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HomeMy WebLinkAbout1848 and shall perform, comply with and abide by each and everyy the agrearewnts. sltpulatte:ris, candttiaru and covenants thereof, a?ed of this mortgage. Ihen this mortgage and flee estote hsroby created, shall erase, de- termine and 6e null and ibid. 711W the mortgagor hereby Jterfher covenant: and agews to poy promptly when due the principal and interest and other stems of money provided Jor to snid note and this mortgage, or either; to pay all and singubr the taxes, assessments, levies. liabilities, obligations. and encumbr+arecea of awry naftero on said pro- perly; fo peretetl. commit or suffer no waste. impairment or delertorofion of said land or the tmprowmenta Iheercn al any lime; to Iteep the 6uildingt now or hereafter on sntd land fully Insured to a sum of not less Ihan in a company or companies acceptable to the mortgagee. the policy or policies l0 6e held 6y, and payable to, saki mortgagee, and in the event any sum of money 6etx?mea payable 6y virtue of such tnsterance the mortgagee shall have the right fo receive and apply the same to the indebtedness heroby secured, accounting to the mortgagor Jor any surplew: to pay all costs, charges, and expenses. including lawyer's fees and tttb searches, reasonably incurred or paid 6y the mortgagee becawe of the jailuro of the mortgagor to promptly and fully comply with the agreements, sllpulalia?es, condiliores and covereanls of said Hole and this mortgage. or either: to perform, comply with and abide by each and ev~rry the agroemenls, stipulations. condllioeu and covenants set forth in said Hole and this mortgage or either. In the event the mortgagor Jails to pay when due any lax, assessment, insurance premium oe• other sum of money payable by virtue of said Hole 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 ahnll bear interest from date thereof at the highest law- f ul rate Ihen allowed by the laws of the State of Florida. ~L any sum of money herein t~e(erred to 6e not promptly paid wfthfn days next after the same becomes dice, or iJ each and every the agreements, stipulations. conditions and covenants of snid Hole and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entiro sum mentioned in said Hole, and Ihis mortgage, or the entire balance unpaid thereon, shall jorlhwith or thereat ter, at the option of the mortgagee, become and 6p due and payable, anything in said note or herein to the contrary notu~ilhsfanding. Faileere 6y the mortgagee to exercise any of the rights or options heroin provided shall not constilttfe a u+aiver of any rights or options under said note or this mortgage accrued or Ihereafler accruing. ` ~n ~itntSS ~het'~of, fife said mortgagor has hereeenlo Signed and sealed these presents the - day and year first above tvrilten. Signed, sealed and dPlivPred in the presence oJ: • . ''~en oa ~ _ i f f STATE OF FLORIDA, COU\TY OF $t, Lucie 11fEREBY CERTIFY that on this day, before rne~ an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments personally appeared ~ Ellen Boatwright _ `}~~~i~ ltuwi~," ~ to me known to Fx• the person described in and who executed the (ore¢oinq instrument and-_5.,~~•~aCkrt~~ea, - t ~ . {x~fom me that She executed the same. ~ . ~ - . U. ~~'I"1 \F.SS my hand and official seal in thr (:ounty and State last aforesaid this u~ ~y ofr ' _ ,1 / i _ ~ _ r , { `"as i . , , ~G'.'C wry.a ~ RC".•.-• fdOTA>tT NU1UC S1A1tIBIC AT 1J110GE Cif b? ' • ~ MY COMMISSION tiJVlttfS GCi. 1~ H13 8Oi~0~LItlK+ ~w•fMl. ih~ trrvOEltwlulf:R1 Dec 6 9 i9 ~M 7 4b8481 { ~~RR "l %u 1»uni,,,F,n prcpnr<•tl ley: 80QK PAGE j,84 ~1 dint _v ' yF t