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HomeMy WebLinkAbout2885 and skull perform, comply u~ifh and abide by each arld every tits agreements, slipulaftont, conditions and rnvenartfs Ihereoj, a?td of this mort{tape, then this mortgage and the estate hereby crwated, shall cease, d~- fermine and be null and Ibid. the mortgagor pert+by further covenants and agrees to pay promptly when due the principal and Interest and other sums of money provided for to said note and flits mortgage, or either; to pay all and tingtrlar the fares, assessments, levtes, liabilities, obligations, and encumbrances of every nature on said pro- perty: to perlnIf. commit or suffer no waste. impairment or defertorofion of said land or the improvements fherrcn of arty time; to beep the buildings now or hereafter on said lortd fully Insured in a sum of not leas than gtn,L INSURABL>; VALUE in a compa?ty or compnrties acceptable fo the mortgagee, the policy or policies to be held 6y, 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 secured, accounting to the mortgagor for any slrrpllls; to pay all costs, charges, and expenses, including lawyer's fees and title searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply u+ith the agreements, stipulations, conditions and covenants of said note and this mortgage. or either: to perform, rnmply with and abide 6y each and every the agreements. slipulnftons, conditions and covenants set forth in said note and Ihis mortgage or either. In Ilte event the mortgagor jails fo 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 jorecbse or any other right hereunder, and all such payments shall bear internst from date thereof at the highest law- f ul rnte Ihen nllou,ecl by the Mlr,s of the State of Florida. ~L arty sum of money herein referred to be not promptly paid within lrj days next after the same becomes due, or ij each and el'ery the agreements, stipulations, conditions and covenants of said note and this mortgage, or ei/her, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, of the option of file mortgagee, become and 6e due and payable, anything in said note of herein to the corlfrnry notu?ifhslandtng. Failtrrn by the mortgagee fo exercise any o` the rights or options herein provided shall not constitute a u'ainer a( any rights or options under said note or this mortgage accrued or fhereajll'r nrcruing. ~n wiu~~ ~Il~Ols fhP said mortgagor has hprPUneo signed and sealed these presents the daV a11d Vt'r1r l/rst ab01'P 11'rittr?1. , sealed and delivere in the press>nce oj: ~ i i - - I c STATE OF FLORIDA, ccxi:~TY 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 WILLIE T~QLLER AND FENDER NIILLER , his ~tife to me known to be the perm i described in and who executed the [oregoing instrument and th@}I acknowledged ~ Jxfgre me that they executed the same. i ~ 'N~'l:~iSS my hand and official seal in the County and State last aforesaid this 1St day of r^ A. D. 19 79 - . ~ ~ Q :i: _ - ~ , ~A ' . FtIEU Atiif P~CUIi[lt:0 MAIIC AAIE OF' EIORla11 AT t/l~ ' sr.~uc1E ccut,TY r: ~ CdNrwtsstf~t t:w1RB LW. za 1lfi2 -t ROGER POITRaS ft~o~otp ~ t, - CIERlI CIRCUR C T It~6• ~WRI1ffi 1 F i RECORD ti'£i:tf1.0$., f t ~~21824 This Instrument Prepared By: :J Tlra Irr~nnnfnl prfpnn-d hy: R. David shumea_ Tr_ l ,~1/?/rrxt LAWYERS TITLE INS. C:?RP. ~ R a21)ry - i ~ F 321 South 2nd Street BUOI! vV I ~CEt~~4 I Fort Pierce, Flo. 33453 i _ - ~ _ ,