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HomeMy WebLinkAbout1731 • and-steal! perform, comply tuilft`ttnd abide b and every the agreements, stipubtioria, eondltiaru and cot?enants thrreoj, and o/ this mortgage, then this mortgage and the estate hereby chafed, shall crass, de- tertntne and be null and twtd. the mortgagor Newby jwther covenant: 'and agroea to pay promptly when dw the prMctpal and tntt?rrat and other sttrna of money provided for in laid note and thin rrtorlgage, or either; to pay all and singular fhe taxes. assesamenta, hTVie+, liabiGtiea, obligations. and enctunbrartcss of every restive on Bald pro- perty; to permit, earemif or suffer no tvoate, Impairment or dete?toralton of said land or fhe improwmen4 thereen at any Time; to 4eep fhe buildings now or hereafter on said .land fully tnsur+ed in a -sum of not leas than .highest insurable value. in a company or companies acceptable to the mortgagee. fhe policy or policies to 6e held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue bj atuh insurance the mortgagee shall have the right to receive and apply fhe lame to the indebtedneaa hereby aecturd, accotutting to the mortgagor for any surplus: to pay all costa, chnrgea, and expenses. tncluding Inwyer i jeer and tttb searches, reasonably incurred or paid by the mortgagee because of the jailun of the mortgagor to promptly and fully comply with the ngreementa, atipulattona, c~ondittons and rnvenanta of said note and this mortgage, or either: fo perform, rnmply with and abide by each and every the agreement:, aitpulations. eoriditlorta and covenants set forth to said note and this mortgage or either. In the event the mortgagor jails to pay when - dtte any tax, assessment, insurance premium or other stun of money payable 6y virtue of said Hole and 1ha mortgage. or either, fhe mortgagee may pay fhe same, without wntving or of f ecttng the option to foreclose or any other right hereunder, and all such payments. shall bear interest jrom.date thereof at the highest Iaw- f u1 rate then allowed by the laws of the State of Florida. any sum of money herein referred fo be not promptly paid within thirty dnya next of ter the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said not: and this mortgage, or either, are not fully performed, complied with and abided by, then the entire stun mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, nt the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failu?e 6y the mortgagee to exercise any of the rights or opttoro herein provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. 7n ~~uleSS ~h~eof, fhe said mortgagor has hereunto signed and sealed these presents fhe day and year Jirst shone written. Signed, sealed and delivered - in the presence of GEORGE RAMSEY . ~f--4. LOLIZ SE SAY ~ ~ ~ N EfZ An A ~tL- STATE OF FLORIDA, COU:`TY OF St. Lucie I HEREBY CERTIFY that on this day. 1x1ore me, an officer duly authorized in the State aforesaid and in the County aforesaid to take ackaowledamentt, personally appeared GEORGE RAMSEY and LOUISE RAMSEY, formerly LOUISE THOMPRZNS a/k/a MARY THOMPRiNS, his wife to me known to be the person g described in and who executed the [oregoinq instrument sad whp ackaowkdsed txforc me that they executed the same. N'f'1NESS my hand and official seal in the County and State last aforesaid this 3/~ day of March A. D. 19 8 a . . t . . •r~_ - ~ i ~ X990 ~R ~ I AI# ~t= 3S _.r~. r - FIt,Ei! tit: ~F.GCAUli v Si. WCiF CW1f17 f~A. 1tQGER P!}tTRRA ELERIi CtRCtAt CO3~~ This Iruirar»c»l prcpaad by: ~ 4~~~~ Ac/drexr 8(A ~ PdCE~~~ - _ _ - -