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HomeMy WebLinkAbout1531 and shall perjornt, comply with and abide by each and every the oprevmvnts, atlptilationi, conditions and eonenants thvreoj, and of this mortgage, then this mortgage and the estate herby cwatsd, shall cease, de- tertnine and be null and Hold. the mortgagor hereby further rnvenanfs and agrees to pay promptly when dw the prlnNpnl and interest and other sums of money provided jar in said note and this mortgage. or either; to pay all and singular the taxes, asse:smenb, levies, Ilnbiltties, obligations, and encutrtbronces of every nature on said pro- perty: to permit, commit or suffer rto waste. -impairment or deleAorotlon of anid land or the improvements thereon at any time: to peep the bulldings_?tow or hereafter on acid land fully insured in a sum of not less than - in a company or companies acceptable to the mortgagee, the policy or polities to be held 6y, and payable to, said mortgagee, and in the event any sum of money 6eeomes payable by virfw bj such irutun.tce the mortgagee shall have the right to reeeivv and apply the same to the indebtedneu hereby secured, ncouuntirtp to the mortgagor for any surplus; to pay all cosh, charges, and expenses. including lawyer's Jess and Htb searches. reasonably tncumd or paid by the mortgagee because of the failure of the mortgagor to promptly arsd /ully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either: to perform, comply with and abide 6y each and every the agraemenb, atlpulafions. eondtfions and covenants set Jorth in said note and this mortgage or either. /n the event the mortgagor jails to pry when dw any fax, assessment, insurance premium or other sum of money payable by virtue of :aid note and thL mortgage, or either, the mortgagee may pry the same, without waiving or affecting the option to foreclose or any other right hereunder, and. nll,such payments shat! bear interest Jrom date thereof at the. htghest law- juI rote then allowed 6y the laws of the State of Florida. any sum of money herein referred to be not promptly pnld within t~i/ drys next after the some becomes due, or ij each and every the agreements, stipulations. rnndttiona and rnuenants of said note and this mortgage. or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thvrenjter, at the option o/ the mortgagee, become and be due and payable, anything in said note or herein to the contrary nofwithstanding..Failure 6y the mortgagee to exercise any of the rights or options he?etrt provided shall not rnnstitttfe n waiver of any rights or options under said note or this mortgage nccrtsed or fhereajter accruing. ~tl ~ttnt~ss ~hhere0fa the said mortgagor has hereunto signed and sealed these presents the day and year firs! above tvrillen. - Signed, sealed and delivered in the presence oj: ---stop ~ ...L~. . Lanita E. ~,uke, his wife -~.--~..--yam . _ _ - - - t' - E STATE OF FLORIDA. _ COLTI`TY OF ST. LUCIE I HEREBY CERTIFY that on this day, be[orc me, so officer duly authorized in the State aforesaid and in the County aforesaid to take acktwwiedgmenta, personally appeared LESION G. LURE and LANITA E. LURE, .his wife, to me known to be the person g descr'bed in and who executed the foregoing instrument and f • ackaowiedged before me that they executed the ume. • ~ ~ ` WITNESS my hand and official seal in the County and State last aforesaid this - r.3t3a~ :o(: February A. D. l9 79 .s: - _ l ~ .r -~`cD AND r~ECOP.DEO' {~=.ti.,`~ l r r s } ,-.n~Ut:TY rL Notary. Public ~f;..~~. a 434411 ~ ~ IKy Commission Expires : ~ ~q$0 '79 FED 19 AM 9 ~ ~ ~ rr~,r1 Y' ~ro YI?YMSb gpsp,ye ~ _ t i "l~iu I.-wnfm~»~ prrpr»rd by: 0 R AJdr~a ~ b00ic WV Pt16E~~ ~ P. 0. Box 3230 ~ fort Pierce, ftaridx - t 3 ~~fC'