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HomeMy WebLinkAbout0094 and shall perform. comply with and abide 6y each and every the agroements, stipulationi, eonditioru and eovenanls thereof. and of this mortgaps, then this mortgage and the esfnte hereby created, shall cease, de- fermtne and brr null and t?oid. ' the mortgagor hereby jurlher~ eovenanls and agrees to pay promptly when due the prtnNpal and interest and other sums of money provided for to said note and this mortgage. or either: to poy all and singular the taxes, ossesaments, levies, ltabtlilfea, obltgattons, and enctunbrartces of euory nafun on said pro- perty; fo permit. commit or suffer no wasfe,~ impairment or deterioration of said land or flte improuemenb fherecn at any tints: to keep the buildings now or hereafter on said land fully insured in a sum o/-not less than highest insurable value to a company or companies acceptable to the mortgagee, the policy or policies 'to be held by, and payable to, said mortgagee, and in the event any stun of money becomes payable 6y virtue of such insurance the mortgagee shall hane• the right fo receive and apply Ihs same to the indebtedness hereby :scrum!, aecounttng to the mortgagor for any surplus: to pay alI costa, charges, and expenses, tncltsding latuysrs fees and tttlt aearehea, reasonably incurred or paid by the mortgagee because of the jailors of the mortgagor fo promptly and fully comply with the agreements, stipulations, rnndtfions and covenants of said note and this mortgage. or either; fo perform, comply with and abide 6y each and every the agreements, stipulationu, conditions and covenants set forth in acid note and this mortgage or eithe?. In the went the mortgagor jails to pay when dos any fax, aasessmenf, insurance premium or other sum of money payable 6y virtue of said note and this - mortgage, or either. the mortgagee may pay the same, without waiving or of jecfing the option to foreclose or any other right hereunder, acid all such payments shall bear tntere:t from date thereof of the highest law- Jul refs then allowed by the laws of the State of Florida. any sttm of money herein referred to 6e not promptly paid within fifteen Jaya next ajier the same becomes due, or [ f each and every the agreements, stipulations, conditions and covenants of snid Hate and this mortgage, or either, are not jolly performed, complied with and nbided 6y, then -the entire sum mentioned in snid note. and this mortgage, or the entire balance unpaid thereon, shall forthwith a thereajfer, at the option of the mortgagee,r6ernme and be due and payable, anything in said. note or herein to the rnntrary nofu,ilhslanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute n waiver of any rights or options under snid note or this mortgage accrued or thereafter accruing. ~n - witness thereof, flte said mortgagor has hereunto signrd and sealed these presents the day and year first above written, YN:S IS A t:ALLOON MORTGAGE, AND TtiE FI~tAL DAYMENT OR fifE BALANCE CUf t!F•~N MATURITY Signed, sealed and delivered in the presenre o): t~ ; 21, 032.77 70~ETH~R ~YITH AC- CRUED INTERi:ST, IF ANV, AND ALL ADYAhC1® - - - - - IiAtENTS MADE BY THE MORTGAGEE UNDER TH~ TERMS ~ THIS h10RT!'AGE.---------------------•--...--...-.- • ~ _ es - Turner ~j~ Jos G. Miller STATE OF FLORIDA. COL'\TY OF - ST.LUCZE Y th t on this da before arse- s?n I HEREBY (:ERTIF a y, o[[icer duly authorized in the Statc a[oresaid and in the Coanty a[oresaid to take acktwwtedgments, personally appeared JAt4ES E. HATFIELD, JA~,ES R. TURNER, and JOSEPH G. MILLER/- to mr known to be the prrsosS described in and who executed the [ongoiryr instrument and they acknowtedRed bc[orc mc~that. the~xccuted the same. - - - - - -'W't7'NES3 my hand and o[ticial seal in the Gounty and State Last aforesaid this 3rd day o[ August A. D. 19 79. ~i ---ru,r - ~ Notes - -P 1c J 'K)! ARt Mtslj: Sl a R !l(iR IOA Ai fARC# Mfr CC?MM515SION tXI1tt5 Silt 1? r9e) - K1f~rOfD iW1UGfNcRA/ NS. tirratRwR~rft~ ; , ~fl S..f r.../..1I J. i l~ i ~ Vt L .i _'•s ? i, i R SHERRARD tt+. ~ ~ 1 w ~~L ' <<~:. JOHN fDGA - ; ~ , r This Ins~nancu~ prrpnrrd by: At Law = Attorney , ~ - .~4 ` + , Acldtri~t 203 5. Indian River Drive . P. O. sox 4332 1, , 80~XJ~~ PAGE 9~ ,4 Fort Pierce, Florida 3345fl