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HomeMy WebLinkAbout2470 and shall perform, comply with and abide 6y each and every the agreements, attpulattons, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate heresy created, shall cease, de- termine and be null and void. the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest and other sums oj'money provided (or to aaid note and this mortgage, or either; fo pay all and singular the !axes, assessments, levies, liabilities, obligations, and encumbronces of euery nature on said pro- perly: to permit, commit or suf jer no wrote, impairment or deterioration of said land or the improvements thereon at any time; to t;eep the buildings now or hereafter on said land fully insured in a sum of not lest than TWO THOUSAND NINE HUNDRED NINETEEN --60/100---------------------- in ncompany 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 becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectued, amounting to the mortgagor (or any surplus: to pay all rnsts, charges, and expenses, including lawyer's fees and title searches. reasonably incurred or paid by the mortgagee bemuse of the failure of the mortgagor fo promptly and jolly comply with the agreements, stipulations, rnndilions and covenants o/ said note and this mortgage, or either; to perform, comply with and abide 6y each and euery the agreements. stipulations, conditionu and covenants set /orth in said note and this mortgage or either. ?n the event the mortgagor /nits 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 tuatuing or of jecttng the option to foreclose ur any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- jul rate then allowed by the lau,a of the State of Florida. l` any sum o/ mo?tey herein re%rred to 6e not promptly paid within days next after the same becomes due, or ij each and every the agreements. stipulations, rnnditions and covenants of said note and this mortgage, or either, are not fully performed, complied with,~and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in aaid note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or thereof ter accruing. ~n ~t~~SS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the day and year first above u~rttten. Signed, sealed and delivered in the ~~sence oj: 2t~/ - -.-*~--~i.--~- ~ - . _ti~~. - . - - - ~ - - Beatrice White i i t STATE OF FLORIDA, couNTY of St. Lucie I HEREBY CERTIFY that on this day, before me, an e ~ officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared 3 Beatrice White to me known to be the person described in and who executed the forcgoinq instrument and acknowkdRed before me that executed the same.. s WITNESS my hand and official seal in the County and State last aforesaid this 18 day of AP~1 A. D. 19 79 i . • . ' ~ - r_. Mann f~K Srei~ a noRroa t - ~ r : n „ i /?C~MtSSi~l (7VIRfS elf? "7 ~~„u - . ~1~t1 TMRII Gfn:ERsl tr$ • . ~.~,~,7 , . r, • a C _ i T/pit liwrriitrclrt a• ad G p p~ y Jackie Talamine Add?rss First National Bank of Fort Pierce ~ooK 3C)7 Ali; 2469 P.O. Box 970 € x - Fort Pierce, F1a.334S0