Loading...
HomeMy WebLinkAbout2871 ~ i~ , nail shall pe?Jorm, comply wish and abide by each and every fh• agreements, stipulations, conditions and cotenants thereof, and of this mortgage, then .this mortgage and the estate hereby created, shall cease, de- fe~?mine and 6e null and ooid. ><i~ fhp mortgagor hereby jwfher covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for to said note and. this mortgage, or eflher: to pay all and singular the taxes, assessments, levies, liabilttiss, obligations, and encumbrances of every anion on said pro- perly; !o permit, commit or su(jer no waste, impairment or deterioration of said land o? the improwmsnls thereon of any time: to keep the buildings now or hereafter on sold land fully insured to a sum of not less than $18,000.00 in fire and windstorm insurance in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgages, and in the event any strm of money becomes payable by virtue of stub instuance 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 Jess and title searches, reasonably incrrr?ed w paid by the mortgagee because of the failuro of the mortgagor to promptly and jolly comply with the agreementa, sfipulntfons, conditions and covenants of said note and this mortgage, or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and cotenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and.fhis mortgage, or either, the mortgages may pay the same. 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 ratej`then allowed by the laws of the State of Florida. 7l arty sum of money herein referred fo be not promptly paid within ---30--- days next after - fhe same, becomes due, or if each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not jolly performed, complied with •and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or fhereajter, at the option of the mortgagee, become and be due and payable, anything to said note or herein to the contrary notwithstanding. Failwe 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute a u~airer of any rights or options under said note or this mortgage accrued or fhereajfer accruing. ~n ~t~eSS ~hepeuf, the said mortgagor has hereunto signed and sealed these prese?tts the day and year first above tnriffen. Signed, sealed td deltrered in the presence of : jI~ o STATE OF FLORIDA, COC~ITY OF St . Lucie - ~ I HEREBY CERTIFY that on this day, before me, an ! a I officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared N. Gary/1Bohannon and Cheryl J. Bohannon, his wife to mr known to br thr person Sdescribed in and who executed the foregoing instrument and they acknowledged brforr me that they exrcuted the same. ~~'IT\ESS my hand and official seal in the County and Statc last aforesaid this f 9~ ' ',,,day of January A. D. 19 79 J;~',, ~ "'`LED f2~,. ! L:1 ~ tCORDE~D' ~..u--E... ~';:~~~r~y ''+~?I_ - Notary PUbtic, orida, SLa/~;y~~~~~~"• ~ _ 2464 ?~YrO!^.frle^'n•. Fy~.r~~ ~';:a's - ::``h__ ~ . t. 1;-1' - ~ ~j••~/~~~7,~~..,.~i '77.x. . '79 J~i~! 22 ~ g : 0 I .8'!' its F.A.Harris ~ /allrn~nc•~~l ~?r~ f1r~R'rl try: b 10 Orange -Avenue ;~,~,/R.tr Fort Pierce, Fla. 0 R ~eciW !!0~ ~ ~'A~F ~ i z - _ a - ~