HomeMy WebLinkAbout1104 and :hall perform, comply with and abide 6y eoch and .very the agreements, +tlpulattoni, cortdlMorts and
eorenanls the?eof, and of this mortgtpfe, then this mortgage and the ealate hereby crated, ahaU cease, de-
termine and be null and void.
the mortgagor hereby Ju?ther covenants and agrees to pay promptly-when due the prirtcipa! end
Inlsrrst and other sums of money provided jor in sold note arid lhl, mortgage. a Nther; to pay all and
singular the loxes, assessments, levies. Iiabtlifiey, obltgafions, and encwnbrortees of sorry nature ors sold pro-
perty: to permit, commit or suf
Jer tto waste, impairment or detertorafion of said land or Ills lmprowmerda
fherecn at any time: to peep Ih• buildings now a herrafter on sold land fully insured in s stun of not less
than
in a company or companies acceptable to -the mortgagee, the policy or policies to be held 6y, and payabb
to, said mortgagee. and to the event any soot of money becomes payable 6y vtriue of such truur+ancs the
mortgagee shall have the right to recslw and apply the same to the tndebtedneu hereby secured, aecountlrtg
to she mortgagor Jor any surplus: fo pay all costa. charges. and expenses. including lawyer i fees and title
searches, reasonably Incurred or paid by the mortgagee 6ecattse of the failure of the mortgagor to promptly
rend Jolly comply with the agrwments, sttpubltorts, condillons and cowrtanb o/ sold note and th4 wwrtpape,
or either: to perform, comply with and abide by each arid entry the agreanenb, altpulations, condittons arid
Mvennnts set forth in said note and this mortgage or either. In the event the mortgagor falls !o pay when
dos any tax, assessment, insurann p?ernitun or other stun of money payable 6y virtue of sold Hole and this
mortgage. or either. the mortgagee may Pay the sam!• without wafvlnp or of
fecting the option to foreclose
or any other right hereunder, oral all such payments shall bear tnte?est from date thereof nt the highest law-
f
ul rate then albu~ed by the laws of -the State of Florida -
~L any sum of money herein nlerred to be not promptly paid within thirty- dari alter
the same becomes due, or iJ sxich and every the agreements, stipulations. condtllons and covenants of -said
note and this mortgage. or either. are not Jolly pert
onrted, complied with and abided 6y, then the enttro
sum mentioned in said note, and this mortgage. or the entire balance unpaid thereon. shoo forthwith or
thereafter, at the option of the mortgagee. become and 6e due and payable, anything to sold note or herein
to the conlrnry nofwithslanding. Failure by the mortgagee to exer+eise any of the rights or -options herein
provided shall not eonsfitute a waiver of any ?ighfs or options unde? said note or this mortgage accrued or
thereat ter accruing.
~n ofr the said mortgagor has hereunto signed rend sealed theseprosents the
day and year firs! above u~rttten.
Signed: sealed and deliver in the presence.oJ:
. .
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STATE OF FLORIDA,
COUNTY OF
St. Lucie I HEREBY CERTIFY Utat on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforeuid to take ackaoMrkdaments, penonaUy appeared
Walter W. Lupton and Sylvia Lupton, his wife -
l to me known to be the person $ described in and who a:ccuted the loreRoin~ instrument sad whp acknowledged
before me thatthey executed the same.
.WITNESS my hand. and official seal in the County and State last aforesaid this 21St dad of
-October 80
A. D. 19
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~ , a: SU4 PUBLIC
NOTAR
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