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HomeMy WebLinkAbout0987 and shall perform, comply with and a6td. 6y each and every the agreements. etipubtbris, cortditbru and covenonts thereof, and of this mortgage, then this mortgage and the estate herby created, shall cease, de- termine and be null and-void. the mortgagor he.eby further covenants and agues to pay promptly when dw thi principal and interest and other sums of money provided for in said note and this mortgage, or either: to pay nil and singubr the faxes. assessments. bvies. Uabtltlies. obligations. and enctunbronees o/ every ratan on said pro- perly: to permit, eomntif or :uf fe. no waste, impairment or defertoraNon of said bud or the improwmenfs thwrcn of any time: to deep fh• buildings now or hsnaf ter on said bud f uUy insured In a sum o/ not bs than tttg~est insurable V81ue. In a company or companies acceptable to the mortgagee, the policy or polkia to 6e held by, and payable to.:aid mortgagee, and to the event any slim o/ money becomes payable 6y vlrtw of such insurance the mortgagee shall have the right to receive and apply the same to the tnde6ledness herby secured, acoountirtg to the mortgagor for any surplus: to pay all c~wts, charges, and expenses, including bwyer's fees and title searrltes, reasonably incurred or paid 6y the mortgagee.6eeawe of the failure of the mortgagor to promptly and fully comply with the agreements, stipubtlons, eondittoru and covenants of sold note and this mortgage. or either: to perform, comply with and abide 6y each and every the agnemenb. stipubtions. conditions and eovennnfs set forth in said note and this mortgage or either. In the event the mortgagor /alb to pay when dw any tax, assessment, insurance premium or other sum of money payable 6y vlrtw of said note and this mortgage, or either, the mortgagee may pry the same. without wdvin~ or nffecfing the option to foreclose or any other right hereunder, and all such paymenb shall bear interest from date thereof at the highest bw- f ell rote then allowed by the laws o/ the State of Florida. - any sum of money herein referred !o be not promptly paid within thirty days next after fhp same 6ernmes due, or if each and every the agreements, sfipubtions, cnnditions and eovenanb of sold note and this mortgage.- or either, are not fully performed, compiled with and abided 6y, then the enftro sum mentioned in said note. and this mortgage, or the entire 6abnee unpaid thereon, shall forthwith or thereafter. at thy opfloq of the mortgagee, become and 6e due and payable, anything In sold note or herein fo the rnntrary notwithstanding. Failure by tha mortgagee to exerrise any of the rights or options herein provided shall not rnnstitute a waiver of any rights or options under said note or this mortgage? aocrtsed or - thereafter accruing. ~n ~h~eofr the said mortgagor has hereunto signed and sealed these presents the -day and year f irsf above written. . Signed, sealed and delivered in the presence of : / ..ems:./.. -...-•---v'• MALCOLM V. BRITT - - ~ - $ROWIJ I STATE OF FLORIDA, courrrY of St. Lucie - 1 HEREBY CERTIt'Y that on this day. before roe, an ' officer duly authorized in the Sute aforesaid and in the County aforesaid to uke ackttowltdgments, personally appeared Malcolm V. Britt, as to an undivided 1/2 interest and Homer Brown as to an undivided 1/2 interest to me known to be the person S described in and who a:ecuted the fore~oin~ instrument and Who acknowkd~ed before me that they executed the same. - ~ s ~ V1CI7NESS my hand and oi(icial seal in the County and Sute last aforesaid thu day of A. D. l9 ~j,~ U - . - pTA~Y } ~ ' - - 13~~ can 24 ~ 4 NOTARY -PUB IC - - - " ~ ~C-• ~ fIICD AIiC ~CCUnUt"C ~ ~ t'"= - - - S f. lCClf COtiFI, Y. Fl A. N~i~ ry ' ~ trr,I~~'l ~ ROGERPOlTRAS ~6y CGt~,.... _ Ill ~ ~ :DLO A10 . ttERK CIRCUIT CO"R' ~ 1 ~ ;i ~/W . , - _ _f .f ~ ..1t- r .ew- - a- I