HomeMy WebLinkAbout2872 and shall perform, comply urith and abide by each and every the agreements, stipulationi. eondidons and
covenants thereof, and o/ this morigas)e, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and void.
end the mortgagor hereby further cotenants 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
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly: to permit, commit or suffer no waste, impairment or deterioration of said land or the Improvements
fherecrt of any time; fo deep Ilse buildings now or hereafter on said land fully insured in a sum o/ not less
rhan its tLll insurable value
in a comtxrny or companies acceptable fo the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, arsd in ihp e1rPllt any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounttng
to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply urith the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: to perform, comply urith arsd abide by 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 tax, assessmnntf, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the some, 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 law-
ful cafe then allowed by the faros of the State of Florida.
thirty
any strm of money herein referred to be not promptly paid within days next after
the same Itecomes due, or if 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 by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of the aptian of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary nolu~ifhslanding. failure by the mortgagee to exercise any of the rights or options herein
provided shall not conslitule a Wainer of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~ttneSS thereof, the said mortgagor has Iteretrnto signed and sealed these presents the
day and year first alrone u•riflen.
Signed. sealed and delivered in thr• presence of
~
. t~~. - . _
HUR S. PO RS
~I I _ _ - - - -
i
~ I STATE OF FLOR
t ~ C(~C\T1' OF Lucie
1 IiF.REBY CERTIFY that on this day, before me. an -
ofticer dul • authorized in the Starr aforesaid and in the County aforesaid to take acknowledgments, personally appeared
ARTHU~i S. PaWERSr a married person
to mr known to br the person 9 described in and who eaer•uted the foregoing instrument and (s)he acknowledged
lxiorr me that ~s~hp7racrutcd the same. ~
I N'I'1~\ESS my hand and oitir-ial seal in the County and State last aforesaid this X ~9 ~ day of
~~~r~M / _ ~ :1. D. 19 7g
l ih.i<.11~-~
r 1 / /
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FILED ``'!E
~ A.
e St. l0 - ~ It
I ci~;~•' -ear My Calunissi(x1 Expires:K
~ ~9 NOTARY f:_'i t - .~,::o:, et e«~
? ~ OCC " 2 ~ ~ • N.Y fc~'.;;.5"S~ i.i"~ .1.Y. 1£ 1,31r
GG.,4 ifONDio TFr._; :r •.t irl> ~;~icev;RltEAts
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f % lug I/l.~rrllAflN prr•~Jrrrl by: ~ ' ~ ;
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-~ririn~"i~?w,rlau mi.F n~ ao~ e~,~K 32~ P~cE 2868 ~
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