Loading...
HomeMy WebLinkAbout2651 4. - V and shall pt??jotm, comply with and abide by each and every the agreements, stipulations, conditions and rnnenants thereof, and of this mortgage. then this mortgoge and the estate hereby created, shall cease, de- Iermine and be null and, ut?i¢:t~ , - 't -i the mortgagor hereby further rnvenants and agrees to pay promptly when due the prtnctpnl and interest and other sums of money provided for in said note and this mortgage, or either; to pry all and singular the faxes, assessments, levies, Iinbililies, obligations, and encumbrances of every Wotan on snid pro- perly: to permit, commfl or suffer no waste, impairment or deterioration of said land or the improvements thereon at any time; to beep the buildings now or herwtfter on said land fully insured to a sum of not less than ~i5,000.°°in fire and wind storm insurance. in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of ouch insurance the mortgagee shall have the right to receive and apply the same to the indebtedness herby secured. aecotuttir?g to the mortgagor jar any surplus: to pay all costs, charges. and expenses, including lawyers jeer and title searches. reasonably incurred or paid by the mortgagee because of the jailun of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails fo pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either. the mortgagee may pry the same, without waiving or of jetting the option to foreclose or any other right hereunder, and alI such paymenb shall bear interest from date thereof at the highest law- - fuI rate then allowed by the laws of the Slate of Florida. any sum of money herein reFemed to 6e no! promptly paid within 3Q days next after the same becomes due, or if each and every the agreements, stipulations, rnnditions and rnvenants of said note and this mortgage, or either, are not fully performed, complied with .•and abided by, then the entire sum mentioned in said note, and this morfgnge, or the entire balance unpaid thereon, shall forthwith or thereafter. at the option of the mortgagee, 6ernme and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n witness ~hereofr the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, sealed and delivered in the presence oj: -------------f~ f I E ` E STATE OF FLORIDA, c cou:vTY of Saint Lucie ~ I HEREBY CERTIFY that on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared xosa bee Mack, single adult to me• known to be the person described in and who ezccuted the foregoing instrument and She dt~nowtedtted before me that She executed- the same. ~ ~ . ~ • -tl • ~ •.•.2113~~ WIT:`ESS m}• hand and official seal in the County and State last aforesaid this ~ Septelhber' A. D. f9 79 'i : ~~h 6ny ~ - • ~ • l9 kECOdUEO Notary PUblk. Florida. ILEO AND t~l.flA. M Commission ExGires F~~s:~h~r'' ` S RO6~R PAZ COUSRj f'^nded thru Jed~a Inwr^..nt:- -s~Y q,EAK CliiClll 45'7420 F.A.Harris 410 Orange Ave . I%is Inurrim~»I prrpi~r~it' ly: gort Pierce, Fla. c~ c~ ;1,/,/~ ~ BOCK J1~ PAGE ~V~S