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HomeMy WebLinkAbout0116 ~ _ _ _ - and shall perform, comply with and a61de by each and every the agreements. sftpulattoris. condifiorts and covenants thereof, and of this mortgage, slier this mortgage and !hs estate herby creased, shall cease: de- termine and 6s null and void. 7T<INE the mortgagor hereby further covenants and agaves fo poy promptly when dw the principal and interest and other sums o/ money provitled jw in said note and this mortgage. or either; to pay all and singular the loxes, assessments, levies, liabilities, obligations. and encumbrances of every naturo on said pro- perfy; to permit, rnmmit or aujfer_no waste, impairment or deteriorofton of said land or the improvements thereon at any lime: fo steep the buildings now or hereafter on said land fully Ensured in a sum of not less than highest insurable value in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable fo. said mortgagee, and in the event any stun of money becomes payable by virtue of ruck instu~artce the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor (or any surplus: is pay all costa. charges. and expenses, including lawyer i fees and title searches, reasonably inctu~red or paid 6y the mortgagee because of the jailors of the mortgagor to promptly and jolly rnmply with -the agreements, slipuiationa, coruf ttions and rnvenanls of sold note and this mortgage, or either: to perform, comply with and abide 6y each and every the agreements. stipulations, conditions and covenants act forth to said note and this mortgage or either. /n the event the mortgagor jails fo pay-when dire any tax, assessment, insurance premium or other aum of money payable 6y virtue of said note and this mortgage. or either, the mortgagee may pay the same, without wafuing or affecting the option to foreclose or any other right hereunder, and all such paymenb shall bear interest from date thereof at the htghes! law- f uI rate then allowed by the laws o/ the State of Florida. - - any sum of money herein ref e?red fo be not promptly paid within fifteen days next after the same becomes due. or ij each and every the agreements, stipulations, conditions- and covenants of said note and this mortgage. or either, are nos fully performed. complied with and abided 6y, Ihen the entire sum mentioned in said note, and flits mortgage, or the entire balance unpaid thereon, shall forthwith or thereajfer, at the option of the mortgagee. become and be due and payable, anything to said note or herein fo the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein - provided shall not constitute a waiver of any rights or options under sold note or this mortgage dccrued w therea(1er accruing. ~n ~ttI1tSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year fiat above u~rilfen. TMIS IS A BALtOJN A4CiiTCAG'c, At:9 1'L:E F?YAL PAYN.ENT CR THE 3A4'.lir~ C ; ~`.T':2! ; Y Signed. sealed and delivered in the preSPI1CP oj: s-Q, TiG_: ~ _ ~ , is s 13~ 334 _ - .CR;i~R.. NST~R~~T...'~.."_"•.~~- A;:~ 1iL ~1~..:::==~ MENTS taA3S I3Y THE 1.:^:?G;.GEfi U:t?c : Trio - - --iHt~i45~~G1~-Titii•~+ICRSGAGE..................._..............------~ - s E. eld - ~ - - • / ..lam.---..... ` ame R. Turner c - (L.S.) J ph G. Mil r STATE OF FLORIDA, c couvTV OF ST.LUCIE I HEREBY CERTIFY that oo this day, before me, an officer duly authorized in the State a(oresaid.and in the County aforesaid to take acknowledgments„personally appeared JAMES E. HATFIELD, JAMES R. TURNER AND JOSEPH G. MILLER • to me known to be the persoS described in and who executed the toregoinR instrument and thgy acknowkdRed txlore me that they executed the same. N17:'1iESS my hand and oiticial seal in the (:curly and State last aforesaid this 3rd day ol. ALigUSt A. D. 1979' 45396' `u N ary P sic - ~~9 AUG M 1st K.ealr h~tu~' ytar! (]1 •ltitlt)A Al tAti~ S EO t kECOYA A MY eOMMtsstp+ fJNt!!S SEIt 1? wet (?Cp~T sOfaDtp tttRU C.ENi.Mt tt~lS u?~.7ERwt1tERS 6E POIfRA CLERK CIRCUR CO~~~ , , , , v ~ y CORD YEP.If'IEO~~-. ~~a JOHN EDGAR SHERRARD ~ r~ c i..'`~~ " n~ - '!'hu Lulrunr~nl rr rrrd h Attorney At Law ~ ' y~ p ~ 2Q3 S. Indian River Drive , r'',c, lldilrrls P. O. E~x 4332 ~J.aG~• . Fort Pierce, Florida 33450 I!K 1