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HomeMy WebLinkAbout2134 • --T _ - and shall perform, comply with and abide by each and et?ery the og?eementr, rtipubttoris, conditions and covenants theeof, and of this mortgage, then this mortgage and !hs estate hereby created, shall cease, d~- termine and be null and void. the mortgagor hew6y f tufher covenants and agrees. to pay promptly when dw fhs principal and interest and other sums of money provided for in said note and Ihir mortgage. or either; to pay all and Angular the faxes. assessments, levies, Itabilitier, obligatioru, and enctunbroncer of every nattue on raid pro- perty; to permit, rnmmtf or suffer no tuasfe, impairment or deterioration of :aid bnd or the improvements therecn at arty time; to beep the buiGltngs now or hereafter on raid bred fully insured in a sum of not lest than to a company or companies acceptable fo the mortgagee, the policy or polfder to 6e held 6y, and payable fo, said mortgagee, and in the event any stun of money becomes payable by virtue of stub insurance the mortgagee shall have the right to recetue and apply the. same to the inde6tedneu hereby :ecur+ed, aceottnting to the mortgagor for any surpltur: to pay alI costs. charges, and expenses, including bwyer i fees and ttlb searches, reasonably Inctured or paid 6y the mortgagee because of the failttre of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants o/ said note and tht, mortgage, or either: to perform, comply with and abide 6y each and every the agreements. rfipubtionr. conditions and rnvenants set forth in said note and this mortgage or either. In the event the mortgagor fatly to pay when due any tax, assessment, tnsuM?tce premium or other sum' o/ money payable by virtue of said note and this mortgage. or either, the mortgagee may pay the same, without waiving or of fecttng the option fo foreclose or any other right hereunder, and all -such payments shall bear interest from date thereof at the highest bw- f ul rote then allowed by the laws o/ the State o/ Florida. ~l any sum of money herein referred to be not promptly paid within 30 days next after the same bernmes due, or t/ each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed. complied with and abided by, then the entire sum ntenftoned in said note, and this mortgage, or the entire babnee unpaid thereon. shall forthwith or theses/tee, at the option of the mortgagee, become and be due and payable, anything to said note or herein to the contrary notwithstanding. Failure by the mortgagee to Premise any of the rights or options herein provided shall not constiftlte a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. I ~Il ~td1tSS ~here0f, the. said mortgagor has hereunto signed and sealed these presents the i .day and year first above written. Signed. sealed and deliver in [he presence, of c S VID G ETT _ tELA GARRETT~ I Y STATE OF FLORIDA. covNTV of ST.LUCIE I HEREBY CERTIFY that on this. day, before me, an officer duly authorized in the State aforeuid and in the County aforesaid to take acknowledgments, personally appeared S. DAVID GARRETT and LELA GARRETT, his wife, to me known to be the person $ described in and who executed the foregoing instrument and they acknowledged before me that they executed the same. ,y WITNESS my hand ar?d official seal in the County and Sute last aforesaid this day o[ i August A. D. 1979, j~~! ,31 sr --...---......rig,..:s.. ~ ~.~~f6c,.: 45i:i243 ~ . r 4• - ~q?9 AU6 16~ PII 1~ 34 ff~~~`, pp~~pp~~ i ST LtO1ClEf~COUNTY.ft.A. P0ITRAS I7it's I~ulru tt1~1~ CIACUiTcCOURT c ` AfCDe t~EM~oNT•PRE` p p eY SODK~~~ P'AGC`~~ } CHARLES R. P. BROWN I i t•. O. DOX 141e 301 S. btw ST. ?ORT PIERCE. FLORIDA 33460 ~ { }