HomeMy WebLinkAbout0616 and shall perform, comply with and abide 6y eoch and awry the agreements, stfpulaftoni, conditions and
i~ovenanls thereof, and of t(tts morigape, then this mortgage and the estate herby created, shall cease, de-
termine and be null and void.
the mortgagor hereby further cownants and agrees to pay promptly when dw the principal and
interest and other sums of money provided for in said note and this mortgage. or either; to pay aII and
singular the taxes. assessments, Ieutes, liabilities, obligations, and encumbr+anees of every nature on Paid pro-
p~rty: fo permit. commit or suffer no waste, impairment or deterioration of said Land or the improwmenb
therecn at any time; fo peep the buildings now or hereafter on said -land fully insured to a sum of not less
than _
in a company or rnmpnniea acceptable to the mortgagee, the policy or policies fo 6e held 6y, and payabht
to, said mortgages, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee sholl haw the right fo recetue and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay all costs. charges, and expenses. including lawyer's jeer and title
. searches, reasonably incurred w paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the.agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; to perform, comply with and abide 6y each and awry the agreements. stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment, insurance premium or other stun of money payable by virtue of said note and this
mortgage, or either. the mortgagee may pry the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
ful rate then allowed by the laws of the State of Florida.
any sum of money herein ref
e[red fo 6e not promptly paid within 30 days next after
the same becomes due, w ij each and awry the agreements, atipulntions, conditions and covenants of said
Hole and this mortgage, or either, are not jolly performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire bnlnrtce unpaid thereon,- shall /orfhwith or
thereafter, nt the option of the moHgngee. become and be due and payable, anything in said note or herein
to the contrary noiwithstnnding. Failure 6y 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 aecrtted or
thereafter accruing. - -
7n ~~luleSS ~he~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed. sealed and delivered in the presence oj: ~
•
William L. La Fevers
f
f
i
f STATE OF FLORIDA,
couwTY OF St . Lucie
~ I HEREBY CERTIFY that on this day, before tae, an
~ officer duly authorized in the State aforeuid and in the County aforesaid to take acknowledgments, personally appeared
William L. La Fevers
to mr known to be the prrson described in and who executed the forcgoinR instrument and php acknowledged
before me that he executed the same.
g WI7:~TESS my hand and official seal in the County and State last aforesaid this day o[
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