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HomeMy WebLinkAbout1338 and shall perform, comply with and abide by each and every the agroements, stipulations, rnnditions acid covenants thereof, and of this mortgage, then this mortgage and the estate herby created, shall cease, de- fermin• and be null and cold. - the mortgagor he?uby /urlher covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the faxes, assessments, levies, liabilities, obligations, and encumbronces of every nature on said pro- perly; fo permit, commll or suffer no waste.. impairment or deterioration of :aid land or the improwmenb thereon at any time: to beep the buildings now or hereafter on said land fully insured in a sum of not less than highest insurable value ! in a company or companies acceptable to the mortgages, the policy or polities to be held by, and payable ~ fo. said mortgagee, anti in the event any sttm of money becomes payable by virtue of such insurance the ~ mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus: to pay all costs, charges. and expenses, including bwyetri Jess and title ~ searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly j and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; fo perform, comply wick and abide by each and every the ngreemenb, stipulations, conditions anti covenants set JoNh in said note and this mortgage or either. In the event the mortgagor jails to pry when due any tax, assessment, instuance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without tuniuing or affecting the option fo foreclose or any other right hereunder. and all such payments shall bear interest from date thereof at the highest law- f ul rate `then allowed by the laws of the State o/ Florida. ~l any sum of money herein referred fo be not promptly paid within 30 drys next after the same becomes due. or if each and every the agreements, stipulations, conditions and eownanb 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 this mortgage, or the entire balance unpaid thert+on. shall forthwith or thereafter. at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~ltfttSS ~~l!'t'leiDf, the said mortgagor has hereunto signed and sealed these present: the day and year first above u?riffen. Si red, sealed and define in the presence ol: / / ~A • KARL H. KEL R ------ft!-. _ - - I~ ~ ...--..i~x..2f~h,.. - .....---1------- ~ FLORENCE H. KELLER l ~ STATE OF FLORIDA, f E 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 KARL H.KELLER and FLORENCE H. KELLER, his wife, to mr ktwwn to be the persons described in and who executed the foregoing instrument and Who acktwwkd~ed R before me that they~ecuted the vine. WITNESS ray hand and official seal in thr County and Stair last aforesaid this 2nd day of ~ June A. D. 19 $0 _ - ~ z. - • ~ f9is0 J+J:V -4 AtI ;1~ 08 - :'r NOTARY BL { • t ~ w ~ " - 3 : saa d , _ n fN.Ei! ANC ~fCOf:a~i~ 1'i IfC Ct1IJtl1 Y. A. ~r , floa ~ ~~4,,1983 . t y. • , ~ d~ l'OITRA~ l!~ x"r'`~~~!t"ti-c.wr•.r s i ~Ot.irRK GRCWT COIM~ . - ~ . Tf60fll(I~tftitrtkB~_ ~ _ - Fy J ~ EDWIN- B. ARNOLD %rs hu~nnncil~ pnprm~! !y: AttflrUlr >tt tsw ,.t~G~n~c~ Z1,5 Orange Avenue, P.O. Bax it351 Fort Pierce, Florida 33459 i?A~~ ' (305) 465.4466 B~ ~V = " -