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HomeMy WebLinkAbout1828 and shall perform, comply with and a61de by each and every the agreements. stipulations, eonditioru and covenants thereo/, and of this mortgage, then this mortgage and the .slat. hereby created, shall c~swe, de- termine and 6s null and twirl. the mortgagor hereby further covenants and agtws to pay promptly when due the prinNpnl and interest and other sums of money provided for in Bald note and fhb mortgage, or either; to pay all and singular the faxes. assessment:, levies, liabilities, obligations, and encttmbr~atces of every nature on satd pro- perty: to petmil. commit or suffer no waste, -impairment or defe?iorotion of said land or the tmprowmenb iherecn at any time: to beep the buildings now or hereafter on said Innd fully insured in a sum of not less than full insurable value to a company or companies acceptable to the mortgagee. the policy or pollctes to be held by, and payable to, said mortgagee, and in the event any sum'oj money becomes pnynble by virtue bj such insurance the mortgagee shall have the right to receive and apply the same to the indebfedneu hereby sectsred, neeotutttng !o the mortgagor for any surplus; to pay nlI .costs, charges, and expenses, including lawyers Jess and title searches, reasonably inctttTed or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, atipulattona, cortlclitiona and eownnnts of said note and this mortgage, or either; fo perform, comply with and abide by each and every the agreements. afipulaltons. conditions rend rnvenants set forth in snid note and this mortgage or either. In the event the mortgagor jails to prey when due nny tax, assessment, insurance premium or other sum of money payable 6y virtue of said Hole and this mortgage, or either, the tnorfgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such paymenb shall bear interest from date thereof at the highest law- fttl rate `then allowed by the laws of the State of Florida. any sum of money herein re(eired 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 sntd 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, :hall /orthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein fo the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options hereto provided shall not constitute n waiver of any rights or options under said Hole or this mortgage accrued or thereof ter accruing. n ltfteSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, Baled and d iv i the presence oj: 0 AN~ENN~ T: B STATF. OF FLORIDA, couNTY of ST. LUCIE I HEREBY CERTIFY that on this day, before 1M, as officer duly authorized in the State aforesaid and in the County aforesaid to take ackrwwkdgments, personally appeared DEANE C. BENNETT and FLORA T. BENNETT, his wife, i to me known to be the persons described in and who executed the foregoing instrument and they acknowledged before me that they executed the same. ~ ~~I7NESS my hand and official seal in the County and State last aforesaid this 1St day of rA,ay A. D. 19aQ. . a 48.5222 - ------------~---------------..._..--------------9----- ota yPublic ~`•Y "2 PN 2' 00 St a of Florida at Lar e St.LUCiECL'UNtY.ftA. My Commission Expires: ROGER POIIRAS CLERK f115CifiT~CO~LpRi~ Notary Pl~tic, State of P.orida ai La+qe 3 My Wmmis:ion Expires Marcb 25, 19Za 4 ' V ; y 1C..:t~ ibY 114/ ?i.. 1n._~.r.:. MG. - ~ ~ - - . 1 . . 3 • 1%iis Lutr~umc~r~ ptrpared by: ~ ~ - . ~ A~l~/1°Sf THIS INSTRUMENT PREPARED sY~z'~~prs~~t~'~;.~~~;'.• ~ CHARLES R. P. t3RO;YN isoac~} ?~1817 P. O. 80% 1I 19 301. . c FONt PIERCE. rt-OR~OA 334»O _ _ ~ _ - o-Z