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HomeMy WebLinkAbout2042 anti shall perform, comply u~ifh artd abide 6y each and every the agreentertta, stipulations, conditions and covenants thereof, and of Ibis morlgage, then this mortgage and the estate hereby created, shall cease, de- termine and be ?udl and void. ~n~ flte mortgagor Item+by further coVertanfs and agrees to pay promptly when due the principal and interes! and other sums of money provided for in said Hole and thb morlgage, or either, to pay all and singular the fares, assessments, levies, liabiltlies, obligaliorts, and encumbrances of every nalwt+ on said pro- perty; fa perntif. commit or strf ter no u~asle, impairment or deterioration of said land or the improvements Iherrcn of any time: fo beep the buildings now or hereafter on said land )ally insured in a sum of not less than -----------------------full insurable value---------------------------------- in a company or companies accefrtable to the mortgagee, the policy or policies fo be held by, and payable lo, snid mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, acrnunting to the mortgagor for any strrpltts: to pay all costs, charges, and expenses, including Iau~yer's fees and title searches, reasorta6ly incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply u~ifh the agreements, stipulations, condilioru and covenants of said note and this mortgage, or eillter: fo perform, comply with artd abide. 6y each and every the ngreemertts, stipulations, condiliorts and covertartls set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due arty tar, assessment, irtsttrance premium or other sum of money payable 6y virtue of said note and this morlgage, or either, Ilse mortgagee may pay the same. without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof of the highest law- ful rate then nllowed 6y the Iatos of the State of Florida. ~l anV sum of munev herein reFerred fo be not promptly paid within fifteen (lS~ays nest after the same becomes due. or if curb and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed. complied with and abided by. then the entire sum ntenliorterl in said mote, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee. become and be due and payable, nnything in snid note or herein to the controrv notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein l,rovidcKl shall not constitute awaiver a( any rights or options tutder said note or this mortgage accrued or Ibereoff~~r accruing. ~n witness whereof, tb+• said mortgagor bas Hereunto signed and sealed these presents the I day and year tint abore a+ritfen. 1 S', ned. sealet~ ary(1 ,'leliver~l in h p e~rnrt> a): ~ 1 J / - , ' I r e ~ j I STATE OF FLORID:1, - i i COL'\T1' OF ST. LUCIE I HEREBY CERTIFY that on this day~.l~,efQtr•me, an ' i offirer dul~• authorized in the State aforesaid and in the County aforesaid to take acknowledQmcnu, :persen'31{tc.ap~red 1 • • ~ GERALD E. GEORGE ik SYLV7A J. GEORGE, h/w - - ~ ~ ~ u, mr known to lx• the p~•rson S described in and who executed the forcgoin¢ instrument and ~teey •~iacknowled~ed ~ M Ix•for~• nm that they executed the same. ~ - ~~•I"I tiES5 my hand and official seal in the Counh• and St last aforesaid this 6th";~1? • d R•~Q( J ` March D. 19 79 ~ ; ~ is ' ~ :ice.:: ~•'.;i rZ=COtZisEl~ L . - : ~ ' _ ~[RA9Y P[ii~' S~fff IZORIM !iT GIB ~:i84U'7 ~ (:(>~~gs~t t=x?,:t=s M,t. 9f, ~ 6~LItAl, t>r,f. t~Kt>~lfw - '79 2 3 PM 2: 5 2 , °f geoN 305 vAGE~aK7 - (7iis /~fslninrnrl prrpnrr•~I hy: A1~iITA M. Lo PRESTI ibis instrtmtent rlrss prepsrM by: d /1tt'd~r'i+ 6?ynpic Ti;te R Abs;rad ^.-m-a~Y. 18060%^^chcbeo Rozd. Fort Pie?u, Fbrids 33450 ss a necessary incider~; to tF~e tulL;lmerl of eordilic~u t»tttairted ie a 1>t>. ti iawranu commitment issued by it. - --r