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HomeMy WebLinkAbout1600 and shall perfoerrt, eomply with and abide by each and every flee ogrwments. slipulationi. conditions and eovertants thereof, and of tht mortgaas, then. this mortgage-and the estate herby created, shall nose, d.- termine and be null and void. the mortgagor Newby further covenant and agnrp to pay promptly when dw the principal and tntenst and other sums of money provided for in said Hole and !ht mortgage. or cilher; to pay nU and singular the taxes, assessments, levies, Unbilifies, obligations, and encumbrances of every rotor on said pro- perty; to permit, commit or suffer no wrote, impairment or deferior+atton of said land or the improvement thereon at an lime; to keep the buildings now or hereafter on said land fully insured to a sum of not less char full ~rlsLmeable value in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, raid mortgogee, and in the event any sum of money becomes pnynble 6y virtue bj such insurance the mortgagee shall have the right to receive and apply the sante~to the indebtedness herby second, accounting to the mortgagor for any surplus: to pay all rnafs, charges, and expenses. including lawyer a jeer and title searches, reasonably incurred or paid 6y the mortgagee because of the jailtue of the mortgagor to promptly and jolly comply with the agreement:, :fipulafions. conditions and covenants of said note and tht mortgage, or either; to perform, comply with and abide by each and every the ngreemenfs. sttpulnfions. condltloru and covenants set forth in said note and this mortgage or either. In the event the mortgagor jat4 to pay when due any tax, assessment, insuronn premium or other sum of money payable 6y virtue of said note and tht mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder. and all such payments shall bear interest from date thereo/ nt the highest law- f ul rate `then allowed by the laws of the State oj• Florida. ~l any sum of money herein relemed to be not promptly paid within f~fteeR ~l5xnys next njter .the same becomes due; or if each and every the agreements, stipulnfions, conditions and covenant of said note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in :aid note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, nt 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 constilttfe a waiver of any rights or options under said note or this mortgage accrued or thereafter acc?uing. ~n ~t~t~S whereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, sealed and/delivered in the presence of " W .14:.1!------------------- - ...B•.-CAS....-----~ u~x ` - ~..-..f~~u=~-~~- - - - - v f I j STATE OF FLORIDA, COL'\TY OF ST. LIME I HEREBY CERTIFY that on this day, before me, an j officer duly authorized in the State aforesaid and in the County aforesaid to take ackrmwkdgments, personally appeared i ~i c i~~ B . ~~~RuA~ti~j t_ to me known to be the person described in and who executed the foregoing instrument and gtte „,:aclmpQwrkdaed before me that S~ executed the same. •~;~;~~~~~[~~,.zy~~,,. N'f7 itiESS my hand and official seal in the County and Statc last aforesaid this ,3 ~ =;_qa1 e > ~ ,r~ / t. ~ v. ~~~Il FILi:L !IM!' i~c t.Wtii~t1 UCIE CQUNTY.fLA. P'ly Cc»»clas$ion F~cplrf'S ~~ER P01 TRAS CLERK CiRCUiT CC?U7gT f:EC~iIR L^.iC:rn !l 'atorl? Pbbec. Saote ei fluids et teegs i .tilt C.a.issi.. E:~ir~s lt7s ' i - 44'619 ta.d.d n...lm„ fn» . c.atoat,? g i s - t %u hislrrnnfnl prrpa>rcl hy: Arif Panlpia payers Title Ins'. fi w~ 9~ S. U. S. l 31~ 1599 BCJQK PAG~( Port St. Lucie, Fla. 33452 S - 1 ~ ~ f