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HomeMy WebLinkAbout2138 and shall perform, comply with and abide by each and every fhe agreements. stipulationi, conditions and covenants thereof, and of this mo?tgape, lhen this mortgags_ and the asfnte hereby created, shall cease, de- tsrmine and be null and void. null the mortgagor hereby further eove?tpnts and agrees to pay promptly when due fhe principal and interest and other sums of money provided for in said note and fhb mortgage, or either: to pay all and - singulnr the fares, assessments, levies, liabilities, obligaltons, and encumbrances of every naftsre on said pro- perty; fo petYrtit. commit or suffer no wrote. impairment or deterioration of said land or the improvement lherecn of anytime; to beep fhe buildings now or hereafter on said land fully insured in a sum of not lee than highest insurable value. in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, avid mortgagee, and in fhe event any sum of money becomes payable 6y virtue of such instrance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting to the mortgagor for any atupltrs; to pay all costs, charges, and expenses, including lawyer's fees and title searches. reasurtably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply wIlh the agreements, stipulations, conditions and covenants of said note wtd !hb mortgage. or either; to perform, comply with and abide 6y each and euery the agreements, stipulntio?u. condtfiorts and covenants set forth in said note and this mortgage or either. /n the event the mortgagor fait to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and thb mortgage, or either, fhe mwfgagee may pay fhe same: without waiving or affecting fhe option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Inw- f ul rote then allowed by the Iaws of the State of Florida. ~l any sum of money herein referred to 6e not promptly paid within thirty days next otter the same becomes due, or if each and euery the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire aunt mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter. at the option of the mortgagee. become and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Foilure by fhe mortgagee to exercise any of the rights or options herein provided shall not constihtte a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~t~~SS ~h~eof, the said mortgagor has hereunto signed and sealed these presents the doy and year first above written. Signed. sealed and delivered in the resence of : / n • - ' if , • ~ -----I-CF l2~'~.J~.~ -f- - - - - - - - f FRA~t;.'EB--E-~..-H~ ~ - r E f STATE OF FLORIDA, ~ COL1NTY OF St. Lucie - I HEREBY CERTIFY that on this day, before me, an g officer duly authorized in the .State aforesaid and in the County aforesaid to take acknowledgments, personally appeatrd ~ Elizabeth K. Byrd• and Frances E. Hawley ~ to me knox-n to be the person $described in and who executed the foregoing instrument and who''' acknowledged a = before me that they executed the same. ~ ~YI1'NESS my hand and official seal in the County and State last aforesaid this 2 9th day o[ December A. D. l9 78. ~ NOTA Y PUBLIC tr My commission expires : ~ Sale e? F!~•;~a xf la•go • - _ -4;f ; ..w . ~ty2.rCS :.:.:z i~, lYu1 a"~ a.. S , _omhF~ - J - - c.-. F ~ - 4 ~ 16 Fed 3 ' 4 Tbu I,wrunal~ p~rp~ared by: ' f g - ~ - - ~ - ~ ~_3