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HomeMy WebLinkAbout1158 and shall perform, comply with and a61de by each and every the agreements, sfipulattoris. conditions and - eot~enanls thereof. and of this mortgage, then this mortgage and the estate hereby created, shall crass, de- termine and 6s null and twirl. the mortgagor hereby further covenants and agrees to pay promptly when du. the principal and inters:! and other sums of money provided for in said note and this mortgage, or either; to pay- all and singular the faxes, assessments, levies, liabilities, obligations, and enctunbrancea of every nature on said pro- perty; fo perrntf, commit or suffer no waste, impairmertf or deterioration o/ said land or the improvement Iherecn of a?ty lime: fo Reep the buildings now or hereafter ort said land fully instued in a sum of not less than highest insurable value copy of the in n rnmpuny or companies acceptable to the mortgagee, the/poUcy or policies to be held 6y, Fwd-papabje .~o~. said mortgagee, and in the event any sum of money becomes payable 6y virtue o/ such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all rnsts, charges, and expenses, including lawyer's fees and title searches, reaspnably incurred or paid by the mortgagee becatue of the failure" of the mortgagor fo promptly and fully comply with the agreements, stipulation:, conditions and covenants of snfd note and this mortgage, or either: fa perform, comply with and abide 6y each and every the agreements. stipulations, condifioru and covenants set f orlh in said note and this mortgage or either. In tl~a event the mortgagor (ails to pay when due any tax, assessment. insurance premium or other sttm of money payable 6y virtue of said note and tht mortgage. or either, the mortgagee may pay the snore. without waiving or a/fecting the option to foreclose or any other right hereunder, and all such payments shall bear tnfereat from date thereof at the highest bw- fuI mte then allowed by the (awe of the State of Florida. any stem of money herein referred to be not promptly paid within 3Q days next a/ter the same becomes due, or if each and et1ery the agreements. stipulations, conditions and covenants o/ said note and Phis mortgage, or either, are not fully per/ormed, complied with and abided 6y, then the enure sum mentioned in said note, and this mortgage. or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary noturifhslanding. Failure 6y the mortgagee to exercise any of she rights or options herein provided shall not consfiltrfe n waiver o/ arty rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~itneSS whereof, the said mortgagor has hereunto signed and sealed these presents the day .and year first above written. ea d delivered in the presence o/: 1 . - EDITH HUBER RIBEAUD . a...... f STATE OF FLORIDA, COL'~"I'Y OF St. Lucie I HEREBY CERTIFY that on this day, before me, an ofti~er duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Leona Cook _ to me known to be the p~•rson described in and who executed the [orcgoinq instrument and who acknowledged _ before me that She executed the same. N't7:\ESS my hand and official seal in the County and State last a[oresaid this daY ~ August A. D. 19 79 jtt, ~ ~ 2~ Notary Public met) # M1fitCM L.1~1 gj~ MilMpthMfa ii~At+raf ifMetdg fx tttt~ CL~ MpdtMtilMtln E~.Iung1Q.19st ~ . fltis~It~t+ ~it~d hy: aaoXc~l~ P~CE1~~ = ndt~tY~ ~s,