HomeMy WebLinkAbout0147 and ahall perform, comply urith and abide 6y each and every the agreements, stipulations, conditions and e
rnnenanls thereof, and of this mortgage; then this mortgage and the estate hereby created, shall cease. de- #
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terming and be null and void.
. end Ilte mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either; to pay all and E
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on avid pro- ~
perty; to permit. commit or suffer no waste, impairment or deterioration of said land or the improvements
fherecn al any lime; fo ItPep tI1P buildings nou? or hereafter on said land fully insured in a sum of not less
than NONE
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said morfcfagee, and in the Plrent any sum of money becomes payable by virtue of such insurance the'
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor (or any surplus; to pay all rnsts, charges, and expenses, including lawyers fees and title
searches, reasartably incurred or pafcl by the mortgagee because of the failure of the mortgagor to promptly
and folly comply urith the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; to perform, comply urith and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tar, assessment, insurance premium or other sum of money payable by virtue of said note 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 lnw-
(ul rate then allowed by the lams of the State of Florida.
~L any sum of monPV herein referred to be not promptly paid within thirty days next after
the same becomes due, or i( each and every the nyreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable. anything in said note or herein
to the contrary notwithstanding. f=ailure by the mortgagee to- exercise any of the rights or options herein
provided shall not constilufe n u•air+er of any rights or options under said Hole or this mortgage accrued or
thereafter accruing.
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~n ~~tness ~h~Ctt~f, the said mortgagor has Irereuetlu si~fnt•d un.I seuled these presents the
day and year f irsf abut+e a+ritten.
Signed, sroletl and delivered in the press+nce of
~,1~
=7" etc - ~ -;-ti` - - - - _.1~~- .........v~---~--
i ~ es M. Thomas
is M Boyd
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STATE OF FLORIDA,
I ~ COli:~TY OF ST. LUCIE
I HEREBY CERTIFY that on this day, before me. an
officer dul}• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
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JAMES M. THOMAS and LOIS M. BOYCE,
to me known to be the person Sdescribed in and who executed the foregoing instrument and they acknowledged _
before me that they executed the same. n~
1~'ll"XESS m}• hand and official seal in the County and State last aforesaid this p~ L day of
November , A. D. 19 79 . ~ •
;y
tary Public -State f Florida
;nz~ i'.^'i 27 ~ a Large.
~ My Commission Expires:
Fri-C t;~
46'3'71 _
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Arlr/tees ~i,~~~ fJ~~ i97