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HomeMy WebLinkAbout1608 and shall perform, comply with and abide 6y each and every the agreements, stipubtioni. conditions and covenants thereof, and of this- mortgage, then this mortgage and the estate hereby cTeafsd, shall cease, de- termine and be null and void. - ~ild the mortgagor hereby further covenants and agrees to pay promptly when dw the pNnctpnl and - _ interest and other sums of money provided for to said Hole and thin mortgage. or either: to pay all and singular the taxes, assessmenf~, levies, liabilities. obligations, and encumbr+ancss of every nature on said pro- petty; to permit. commit or suffer no wwfe, impairment or detedoraflon of said land or the tmprowmeMs lherecn at any lime: to Seep the buildings now or henPajter on said land fully tnstu+ed to a sum of not less than N/A in a rnmpnny or rnmpanies acceptable to the mwtgngee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any stun of money becomes payable by virtue of such truuronce the mortgagee shall have the right to rrceive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for arty surplus; to pay all cost:. cjtorges, and expenses. including lawysr i Jess and title searches, reasonably incurred or paid by the mortgagee because of the jnilune of the mortgagor to promptly and fully comply with the agreements. sttpulattona, rnnditioru and cetlenanfs of said note and this mortgage. or either; to perform, comply with a?.d abide b. each and every the agreement. stipulations. conditions and ' covenants set jort{i to said note and this mortgage ar either. /n the event the mortgagor jai4 to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note a?t~ this mortgage, or either. the nortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder: and all such payments shall bear interest from date therro/ nt the highest law- f ul rote then allowed by the laws of the Stale of Florida. - ~l any sum of money herein referred to be not promptly paid within 3 _ 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 and abided by, flten the entire , sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon. shall forthwith or thereat ter, at the option of the mortgagee, 6ernme and be due and payable, anything in said note or herein , to the conlrYtry` notwithstanding. Failure 6y the mortgagee to exercise any of the right= or options herein proni~led shall not cortstittrte a u/aiver of any rights or options under said note or this mortgage accrued ar iherrajt~r accruing. - ~n ~ht~of, the said mortgagor Inns herrumto signed and sealed these presents the day and year (first al,or+e a+rift~n. f Signed, sealed and delinere•d in the presence of : - LO S 0. LEAZEN - jf - { P Y YA A. - ~.EAZENB- f t STATE OF FLORIDA, COUNTY OF St. Lucie - - I HEREBY CERTIFY that oa this day be[ore rne, as offirer duly authorized in the Statc aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~ + _ LOUIS (3~ LEAZENBEE ~ PATRICIA A. LEAZENBEE, his wife ' 4 to me known to be the person described in and who executed the foregoing instrument sad acknowkdRed hefom me that c~cecuted the same. NI1'NESS my hand and official seal in the County and State last aforesaid this p~ ~ day of A. D. 1979. - t ~ • ~i•• IY/ e, ~ . ~ f1,~'%, NOTARY PUBLIC zt "'p f919 SEP 28 Pi~, ~ .5 ~ COMMISSION EXPIRES: ~ ~ S ~ =~j. NOTARY PUBEtC-STATE Of flOP~9A AT UlR3tR j :'t - i4JiD RECUkUEt~ 3>Gi~CiE COYNTY.FI A. MY COMMtISS10:1 EXPIRES JULY 2l, 1980 O - ~pG£ftf'OlTRA5 ` qty, pflRiCIRCUIT CO~'~T - I , I7irs hulnr» tt~d p>rpard by: LINDA SANDERSON ~ Aclcfifts CHELSEA TITLE ~ GUARANTY COMPANY 8000 S. U. S. 1, Port St. Lucie, FL. 33452 80~3~, P~~~