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HomeMy WebLinkAbout0708 e'.i - and shall perform, comply with and abide by each and et+e?y the agreements, ttipulatioris. conditions a?td eo?+enanfs thereof, and of this mortgage. then this mortgage and the estate hereby created. shall esgas, de- - termfne and be null and void. - the mortgagor ften+Gy jttrther covertanis and agrees to pay promptly when dtis the principal and interest and other sums of money provided for to said note and this .mortgage, or either; to pay all and - singular the faxes, assessments, levies, liabilities, obligations, and enctun6t+artces of every natt?re on said pt+~- perfy: fo permit, commit or st?ffer no waste. impairment or deterioration of said land or the improvements fhereCR at a??y time: to beep the bt?fldings now or hereafter on said land fully insured in a sum of not less than - ` in a company or companies acceptable to the mortgagee. the policy or policies to be held 6y, and payable to, said mortgagee, and in the event arty sum of money bernmes .payable by virtue of such insurance the mortgagee shall hate the right to receive and apply the same to the indebtedness here. 6y secured. accounting !o the mortgagor for any surph?s: fo pay all costs. charges, and expenses. including lau?yer+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 artd covenants of said note and this mortgage. or either; to perform, rnmply with and abide by each and every the agreements. stipulations, conditions and covenants set forth in acid note and this mortgage or either. In the event the mortgagor jails to pay- when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage. or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose ' or any Other right heret?nder, and alI such payments shall bear interest from dale thereof at the highest law- (ttI mte then allotued by the lotus of the State of Florida.. any sum of money herein referred to 6e not promptly paid within 30 days next after the same becomes due, or if 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 6y. then the entire sum mentioned in said note. and this mortgage, or the entire balance unpaid lheneon, shall forthwith or thereafter, at the option of the mortgagee. become and be clue and payable, anyf~ing in said-rwte or herein to the contrary notu?ithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein _ provided shall not rnnsfiftrte a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ' ~n fitness whereof, the id mortgagor has hereunto signed and staled these presents the _ day and year first above a+ritfen. ~ Signed, seal 'and deli~te tn. th ' ~ esence of : _ - - ~ ~ = _ r ~ • Larry - H pr~e,~d,~o - - - - - 1 ~ 'li'Ieen I+I. Heiindon - I STATE OF FLORIDA, - ~ _ COL h'TY OF _ ST. LUCIE I HEREBY CERTIFY that on this day. before me, an officer du{y authorized in the State a[oresaid and in the County aforesaid to take acknowledgments, personally appeared LARRY L.-HERNDON and EILEEN M. HERNDON, his_.wife, to me known to be the person g described in and who executed the [eregoinq instrument and they acknowted~ed imfom me than they executed the same. 't7 i1TESS my hand and official seat in the County and State last aforesaid this ~G ~w ~daY A. H.-{9 ~9 ` _ l . ~ State of Florida at Large / ~ L~~b(Y+~36 My Commission Expires: 7 -t3 . _ = ~ ` 1979 Sl:P 25 ~l= 30 - = ~:~'r. FIlEOAN[;kCGstl~tJ ,,u 1~;,`' ST.LtiC1ECLt;yTY.fL::. - ~ ROGER PQITRAS CLERK CIRC!?{T Ct~l7tt~l jtECOkO rERIFiCG1yL~~"="'r ' Tots Itutmi~f~8'~'~. b~OLDMAN Adi/itxs Attorney at Lew CjI eli~~ 8028 S. Federal Highway $(~i Q~CE