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HomeMy WebLinkAbout2576 rr _ - ' and shall perform, comply with and abide 6y ea:h and every the agreements, atipulafioria, conditions and covenants thereof, artd of this mortgage, then 1ht mortgage and the estate herby created, shnU ceae, de- termine and be null and trotd. the mortgagor hereby f tsriher covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and fht mortgage, or either; to pay all and singular the fares, assessments, levies, liabtltties, obligafiona, and encumbrances of every nnltsre on sntd pro- perty: fo permit. commit or suf jer no waste, impairment or deterioration of said land or the improvement therecn at any time; to beep the Buildings now or hereof ter on said land fully insured to a sum of not less than highest insurable value ' in n company or companies acceptable !o the mortgagee, the policy or policies to 6e held by, and payable fo, said mortgagee, and in the event any sum of money bernmea payable by virtue of ouch insurance the mortgagee shall have the right to receive and apply the same to the tndebtedneu hereby sectsred, areounting . fo fhe.morfgagor for any surplus; to pay all costs, charges, and expenses. including lawyeri fees and title - . searches, reasonably incumd or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply urith the agreements, stipulations, conditions and covenants of said note and !ht morfgoge, or either; to perform, rnmply with and abide 6y each and every the agreements. atipubtions, eondifioru aril covenants set forth in said note and this mortgage or either. /n the event the mortgagor fa14 to poy 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 name, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date fherrof at the highest law- f ul rote then allowed by the lours of the Sfafe of Florida. ~L any sum of money herein referred to be not promptly paid within thirty- Jaya next after the same becomes due, or if each and every the agreements, stipulations, conditions and covenant of said note and this .mortgage, or either, are not fully pert ormed, complied with and abided by, 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 the mortgagee, become and be due and payable, anything in said note or herein to the confrory notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or Ihereaflrr accruing. ~n ~he~eof, tltP said mortgagor has hereunto signed and sealed these presents the ~ day and year first shove [rritfen. Sign ,sealed and delir d 'n the prest'nce of - - - - - - Eederal._Investtnent .-.Ltd.---...-------® r . Q Byi James Revelle ~cv~........ .-Genera l---Part~Qr . i i STATE OF FLORIDA, cOC~TY c~F St . Lucie I HEREBY CERTIFY that on this day. before me, an otiirer duk authorized 'in thr Stair aforesaid and in the County aforesaid to takr acknowledgments, personally appeared f James D. Revelle to me known to Ix the person described in and who executed the iorcgoinq instrument and arh0 arknowkd~ed Ixtore me that he executed the same. a ~~'I7:\ESS my hand and official xal in the County and State last aforesaid this 7th day of - June D. 19 ?9 r x ,..,,.,,~;~~f:r,,.,, . • : - - "x~ - r~.,- + Notary tic ~T ~ Y- y~ ~ My Coamission Expires: : rw ; Si.IUCIF.t'~::~,rl~f.ilA. i~ RGGER NGITttl,S Putiik, State o! ~J.•B ~ G CLERX CIRCUIT CCL' ~ ~ Q~ Sys At I:rrp . ~~,v RECG4J VertF~r,:$~~~" ~ ~e ~it.s.~rvwr ne 8, 1~ :~~3,b 448295 r Tliu hu/runrc~l~ ,rd b P'rP° Y~ Janes D. Revelle 3UCKJIV ?AGE~~~4 Addrss 3361 South U.S. Xl Fort Pierce, Florida 33450 ~