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HomeMy WebLinkAbout1196 , and shall perform. rnmply with and abide by each and every the ag?eentenb, sftpubtioris. eondltbna and eoaenanta thenoj, and of this mortgage. then this mortgage and the estate herby crated. shall cease. de- termine and be atilt and twirl. the mortgogor hersby f uHher. ~ovananfs and ogr.. to pay t~mPtly whn dw the principal aid tntereat and other sums of money provided for to :ofd note and thin mortgage, or Nther: to pay all and - singular the faxes. aases:ments, levies, liabilities, o611gattoru, and encumbrartees of every rotor on said pro- perly: to permit. rnmmil o? aujfer no waste. impairment or deterior+attat of said land or the tmprowmsnti iherecn at any time; to 4eep the buildings now or hereafter on said land /idly iruurd to a stun of not leu than------------------------full insurable value---------------------------------- in acompany or companies acceptable to the mortgagee, the policy or policies to 6! held 6y, and payable to, said mortgagee. and to the event any stun aj money becomes payable 6y virtw of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness herby secured, accounting to the mortgagor for any aurphts: fo pay all costs, charges, and expenses. including lawyer's jeea and titb searches, reasonably incurred or paid 6y the mortgagee because of the jailor of the mortgagor to promptly and jolly comply with the agreements, stipulations. rnndittons and rnvenants of said note and this mortgage. or either: to perform, comply with and abide 6y each and every the agreements. stipulations. conditions and covenants act forth in said note and this mortgage or either. In the event the mortgagor jni4 to pay when dw any tax, assessment. insurance prmium or other sum of money payable 6y virtue of said note and ilia • mortgage, or either. the mortgagee may poy the same, without waiving or affecting the option to foreclwe _ or any other right hereunder, and alt such payments shall bear Interest from date fher+eoj at the highest law- f ul rote then allowed by the tau+s of the State of Florida. ~l any sum of money herein relerred fo be not promptly paid within thirty (30) days next of ter the same becomes due, or if each and every the agreements. stipulations, conditions and covenants of acid note and this mortgage. or either, are not jolly perjonned, complied with and abided by, then the entir sum mentioned in said note, and this mortgage, or the enttr~e balance unpaid thereon, shall forthwith or thereafter. at the option of the mortgagee. -become and be due and payable. anything in said note or herin to the contrary notwithstanding. Failure 6y_ the mortgagee to exercise any of the rights or options herein provfded shall not constitute a waiver of any rights or options under said note or flits mortgage accrued or fhereafler accruing. ` ~n ~t~~SS ~herenf, the said mortgagor has hereunto signed and sealed these praents the day and year first above tvriffen. Sign s led and eliv red in the pres~nr•p of . ~ JEROLD DAUG AItET D GHE E r ~ _ E STATE OF. FLORIDA, COUNTY OF ST . LUCIE I HEREBY CERTIFY that on this day, tsefore me, an officer duly authorized in the State aforesaid and in the County aforesaid to take ackr?owkdgments, personally appeared JEROLD DAUGHERTY and MARGARET DAUGHERTY, his wife to me known to tx the person described in and who executed the foregoing instrument and acknowledged heforc me that executed the soma I7 i~tESS my hand and official seal in the County and Stair last oresaid this day 'of f August A. D. 1979 , ..,;:,t. ; ~ - FILED i?RO RECORDED " ~ ' , ST.LUCt COUttTTY.fLA. +rOt~r ~t11ttC StstF Or" ~ ~ ' ~ ..mod ROGI~ POITRAS Stt ~J?t: , 4' r MY CQMM! ON fXy1R~ A;~•! - ~`,L CLERKCIRCUtTCOU K~Dtt) r t>iaiF ?IRU r , .f NERD: . ~ ::MlG~i}ti*.'w f 'fi'x RECQRD VEP.tFtED ~ y,;Y-T.~_;,~ r Y. ~a 454~?32 James C. Carets 17iis I,tunuratt prcparr~! by: This instrument was prepared by: First American Title Company nrlr/rt~t St Lucie County. tnc 8~~~ P 0 Rox 3719 Ft. Pierce. Florida 33450