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HomeMy WebLinkAbout1429 22G' 3~ ~ .37 and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants thereof, and o/ this morfpape, Then this mortgage and the estate hsroby created, shall cease, de- termine and be null and void. INI{81he mortgagor hen+by f urfher covenants and agroes to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the fares, assessments, IPUiPS, liabilities, obligations, and encumbrances of every nature on said.pro- pe?ly; to permit, commit or suffer no waste, Impairment or delertoration of Bald Land or the improvements Iherncn at any time; to beep the buildings now or hereafter on said land fully t?utrred to a sum of not less than ----------------------full insurable value---------------------------------- in acompany or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event any sum of money bernmes payable by virtue of such insurance the mortgagee shall have the rigl.t to receitrc? and apply the same fo the indebtedness hereby secured, accounting to fhp mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyers fees and fide searches. reasonably inc?rrred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said Hole and Ibis mortgage, or either: fo perform, rnmply with and abide 6y each and every the agreements, stipulations, rnndittons and covenants set forth in said note and this mortgage or either. Tn the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable by uirtue 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 rig?rf hereunder, and all such payments shall bear interest from date thereof of the highest law- f ul rate then allotvetl by the laws of the State of Florida. _ any s?rm of money hereir? referred to be not promptly paid within fifteen (15)lnys next after fire same becomes due, or if each and every the agreements. slipulafforrs. conditions and covenants of said note and this mo?tgarye, o? either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said ?rote, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary noRvithstanding. f=ailure by fife mortgagee to exercise any of the rights or options herein proricled shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereat fc~r accruing. ~n ~Dlt11eSS ~~Of, the said mortgagar has hPrPUnto sictned and sealed these presents fhP day and year f irsf shore er~rilten. Signe sea d d,~lirer in he pre tact of R~ VIRG M. ERNSBE~ER i i E ~ f STATE OF FLORIDA, I = f rc)1_-VTY OF ST. LUCIE I I HEREBY CERTIFY that on this day, before me, an ~ i ~ officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared z ! R. DALE ERNSBERGER and VIRGINIA M. ERNSBERGER, his wife .,~r'.' . to mr known to be the person 8 described in and who rxccutrd the foregoing instrument and they .?~d~sfd i ~ Ixtore me that they executed the same. N'17 \ESS m • hand and official seal in the Count - and Stair ore ~ this March A. D. 19]9 s 7v rr Ep : E~DRDED' Gf~ c• NC)TARY h11lIC S-aiE ~ ftORlt?!? AT IARC~ A p p 1~1 MY CQrW/NISSII]N tXFrYfS AAAt l0 1981 w f79 Hf ~ S f 1 Z 9 NOf~OED tHtU t#N[Ral c+1S . 11N1t~ERVYR1;Et~ } ~ ' r accP~ ~U 148 6 FA~,r ~ 1%n htrmimcit/ prrprnrd i3y: ~ ANITA M. LO PRESTI 1 wss orcwred bf?: A?I~/rrxs Olrmt>rc Titre f: Abstrar_t C~moa!ry, 18:?60keechelKe R;,ad, Fort Pierce, ~ . ~ a tNcessary Incident to the ;u?f:Rment of oonditi Florida 33i<50 - inwnnq cornonftment Issued bf? it ~ ootltaillea in a title i