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HomeMy WebLinkAbout2070 and shall perform, comply with and abide by each and every flit agreements. ~itipulatiotia, conditions and - eovenants thereof, and o/ this mortgage. then this mortgage and the estate hereby created, ahnll cease, de- - tetmins and 6e null and void. - the mortgagor hereby f uNher covenants and agrees to pay promptly when dw the pincipal and interest and other stuns of money provided /or to said note and this morfgogs, or tither; to pay aQ and singular the taxes. wseasment, levies. Iiabflilies, obltgattons, and enctembrartees of every nature on said pro- perty: to permit. commit or suffer Teo waste, impairment or deterioention of said land or the improvements thereon at any -time: to beep the buildings now or hereafter -on-said land /idly insured to a sum of not less than full insurable value. - - in acompany or companies- acceptable to the mortgagee. the policy or policies to be held by. aced payable ta, sold mortgagee. and in the event any sum of money becomes payable by virtue of such irtateronee the moHgagee shall have the right to receive and apply the same to the lode-btedness hereby secured, accounting to the rreorfgagor for any aterplus: fo pay all cosh. charges, and expenses, including lawyeri jeer and title - seatrhes. reasonably incu?red or paid by the mortgagee because of the failure of the neorfgogor to promptly and jolly comply with the agreement, stipulations. eondtttona and covenant of said note and this 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 jails to pay when due any tax. assessment. insurance premium or-other sum of moreeq payable by virtw of said note and this mortgage. or either. the mortgagee may pay the same. without waiving or affecting the option fo foreclose or any other right hereunder, and all such payment shall bear interest from date fher+eof at the highest law- f uI rate then cellowed by the Iowa of the State of Florida. any sum of money herein refen+ed to be not promptly paid within 30 days next offer the same becomes due, or if ,each and every the agreements, stipulations, rnnditions and oovertaret of said note and tjeis mortgage, or either, are not fully performed, rnmplied with and abided by, then -the entire sum mentioned itt said note, and tht mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter. at the option of the mortgages, become and bB dw and payable. anything in acid note or herein to the contrary notwithstanding. Failure by the mortgagee fo exercte any of the right or options herein provided shall not eo?estitute a waiver of any rights or options under said note or this mortgage accrued or ther+eaf ter accruing. - ~n ~~u1QSS ~~~f, the said mortgagor has herrunto signed and sealed these presents the day and year first above written. _ Signed. Baled and d ' the presence of : - , Eil een~~H: ozer - i STATE OF FLORIDA couNT3r of ST. LUCIE I HEREBY CERTIFY that oo this day. before me, sw officer duly authorised in the State aforesaid and in the County aforesaid to take acknowledgments, perso»ally appeared Edward G. Tozer and Eileen H. .Tozer, flis Kite, to me known lei be the- person S described in and who executed flee [ongoing instrument aced they acknowledged before me that they executed the same. - WITNESS my hand and official seal in the County and State last aforesaid this 1St day o[ October A. D. 19 7Q. ...~Q~~... m...~~'~ Q~c,C__....____.__...._ ~ 1919 OC1 -2 ~ 04 Notary Public. State of Florida ae large hly Commissic?rl Expires Apr 4. t9~ r(~ 's~ f11E0 ANO AEC~Y, flA= _ ~ ~ ~ ~ ~ " ~ CIP,CUItQC - ~j . i~~~`~ 461024 7~iu Inr~rrrnu ~r~ pirpand by: p p t - n~~jr jJ TH18 INSTRUMENT PREPJ~RE~ BY :)fl(~K 3~7 (~r~[~~ CHARLES R. P. BROWN AV hh~~ ' a. o. sax t4ta .act si. eTe+ sT.