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HomeMy WebLinkAbout0357 - .at, and shall perform, rnmply with and abide by each and every the agreemenb, stipulations, conditions and covenants ihareoj, and of this mortgage. then this mortgage and the estate- hsroby created, shall cease, de- tenreine and be null and void. the mortgagor Newby further covenants and agrees to pay promptly .when due the principal and interest 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 encumbrances of every nature on said pr+o- perty; to permit, co?nmif or auf f er na waste, impairment or deterioration of said lditd or the improvements ~ . thereon at any time; to keep the buildings now or hereafter on said land fully insured in o sum oj. not less ' than in acompany or companies acceptable to flee mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply flee same to the indebtedness hereby secured, accounting to the mortgagor for any surplus: to pay all costs. charges, and expenses. Including lauryer's fees and title searches, reasonably incurred or paid by the- mortgagee because of .the failure of the mortgagor to promptly and fully comply with the agreements, stipulations. conditions and covenants of said note and this mortgage, or either; to perform, rnmply with and abide by each and every tha agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. lst the event-the mortgagor fait to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note. and this _ mortgage. or eitfeer. the mortgages may pay the same, without waiving or of jetting the opttorr to foreclose or any other right hereunder, and all such. payments shall bear •interest from date ther+eoj at the highest bw- • jut rate then allowed by the laws of the -State of Florida. ' ~l any sum of money- herein rej~ned to 6e not promptly paid within thirty days next after the same becomes due, or ij each and every the agreements. stipulations, conditions and covenants of said note and this mortgage, or either, are not jolly performed, complied with aad abided by, then the entire sum mentioned in said note, and this mortgage, ar the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee. become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failwe ~by the mortgagee to exercise any of flee 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. - 7n ~lu![SS ~~~f a the said mortgagor has hereunto- signed and sealed these- presents the - _ day and year first aboue written. _ Signed. sea and d 'vexed i e presrnce of : ~ - ackson P. Wigl y, r ~ - STATE OF FLORIDA, COUNTY of ST . LUCIE - I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Stag aforesaid and in the County aforesaid to take acknowledgments, personally appeared JACKSON P. WIGLEY, JR. _ to me known to be the person described in and who executed the foregoing instrument and YIe acknowkdaed befom me that he executed the same. _ - WITNESS my hand and o[ficial seal in the County and State last-aforesaid thu .,la~h_ ~ day of S ept elnber , A. D. 19 7 9 _ U r. • • a • l i - . r~ • Ali t ~r ? ~ a ~6 No ry Pu~~ic = ~ ~f~Fi~¢~,~a 1919 SEP 24 ~1 at Large . • ~ • - ff t.Ep ANp e£cotw~u My Colmniss ion Exp3z~ttia~ S~ lUC1E Ct~jY•FLA. CLERK RC~Y C A57 ~pqp VERtFIEI:-'q~~~~""'-- ~.;j:"'It/5 - ~~ox317 P~ 357