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HomeMy WebLinkAbout2685 and shall perform, rnmply u?ifh and abide by each sand every' the agreements, stipulation's, conditions and covenants thereof. and o/ this mortgage, then this mortgage and the estate hereby created, shall tense, de- termine and be null and void. Ti1Nl ihp mortgagor hen+by further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for to aaid note and this mortgage, or either: to pay all and singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty; to permit, commit or str(fer no waste, Impairment or deferioratton of said la?td or the improvement Iherrcn al arty time; to ~PPp the buildings now or herrajfer on said land fully insured in a sum of not leu than not les~~n ~~$50,000.-00 in a company or companies acceptable fo !ho mortgagee, the policy or policies to 6e held 6y, and payable to, aaid mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any strrpltrs; to pay all costs, charges, and expenses, including ~ lawyer's fees and title searches. reaso?ta61y incurred or paid 6y the mortgagee because of the failure of the mortgagor to prot~etptly 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 to pay when due any lax, assessment, insurance premium or other sum of money payable 6y virtue of said Hole and tht mortgage, or either, the mortgagee may pay the same, without waiving or of jetting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest low- ful mte then allotted by the laws of the State of Florida. ~l any sum of money herein referred to be not promptly paid within 30 days next otter the same becomes due, or i f each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not jolly performed, rnmplied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid fheneon, 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 nolwifhstanding. Failure by the mortgagee to exercise any of the rights or options Iter+ein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~It ~lttttSS whereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. THISI~ A IRON MORTGAGE AND THE FINAL PAYMENT OR TAE BALANCE DUE UPON MATURITY IS $.~Y ~ .33, TOGETHER WITH ACCRUED INTEREST, AND Signed, sealed and deliverer in the presence of : ADVANCEMENTS MADE BY TAE MORTGAGEE UNDER THE F THIS MORTGAGE. . J-, . WI TT ROSLYN R. LLE I STATE OF FLt)RIDA, Cc)UtiTY c)F St. Lucie I HEREBY CERTIFY that on this day, before ttx, an ofiicrr duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared R. E. WILLETT and ROSLYN R. WILLETT, his wife, to me known to br the persons describrd in and who exrcuted the torrgoinq instrument and they acknowkd~ed Ixiorr me that they exrcuted the same. 1TNESS my hand and official seal in the County and State last aforesaid this 31st ~ ~ day-uf • _ 5 August A. D. 19 79. _ . ~ ~ • • ' NoT .L - x.. -6 f ~ 2~ 32 - _ 1919 $~P Rotan? Ptr6la, State o1 - , - - FILEO Ai_COP.ri U I~? Ctxttmission Expees ~ : : . ST.Ll1Clf CGUNTY.FIA. f~e.a b rr. a a,~w, c,. ROGER POITRAS ~ Q.~ ~ ~ CI.fRK CkRCt11T CC~~~' .x;~•_~ is;..~r+~°' 45`7448 T/iis Inslrn„r~ni prcprtx'J hy: ~ Teresa Pauley ~I ddnu wuisfll~w ttt~fttrt~~,M,~ t±R ~~5 PAGE ~V 1 ~7 8O:1K ~