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HomeMy WebLinkAbout1803 and shall pert or+n, comply with and abide by each and ewer the ogreemenb, atipttlaNorts, eortdittons and eownanb thereof, and o/ skis mortgage, then this mortgage and the state hereby ta+eot.d, akaU cease. cis- termini and 6e null and aotd. the mortgagor Newby f utiher covenants and ogress to pay promptly when des. the principal and - j interest and other atims of money provided for iR add note and this rrtortgape, a either: to pay all and ~ singular the taxes, asseuments, levies, ltabiGttes, obltgaNon,, and encumbrsntw o/ every rtaltrre on sold pro- perty; to perrnit. commit or suffer no swots. impairment o? deterioe+ation of sdd land or tk. irnprowments thereon at any time: to Keep the 6uiWt?tgs now or kerenfter on said land fully insured in a stun of not Less than its insurable value i in a company or companies acceptable to the mortgagee: the policy or policies to 6e held by, and payable I [o. said mortgagee. and in the event any stun of money 6ec~omee paya64 6y virtw of such inattrartee -the mortgagee shall have tke right to receive and apply the same to the irtdebtedrtees k.reby sectued, accounting to the mortgagor for any stupltu: to pay all costs. clwrges, and expenses. including lawyer i fees and title searches, reasonably incurred or paid 6y the mortgagee 6eoause of eh. failtw of tke mortgagor to promptly artd f uUy comply with the agreements, stipulations. oortdttiorts and covenants of saki not. and this mortgage. or etcher: to perform, comply with and abide by each and eo~ry the ogr+eerrtertts, stipulation:, conditions and covenartfa set forth in said note and this mortgage or either. In the event the matgagor fails to pay when due any tax. ossesament, ~nsuranoe premttun or outer sum o/ money payable by virtue of said note and tkts mortgage, or either. the mortgagee may pay the same. without waiving or affecting the option to forscloae ~ or any other right kereunder,_ and all such payments shall bear interest from date .thereof at eke highest bw- f uI rate tken albwed 6y the laws of tke State of Florida. any sum of money herein re/erred to be not promptly paid within 30 days next after _ the same becomes due, or if sack and every the agreeritertts, stipulations. eondttiorts and covenants of said- nole and skis mortgage, or either, ar+e not fully performed, complied wick- and abided 6y, then the entire sum mentioned in said note, and this mortgage. or the entire balance unpaid thereon. shall forthwith or thereafter. at the option of the mortgagee. 6eeorrte and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rightr or options kerein provided shall not constitute a waiver of any rights or options under said note or skis mortgage accrued or thereof ter accessing. ~n ~ttDf, the said mortgagor has hereunto signed and sealed these presents the day and year f lest above written. S ed. sealed and red in the presence of WALTER L. CARLTON 3F i STATE OF FLORIDA, cot;NTY of ST. LUCIE 1 I HEREBY CERTIFY that oo this day, before me, an i officer duly authorized in the State aforesaid and in the County aforesaid to take acknawledements, personally appeared Walter L. Carlton to me known to be the person described in and who executed the foregoing iastrument and WttO acknowledsed ~ before me that he executed the same. WITNESS my hand and official seal in the County and State last aforeuid this 31s~i aa(ta\~~t~trt~d`ri' ~yf -January A. D. l9 79. ~ ~ a\ : C r 7 ~ br ~ - ? My commission expires: _ '~a~~,.:,,. - Notary ubl1C ~ ~r % ~ ~ • ,L ~ : y State :of Florida -a~ ~,~g~~. C NOTARY PUBLIC, STATE OF FIARtDA AT URGE , ~ BOND 0 BYAMERICAN RE CASUALTY C gR PANY { j'-~~ ~;a'~~~1`r FiLEt)"AND REC~Rb~b7 ~ '~rt,~~.:,,:~•.~`~ ~ 5?. LUClE COUN'EY,-FL'Aa - 43?,619 - '?9 FEB ~ I bN 11: -25 THIS INSTRUMENT PREPARED BY: Brennan, McAliley, Hayskar 8 M~Aliley ROvER ro?TR~S ~ Attornt~;ys At Law CLERK CiRCUiT COURT. P. O. t3ox 3779 fort Pierce, Florida 33450 - sG~K 3t~ ~~t 1803 I _ r~. ~g - - _ - .