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HomeMy WebLinkAbout1741 and shall perform, comply with and abide 6y each and st?.ry the ogre~menb, stipulationu, conditions and eot+enanfs thtreoj, and o/ tilts mortgage. then tha mortgage and the estate htroby created, shall cease, de. tsrmins and bt null and void. 7)<If~ the mortgagor hereby further covenants and agrws to pay promptly when dw the principal and • inferesl rend other sums of money provided for in said-note and this mortgage, or tithtr; fo pay E,II and :tngular the taxes, auessments, levies, ltabilttles, obltgattons, and srtctunbronns of every nature on said pro- perty: fo pe?mil. rnmmif or suffer no waste, impairment or detsrtoratton of sold land or the intprotrtmants fherecn at any lime: to beep the 6ulWtngs now or herrajter on said land fully instr?ed to a sum of not less than full insurable vat In a company or companies acceptable to the mortgagee,_ths policy or policies to be held by, revel i?aynbb fo, said mortpagee, and in the secret any sum of money bscomts payable 6y virtue bj such insurance tht mortgagee :hall. have the right to receive and apply the sonic b she Indebtedness hereby ,scored, accounting to the mortgapor for any surplus: to pay all cosh, charges, and expsnaq, Including lawyeri Jess and tttle_ searches. reasonably Incttrred or paid by the mortgages because of the jailtu+e of the mortgagor to promptly and jelly comply with the agreements. stipulations, conditions and covenants of said note and this rraorigags. or either: to perform, comply with and abide 6y each and every the agreements. stipulations. c~ondifions and - covenants set forth to said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money pnyabls 6y virtue of said note -and this mortgage, or either. the mortgagee may pay the same. without wniving or ajjecttng the option !o .foreclose or any other right hereunder, and all such payments ihaU bear Interest from date the?+eoj at the bights! law- , (ul rate then allowed by the laws of the State of Florida. _ any sum o/ money herein re%K~ 10 be not promptly paid within Z~ ~10~ days next njter the same becomes due, or ij each and every the agreements, :tipulations, rnnditions and covenants of said note and this mortgage, or either, are not fully perjonned, complied with and abided 6y, then the entire sum ?reentioned in said note, and this mortgage, or the enttr+e balance lsrtpaid therron, shall forthwith or thereafter, at the .option of the mortgagee, become and 6e due rend pnya6le, anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgagee fo exercise any of the rights or options herein provided shall not constifttte a waiver of any rights or options under said note or this mortgage occrued or fhereajter accruing. ~n ~~u1eSS ~h~eof, the said mortgagor has hereunto signed and sealed these presents the day and year first abot+e u+riNen. Signed, sealed and delivered in the presence o/: L: _ `y ~ • fey M. s ti i STATE OF FLORIDA, s COUNTY OF St. Lucie I HEREBY CERTIFY that on this day, befozr me, so r officer duly authorized in the Sute aforesaid and in the County aforesaid to eke acknowledgments, personally appeared ZCM~~ L. 1~iLiS i31)d SHIRI~Y M. h41LI~, his wife ~ to me known to lx the persons described in and who executed the foregoing instrument and they acknowkdged before me that they caccuted the soma WITNESS my hand and oificia) seal in the County and Sutr last aforesaid this a t day of January A. D. 19 79. q `zp AND REGORGED iC, State of! ~ T~.~~_ r ~ r ~ U } F L~ . My siren F~cpires: r _ ' - ' ti t ` a Notary Pttl~ic, Sttt~ ~d Hotid~ a4 Vtst-^~ ~ = M Cotnntasiort E httttv~, 1982: - t - ~ - T115 ~y;rc•..~.•E{fit c4EG4zEC ew k This I,wna„~,~ pirpnrrd by: {ifs trnlieuMC?~ v~oi~eo ~lY: u.RAl.o s. AT'v- GERALD 5. JAINfS. AITY. P• O S';X, 3089 A~Irlrrss ? ~ B'~ .c,. FORT PIERLE, ft.JniDA 3345G _ lacer ust-zsoo i FORT ~ : . + - ~ _ ' -.sue I ~ ~ ~