HomeMy WebLinkAbout0982 and shall perform, comply with a?td abide by each and every fhs agreements. sllpulado?is, rnndtttons and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shat! cease, de-
tPrmine and be null and twirl.
the mortgagor hereby further covenants and agrees to pay promptly when dw the principal and -
tnterest and other sums of money provided for in said Hole and this mortgage, or either: to pay all and
singular the faxes, assessments, levies, ItabilitiPS, obltgatto?u, and encumbrances of every nature on said pro-
perly; fo permit. commit or suffer rto waste, impairment or deteriorofion of :aid land or the improvements
thPreCn at arty limp; to keep the buildings now or hereafter on said land fully insured to o stun of not lest .
than highest insurable value -
itt acompany or companies acceptable fo the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the et~Pnt any sum of money becomes payable 6y virtue of such instuance the
morfgagPP shall have the right !o recPlvP and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any sttrpltts; fo pay all rnsts, charges, and expenses. including lawyeri fees and title
searches, rPaso?tal,ly incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and tally comply u?ilh the agreements, stipulations, rnnditions and covenants of said note and This mortgage,
or either: fo perform, comply u?Itlt and abide 6y each and every the agreements, stipulations, condifioru and
covenants 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 stem of money payable by virtue of said note and this
mortgage, or eiflter, the morfgagPP may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest Jrom date thereof at the highest law-
(ttl rate then allotvetl by 1hP laws of the State of Florida.
7l nrty sum of motley ItPrein rPlPrred fo be not promptly paid within 30 days next after
fhP same becameS dttP, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or Pilher, are not fully pP.f
ormed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter. at the option of the mortgagee, 6PrnmP and 6e due and payable, anything in said note or herein
fo the contrary nohvdhsfanding. Failure by the mortgagee to exercise any o/ the rights or options herein
provided shall not constitute a uwinPr of any rights or options under said note or this mortgage nctsued or
thereafter actvttirtg.
~n ~itneSS thereof, tltP said mortgagor has hereunto signed and sealed these presents the
day and year first above written. IN THE EVENT THE PROPERTY ABOVE DESCRIBED IS SOLD THE
OBLIGATION SECURED HEREIN SHALL BECOME DUE AND PAYABLE IN FULL AT THE OPTION OF
Signed, sealed and dPIIDPtPd in fhP presence of : THE MORTGAGEE.
_ A. $QST II
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9 I .
STATE OF FLORIDA,
COUKTY 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
W. A. BOST II and JANET BOST, his Wife,
to me known to be the persons described in and who executed the foregoing instrument and they acknowkdged
heforc me that they executed the same.
H'I7:\ESS my hand and official seal in the County and State last aforesaid this 21St day of
July A. D. t9 so
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d - ~ NOTARY PUBLIC - - - - .
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