HomeMy WebLinkAbout0045 and shall perform, comply with and abic~s 6y each and every the agreements, sfipulattoris: rnndlttons and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and br. n:tll and ewid.
the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for to said note and this mortgage, or either: to pay all and
singular the tntses, assessments, levtes, liabilities, obligations, and encumbrance: of every nature on antd pro-
perty: to permit, commit or suffer no wrote. impairment or deterioration of said land or the improvements
ther+t+cn nt any time: fo leeep the buildings now or herrajter on sold land /idly insured in a sum of not less
than
in a company or companies acceptable to the mortgagee. the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event any stun of money becomes payable 6y virtue of such instuance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectu+ed, aceotsnting
to the mortgagor for any strrpltu: to pay all coats, charges, and expenses, including lawyer's jeer and title
searches, reasonably inctured or paid by the mortgagee because of the jailors of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: to perform, comply with and abide 6y each and every the agresments, stipulations, conditions and
rnvenants set forth in said note and this mortgage or either. In the event the .mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either. the mortgagee may pay the snore, without waiving or of
jecfing the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid within 10 days next after
the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not jolly performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, ahall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notu+ithstanding. Failure 6y the mortgagee to exercise any of the rights or. options herein
provided shall not constitute a waiver of any rights-or options under said: note or this mortgage accrued or
thereafter accruing. -
~n ~Ih~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year tint above written.
Signed, sealed and delivered in the presence of
- ~ :z~--
Lex E ens Baedeker
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STATE OF FLORIDA,
couvTY of ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
LEX EUGENE SNEDEKER
to me known to be the prrson described in and who executed the foregoing instrument and he ackpovvkdged
_ -f. ,
before me that he executed the same- _ •
~~'ITtiESS my hand and official seal in the County and State last aforeuid this Qi~, : 'o(
February A. D. 19 gp
~ ~ : ~ ,y
Notary Public, State of - Fla ~ ~ ~ ~t^ v
• .9F'~I~r.~"~
~~~0 ~ 2 ~ 2= Za My Commission expires : 4-6-8
S1. UN.IE GCtaii Y,FI F.
RE3C=~ NCI ~ Rl.5
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