HomeMy WebLinkAbout2889 f ~ ' s i
and shall perform, t~omply with and abide 6y ench and every the agreement, aU'ulatb?is. rnndgtons and ~
covenants thereof, artd of Iltis mortgage, then this mo?tpage and the estate hereby crented, shnll cease. de-
lermine artd 6e null artd void.
~Ild the mortgagor hereby further rnvenanls and agrees fo pay promptly when due the principal and
interest and other sums of money provided jar to said note and fha mortgage. or either; to pay all and
singular the taxes. assessments, levies. Itabtlllies, obligations, and encumbrances of every naftrre on said pro-
perty: fo permit. commit or suffer no waste. impairmenf••or deterioration of said land or the improvements
therrcn at arty limo; to beep the buildings now or hereafter on said land fully insured in a sum of not less
than FULLY INSURED •
in a company or compa?ties acceptable fo the mortgagee, the policy or policies to 6e held 6y, and payable
lo, said mortgagee, and in the event any sum of money becomes payable by virtue o/ suFh insurance the
mortgagee shall have the right to receive and apply the same to the tndebfedneas hereby secured, accounting
to the mortgagor for any surplus: fo pay all cost:, charges, and expenses, including lawyer's fees and title
searrltes, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and rnvennnts of said note and this mortgage,
or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
cot~ertartls set forth to said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other strm of money payable 6y virtue of said note and this
mortgage, or eiflter, the mortgagee may pay the same, without waiving or of
jecfing the option to foreclose
or any other right hereunder, and all such payments shall bear interest from data thereof at the highest law-
fttl rate Then allowed by the Iarrrs of the State of Florida.
7` any sum of money herein referred IO be not promptly paid within 10 days next after
the same becomes due, or i f each and every the agreements, stipulations, conditions artd covenants, of said
note and Ibis 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 6alartce unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the conlrory notwifhsfanding. Failure by the mortgagee to exercise any of ,the rights or options herein
provided shall not cunslitute a waiver of any rights or options under said note or this mortgage occruetl or
thereafter accrttirtg. A late charge of (5X) of the monthly Installment not received
by the Mortgagee on or before the 10th day following the due date may b((e asseslsed
~n ~~~f, the said mortgagor has ?teretrnto signed and sealed Ihe3e p
seals the I
day and year lint above u~rifft•n. - ;
Signed, sealed and delivered in the presence oj:
RIRR YOUNG -
' MONICA YO G
/ ,
- ------Qi.K..~...-~- - - - - - -
DAVID YOUNG
- - - .
i
STATE OF FLORIDA,
cov~TY of ST. LUCIE
I HEREBY CERTIFY- that oa this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
KIRK YOUNG and MONICA YOUNG, his wife ~
i
to m~• known to be the persong described in and who executed the foregoing instrument and they acknowledged I
Imforr me that they executed the same.
~ WI'I!\ESS my hand and ot(icial seal in the County and State last atoresaid this 1$T da• oi•
I May A. D. 19 79
"s
Ft
' otary u tic
E r,
Hy Commission Expires:
rJ~ ~ Y - NOTARY 1lAlIC STATE Clf IkORIQA AT
- t1IY CCJMMISSION E7VIRB 1AN. 2~ 19 2
i <r - ft01r4Et) TitU QAIEtt/1t INS. Itt~WRl
;7 ~4t -
*by Mortgertgee and shall be covered by the lien of this Mortgage without affecting
~sr}X~,gC~r~option of the Mortgagee contained herein.
a
l7tu Itcrlnntt~tt~ p~rpnr<•r! j'Y~ LAWYERS TITLE INSURANCE CORPORATION
_ ~ ;1r/~Inxs Cheryl S. Miller U k ~pQ
P. 0. Box 3845 BOOK t)U~ PAGF~OpO
Fort Pierce, FLA 33450 s
~~Y _
t.. Y ~ _ i _ ~ _