HomeMy WebLinkAbout2592 and shall perform, rnmpiy with and abide by each and every the agreements, sttpubtion's, conditions and
covenants thereo j, and of this mortgape, Then this mortgage an~l'the es~ata• herx~y created, shall cease. de-
termine and 6e null and ibid. 1 aia~' .
1RIliL fhp mortgagor her4by further covenants and agrees to pay promptly when due tht principal and
interest and other sums of money provided jor in said note and this mortgage. or either; to pay all and
singular the tares, assessments, levies, liabilities, obligations, and encumb?rtrtce: of every nature on said pro-
perty; fo permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
fherecn of arty time: to keep the buildings now or hereafter on said land (idly instued in a sum of not leu
than Highest Incurable Value
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sttm of money becomes payable by virtue of such tnstuance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accotutttng
to the mortgagor jor arty sttrpltu: to pay all rnsts, charges, and expenses, including lawyer's jest and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and ju[ly comply wish f•'te ngreements, stipulations, conditions and covenants of said note and this mortgage.
or either: to perform, rnmply with and abide by each and every. the ogreemenfs, stipulntions, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor Jails to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee. may pny the same, without wniving or ajf
acting the option to f
areclose
or any other right hereunder, and all such payments shall 6enr Interest from date !hereof at the highest law-
f ul role then allowed by the lau?s of the State of Floridn. _
ll arty sum of money herein referred to 6e not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this ?nortpage. 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, shall joHhwith or
thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwifhsfanding. 1'ailttre 6y the mortgagee to exercise any of the rights or options herein
provided shall not cortsfifttte a waiver of any rights or options under said note or this mortgage accrued or
thereafter arcruing•
] ~ ?~,M~ `
Dn ~~UIQSS ~het'eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above tvriften.
Signed, Sealed and delivered (n the preSPnCP Of:
.
SUSAN NLEY
J ALLEN
WAYNE ALLEN
STATE OF FLORIDA,
COl'\TY OF St. Lucie
I HEREBY CERTIFY that on this day. before me, an
officer duly authorized in the Stair aforesaid and in the County aforesaid to takr acknowitdgmenu, personally appeared
SUSAN CONLEY and WAYNE~E. ALLEN and JO ANN ALLEN, his Wife,
to me known to be the pcrsors described in and who executed the foregoing instrument and they acJcnowledged
txforc me that the~xecuted the same.
«'IINESS my hand and official scat in the County and Stair last aforesaid thu ~ ~ day of
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