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HomeMy WebLinkAbout1589 and shall perform, comply with and abide by each and every the agreement. attpulationi, conditions and rnaenants tlwreoj, and of 1ht mortgage, then fht mortgage and the estate hereby created, shall cease, de- tsrmtne and be null and void. >t11t~ t/te mortgagor Itewby jurtlter covenants and ogroea to pay promptly when due the principal and interest and outer sums of money provided for in said note and this mortgage, or either; to pay all and singular the taxes. assessments, levies. liabilities. obligations, and e?tcumbronees of evsry naftare on said pro- pe?fy; fo permit. commit or suffer no wtute. impairment or deteriontfion of :aid land or the improvement ihprt?ccn at any time: to Iteep the 6uildin s now or hereof ter on said land jolly insured in a stun of not less than highest insurable va~ue. in a rnmpany or eompnntea acceptable to the mortgagee. the policy w policies to 6e held by, and payable to, said mortgagee, and in the event any stain of money 6ernmes payable 6y virtw of such insurnnq tits mortgagee shall have the right to receive and apply the sane to the indebtedness hereby secured, neeounting to the mortgagor jor any surplus: to pay nll costs, charges, and expenses. including lawyers fees and title aearrhes, reasonably .incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, atipulafions, conditions and covenants o/ said note and this mortgage. or either: to perform, comply with and abide 6y each and every the agreement. stipulations, oondifions and rnvenants set forth to said note and tht mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of :aid note and this - mortgage. or either, the mortgagee may pay the arsine, without waiving or affecting the option to forecbse or any other right hereunder, and all such payments shall bear interest from dote thereof at the highest law- ful rote then allowed by the lawn- of the State of Florida. ~l any sum of money herein referred to be not promptly paid within fifteen days next of ter the same becomes due, or if each and every the agreements, stipulations. conditions and eovenanfs of said note and this mortgage, or either, a+e no! fully performed, rnmplied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall f orlhwith or thereafter, a! the option of the mortgagee, become and be due and payable, anything in said note or herein to the confrory notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not rnnsttttate a waiver of any rights or options under said note or thin mortgage nccrusd or thereafter accruing. ~n ~h~Of, -the said mortgagor has hereunto signed and sealed these presents the day and year first above u~riften. Signed sealed d delivered in the pre ence of EARLINE ANDREWS r _ STATE OF FLORIDA, t COUNTY OF St. LUCle I..HEREBY CERTIFY that on this day, before me, an e officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgtnenu, personally appeared I Earline Andrews to me known to Ix the person described in and who executed the foregoing instrument and W11O acknowledged he[orc me that She executed the same. rr~ ~ WI"1'NESS my hand and official seal in the County and Statc last aforesaid thu ~ 57Yt~ day of Apri 1 A. D. 19 $ ~ - t ..r• E .s.~t..~,,:3~ ~ P - ~ ~ ~ - 4bi6892 cr 8 L:i C . ~ . 1980 Y~Y 16 P~~ ~ 4~ xFCa R?~'~ ' 4 ~:~:t; Rr+e ~l c~:wto SLLUCif GO'v'Y1Y.FtA. ROGER POITRAS CiERK ChtCtJiT CO T,~ fiE60lt1+~'ERIi'Is_~_ t 1 I7iu Lwnancrd prrparrd hy: Ac/drrcr (iR ; s ~:~33~ P~15~8