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HomeMy WebLinkAbout2310 and shall pe?jorn+, comply with at1d abide by each and every the agr+aements, stipulations. cortdlttons and covenants thereof, and of this mortgage, then this mortgage and the estate hereby-csated, shalt cease. de- termine artd 6e null and ~otd. _ the mortgagor hereby f uNher c~otsenants and agrees to pay promptly when due lla~ principal and interest and other sums of money provided for in said note and this mortgage, or either: to pay all and _ singular the taxes, assessments. levies, liabilities. obligations, and encumbrances of ewry nature on sold pro- perty:._to permit, commit or suffer no waste, impairment or deterio?ntion of said land or -the improvements thereon at any lime: to beep the 6uddings now or hereafter on said land fully insured in a sum of not leu ehan $28,000.00 in fire and windstorm nsurance in a company or rnmpantes acceptable to the mortgagee. the po~tey or policies to be held by. and payable to. said mortgagee. and in the event any stun of money becomes payable 6y virtue of such insurance the mortgages shall haw the right to receive and apply the same to the indebtedness hereby se+-tired, accounting to the mortgagor for any auiplua: fo pay all eostt. charges. and expenses. including lawyer i fees and title searches. reasonably lnc~erred~or paid by the mortgagee because of the failure of _the mortgagor to promptly - and jolly comply with the agreements, stipulations. conditions and eownants of avid note and tha 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 fails to pay when due any tax, assessment, fnstsrance premium or other sum of money payable 6y virtue of Bald-note. and this mortgage. or either. the mortgagee may pay the snore, without waiving or ajf acting the option to f orctaoss or nny other right hereunder, and all such payments shall bear interest from data !he?eof nt the highest Iaw- jul rate then allowed by the Iowa of the Slate of Florida. , any sum of money herein referred fo be not promptly paid within 30 - days next after _ the snnie becomes due,.or if each and every the agreements, stipulations, conditions and rnwnants of acid note and this mortgage, or either, are not jolly performed. complied with,~and abided by, then the entire- sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jorthwttk or thereafter. at the option of the mortgagee. become and bs due and payable, anything in snid note or herein to the-contrary notwithstanding. Failure 6y the mortgagee to exercise nny of thg rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or ~ - thereajter accruing. ~Il ~~tlttSS ~IteCEO~, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. ' Signed, sealed n delivered in the presence oj: ,d.--------..-. 1~- - - _ - f _ - - - STATE OF FLORIDA, coutvTY of St . Lucie - I HEREBY CERTIFY that on this day. be[ore me, as officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, persomlly appeared Connie L. King and Gwendolyn King, him wife- ~ _ to me known to be the persons described in and who executed the foregoing instrument and they acknowledged _ before me that they executed the same. WITNESS my hand and official` seal in the County and State last aforesaid this 2~'~, day ~ September A. D. 19 79 - ~ ~ 1919 OCf -3 ~ ~1~ 54 Pay, ~:~t, or tl.,ide a tern. Mr Goa~sioa ixpir++s lsw. ~ 1trM FILED AtiD iZECUKDED EO"'f~ ~ 'V"~^~ ~ ~ ~swoM! fq, _ s. . fl - CIEftGK iRC017P•AS ~ " _ ~ . • ~ A.i ~ f ~1~.. ter: CO?0 ~`cRIFlEO~~ rJ',' y. . v - 4411168 . - . a. ; . ~ r j re4 4 ~,~Y. Fits Lu~rrnncnl prrprrreA by: F. A. Harris ~,f.~•~,;*~c 410 Orange Avenue _ '%,,~D Fort Pierce, Fl. 33450