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HomeMy WebLinkAbout0378 . . .ic . and shall perform, comply with and abide 6y each and every the agrwments. stipulations, earrdtHons and cotenants thereof, and o/ this mortgage, thrn this mortgage and the !state hereby created, shall ceases, de- (ermine and be null and ttoid. ~d the mortgagor hereby /!other covenants and agrees to pay promptly when due the pNncipal and interest and other struts o/ money provided for in said note and this mortgage. or either; to pay all and singular the faxes, assessments, !suss:, liabilities, obligations, and enctunbrartcei of every nature on antd pro- perly; fo perm!!. rnmmit or suffer no u~oste, impairment or deterioration of said land or the improvements thereon at any time; to beep the buildings now or hereafter on said land jolly insured to a sum of not less than '-`----------full it?surable value in acompany or companies acceptable to the mortgagee, the policy or policies to be held bp, and payable to, said mortgagee, and in the even! 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 fo the mortgagor for any surpltu; to pay all costs, charges, and experues, tnclctding lawyer's fees and title searches, reasonably incurred or paid by the mortgagee becatue of the failure 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 by each and every the agreements. stipulnttona, conditions and covenants set forth in said note and this mortgage or either. /n the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money payable 6p vtrlue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or'af jecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law- ~ul rote then allowed by the huts of the State of Florida. ~L any sum of money herein referred to be not promptly paid within thirty daps next after the same becomes 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 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 to said note or herein to the contrary notutithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver o/ any rights or options under said note or this mortgage accrued or Iherrafler accruing. " ~n ~Julr~SS ~~tetreof, the said mortgagor has hereunto signed and seahpd ~ ~~~/((,~•,ys the day and year /first above written. ••.,..-.~"r _:r.~~';. Signed, sealed and delivered in the ~ 4:.. = ~ • ~ preSPgCe Of: _ tY ~ r _ s. _ ~"7" ~ ~ f ice/ 1-~-__~ ~jl J . i- I STATE OF FLORIDA, ~ . COUNTY OF ,li. c ' I HEREBY .CERTIFY that on this day. lxfore me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared f~ t , to me known to the person described in and who executed the forcgoinR instrument and acknowkdsed beforr me that j , . executed the same. Wl7'NESS my hand and official seal in the County and .State last aforesaid this day of A. D. I9 t~ I~a"~ ~ i i !YI +c~ J ~ ~ tvtAfiT wt~tt. SiAtt .Jr ilGRIOA AT w?aE F ~^~,('~~~~^(n~ _~~iM+SS.U~ E~tit~tEi A4AR t3 193 5 GV~~t11.f11 f-. ~ ~ vE\LRi! !'VS :.ItY{~~Rt IERS POItRAS , tiff Q1lCl31T COtlR 4'7949 I7iis hulrument prparrd by: M.~.ry Herndon Ar~r~ir_u 301 Bartow St., Ft. Pierce, F1 3350 t;~'32"~ PdGE 3`~ ~c~,x f