HomeMy WebLinkAbout2352 and shall perform, comply u~ilh and abide by each and every the agreements, stipulations, eondiltons a??d
covenants thereof, and of this mort(age, then this mortgagor and the estate hereby created, shall cease, de-
termine and be null and void.
end the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note aad this mortgage, or either; fo pay all and
singular the tares, assessments, levies, liabilities, obligations, and enct?mbronces of every nature on said pro-
perly; fo permit, commit or suffer no u~asfe, tmpnirme?tl or deterioration of said land or the improvements '
thereon at any lime; to keep the buildings now or hereafter on said Land fully insured in a sum of not lesa
than
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby sect?red, accounting
!o the mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and rnrenants of said note and this mortgage.
or either; to perform, comply with 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 tar, assessment, insurance premium or other sum of money payable 6y uirfue of said note and this
mortgage, or either, the mortgagee may pay the same, without wniuing or affecting the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
ful rate then allowed by the lards of the Stator of Florida.
i~ any sum of money herein referred to be not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, sfipulafiorts. conditions and covenants of said
note and this mortgage, or either, are not fully performed, rnmplied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire bala?tce unpaid thenwn, shall forthwith or
thereat ter, a! the 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 constiltrte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n witness thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above uaitten. -
Signed, algid and delivered in the presence of : -
- -
William L. Nixon
i
I
STATF. OF FLORIDA,
i COUNTY OF :aT LUC/~
I HEREBY CERTIFY that on this day, before me, an
f
officer dul~• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
William L. Nixon
E
to me known to tx the person described in and who executed the torrganq instrument and Whp acknowledged
l before me that he executed the same. •
~~'I"1;'NESS my hand and official seal in the (:ounty and State last aforesaid this / day of
t
/j~ A. D. 19 79
t
1979 1i,~„ 31 Pit i2~ 35
NOTARY PUBLIC
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- ST.LUCIE COJ`iTY.iIA.
` ~ ~ . • ~ ROGER PCITRAS MY COMMISSION EXPIRES
~ ~ 4 ~ CLERK CIP.CUIT CQU n
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