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HomeMy WebLinkAbout2108 and :hall perform. comply u~ifh and abide by each aid every fife agreements. atfpulafioru. conditions and covenants (hereof, artd of lhfs mortgago, then iha morfgoge and the estate hereby created, ahaU cease. de- termine and 6e null and uoid. the mortgagor hen+by jurfher covenants and agrees to pay promptly when due the principal and interes! and other sums of money proutded for to said note and this mortgage. ar either; fo poy alI artd singular the faxes, aasessmenfs, Ievtes, liabilities, obligations, and encum6rwnces of every velure on said pro- perly; to pe?rttil. commit o? suffer no waste, impairment or delertorolton of sold land or the tmprowmenb therecrt at arty time; fo keep the buildings now or hereof ter on said land fully insured to a sum of not less than the highest insurable value. to a company or companies acceptable to the mortgagee, the policy w policies to 6e held 6y, and payable to, .said mortgagee, and in the event any stun o/ money becomes payable 6y virtw of suck instu+ann the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aceotutting to the mortgagor for any atuplua; to pay all costs. charges, and expenses. Including lawyeri fees and Nile searches, reasonably inctuTrd or paid 6y the mortgagee because of the f ailtu+e of the mortgagor fo promptly and fully comply with the ugreemenfs, stipulafioru, conditions and eovenanls of said note and this mortgage. or either; fo perform, comply with and abide by each and every the agreements.:tipulaftons. conditions and rnvenartts set forth in said note and this mortgage or either. In the event the mortgagor f sib to pay when dw any tax. assessment, instuwnce premium or other stun of money payable by virlw of said note and -this mortgage, or either. the mortgagee may pay the same, without waiving or ajfecttng the option to foreclose or any other right hereunder, and all such payments ahaU bear interest from date thereof nt the highest law- f ul rate then allowed by the laws of the Sfafs of Florida. any sum o/ money herein referred fo be not promptly paid within 15 days next after the same.becomes dur. or If each and every the agreements, stipulations. conditions and covenants of snid note and this mortgage. or either, err riot fully 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 thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary noturifhsfanding. Fatltrre 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute n toaiver of any rights or options under said note or this mortgage accrued or thereafter accrui?nfl~. ` -~n ~jkl{~ ~~Olr ihP said mortgagor has herrunto signed and sealed iheae presents the rlav -anrl •year first above u~riffen.. Signe ,sealed and delivere r the presence of : Q~ ~ ) . BLA ER FERGUSON s f STATE OF FLORIDA. coLxTY OF ST. LIICIE I HEREBY CERTIFY that on this day, before me, as { officer duly authorized in the Sate aforesaid and in the County aforeuid to uke acknowledgments, personally appeared a ~ JEAN BLACKWELDER FERGUSON to me known to be the person described in and who executed the iorcgoir~ instrument and She acknowledged heforc me that she executed the ume. E I _ KI7`NESS my hand and official seal in the County and Sute last aforesaid this 1St day o[ January A. D. 19 79. - : , - NOTARY PUBLIC - ~ 1 Flt_ED AND RECOROED~ ~ COMMISSION. ERPI Ss ~ - ^ ~ ~ 1 ~ ~ E ~ ~ry Public, State of Florida At [srRp, - ~ • ' ' ~ MY Commission Ex it ~ ' P es Jan. 17, 19?3. • j , ° • ` ~y - '79 - $ CLERM C:~iC~tT ,OURT I7iis I,u~run>crf prrpnrcd hy: LINDA SANDERSON CHELSEA TITLE A GUARANTY COMPANY ~ 8000 S. U.S. 1 Port St. Lucie FL 33452 0 R s~~ p ! - 600K JVZr FACE ~ ,1Ov - _ _