Loading...
HomeMy WebLinkAbout2650 i ( 1 i artd shall f/erform, comply Wllh And abide by 1'nl'h an/l PI'Pry t11! agreements, sfiptllations, conditions and I covenants thereof, and of this mo?tgagP, then this mo?tgagP and the estate hereby created, shall cewe, de- termine and 6e null and void. end the mortgagor herl•hy f t1?fher covenants and ag?ees fo pay promptly ulhen due the principal and interest and other sums of money prat+ided for in said note and this mortgage, or either: to pay all and singular the taxes, assessments, let+ies, liabilities, obligations, and encumbrances of every nature on said pro- perly: fo permit, commit or stlf fPr no u+asfe, impai?menl or deterioration of said land or the improvements Thereon at any time; fo keep the buildings note or hereof ter on said land (ally insured in n sum of not lest Than $29,000.00 to fire and windstorm insurance in a company or comf/antes acxeptable to the mortgagee, the policy or policies to 6e held 6y, and payable !o, said mortgagee, and in the event any sum o) money becomes payable 6y virtue of such insurance the mortgagee shalt have the right to receive a?td apply the same to the indebtedness hereby secured, accounting fo the mortgagor for any surplus; fo pay all costs, charges, and expenses, including lawyeri feet and title searches. reasonably incurred or paid by the mortgagee bemuse of the faihue of the mortgagor to promptly and fully comply with the a~reemenls, stipulations, conditions and covenants of said note and this mortgage, or Pi1h1'r; to perform, comply u+ifh and abide 6y each and every the agreements, stipulations, conditions and cot+enartts set forth in said note and this mortgage or either. In the event the mortgagor (ails to pay when I due nay tax, assessment, insurance premium or other sum of money payable by virtue of said note and t is mortgage, or either, the mortgagee may pay the same. without tuaiuing or affecting the option to foreclose or ony other right herellr•der, and all such payments shall bear interest from date thereof of the highest tau+- (t11 rate then allou+ell I,y the Iat1+s of flte Slafp of Florida. 1 ~t any sum of money herein re(errPd lO 6e not promptly paid within ---3Q--- days next after the same becomes dttP, or i( each and every the agreentenfs, stipulations. condifiorls and covenants of said j note and this mortgage, or either, are rtot fully performed, complied u+ith and abided 6y. then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter. a1 the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not rnnstihlfe a u+aiver of any rights or options under said note or this mortgage accrued or Ihereoffer accruing. ~n witness whereof, the said mortgagor has hPrettnto signed and sealed these presents the day and year first abot+e a+riften. i Signed, scale and d II~PrPd in the presence of r ~ 1 ' ~ ~ ' f t~ i ` ~ f I ~ STATE nF FLORID:1, I e COCtiTY OF St .Lucie I HEREBY CERTIFY that on this day, lxiorc me, an ~ ollicrr duly authuri~ed in the 5tatr aforesaid and in the County aforrsaid to takr acknowledgments, personally appeared Alberta C . Hair ~ ~ - to tm• known to hr the person described in and who executed the (orrgo+nq instrument and She acknowledgtd before me that She executed the same. ~~'I•f\ESS my hand and official seal in the County and Stag- last aforesaid this -day of , ~ relay D. 19 79 19th, - ~ r - .f pt0 •RNv Nt t:UNUt A Notey ~ e, ~~ile~ht, f ~ , ~ y, C COUNTY.FI MY Commission Expires~:•],,2, 1982 r '~t~ER PDtTRAS Rcutded thty Jedco Insur~i• P'~^ } ~ ~ ~ ~ RECORD Y,R~f'~n---~ { 5 q~ f ~ ~ F.A.Harris ~ t 410 OrangeAve. 1 1%is h~~Iriu~ir•nl prrNrlrr~! ly: Fort Pierce, Fla. ~ ' f ,~l~h/?I~~c C R tJVt7 8OGK ?ACE