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HomeMy WebLinkAbout1380 and shall ptr/orrrt, comply with and abide by each and awry tie apreemenb, :tepulaftons, cortdlttons and eovertanb ekereo/. and o/ this mortgage, then this mortgage and the estate kereby orated, shaA cease. de- termtna and be null and void. the mortgagor hereby /urther aow.wnb and aorws to poy promptly when dw eke prtnctpa! and irtlerrsl and otter rums of money provided far in .dd nob and tkes morfgag.. o. tither; to pay all and stngtdor the faxes. asseaments, levies. liabtlJetes. obligaflans. and encumbrancys of every ndun on said pro- perty; fo permit. commit or su//er no wrote. impairment w deter+ta+ation o/ sold land or the tmprovemenb ehsrron at any time; fo beep the buildings now or hen?af fsr on said fond /ally insured to a sum o/ not less than NONB - tn acompany or eompanfas acceptable. to ehs mortgagee. the policy or policies to lie held by, and payable b. mid mortgagee. and to the event any sum o/ money 6ecorrta payable by virtue b/ suck lnsunuioe the mortgage. shall haw the right fo rrcetw and ripply the same b the indebtedness hereby securrd, atxaounting to tht mortgagor /or say surplus; to prey all costs. charges. and expenses, including lawyers /ea and Lille searches. reasonably irtcttnrd or paid by the mortgagee because of eke /dlure o/ eke mortgagor to promptly artd /ally comply with the agrsemenb, atipulattons, eondttlorts and c»trersartb o/ sdd note and this mortgage. or either; to perform, rnmply wish ortc~ abld. by sack and awry the agrrerrtenb. stipulations. oortdittorts and . eownants set forth in said note and this mortgage or either. /n rite swat the mortgagor edb b pay when due any fax, assessment. insurance prrmium or other sum o/ money payable by virtw of said note and this mortgage. or either. the mortgagee may pay the same. without urnivtng or a//acting the option b /oreclose or any other right hereunder, and all such payments shall bear interest /rom date thenea/ at the highest lau:- f ut rate share albu~ed by the laws o/ the State o/ Florida ~L any sum o/ money herein referred to be not promptly pdd wttkln thirty days next a/ter the same becomes due, or iJ each and awry the agreements. stipulations. conditions and covenants. of ,aid note and this mortgage. or either. are not /ally performed, eomplled wick and abided 6y, than tke entire sum mentioned in said note. and this mortgage. or the entire balanci unpaid ihenon, shall /orthwith. or thereafter, at the option o/ the mortgagee, 6eeorrte and be due and payable, anything to said nob a herein to tke contrary notwithatanding. Failure by the mortgages to exercise any o/ the rfgha or options herein tt~ovided shall not constitute a waiver o/ any rights or -options under said note or this mortgage actxtsed or - thereafter accruing. ~n ~litneSS ~I!l~reof, the said mortgagor hoe hereunto signed rend sealed these present the clay and year f tat above written. Signed, sealed and deli f the presenc ~Q -{}-----v--~•T-• ...Y STATE OF FLORIDA, ~ - 000NTY OF 3T. hUCIE - I HEREBY CERTIFY that on this day, before me, as j officer duly. authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared RICHARD E. HALL and JOYCE A. WEST - - •.~'!ot`mc k{pwn to be the person S descn'bed in and who executed the foreaoin~ instrument and they acknowkd~ed ..tc riC . ' ~ the esccuted thr same. . y 1 = - ~'(`,~Q~ISS my hand and official seal is the County and State last a(oreaaid this 1_ ~jth der of tr . -+r. ~ ED 4ND RECORDED KK.~~ :;Fit':~~0~~•`~\~ ^^U"1TY, ELM. ' IiOTARy H/ILIC STATE Oi i'fORItL1 AT tAfl~ 4:4313 ~ caNMtsstfaro Elytf~S ,,w. za wsZ '19 f ~ ~ 16 PM 12 : O7 _ n~ulu cEr~ 1NS. uNOtitwtttTQS . . t%L ~''~ti f: - iii James C. Carets Thu Intlrumtn! prtparrd by: LAWYERS TITLE INSURANCE CORPORATION P. 0. Box 3845 Ar/drus Ft. Pierce, Florida 33450 ~ R