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HomeMy WebLinkAbout1310 and shall perform, comply with a?td abide 6y each and every the agreerrtents, stipulations, conditions and covenants thereof, artd of this morlgape, thon this mortgage and the estate hsroby coated, ahnll cease, de- twm&te and be null and twJd. the mortgagor hereby ft.rther rnuenants and ogress to pay promptly when due the principal and tnterwst and other sums of money provided for in laid Rote and this mortgage. or either; to pay all and singular the faxes, assessments, levies, liabilities. obligofio?u, and enctuRbronces of every naturo on said pro- perty; to permit, commit or suffer no worts. impairment or deteriorr?tion of said land or tka Improvements thereon at a?ty lime: to IrPepp the buildings now or hereafter on said land fully Insured in a aum of not less than highest infaurable value. in a company or rnmpanies acceplnble to the mortgagee, the policy or policies to 6t held 6y, and payabb fo, said mortpagew, and in the event any sum of money becomes payable by virtue of such irtsuro+u:a the mortgagee shall have Ike right to receive and apply the same to the indebtedneu hereby secured, act.~ounttrtg to the mortgagor for any :trrpltrs: to pay all costs. charges, and exrenses. including lawyer's jeer and title searches. reasonably irtctrrred or paid by the mortgagee because of the jniltu+e of the mortgagor to promptly and fully comply with the agreements, stipulations, eortditions and covenants of sad note and this mortgage, w either: to perform. comply with and abide 6y each and every the agreemenb. stipulations. eonditioru and covenants set forth in acid note and this mortgage or either. In the event -the mortgagor falls to pay when dire any tax. assessment, Insurance premium or other stun of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the snore. without waiving or affecting the option to foreclose _ or any other right hereunder, and all such payments shall bear Interest front date thereof at the highest law- f ul rate then allowed by the laws of the State of Florida. ~l any sum of money herein referred fo be not promptly paid within 15 days next after the same becomes due, or if each and every the agreements, stipulations. conditions and eovenanb of said note and this mortgage, or either, are not fully pe?jorTrted, 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 6e due and payable, anything in said note or herein to the contrary notu~ifhstanding. Failure 6y the mortgagee to exercise any of the rights or apHoru herein provided shall not cortsfiltrte a waiver of any rights or options t+nder said note or This mortgage accxued or fhereajfrr accruing. ~t( ~~eof, the said mo?ig;tgor I~as hereunto signed and sealed these presents the doy and year lirsl above u'ritf Sigr se and deli din the p/PSPrII'P of - B . HEAVENER STATE OF FLORIDA COUNTY of ST . LUCIE I HEREBY"CERTIFY thae on this day. before ate, -aa officer duly authorized in the Stair aforesaid and in the County aforesaid to eke acknowkdgments~ personally appeared JOSEPH G. CONLEY 5 ALFRBD B. HEAVENER to me known to br the person g described in and who etecuted the forcgoinR instrument and they ackttowkd~ed before the that they executed the same. Wt7;~IESS my hand and official seal.in the County and State last aforesaid the 12th day of I February w. n. l9 79. "NOTARY PUBLIC ~ ,/~%~~i~~.~~~f~... " s~ MY C01$tISSION RES: , ` ' i'. • " pND RECORDE~~ , " Notary Ptd~lic, Stare of Florida At large. ~ - t- O f-, ~•~1LEtC} ~ OU+s i Y `l: LA• ~ My Cornrnissiort Expires Jan. 17, 1982 - ~ ~Ea ~ s ~ 9. 5 . J. ,~9 . ~.r<K eou~ ~ l7iu I,ulrunu,rl~pnpan'd ~y: LZNnA SANDERSON CHELSEA TITLB & GUARANTY COMPANY ~~rl~lrrxs 8000 S. U.S. 1, Port St. Lucie, PL 33452 - - - -~.--.r _ _ - - - - -