HomeMy WebLinkAbout2242 and shall perform, comply urith and abide 6y each and every the agreements, atipulationi, rnndilions and
covenants Ihereo/, and of this mu?fpage, then Ihis mortgage and the estate hereby created, shall cease, de-
termine and l>e null and twirl.
~~the mortgagor ?tereby further covenants and agrees fo pay promptly when due the principal and
interest and ollter sums of money provided /or in said Hole and Ibis mortgage, or either; to pay all and
singular the ta1[PS, assessme?tts, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty: to pe?mif. commit ur suf/er no u~asle, impairment or deterioration o/ said land or the improuemenls
Iherecn at arty time; to beep the buildings nour•or hereafter on said land /idly insured in n sum of not less
than N/A
in a comlrarty or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee. and in the event arty sum o/ money becomes payable 6y virtue of stub insurance the
mortgagee shall have the right to receive- and apply the same fo the indebtedness hereby secured, amounting -
fo the mortgagor far any surplus; to pay all costs, clta?ges, and expenses, including lawyers fees and title
searches, reaso?taI>ly incurred or paid 6y the mortgagee because o/ the /ailttre o/ the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants o/ said note and this mortgage,
or eiflter: fo perform. comply with and abide 6y each and every the agreements. stipulations, conditions and
covenants set /orth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, 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 urniving or of/acting the option to foreclose
or any other right hereunder, and all such payments shall bear interest /rom date thereo/ at the highest law-
(u! rate flten alloure,l by the laws o/ ilia State of Florida.
arty sum of money herein referred to be not promptly paid within 30 days next a/tar
the same becomes dt,e, or i f each and every the agreements, 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 mote, and this mortgage, or the entire balance unpaid thereon, shall forthwith o?
!hereafter. of the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary noturifhstandinq. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute n wairer of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n witness whereof, the said mortgagor has hereunto signed and sealed these presents the
clay and year first above u~riffen.
Sig ed. sealed and alive ed in the presence of
C_ - ' ;
C . OSTE j
- (~2_-~ ~ . . t~
I S ELLE OSTE
-
I
~ STATE OF FLORIDA, t
COl'~TY OF St. Lucie `
I HEREBY CERTIFY that on this day, bclorc me. an
fl officer duh• authorized in the Stair aforesaid and in the County aforesaid to take acknowltdgments, personally appeared
j THOMAS C. OSTEEN and ISABELLE OSTEEN, his wife,
to mr known to Fx• the prrson S described in and who ezecuted the foregoing instrument and they acknowledged
hefon• one that they executed the same. ~ -
~~'17:\ESS rn~• hand and official seal in th~• County and Stair last aforesaid this ~ day of
s December A. D. 19 ~9.
• ~ t_
y ~~Cf~..J-.......
a~
LUrr,ft ~ Fly. NOTARY PUBLIC - i
R " ' S
CLE~ } _ _ :~k
, • - - My f~OpMliNtOf1 f~irrsJw» 10,1881
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