HomeMy WebLinkAbout1379 and shall perform, comply with and abide 6y each and every the agreements, sitipulaltoris, conditions and
eoasnanfs thereof, and of this morfgaps, then this mortgage and the estate herby created, shall cease, de-
termine and 6s null and void.
the mortgagor hereby further couerta?tfs and agrees to pay promptly whin due the principal and
interest and outer sums of money provided for in said note and this mortgage, or Nther; to prey all and
singular the taxes, assessments, levies. liabilities, obligations, and encttmbnutces of every nature on said pro-
perty; to permtl. commit or suffer no wrote, impairment o. defertor+atton of said land or the improvement
therecn at any .time; fo lrrep the buildings now or hereafter on said land fully insured in a sum of no! leas
than highest ~:nsurtltble value--------------------------------------
in :company or companies acceptable to the mortgagee, the policy or policies to 6e held by. and payable
to, said mortgagee, and in the event any sum of money beeomee payable 6y virtue bj such tnsuranco the
mortgagee :hall have the right fo receive and apply the same to the indebtedness hereby ssctrr+ed, accounting
to the moNgagor for nny surpltu: fo pay ail cwt:, charges, and expenses. including lawyers fees and title
searches, reasonably tnctured or paid by the mortgagee 6ecnuse o/ the jntluro of the mortgagor to promptly
and /ully comply with the agreements, attpulations, conditions and covenants o/ arid note and fht mortgage,
or either to perform, comply with and abide by each and every the agreement, stipulations, conditions and
rnvenants set forth to said note and this mortgage or either. In the event the mortgagor jatb fo pay when
due nny tax, assessment, insurance premium or other sum of money payable by virtue of said note and tht
mortgage, or either, the mortgagee may pay the same. without waiving or affecting the option to foreclose
or any other right hereunder, and alI such payment :hall bear interest from date thereof nt the highest law-
JuI rate `then allowed 6y the laws of the Stnfe of Florida.
)L any sum of money herein referred to be not promptly paid wifhin~~Y 130 days next njter
the same bernmes due, or ij each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and tht mortgage, or the entire balance unpaid thereon, shall jorthwlfh or _
thereafter, nt the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercte any of the rights or options herein
provided shall not constihde a waiver of any rights or options under said note or tht mortgage accrued or
j thereafter accruing.
~n ~~of, the said mortgagor has hereunto signed and sealed these present the
day and year .first above written.
' reed, sealed and delivered in~the presence of
~LLIE LEE JOHNS
---C~.----W----------- '
~E FA~ J HNS N
F
STATE OF FLORIDA,
CovNTY OF ~ ST. LUCIE
I HEREBY CERTIFY that oo this day, before tree, as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
WILLIE LEE JOHNSON and BONNIE FAYE JOHNSON,. his wife,
i to me known to be the persons descn'bed in and who executed the foregoing instrument and they acknoarkdged
i beforc me that theycnecuted the same.
t
rf
j WITNESS my band and official seal in the County and State last aforesaid this x' day of
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NOTARY PUBLI; ~#~,i~tpc;'•~totiada
at Large . • : . - ,
My Commission'. 3~~rf ~ 2 t~ r
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Bc~K JJ~ PaGE 1375