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HomeMy WebLinkAbout1260 . and steal! perform, comply with and abide by each and every the agreements, attpulattoria, eondittorts and eot+enanls fhereoj, and of tht mortgage, then tht mortgage and the estate h.r+sby chafed. shall cease. de- termine and be null and void. the mortgagor hereby further covenants and agroes to pay promptly when dw the principal and tnter+est and other stuns of money provided for to sold note and tht mortgage, or either; to pay all and singular the taxes. assessments, levies, liabilittee, obligations. and encumbroncs• of every nature on said pro- perty: to pe?mlf. eorrtmit or sujjer no tussle, impairment or detsrio?ation of sold land or the improvement thereon of any time; to Iteep the buildings now or hereafter on said land /uUy insured to a sum of not leas than its highest insurable value. ' in a rnmpany a companies acceptable to the mortgagee. the policy or policies to be held by, and payable to. said mortgages, and in the event any start of money beeorrtes payable by virtue bj ouch insurance the mortgagee shall have the right to receive and apply the same !o the tndebtednesa hereby:soured, accounting to the mortgagor jor any atuplus; to pay all cosh. charges. and expenses. including lawyers jeea and Hfb searches. ?easonnbly incurred or paid by the moHgagee becnuas of the jailuro of the mortgagor to promptly rend fully comply with the agreement, stipulations, conditions and covenants of said note and tht mortgage, _ or either: to perform, comply with and abide by each and every the agreement. stipulations. conditions and cvvenants set forth to said note and tht mortgage or either. In the event the mortgagor jails to prey when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and tht mortgage. a either. the mortgagee mny prey the same. without waiving or a/jscting the option to joreclwe or any other right hereunder, rend all such payment shall bear interest from date ther+eoj at the highest law- (uI rate then allowed by the laws of the State of Florida. any sum of money herein referred fo be not promptly paid within fifteen (15~lays next after the same becomes due, or ij each and every the agreements, stipulations, conditions and covenant of said note and this mortgage. or either, are not fully performed, rnmplied with and abided by, then the entire sum mentioned to said note, and tht mortgage, or the entire balance unpaid thereon, shall forthwith or !hereafter, at the option of the mortgagee, become and 6e due and payable. anything in said note or herein to the rnntrary notwithstanding. Failure by the mortgagee to exenci:e any of the right or options herein provided shall not eortsfittrte a waiver of any rights or options under said note or tht mortgage accrued or thereafter accruing. II1 adChtit~'1, In tt]e event that theYe 18 a Of moons than fifteem~ days fray th`e date paymei;t is dl~e, a late charge of $2 .00 shall ~n ~tt11eSS ~~Of, ~ihe s~aids~smeeoddrtgagor has hereunto signed and sealed these present the clay and year Ji.at above written. Signed. s~ea~le~d~an)d /de~livere~d /in the presence oJ: y~ - _ - HN P. S ON IL A. STANTON ~ . STATE OF FLORIDA, courrTY OF ST . LUC IE I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Sute aforesaid and in the County aforesaid to take acknowledgments, personally appeared JOHN P. STANTON and CAMILLE A. STANTON, his wife, to me known to br the penot$ descn'bed in and who executed the foregoing itutrument and th~{? _ kdged before me that y executed the same. r t ~k!~9`"' ' ` , the WI7TVESS my hand and official seal in the County and State last aforesaid this - . " Au st - ~-,4 - Notary P lie y,'-;;_t~'-t'v-~: 1919 Al~6 29 A~ ~ 38 State of Florida atl~,SS'~~~`~ ALE ~p~q~1T1r L f : ~ K. ` S ROGER PoITRASA~ My Commission Expires s " j CLERK CIRCWT C ~RT Q PIOTARr tWIIK STAfF Oi I AAY OONNIISSICN QvlttB OA .1 rrltt •(E!<S REC"uR0 VE~ttflE^~._~~t;~! ti0l~ tiW GB~W M8.11lt>~ .456642 l7ru I,utrannn prrpnrrd by: Emory C . Teel , III , Esquire Add>~ FEE, KOBLEGARD & TEEL, P. A. ~ Post Office Box 1000 ~~R~~ ~