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HomeMy WebLinkAbout2086and shall perform, comply with and abide by each and etrory the agreements, stiptslationi, conditions and covenants thereof. and of tki, mortgage, then thts mortgage and the eitate hereby created, shall cease. de- termins and be null and acid. ` the mortgogo- hereby jurthet' cotenants and ogress to pay promptly when due the principal and interest and other sums of money provided jar to add note and this mortgage. or either: !o pay all and singular the taxes, assessments. levies, liabtlities, obltgalioru, and encurrtbr+arsces of every nature on said pro- perty; to permit. commit or suffer no waste. impairment or deferiorotton of add land or the irnprowmen4 iherecn nt any time; to beep the buildings now or hereafter on said land jolly insttrr<d in a stun o/ not less than highest intiursble value to a company or companies acceptable to the mortgagee. !hs policy or policies to be held by, and payable to, said mortgagee. and in the event any stun of money becomes payable by virtue bj such instsr+ortce the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accottnting to the mortgagor for any surplus; to pay all cosh. charges, and expenses. including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the jdltu+e of the mortgagor to promptly and jolly comely with Ihs agreements, stipulations, conditions and covenants of said note and this mortgage. or either: to perform, comply with and abide by each and every the agraemenb. stipulations. conditions and covenants- set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, instuanoe premium or other stun of money payable by virtue of said note and this mortgage. or either. the mortgagee may pay the same. without wdving or ajjectirtg the option to foreclose or any other right hereunder, and all such payments shall barer interest from date thereaj at the highest bw- juI rate then allowed by the laws of the State of Florida. ~` any sum of money herein rejen+ed to be not promptly paid within 30 days ~~ aj~ the same becomes due, or i j each and every the agreements. stipulations, conditions and covenants of said note and this mortgage, or either, era n:,: jolly performed. complied with and abided by, then the entire sum mentioned in sdd note, and this mortgage. or the entiro balance trrtpaid thereon, shall forthwith or thereafter. nt the option of the mortgagee, become and be due and payable, anything in said note or herein to the confnuy notwithstanding. Failure by the mortgagee to exercise any of the righb or options herein provided shall not rnnstitute a waiver of any rights or options under said note or this mortgage nccrtaed~ or fhereajter accruing. ~n ~t<i11~ ~~~f, the said mortgagor has hereunto signed and sealed !bete presents the day and year just above written. the presence oj: ..._.® .... STATE OF FLORIDA, COUNTY OF ~• ~~ I HEREBY CERTIFY ttwt oa this day, haters tree, sw officer duly authorized in the State aforesaid and in the County aforesaid to tatu acknowtedaments, personally appeared JO>~1 S. GRIGGS and CAT1~RIt~ K. Gt2IGGS, his wife, ~~~~,'i it •,.,-.. yi. ,• .'r•; ~.~~"~ .~i ~, --% '~r .ti 'S9 SAP 5 AM 10 ' Y~~ CLERK CIRCUIT COURT ~irjsjo tree mown to be the person 8 described in and who executed the foregoit~ instrument and they actcnowtedasd ,~,~,',,~~,,~~~tne that ~y executed the same. '='. V~fjTNESS my hand and official neat in the County and State last aforesaid this 2nd day of i ~~ A. D. 19 69 i:~:4' _ ., .- : ~ : .:~~ FILED AND RECORDED ..._._..~...._ ............... ~": ' ....' -.; ST. LU C IE COUNTY, FLA. '~'""""" ~ctary Pu~K, Stzte of Florida at Large i.. ;~.~` ~ s4~ Coa;n~:saon E:Fires lea. S. 1470 I~~~ .~~ _ The Inttumcnt prrpaad by: GERALD S.1AME~ sooK 119 ~E'~'' Addrar Attorney at LaW 206 South 2nd Street Fort Pierce, Florida