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HomeMy WebLinkAbout1568 and shall pert ottitt, comply with and abide by eoch and easy fire agreements, :tipulationi, condffiorts and rnvenonfs thereof. and of fhb mortgage, then this mortgage and fire estate hereby orated, shall cvwe, de- termine and be null and raid. the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest and other soma of money provided for to said note and Ihfs mortgags.-or either: to pay all and singular the faxes. assessment:, levka, Itabtlities, obligations, and enctunbronres of every nature on said pro- pMy; to permit, rnmmil or suffer no waste. impairment or deferior~ation of said Land or the improvements thereon at any lime: to keep the buildings note or hereafter on said land fully i?utusd to a stun of not less than its highest insurable value in a company or companies acceptable to the mortgagee. the policy or policies to be held by, and payable to, said mortgagee. and in the event any sum aj money becomes payable by utrtue bf such iruurartce the mortgagee shall have the right to recetue and apply the same to the indebtedness hereby securrd, aceotr?tttng to the mortgagor for any surplus; to pay all rnsb, charges. and expenses. including lawyer's fees and tills searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with Ihs agreements, stipulations, conditions and rnvenants of said note and fhb mortgage. or either; to perform, comply with and abide by each and every the agreements. stipulations. conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor falls to pay when dtte any -tax, assessment, insurance premium or ofh~ stun of money payable by virtue of said nose 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 such payments shall bear Interest from date thereof at the highest Iaw- ful mte then allowed by the lotus of the State of Florida. nny sum of motley herein referred to be not promptly paid within gi,xty days next after the same becomes due, or i/ each and every the agreements. stipulations, conditions and covenants of said - note and this mortgage, or either, are no! jolly performed, rnmplied with and abided by, then the entire sum mentioned in said Hole. and this mortgage, or the entire balance unpaid thereon, :hall forthwith or thereafter, at the option of the mortgagee, become and be dos 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 consfitttte a u~atver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~~uleSS ~ht~eof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, Baled and delivered in the presence of r- ---c~'--- - - - - ~ STATE OF FLORIDA, l cou~TY c~F ST. LUCIE ` I HEREBY CERTIFY that on this day. before ttte, ao officer duly authori2ed in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared EDWARD T. KEANE and DOROTHY B. KEANE, his wife, to me known to be the persons described in and who executed the foregoing instrument and they acknowledged Ix[orc me that they executed the same. p ~tt1;'VESS my hand and official seal in the Gounty and State last aforesaid this Q~7 ~ day of A. D. 19 7~ . ..t:~ - ~r N Y P C, State ~v f ~ ~ 1 i^ ~ 01 at Large .919 At,~ 30 A!~ _ ~ ; e;.f:8 I?NO R£COfiiiED My Commission Expi~ , ~ ~ ~i,OC1E CWN11Y.FlA. NOT11Rlf ?IJIIIC Si'J( F' ' t R P01?RAS / - niERR ClRtxtlT COJ~ MY GQMACIS51(jN `KF?~OROVCIrlflt~...f~ \ tD fMRU(,'f?.~~ ~ ~ ~y _ O4 456815 . ~ ~ ~ - • ' Y~. t.. ~ , j l7iu hwnnn~nf >r ,rd 6 : V NT A . LLOYD ES UIRE INCE Q i1~~d,~ p ~ y Post Office Box 4382 800K315 PAGE~~ Fort Pierce, Florida 33450 °I