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HomeMy WebLinkAbout2026~oRK 5l f~,~~~~~ and shall perform, comply with and abide b r{~~ ~+y~f aK r Trr{te graements, sUpulatioru, ~ondiliorts and 'STa LlI+C ~~~~, SPA covenants thereof, and of this mortgage, then this mortgage anil~ the estate hereby created, shall cease. de- termine and be null and void. 71n~ the mortgagor hereby further covenants and ngrees to pay promptly uJhen due the principal and interest and oilier sums of money provided (or in said note and this mortgage, or either; •to pay all and singular the taXPS, assessments, levies, liabilities, obligations, and encumbrances of every nnttue an said pro- perty; to permit, commit or suffer no waste, impairment or deterioration of said Land or the improvements thereon at nny time; to Izeep the Luildings now or hereafter on said land fully insured in a sum of not less than Two Thousand Two Hundred Dollars in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable to, satd mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of 'he mortgagor to promptly and fully 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 agresments, stipulations, conditions and cotrenartts set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and Ibis mortgage, or either, the mortgagee may pay the anme. without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- ful rate then allowed by the laws of the State of Florida. if any sttm of money herein referred to be not promptly paid within lQ days nest after the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said .tote and ibis mortgage, or either, are not fully performed, complied with and abided 6y, then the entira sum mentioned in said note, and this mortgage, or the entire 6nlurtce unpaid thereon, shall forthwith or ihareafter, at the option of the mortgagee, become and 6e due and payable, anything 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 waiver of any rights or options under said note or this mortgage accrued or thereaf'~r accruing. ~n ~ltneSS ~he~'eof, the said mortgagor has hereunto signed and sealed these presents the day avd year first above written. S' ,sealed and ~ivered '~he presence of Vernon E. sh (•~` r_, try' B e s s i e . A c h e STATE OF FLORIDA, COUNTY OF ST. LUCIE I HEREBY CERTIFY that on this day, befoY~~ me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared VERNON E. ASHE and BESSIF F. ASHE, his wife, to me known to be the person g described in and who executed the foregoing instrument and th8 ~ acinowledged before tnc that th@ `~ executed the same. '~i WITNESS my hand and official seal in the County and State last aforesaid this `"' ~ t day of October, A. D. I9 tj2, '~a_'~_~_`}J t`J ~ RECO OEO I~S~ 900K ~~ ~,;~tt,.., ~ • .~, _r.~ ft , ~ z= G = _,~ 'ORID,'~~..,. z:,,~ ~' n a} . ,~ , . ~ {~. a l:, ~ r ~ ~~1 ~11~n ~tN~ . . 1962 DEC 13 ~M l i : 14 «asry . sttt~. ~ t=t~ta. ~.~ CORItt1Mf>br1 IfAllrh lam, 1~ ROGER POITRAS, CLERK ~~~~a~"°4 ST. LUCIE COUNT~~C~IDA- ...'"~~~'~r~r%,, . ,ems-~°°-~~''"" ..., Qv ~ r ~ ~,r R'.G ~ ''CUtO~v.~ry . ~~~~