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HomeMy WebLinkAbout1556 a and shall perform, rnmply with and abide by each and every the agreements, stipulation's, conditions and carrenanfs thereof, and of this mortgage, then this mortgage and the estate herby created, shall cease, de- termine and be null and void. { ~ IU{w fhp mortgagor hPrnby f urfher rnt~enanfs and agrees !o pay promptly when due the principal and ~ interest and other sums o/ money provided for in said note and this mortgage, or either; to pay all acid singular the taxes, assessmerrls, levies, liabililtes, obligalioru. and encumbrances of every nature on ;aid pro- perly; to perntil, commit or suffer no waste, impairment or deterioration of said land or the Improvements 1hPrPCn at any time; to keep the buildings now or hereof ter on said land fully trutued in a sum of not less than the full insuranble value . ; in a rnmpany or t~ompartiPS acceptable to the mortgagee, the policy or policies to 6e held by, and payable fo, 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, acrntrrtting i to the mortgagor for any surplus: to pay all costs, charges, and expenses. including lawyeri fees and title searches, reasortably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply urifh the agreP?ne?tts, stipulations, rnnditions and covenants of said note and this mortgage. or either: !o perform, comply with and abide 6y each and every the agreements. stipulations, conditions and 4 covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagere may pay the aame, without waiving or affecting the option !o foreclose or any other right hPrPtrnder, a?td all such payments shall bear interest jrom dote thereof at the highest law- ful rote then allowed by the lours of the State of Florida. ~l any srrm of money herein referred fo be not promptly paid within ten day: next after the same becomes due, or if each and Peery the agreements, stipulations, conditions- and covenants of said note and this mortgage, or either, are not /ully pert ormed, rnmplied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpatd thereon, shall forthwith or therPOfter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary noturifhstanding. Failure by the mortgagee to exercise any of the rights or options herein , provided shall not constifutP a uraivPr of any rights or options under said note or this mortgage accrued or IhPreaf ter accruing. ~n ~t~eSS ~h~Of, tlrP said mortgagor Itas hereunto signed and sealed these presents the day and year first above u~rftten. Signed, sealed and livered in the presence of : _ ( - Everett' ~'aY n jt~,: ~ _ " i Tom.....- ~ L. - Linda Braynen i . E STATE OF FLORIDA, CUCVTY OP 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 ~ EVERETT BRAYNEN and LINDA BRAYNEN, his wife, to me known to be the person described in and who executed the foregoing instrument and he ackrtowkdged before me that he executed the same. i I~ WI7;~iESS my hand and official seal in the County and State last aforesaid this 12th day of ~ { .Jude A. D. 19 ]9 , f , ~k mil/ .1 ry-~Public;•~"S•tafe•~•of••"Florida at Large ' 4 My Commission Expires: s ,fir ~ g t~_: 13 ~ 3' S5 t~rwr twatfc srtalE a fLOR10J1 ~r true . ~Al"CA'.MISSfO`~ExYIRE5111R. 70 1911 fI~~C Lis`! Rc:.~~r?•~0 • ~ .•••~~ED~flfRtlGf:1E?°t ~nrS t1N0ERN/ItITrRt iT.lUa[.CGUtiiY.FLA. ROGER POITRA5 . _ CI.~F.K C1F.CU1S CaU~ . 44'7599 . -..j7~u. Ircfl~ul~'c~!~ p?r~urrd by: SPENCER B . GILBERT Gi16e"rt, Dorfman & Orr, P.A. Addre.~l P.O. Box 3388, Fort Pierce, Florida 33450 t' R ~a~K 310 rAsE 1555