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HomeMy WebLinkAbout1907 , and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and cot+enants thereof, and ol. this ntorfgage, Ihen this mortgage and the estate hereby created, shall cease, de- termine and be null and void. ~lnd free mortgagor hereby f urfher covenants and agrees to pay promptly when due the principal and interest and other sums of money provided Jor in said note and this mortgage, or either: to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encermbronces of every nature on said pro- p4rfy; to permit. commit or suffer no waste, impairment or deterioration of said land or the tmprovementa Iherec>n nl any time; to Irrep the buildings now or hereafter on said land (oily insured in a sum of not less than -----------------full insurable value------------------------------------ • in a company or companies acceptable to the mortgagee, the policy or policies fo 6e held by, and payable fo, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to recP11~P and apply the same t0 the indebtedrteSS hereby Secured. accounting to the mortgagor for any surplus: fo pay all costs, cltnrges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the (allure of the mortgagor to promptly and fully comply t?+ifh the a(treeme??fs, sfipt?lalions. conditions and covenants of said note artd Ihis mortgage, or either, to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. /n the event the mortgagor (ails to pay when due any ta.r. assessment. insurance premium or other sum of money payable by virtue of said note and this mortgage, or eiflter. Ilte mortctnyee 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 of the highest law- f ul rate then allowed 6y the laws of tl?e State of Florida. )L any sum of money bernin relerrecl fo be no! promptly paid within fifteen days next after the same 6ecornes due, or if each and PI•Pry t11P agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed. complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon„ shall forthwith or thereafter, nl Ilte option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary nofu+ifhslanding. /'allure by the mortgagee fo exercise any of the rights or options herein provided shall not constitute a waiver of any ri hfs or options under said note or this mortgage accrued or thereafter accruiuq. ~n witness whereof, the said mortgagor has hereunto signed and sealed these presents the clay and year first above a+riffen. Signed. Seale and delieerecl in th pr~sence of : - 'i / ~ - ' ~ , - J E~C TA - i _ ~ ~ / ~ - HEI:ENE~~CIirKSYAED his~~wife f ~ ~ I i ~ { ~ I { ~ s ~ STATF. OF FLc 1R(D:~, t ccx-~-rti• ttF ST. LUCIE ~ I HEREBY CERTIFY that on this day, tx(ore me, an $ o((irer duk authorirrd in the State aforesaid and in the County aforesaid to take acknowled¢ments, personally appeared C.R.EICKSTAEDT and HEIENE EICKSTAEDT, his wife _ . . to me known to trr• the perwn $ deurihed in and who caecuted the (orc¢urn¢ instrument and they arknowkdRed 0 he(axr nu• that they executed the same. t ~ ~~'I7 \ESS me hand and of(i~ ial seal in th~• Counh :md State last aforesaid this 29th day of • October n- (9 79. i J~ ? ,U :~i9 r~G~}! -2 3~ 02 My Commission expires August 12, _ 1980. _ ~ ~ ST.IOC!E CGUtiTY.~F.:.. - ~ ~~i4`752 • 1Aif instrument was preparM b ROBINETTE G. OOLEY !lir.i Inslnnru•ul /»rpurrcl hy: Y~ Firs( American Title Company l,llrrtc of St lucre County. Inc. (~K 83b~ D S. U. S. HigAwaY a~~~r 3~g P~CE1~ 0~., Cr r .,~:e Lr.,.:w~ eo.ee