HomeMy WebLinkAbout1267 and shall perjotyrt, comply with and abide 6y each and every the agreements, stipulnltona, conditions and
rnt+enanfs the?eoj, and of this mortgage, then this mortgage and the estate hereby created, shall cea,@, de-
termine and 6e null and void.
the mortgngo_ r hen!by further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for to raid note anti this mortgage, or either; to pay all and
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of eusry nature on said pro-
perty: to permit, commit or suffer no waste, Impairment or deterioration of said land or the Improvements
thereon at any time: to keep the buildings now or hereafter on acid [anti fully insured in a sum of not less
than
to a company or companies acceptable to the mortgagee, the policy or polities to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomer payable 6y virtue of suck instuance the
mortgagee shall have the right to receive and apply the same to the Indebtedness hereby secured, aceounttng
to the mortgagor for any surplus; to pay all costa, charges, and expenses. including lawyers fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the jatlurA of the mortgagor to promptly
nnd'fttlly comply wish the agreements, stipulations, conditions and covenants of said note and this mortgage:
or either; to pe?f
orm, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note anti this mortgage or either. In the event the mortgagor jaib to pay when
due any tax, assessment, insurance premium or other stun of money payable 6y virtue of said note and thi:
mortgage, or either, the mortgagee may pay the same, without waiving or ajjectirtg the option to foreclose
or any other righ! hereunder, and all such payments shall bear interest from date thereof nt the highest law-
ful rate then allowed by the lawn of the State of Florida. I
any sum of money herein referred to 6e not promptly paid within 10 days next after
the same becomes due, or ij each and every the agreements. stipulations. conditions and rnvenanta of said
note and this mortgage, or either, are not fully performed, complied with -and abided 6y, then the entire 1
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sum mentioned in said note, anti this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, nt the option of the mortgagee, become anti 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failwe 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a u+aiver of any rights or options under said note or fhL mortgage accrued or
thereafter accruing.
~n ~`t11~ ~~Ce~f, the said mortgagor has hereunto signed and sealed these presents the
day and year first above u+ritten.
I
Sign sealed and delirered in the presence of
illiams
- - - Q~
1 le Mae i tams
S STATE OF FLORIDA.
COUNTY OF St . Luc i e
I HEREBY CERTIFY that on this day, before ttte, an
~ officer duly authorized in the State aforesaid and in the County aforesaid to take acktwwledgments. personally appeared
W. J. Williams and A11ie Mae Williams, his wife,
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to me known to be the person -described in and who executed the torcgoing instrument and they acknowkdsed
before me that they executed the same. f
WITNESS my hand and official seal in the County and State last aforesaid this 10th .day of
3
October A. D. 19 79. -
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Ac/doss First National Baak of Fort Pierce