HomeMy WebLinkAbout2462 and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants thereof, and o/ this mortgage, then this mortgage and the estate herby created, shall cease, de-
termine]~and~ 6e null and twld.
~1111~ the mortgagor Newby further cot?ennnfs and agree to pay promptly when dw the principal and
interes! and other sums of money provided for in said note and. tht mortgage, or either: to pry all and
singular the taxes. assessmenfa, levies. liabilities, obltgaftons, and enctunbr+tutcea of every ratios on said pro-
perty: to pennit, commit or suffer no waste. impairment or deteriorotton of said land or the improvement
fhprrcn at any time; to beep t buildings now or hereafter on sold land /ally insured in a sum of not less
- than highest insurable value .
in a rnmpany or compantes acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the euenf any sum of money becomes payable by vtrtw bf such insurance the
mortgagee anal! have the right to recslue and apply the same to the indebtedneu hereby secured. accounting
to the mortgagor for any surplus: to pay all costs. charges, and expenses, including lawyer's feel and title
- searchp:, reasonably incurred or paid by the mortgagee becatue of the jailors of the mortgagor to promptly
and fully comply with the agreements, stipulations, rnndittons and covenants of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements. stipulations. conditions and
covenants set forth In said note and this mortgage or either. In the event the mortgagor fails to pay when
due any fax, assessment, insurance premium or other stun of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pry the snore, without waiving or affecting the option to jorecloae
or any other right hereunder, and aII such payments shall bear interest from date thereof at the highest law-
jul rate then allowed by the laws o/ the State of Florida.
any sum of money herein referred to be not promptly paid within fifteen drys next after
the same becomes due, or ij each and every the agreements, stipulations. eondifiotu and eouenant of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and flits mortgage, or the entire balance unpaid thereon, shall forthwith or
ther+enf ter, at the .option o/ the mortgagee, become and 6e due and payable, anything in sold note or herein
to the rnntrary -notwtthsfanding. Failure 6y the mortgagee to exetctse any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mtutgage-accrued or
thereafter accruing.
~n ~~~f, the said mortgagor has hereunto signed and sealed these present the
day and year first above written.
j
Signed, healed and deliver in th presence of : ~
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STATE OF FLORIDA, ~ , -
! COUNTY OF
F St. Lucie
~ I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
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' Maurice D. Snyder
to me known to be the person described in and who executed the foregoing. instrument and WhU acknowledged
f before me that he executed the same. -
W17'NESS my hand and official seal in the County and State last aforesaid this a~~~ day of
M' ay A. D. 19 80
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