HomeMy WebLinkAbout1655 and shall. perform, comply with and abide by pack and every tits, agreements, afipulatioria, conditions and
• covenants thereof. and of this mortgage, Then Ihta mortgage and the estate herby created, shat! cease, de-
termtne and 6e null and raid.
the mortgagor hereby further couertanfs and agrees fo pay promptly when dw the principal and
interest and other °stlms of money provided for in said note and Chia mortgage, or either: to pay all and
singular the faxes, asse:smenfs, levies. Ilabilifies. obllgafions, and encumbr+artcea of every nature on safd pro-
perly: to permit, commit or suf
je? no waste. impairment or deteriorofion of said land or the improvements
thel'eCn nt any lime; to deep the buildings now or hereafter on said land fully insured In a sum of not less
than MAXIMA INSURABLE VALUE
in a company or• companies alYYptable to 1hs mortgagee. the policy or policies to lie held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insuronco the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any stlrpltla; to pay all costs. charges, and experues, including lawyers jeer and title
searches, renso?tably inculle/l or paid 6y the mortgagee because of the failure of the mortgagor fo promptly
and fully comply wish the agreements, stipulations, rnnditions and rnvennnts of said note and this mortgage.
or either; to perform, comply with and abide 6y each and every the agreements. slipulafiona. conditions and
covenants set forth in said note and Phis mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insuronce premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same. without waiving or affecting the option to foreclose
or any Other right hereunder, and all such payments shall bear intere:t from date thereof at the highest law-
f 11I rote then allotued by the laws Oj 1hP Stale o/ Florida.
~l any sum of money herein referred to be not promptly paid within thirty days next after
the same becomes due, or tf each and every the agreements, stipulations, conditions and covenants of sold
note and this mortgagl?, or either, are not fully performed, rnmplied with and abided 6y, Ihen the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall /orthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything to said note or herein
to the rnntrory notwithstanding. 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 accrued or.
thereafter pecruing. `
~n ~h~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, se and deliver the presence of
~
C?i- rlesCainacl~io~~~--~~ ~
ana Camac
r
f - - ~
STATE OF FLORIDA, 1
COUNTY OF ST. LUCIE ~ 1
1 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
CHARLES CAMACHO and DIANA CAMACHO, his wife,
to me known to be the person S described in and who executed the forrgoinR instrument and they acknowledged
before me that they executed the same.
N 17 ::\F.SS my hand and official seal in the (:ovary and Statc last aforesaid this ~ ~ day d
September, A. D. 19 8<7. _ - _ '
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