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HomeMy WebLinkAbout0633 and shall perform. t~orrtply with and abide br each and e~l? the agrrewtsnts, stipulationi, oonditiorts and ca?ertanb thereof. and of this mor(gaAe. th.n this mortgage and the estate herr6r orated. shall cease. de- termine and 6e null and void. the mortgagor Newby juriher eovertonta acid agre.r to par pr+omptlr when dw the principal and 1 tnteresi and other sums of money provided jar in said note and this mortgage, a ~tther: to par all and i ringular the taxes, auessmenls, levies, Itabiltties, obUgattons, and encumbrarww of every nature on aatd pr~u- P~r: to permit. commit or sujjer no waste. tnyairmettf or deterioration of said land or the Improwmenfs fherecn of any time: to beep the buildings now or hereafter on snid land jolly insured to a sum of not less ` than highest insurable value. to a company or corryrantes a~t:eptabb to the mortgagee. the policy or policies to be held 6r, and pnysble !o, snid mortgagee, rend in the event any stun of money becomes parable 6r trirtw of such insurance the mortgagee ,hall boos the right to rrcetve and apply the same to the indebtedness J~erebr second, aooounttng to the mortgagor jar any surplus: to par all eta: charges. and expenses. tncltuling lawyer's fees and iitb searches, reasonably incurred or paid by the mortgages becnuss of the failure of the mortgagor to promptly and jolly oomph with the agreements, stipulations. eortdttions and covenants of said note and this mortgage. or either: to perjo?m, ~Ir with and abide 6y each and every the agreements. stipulations. eortdttions and covenants set joNh in said note and this mortgage or either. /n the even! the mortgagor jails to par when due am tax, assessment, insuronce premium or other stun of money parable 6r virtue of sntd note and thi, mortgage. or either, the mortgagee roar par the sane, without waiving or affecting the opfion to foreclose ~ or am other right hereunder, and all such parrrtsnts shall bear interest from date th.rroj at the highest law- f ul mte then albwed by the laws of the State of Florida. any sum of money herein referred to be not promptly paid within 15 dnrs next sjter the sane becomes due, air tJ each rend every the agreements, stipulations. condition: and covenants of said note and this mortgage, or either. are not jullr.perjormed, complied with and abided 6y, then the entire ~ sum mentioned in said note, and this mortgage, or the entire balance unpaid fhereort, shall forthwith or thereafter, of this option of the mortgagee. become and be due and parable, anything to said note or herein to the contrary nolu,ithstanding. Failesre by the mortgagee to exercise any of the rights or options herein ~ provided shall not cortstittrfe a waiver of any rights or options under said note or this mortgage accrued or t fhc+reajler accruing. ~n ~ e the said mortgagor has hPnPUntO signed and sealed these presents the ` clan and year first AIbPP Ilrri P Sign ,sealed and define in the presence oj: - ~ ~ n o. Addison A. Nic lean, Jr. k p- ~ i I~ - - - ~ STATE OF FLORIDA, COUNTY OF ST. LUCIE I HEREBY CERTIFY that oa this day, before tae, as t officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ADDISON A. NICEiOLSON, JR. to me known to be the person described in and who executed the [otrjgoiryc instrument and ile acknowkdSed before me that t?e executed the same. N~I"l'NESS my hand and o((icial seal is the County and State last aforesaid this .G_CJ~ day of Dec. A. D. 19 78 ZLCORD~~ NOTARY PUBLICa.------•----------- ---••-•-•------G=........---.......-------•---... -c:, y t~?;''~. • MY COMNtISSION EXPI 3 - ~ ~ $ CI {y ` ~ ' ~ , . Linda Sanderson 17its I?wnii»~,u p~rpa~rd by: ~elsea Title t* Guaranty Ctxnpany ' t ; I ~Glirrs - 8000 S. U. S. 1 0 R ~ Port St. Lucie, FL 33452 a00R~ ~ ~ '