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HomeMy WebLinkAbout2964 and shall perform, comply with and abide by Pach and every the agreements, stipulations, conditions and `i cat~Pnanfs 1herPOf, a?sd of Ihis mortgage, then this mortgage and the estate hereby rtrafecl, shall cease, ds- ,i (ermine and hP null and twirl. i _ 1i1N~ IhP marlgagw hPmby (urlher cot~e?tartfs and agrPea fo pay promptly when due the princtpnl and ' irsteresl artd oflser sums of money provided for to said note and this mortgage, w either; to pay all and ' t singular the faxes, assessmersfs, levies, liabilities, obligations, and encumbronces of every Hallos on said pro- perly; fa pernsiL commit or su er no waste, im trmenf or ~ (f pa' deleriorolion of said Land or the Improvements , Iherecn al arty tlmP; to keep the buildings ?tou~ or hPrPajfPr ors said Land /ally insured in a sum of not less than ft111 insurable value. fn a c•omtxsrsy or comparsiPS accPp1a61P to the mortgagee, Ilse policy or policies fo be held 6y, and payable to. said mortgagee, altd in IhP PvPnt any ssrm of money becomes payable by virtue of such insurance the mortgagee shall IsavP Ilse right to rcc-Piue and apply the same fo the indebtedness hereby secured, accountirsg to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer': fees 'and fills searches, reasonably incurred or twirl by the mortgagee 6ecatue of the faihu~? of the mortgagor to promptly and folly comply wills Ilse agreemersfs, stipulations, conditions and rnvenanls of said note and Ihts mortgage, or Piflser; fo perform, comply with and abide by each and every the agreements, sfipulattona, conditions and couPrsarsts set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment. insurance premium or other sum of money payable 6y virtue of said Hole and this mortgage, or eillser, the mortgagee may pay the same, without watuing or of fecffng the option fo foreclose or any other right heretrnrler, and all such payments shall 6enr interest from date thereof at the highest law- f ul mfe then allotued by fhP laws of the Stale of Florida. any sum of money herein rPlPrred to be not promptly paid within 30 days next after the same becomes due, or if each and every 1hP agreements, stipulations. conditions and couenanta of said 11 note and this mortgage, or Pifher, 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, at fhP optian of fltP mortgagee, br•rome a?sd be due and payable, anything in said note or herein to the contrary nofu~ilhsfanrling. /'attars by the mortgagPP fo exercise any of the rights or options herein i proriderl shall rsof ronsfitufe a u•airer of any ri~lhls or options under said note or this mortgage accrued or fbereaffer accruing. r ~11 ~ttfltSS ~hereofs fhr said mortgagor has IIPrPllnf0 signed and sealed these presents the day and year f irsf aborP u•rilfen. Sig d, sealed a td r•I' ~Pred in fltr presence of : r - - - _ ..g - - u cC -eer - _ / T 1 STATE OF ~ej~rt ' /t/'d n d G } f I HEREBY CERTIFY that on this day, bdore me, an officer dale authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~ I SAMUEL B . McCREERl~ h1a 8ppli8e s $laiae D. 1LCCreery to mr• known to Fx the person described in and who executed the foregoing instrument and 'r heyackrwwledRed ` l {x(orc me that'~he executed the same. N'I"l:~t:SS my hand and official seal in the (:ounty and State last a(orcsaid this l~~ day of j [ ~?'c~LLy A. D. 19 79. E (r/f-- r ~ ~ ~ ~ - _ # - •T ~c''Z ` nt. ry ..Publ.• _ . t~ ..~~g ~ 7 1 ~ Mate of ..Large ` ~ f~' ~y Commission Expires-t~j - ST.tUCI COI~tiT1',~i-1`• COMM[SSIO:i EXPIRES DtC~~t~R 'ly, ICI ~ ~ T : ` Q , \E~'f"~- 7" 1 i RtCON•' s ' ~44`79~ - ~ l%a l~ulnr??~~frl prr-~rrir'rl hy: Harold H. Goldman, Esquire Arhlrru 8028 South Federal Highway p g ! Port St. Lucie, Florida 33452 BOC/.~ PACf29S2 e