HomeMy WebLinkAbout1565 and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants Ihereoj, and of this mortgage, Ihen this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and uatd. ~ '
r
the mortgagor hen+by (ttrther covenants and agrees fo pay promptly when due the principal and r
interest and other sums of money provided for to raid note and this mortgage, or either; fo pay all and
singular the taxes, assessments, levies, liabilities, obligations, and sncumbronces of every nature on said pro- k
perly: to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
thereon al any time: fo deep the buildings noun or hereafter on said Land fully insured in a sum of not less
than
in a company or companies acceptable fo the mortgagee, the policy or policies to be held by, and poyable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such instunrtce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor (or any surplw: to pay all cost:, charges, and expenses, including lawyer's Jess and tide
searches. reasonably incurred or paid by the mortgagee becawe of the jailors of the mortgagor to promptly
and (idly comply with-the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either, to perform, comply with and abide by each and every the agreements, stipulations, conditions and
corennrtts set forth in said note and this mortgage or eitFer. In the event the mortgagor jails to pay when
due any-tax, assessment. instuance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or of
jetting the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from dote thereof at the highest law-
ful rate then allowed by the laws of the State of Florida. I
I
D~ any sum of money herein referred to be not promptly paid within days next after I
the same becomes 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 by, 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 morf{tagee. become and be due and payable, anpthing 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 tacit+er of any rights or options under said note or this mortgage accrued or
fhereajter accruing.
Ott ~1t11tSS ~hereof? the said mortgagor has hereunto signed and sealed these presents the
day and year first above u~riffen.
- Signed, sealed and delivered in the presence of : ,
_ - ,
~ - ~ aw e-s •N.~Lo
~ ~
i
~ Mary L~. Lord -
i ~ ~
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I
STATE OF FLORIDA.
COUNTY OF $t, LUCie
- I HEREBY CERTIFY that on this day. before me, an
officer duly authorized in the Stag aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Charles N. Lord and Mary L. Lord, his wife,
to me known to be the prrsons described in and who executed the (ore~oinS instrument and they acknowkdRed
before me that they executed the same.
WITNESS my hand and official seal in the County and Stair last aforesaid this ~ / ~ der of
~ ~ ~ ~ A. D. 19l t -
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4• .
Neil , ~ ~ ~ utOA ~1
- 5 i ,l lr~ ~ ~/1-1i ~ t •i t~PL1Fli t!'1AU :~fJrt~/1L f~ ~ ~ y~i~ / i ~ -
. r... ir'U ~ - , i ~~'CR- ~ s p~ I
l1~~~8J~?/ .
Tlirs Iu~nnnc~N prepmrd hy: Howard H. Hughes
p~/~/~~ Southeast First National Bank of Fort Pierce
P.O. Box 970, Fort Pierce, Fla. 33454 tsR -
- ~r,~t 340 P~ 1565
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