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HomeMy WebLinkAbout1393 and shall perform, rnmply with and abide 6y each and every flee agreements, stipulations, conditions and col+Pnants thereof, and of Ihis mortgate, then Ihts mortgage and ih. estate hereby created, shall cease, de- termine artd be null and void. I><~ the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest a?td other slims of money provided for in said Hole and this mortgage, or either; to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbronces of every nature on said pro- perfy: to permit, commit or st?f jer no waste, impairment or delertorolion of said land or the improvements the?ecn at arty time: fo leePp the buildings now or hereafter on said land (ally insured in a sum of not less than highest insurable value. in a company or companies acceptable fo the mo?lgag.*e, the policy or policies fo be held 6y, and payable to, said mortgagee, artd in the event any stun of money becomes payable 6y virtue of such instrance the mortgagee shall hat's the right fo receive and apply the same fo the indebtedness hereby secured, accounting to the mortgagor (or any surplus; to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid 6y the mortgagee bemuse of the jailors of the mortgagor to promptly and jolly 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 agreements, stipulations. conditions and covenants set forth in said note and this mortgage or either. In the went the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right heret?nder, and all such payments shall bear interest from date thereof at the highest law- ft/l rate then allOll~e<l hV fhP la1vS Oj the Sfafe Of Florida. ~l arty sttm of mo?IPV 11PlPI?1 reIPKPd IO be not promptly paid within thirty days next after fhP some becomes dire, or if each and el'ery the agreements, stipulations, tronditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire - . sum mentioned in snid note, 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. anything in said note or herein fo the contrary notwithstanding. 1=ailtlrP by the mortgagee fo exercise any of the rights or options herein proridPd shall not constifutP n waiver oI any rights or options•under said note or Ibis mortgage accrued or fl?ereaf ter accruing. ` . ~n ~itneSS ~heCeof, ills said mortgagor has hereunto signed and sealed these presents the day and year first abo?'P written. Signed, sealed ar d delirered " t the pre Ice oj: D al E. cob on - . - -~1- - - - ~ - - - - -~--~.a: - Marilee I.~~ cobson ~ . E STATE OF FLORIDA, coc QTY c)F ST . 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 ~ DONALD E.JACOBSON and MARILEE I. JACOBSON,his wife to me known to be the persor~ described in and who executed the foregoing instrument and they acknowledged Ixforc me that they executed the same. SYIINESS my hand and official seal in the County and State last aforesaid this ~ day of r~ a Aprll A. n. 19 79. ~~EL+ R~CORdFD =j - ~ - • Notar Public '~a~.y~0 My commission expires ; YC11~RY W!R{~( Si~~{ pr ~uJItIDA A) InRC,'t '79 A~~ 5 AM i~ ~ 51 ` Mr COMMISSION EX?IRES SfPI . I? 19tf1 ~ J - e(X~10ED IN+tU Gir~R/1l WS. l)NDEtwtITELZ ~ . ~ tsar,; ~ - . - ~ ~ JQHN EDGARSHERRARD lIp ~ tG"•:~.~ ~ Thu hwni» trn~ pnparrrl by: Atta-nc,~ A{ Lew , , 203 S. In_:-'? ewer Drive ' t;' P. O. 6cx 432 Fort Pierce, Florida 33450 svF, ~ ~ ~fE1~392 I f wIG~?