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HomeMy WebLinkAbout2003 • , and shall perform, comply with and abide 6y Poch and et+ery the agreements, stipulations, conditions and covenants Ihereoj, rend of this mortgage, then this mortgage and the estate hereby created, shall tsetse, de- termine and 6a null and a*oid. I{IN~ the mortgagor hen~by further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mo?tgags, or either; to pay all and singular the faxes, assessments, levfe:, liabilities, obligations, and sncum6rances of every nature on said pro- perty: fo. permit, commit or suffer no waste, impairment w deteriorrttion of said land or the improvements thereon at any. time; to Iteep the buildings now or hereof ter on said land fully insured. in n sum of no! less than X18,000.00 in fire and windstorm insurance in a rnmpany or companies ncteptabl~ to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by victor of suck irtswance the mortgagee shall have th• right to receive and apply the same to the indebtedness hereby secured. ottotutting to the mortgagor for any surplw: to pay all costs. charges, and expenssi, Including lawyeri fees and titb searches, reasonably incttr?sd or paid by the mortgagee because of the jailuro of the mortgagor to promptly and jolly comply with the agreements. stipulations, conditions and tovennnts of said note and this mortgage. or either; to perform, comply with and abide by each and every the agreements, stipulations, condIttoiu and covenants 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 6y virtue of snid~ note and this mortgage, or either, the mortgagee may pay- the same, without tuatvtng or of jetting the option to foreclose or any outer right hereunder, and all such payment: shall bear interest from date thereof at the highest law- f ul rote then allowed by the laws of the State aj Florida. ~f any sum of money herein referred to 6e not•promptly paid within ---~0_-- days next alter the same becomes due, or ij each and every the agreements, stipulations. rnndittoru and rnvenants of said note and this mortgage, or either, are. not jolly performed, complied wifh~.~and abided by, 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, become and be due and poyable, anything in said note or herein _ fo the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein - provided shall not tronstitttte a u+ait+er of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~itneSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above u+ritten. Signed, se led delivered in the presence of : • I i STATE OF FLORIDA. COUNTY OF St.Lucie I HEREBY CERTIFY that on thu day, before me, an € officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared s Gary N. Bohannon and Cheryl J. Bohannon, his wife to me known to be the person S described in and who executed the foregoing instrument and they ackrwwkdged before me that theyexccuted the same. - NITtiESS my hand and official seal in the County and State last aforesaid this 261Yi`~.•~~11~''l~w~~.'of Januar A. D. 19 79 .,,a . ~i 'e..., ~ ESEcO AtSQ RECORDEO~ _ ~ ~ ~ . TY p ~ „ ST. EUCiE COUN - ~ . ~ -i~ - - - ~C~: • ~ Rir ~ED~~ .R . ~1 Nolan PttDllo. . ire . ~ } ~ ~~~46 ~ My Commi ginr P.xp ,~jf= . ~ pN 3 ; ~ •-tt .t~:::~ ln•.y fit 79 FEB 5 1 3 CLERK CiRCi:iT COUR; ~ ~ F.A.Harris %is 1»s/rnnc» I prt'pt,rtr! hy: 410 Orange Avenue 'fl Fort Pierce, Fla. ~bOKt~ ~t~llR:ft j • ~ ~ i