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HomeMy WebLinkAbout0236 and shall per/orm, comply wlflt and abidt 6r each and euery t1t~ ngrwmenls, stipulations. condiliorti and rnvenants thereof, and of this mortgage, then this mortgage and the estate hereby e?eated, shall cease, de- termine and 6e null and void. t the mortgagor hereby f wfher covenants and agrees fa pay promptly when due the principal and ; interest and other sums of money provided Jar in said note and this mortgage, or either; to pay nil and ~ singular the faxes, assessments, levies, IIabIlIties, obligations, and enctunbtnrtces of euery nature on said pro- { perty: to permit, commit or suffer no waste. Impairment or deterioration of said land or the improvements i thereon at any time; to beep the buildings now or heraaJter on said land Jully insured in a sum of not Less than highest insurable 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 sum of money becomes payable by virtue of such insurance the mortgagee shall have the right fo receive and apply the same to the indebtedne:s hereby secured, accounting ~ !o the mortgagor for any surpltu; to pay all rnsta, charges, and expenses. Incltuling lawyer's fees and fills searches, reasonably incurred or paid by the mortgagee becatue of the jniltare of the mortgagor to promptly ~ and f telly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either; to perform, comply with and abide by each and euery the agreements, stipulations, conditions and 7 covenants set forth in said note and this mortgage or either. /n the event the mortgagor Jails to pay when due any tax, assessment. inswance premium or other sum of money payable by uirttu of said note and this mortgage. or either, the mortgagee may pay the same. without waiving or of feeling the option fo foreclose ' or any other right hereunder, and all stub payments shall bear interest from date thereof at the highes! law- ful rate then allowed by the laws of the State of Florida. ~l any sum of money herein referred to be not promptly paid within 3U days next alter the same bPCOmPS due, or if each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with ~nnd abided 6y, then the entire sum mentioned in said note, and this mortgage, or tit a entire balance unpaid thereon, shall forthwith or thereafter, at the option o/ the mortgagee, become and 6e due and payable, anything in said note or herein fo the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or optio?u herein prnuided shall not constihtte a waiver of any rights or options under said note or this mortgage accrued or !hereafter accruing. ~n ~ttness thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Sign 'tiered in t esence o(: "---...-~?t~..".- /~~s .Thomas - - STATE OF FLORIDA, ~ , COUNTY OF 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 L. V. THOMAS ~ to me known to be the person described in and who executed the foregoing instrument and he acknowkdged before me that he executed the same. WITNESS my hand and oilicial seal in the County and State last aforesaid this day of May A. D. 19 $Q Not y Public, S ate of Florida =~~0 29 3- ~ 2 My Commission Expires : - c7 LG:If CG.'V!Y.fi,4. - ; `f i ~ ; Ben L. Bryan, Jr. / - ~-:.4ryQ`-` 1 %is Lwnuactt~ per pair ~ I y: ~ '~f ~ - • _ " • ~ ~ ' " P. O. Box X230 ~i ,1~/r/rr-c~ Fort Pierce, flarids i~jl 3~~~ 332 ~~~E i - r~, o-~ s~__~