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HomeMy WebLinkAbout1121 and shall per/orm, comply with and abide 6y each and every fhe aprwments, sttpulatioris, conditions and eoverwnts thereof. and o/ ibis mo?tgape, then ibis mortgage and the estate ?tereby created, shall cewe, d~- termtne and be null and void. the mortgagor hen+by iwther covenants and agrees to pay promptly when dw the principal and Interest and other sums of money provided for to said note and this mortgage, or either: to pay all and singular the faxes. assessments, levies, liabilities. obligations, and enctunbrances o/ every nattu~e on said pro- pe?ty; to permit, commit or suffer no waste, impairment or deterioration of said Land or fhe improtroments thereon of any time: to keep the buildings now or hen*after on said !arid fully Iruttred in a sum of not less than full insurable value ' in a company or companies acceptable to the mortgagee, the policy w policies to be held 6yFand payable to, said morigag.re, and in the event any stun of money becomes payable 6y virtue b/ such insurance the mortgagee shall have the right to receive and apply the same to the tndebfedneu hereby sscurod, aeeotuttfrtg to fhe mortgagor for. any surpltcs; to pay all costs. charges, and expenses. including lawyeri fees and title searches, reasonably inctttred or paid by the mortgagee because of fhe failtue of fhe mortgagor to promptly and fully comply with fhe agreements, stipulations, conditions and covenants of said note and this mortgage. or either; to periwm, rnmply with and abide 6y each and every fhe agreements, stipulations, candifiotts and covenant; set forth in said note and , fhiti mortgage or either. In the event the mortgagor fails to pay when due any fax, assessment, instrance premium o? outer sum of money payable by virttu of said note and this mortgage, or either, fhe mortgagee may pay the same: without waiving or affecting the option to f oreclost or any outer right hereunder, and all such payments shall bear interest from date thereof nt the highest law- ful rote then allotued 6y the laws of the State of Florida. any sum of mo?tey herein ref erred to be not promptly. paid within t eR days next after the same becomes due, or i{ each and every the agreements, stipulations, rnndittons and covenants of said note and this mortgage, or either, are not fully pert otmed, 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 thereof ter, 6t the option of the mortgagee, bernme and be due and payable, anything in said note or herein to fhe contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein ; provided shall not consfitttte a waiver of any rights or options under said note or this mortpoge accrued or thereafter accruing. ~n whereof, fhe said mortgagor has hereunto signed and sealed these presents fhe day and year first above written. . Signed, sealed and delivered in the presenc of : - - Wilbur E . W ri t Mary Wright U I 3 STATE OF FLORIDA, couNTV of St . Lucie I HEREBY CERTIFY that on this day. bdore ttte. as officer duly authorized in the State aforeuid and in the County aforesaid to take ackaowktdgments, personally appeared WILBiTR E . WRIQiT and MARY E . WRI(~iT, his wife to me known to be the persons described in and who executed the foregoing instrument and the3t acknowledsed bdore me that theye:ea,tea the same. ~ WITNESS my hand and official seal in the County and State last aforeuid this day of January, A. D. 19 79 , _ , ~v;'f;c3~nmission Expir s : Notary Pub ate of Florida _ _ ~2 ~i at Large . _ ~ t l~ 43?~~2'~ - T7its I,ts[ramatr pi?par~I by: ~ ~ ~ : ' , TIC M19ItlUMEIR M?Il4 MIEPARED SY t r L ^ Addrrss SPENCER B. 61t.BERT+ Attorney at law 0 P. xe s ~iootto Aff~cr. t~totcf. ~ Iwo g~GK ~02 PACE11.2~ ; - - ~ _ ; _ _