HomeMy WebLinkAbout0708 and shall perform, comply with and abide 6y each and every the ogreements, stipulations, conditions and
covenants therso/, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termtne and be null and votd.
fhA mortgagor kert~by further 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 !axes, assessments, levies, liabilities, obligations, and encumbrances o/ awry Wotan on said pro-
perly; to permit, commit or suffer no waste, impairment or deterior+ufion oj• satd land or the improvement
thereon at any time; to beep the buildings now or hereafter .on said land fully insured !n a sum of not less
than X31,000.00 in fire and windstorm insurance
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 o/ 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, acoounling
to the mortgagor Jor any surplus; fo pay all costs. charges. and expenses. including lawyeri fees and fttle
searches, reasonably incttrred or-paid by the mortgages because of the fatlun of the mortgagor to promptly
and fully comply with the agreement, stipulations, conditions and rnvenants of said note and this mortgoge.
or either: fo perform, comply with and abide 6y each and every the agnementa. stipulations. conditions and
coaenanls set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, wtfhou! waiving or affecting the option !o foreclose
or any other right hereunder, and all such payment shall bear interest from date'lhereof nt the highest law-
ful rate then allowed by the Iowa of the State of Florida.
~l any sum of money herein re(PR~ to be not promptly paid within --20-- days next offer
the same becomes due, or if each and every the agreements, stipulations, rnnditions and covenant 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 therron, shall forthwith or
thereat ter, at the option of the mortgagee, become and 6e 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 u~aiuer of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~~NIfZSS the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sealed nd delivered in the presence of
.
STATE OF FLORIDA.
coLwTY OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an '
i
officer duly authorized in the State aforesaid and in the County aforesaid to takr acknowledgments. personally appeared t
Michael C. Rosson and Elizabeth J. Rosson, his wife ~
to me known to be thr person described in and who executed the (orcgoin~ instrument and ehe31 acknowkdEed
before me that ~ hey executed the same.
NIT\FSS my hand and official seal in the County and Sute last aforesaid this 27th ,,.••"''•'~"''~•d} o(;
June - .~'~S~ :xr :
.:',1•
1 ~
Notary PbbOc. ilorlda, . , v .1.~
. tr,
MY Commission F~cpires Feb. 'l ~,;'fib` : ~ ?
FILE! a!r ttEt4edr! it Bonded tt1N Jedco InsuraAt~~, s, a••~~~a,_ ,
~ S ao~ i Y F« iNV
tu?s ~
ct.~c o
~ 4916'5 ~ ~
%u luAnim~•u~ Fn p~tml hy: F • A . Harri s
.1JJnxt ~,~10 Orange Ave .
Pierce, Fla.
' ara~334 P~ ~ ;
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