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HomeMy WebLinkAbout0431 and chat! perform, comply with and abide 6y each and every the agreement, atlpulationi, eonditioru and oanmanta thereof. and of this mortgage, then this ttwrtgog. and the state herby c?eated, shall c+swe, d.- termtne and 6e null and void. the mortgagor hereby /lather covenants and agreq to pay promptly when due the principal and tntsresf and other sums o% money provided for to said note and thi, mortgage. or ellher: to pay all and ' singular -the taxes. asaesaments, levies, liabilities. obltgaliort~ and encumbroncw of every ratan on said pro- perty; to permit, commit of suf jer no waste, Impairment or dete?torofion of sold land or the improvement !hereon at any lime; to keep the buildings now o? he?ewf ter on said Land /ally insured in a stun of not !eu than maximum insurable value in a company or e^omparties acceptable fo the mortgagee. the policy or policies to be held by. and payable !o, said mortgagees, and in the evertf any sum of money becomes payable by virtue of .such instuance the mortgagee shall have the right to receive and apply the same to the indebtedness herby sectsrsd, accounting to the mortgagor jor any aurpltts: to pay aII costs. charges, and axpetues, including lawyer's fees -and title ssarrhe+s, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully rnmply with the agreements, stipulations, condttioru and covenants of said note and this mortgage. or either; to perjorm, comply with and abide by each and every the agreemsnt. stipulations, conditions and covenants set, forth in said note and this mortgage. or either. ?n the event the mortgagor fails to pay when due any tax, assessment; insttronce premium or other--sum of money payable by vt?tue of said note and tht mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other ?ight hereunder, and all such payments shall bear interest jrom date thereoj at the highest Iaw- ful rote. then allowed 6y the laws of the State of Florida. any stun of money herein ref erred to 6e not promptly paid within 30 days nett after the same becomes due, or if Bach and every the agreements, stipulations, conditions and rnvenant c~ said note and ibis mortgage, or either, are not jolly performed, complied with and abided 6y, then the entire stun 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 6e due and payable, anything in said note or herein to the rnntnary notwithstanding. Failure by the mortgagee to •exer+cise any of the rights or options her+eirt provided shall not consfittete a waiver of any rights or options under said note or this mortgage acextred or thereafter accruing. ~ ` ~n ~~~QSS ~h~eof, the said mortgagor has hereunto signed and sealed these presents the day and year just above written. Signed, sea deli n t(i re a oj: _ ~J, _ o ge B:•~~~ a~ ~ters~~•-~~ ~ • STATE OF FLORIDA, CoUN'rY of ST . LUCIE I HEREBY CERTIFY that on this day, before me, as officer duly authorized .in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared GEORGE B. WALTERS I to me known to be the person described in and who executed the foregoing instrument and he acknowledsed before me that he executed the same. ~~'17:'~ESS my hand and ofiiciai seal ~in the Guuntp and $tatr~ last aforesaid this 7th day of i` Atlyu8t r~. D. 19 79. f. i I . a , . ~ Not y Public _ ~Q ~ e State of Florida a ~'~~-.`ra'm j X19 Ali 'a ~ ~ OS My Commission Expiret~t ~i~'~; FiLEQ_AN~ NE ~ _ r ~.;.~r1 ~tECOftO VERiFtEDr-- ' .~s: ; - .yj- 454155 "l/iis Lcnn~nrcn~ pnopnrrd bY: Addru ao~~ 314 PAGE 4~