right to rPCeitrP and apply the same to the indebtedness hereby secured, accounting to the mortgagor for arty surplus: to pay all costs, charges, and expenses, including lawyer's fees and title searches. reasonably incurred or fwid by the mortgagee because of the failure of the mortgagor fo promptly and fatly comply urifh fire agreements, stipulations, conditions and rnuenanfs of said note and this mortgage. or either; to perform, comply urith and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment. insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or Piliter, Ilte mortgagPP may pay the same, without waiving or affecting the option fo foreclose or any other right herPttnder, and all such payments Shall bear interest from date thereof of the highest lnw- ful rote flten allots+ed Icy the latrrs o/ the State of Florida. ~f arty sum of money Itereirt referred to be not promptly paid within thirty days next oiler fhP same bPCOmPS due, or if each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or Pifher, are not fully performed, complied with and abided 6y, (hen the entire sum mentioned in said' note, acrd this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, of fhP option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute n wairPr of any rights or options under said note or this mortgage accrued or (hereafter nccruing. ~n witness ~heCeof, the said mortgagor Itos IlerPltrtt0 signed and sealed these presents the day and year first aboe~P written. Signed, scalp and deli ed in the • p senrP of : ' • ~H. Pa~ Williams • Patricia R. Williams I f STATE OF FLORIDA, COUNTY OF ST . LUC IE I HEREBl' (:ERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared H. PAGE WILLIAMS and PATRICIA R. WILLIAMS, his wife, to me known to be the persons described in and who executed the foregoing instrument and they acknowledged before me that they executed the same. N'19'NESS my hand and official seal in the County and State last aforesaid this ~ J`~~ day of May, a. D. t9 79. , ' C , ~ Notary, Pu tic - State F_~.Qgt4~'t3il~;:''~ !t9 24 ?1~ O7 at Large. ' . ~ ~ My Commission Exp//i~~res: J ffKEU IE~~tfYTY fir,. V ~h='sY , ROsER PGITR~S G >~£!g(CIRCJlT COL'R . e . 445542 f :!%is hu~nii~r~m prfpnrfd hy: ~ ~s F~ ~U9 ~ ~ ~ 1094 eL:f a~~ _ _ _