HomeMy WebLinkAbout2878 and shall perform, comply wife and abide by Back and every the agreements, stipulations, condiltoru and
cot~enanis thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
te?mine and be nu~l and void.
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the mortgagor hereby further covenants and agrees to pay promptly when due Ike principal rend
interest and other sums of money provided far to said note and skis morfgnge, or either; to pay all rend
singular the taxe:, assessments, levies, liabilities, obligations, rend encumbrances of every nature on said pro- -
pe?ty: to pe?rnit, commit o? suffer no waste, impairment or delertorofion of said Land or the improvements
thereon at any time; to keep tke buildings now or kereajte? on said Innd fully in:cared in a sum of not less
than X20,000.00 in fire and windstorm insurance
in n company or companies acceptable !o the mortgagee, tke policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum o/ money becomes payable by virtue of suck instuance tke
mortgagee shall have tke right to receive and apply tke same to the indebtedness hereby secured. accounting
to the mortgagor Jor any surplw: to pay all rnsts, ckarges, and expeiues, incltidtng lawyer's Jees and title
searches. reasonably tnctc?red or paid by the mortgagee bemuse of the failure of the mortgagor to promptly
and /ally comply wick tke agreements, stipulations, conditions and covenants of said note and this morfgnge,
or either; fo pe?Jorm, comply u+itk and abide by eack rend every the ngretmenit. tftpulnttons, conditions and
rnrenartfs set forth in said note and this mortgage or either. In the event the mortgagor Jails to poy when
due any tax; assessment. insurance premium or other sum of money payable by virtue of said note and skis
mortgage, or either, the mortgagee may pay the same, without waiving or affecting tke option to foreclose
or any other ?ight kereunder, and nlI-such payments shall bear interest from date thereof at-the highest low-
f
uI rote then allow+ed by the laws of the State of Florida.
~l any sum of money herein referred fo be not promptly paid within ---30--- days next after
the Same becomes due, or iJ each and every the agreements. stipulations. conditions and covenants of said
note and this mortgage, or either; are not fully performed, complied wifk •and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
fkerenfter, at the option of the mortgagee, become rend be due and payable, anything in said note or herein
fo the rnnfrory nolu+ifhstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shag not .consfitttte a u+nit+er of any rights or options under said note or Ikis mortgage atrrued or
thereofter accruing. -
~n ~itntSS -~heCeof, the said mortgago? has hereunto signed and sealed these presents the
day and yea? fins alwveJy+rilten. -
Sig s e ' Bred r the presenc of :
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STATE OF FLORIDA,
cocxTV OF St. Lucie
I HEREBY CERTIFY that on this day, before mq. an
of[icer duly authorized in the Stair .aforesaid and in the County aforesaid to takr acknowledgments, personally appeared
Lorenzo Williams -
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to mr known to br the prrson dcuribed in and who executed the (orrQO~ng instrument and he .,-„~'knovriedRed
i bcforr me that he executed the same. - r' RJ~~._J~~r~c'•,r
IT\ESS my hand and official seal in the County and State last aforesaid this :1 .[~R~ w-~-; 'f
;~,~Y
January A.'D: 19 79 _ t i ~
G• J~
• ORDEQ o
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4~;1469 M~Commiss
on Ex~e~~.~~,~~~~~~\,~~`•
+I Eic+ndt!d tfity Jttdco Inturfiffo~~ h«t s?s!```~``
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Tliu l~ulnu~l~ u~ piep~ie ~l l
y: F . A . Harri s
g 410 Orange Avenue
:~+~~iR-« Fort Pierce, Florida B0R~301 PACE2873
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