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HomeMy WebLinkAbout1831 and shall perform, comply with and abide by each and every the agreements, sttpubttoni, eondlttoru and couenanls thereof. and of this mortgage, then this mortgage and the estate herby c?eated, shall cease, d.- termine and be null and twirl. - - the morlgagw hen.`by fwlher couenanls and ag?ees to pny promptly when due the principal and interest and other sums of money provided for !n sold note and this mortgage, or either: to pay all and singular the faxes. assessments, levies, ltabilllies, obltgaftoru, and encumbrances of every native on sold pro- . perfy; fo permit. commit or sift ter no waste, Impairment or deferiomtion of said land or fhe.improvemenb thereon at any time; to keep the bttildirtgs now or hereafter on said- land /ully insttred in a .sum of not less - fhan in a company or companies acceptable to the mo?fgmgee, the policy or policies to be held by, and payable to, :aid mortgagee, and in the event arty sum of money becomes payable by uWue of such insurance the , mortgagee shall have the right to receive and apply the same to the tndebtedneu hereby aectubd, oceounting . • fo the mortgagor for any surplus; fo pay all rnsts, charges, and expenses, including lnwyer•s jeer and title searches, reasonably tneurred or paid 6y the mortgagee because of the jatlttr of the mortgagor to promptly and fully comply with the agreements, sftpulaltona, conditions and rnuenants of said note and this mortgage, or either; to perform, comply with and abide by each and every the agreements, stipulations, eondillons and covenants set jo?th to said note and this mortgage or either. In flee event the mortgagor fait to pay when due any tax, assessment, irtsurortce premium or other aum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pny the same, without wnivtng or of jecfing the option fo foreclose w ony other right heretender, and all such payments shall bear interest from date Ihereoj at the highest law- jttl mte. Ihen allowed 6y the laws of the State o/ Florida. any sum of money herein re(erre~l fo be not promptly paid within days next -after the same becomes due, or ij each and every the agreements: stipulations. conditions and cotte?tnnts of said note and this mortgage, or either, are not fully performed, complied with and abided. by, then the entire sum mentioned in said Hole, and this. mortgage, or the entire balance unpaid fhereon, shall forthwlth or thereafter, at the option of the mortgagee, become and be due and payable, anything in, said note or herein - to the contrary nolwithslnnding. failure by the mortgagee lo. exercise any of the rights or options herein provided shall not constihtte a wairer of any rights or options under said Hole or this mortgage Rccrued or thereafter accruing. ~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and yens first atone written. - Signed, algid and dellt~ered in the presence oj: • er ~ Mo cis Ruth A.. Morris i ~ STATE OF FLORIDA, Florida ~ } ~ cou;`1TY of - S t .Lucie - ~ I HEREBY CERTIFY that on this day. before me, an ~ officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Robert H. Morris and Ruth A. Morris, his wife to me known to be the persong described in and who executed the foregoing instrument and they acknowkdRed Ixforc me that theyexecuted the same. _ s W17NESS my hand and official seal in the County and State last oresaid this 16th t1s?p of Februar A. D. 19 79 `,aa`•a~UaUytNN,~/ y G,~~ci Jr'~- ~ 4 D RECORDEb ~ =LEO Ash - -~r~-,' _ . L_!~3E Ct;U!'S7_Y FAA.: 4 - ..r._.SQ - ~ '79 FEB 20 PM ~ • 44 - O R r !liu Irwrunun~ p>rpard by. 800U 3 PACF~~~ ~ ~ AJdras - - _ ~ .