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HomeMy WebLinkAbout2462 r - _ _ - _ - - 1, y s* i - - and shall perform. comply with and abide by .ach and every the agreemenb, stipubtioris, oondlt~ats and ooue~tants ehen% aid ~J this mortgage, then this mortgage and the e:tnte herby crated, shall cease. de- ' te?mtne and 6' null .and void. . the mortgagor hereby. further eovertonts and agne+ to pay promptly when dw-the prtnctpa! and Inters! and other sum: of money provided for in said note and this mortgage. or either: to pay all and singular the taxes. assessments. levies, itabillties, obligations, and ertcurrtbrances of every aaton on said pro- - party: to permit, rnmmtt or suffer no waste, irttpotirrnertt or deferiorotion of said land or the tmprowments - ther+son at ony time; to peep the liuildtngs now or herett/tar on said land f uUy insured in a sum of not l~s than highest insurable value in a compony or companies acceptable to the 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 bf -such trtsuronce the mortgagee shall have the right to recetw and apply the some to the Indebtedness hereby second, aooounttrtg = to the mortgagor for any swphts: to pay all owls. charges. and expenses. Including lawyKi fea 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 thti mortgage. or either: to perform, comply with and abide by each and eoery the agr+semertts, stipulations, aondtttons and covenants set forth to said note and this mortgage or either. lri the event the mortgagor /ails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue oJ-said-Hate and thui _ mortgage. or either, tlv; mortgages may pay the same. without uroiving or affecting-the option to joreclwe _ - - or any other right hereunder, and all such payments shall bear interest from date thereof at -the hlghv_st law- /uI rate then allowed by the laws of the State of 1~lorida. - _any sum of money herein referred to 6e not promptly paid within fifteen _ ~,ys~~~ aJeer - _ the same becomes due, or if each and every the agreements. stipulafiorts, conditions std covenanb of said note and this mortgage, or either, are not JuUy perjonrted, complied -.with and abided by, then the entire sum mentioned in said note. and this mortgage, or the entire balartos unpaid thereon. shall .forthwith or thereajte' a! the option of .the mortgagee. became and 6e due and payable, anything in said note or herein to the contretry notwithstanding. Failure by the. mortgages to exerdse any of 'the rtgha a options _herdrt provided shall not constihde a waiver of any .rights or options under said note w this mortgage accrued or thereafter accruing. ~n ~~L_s the said mortgagor has hereunto signed and sealed these presents the day and year first above u~rttten. Sign- e~sea and~~livered ~n a prase a J. t ~ _ In - _ WILLIAM C. HANKER DENISE HANKER STATE OF FLORIDA, COUNTY OF ST.LUCIE - I HEREBY CERTIFY that on this day, before me, sot officer duly authorized in the State aforesaid and in the County aforesaid to takr acknowledgments, personally appeared .WILLIAM C. HANKER and DENISE•HANNER, his wife to me known to be the person$ described in and who executed the toresoing instrument sad they acknowledged before me that they executed the same. _ - WI'I'NESS my hand and official seal in the County and State last aforesaid this 26th day of September A. D. 19 79. " Not. .p.. ~ Nt,1lAR~ ++11t~C SI,fE Ot i1,QRIDA AT l/1RCiE _ MY CpMMKS10N Ip~tIS ~i .1Z 1911 ~p tttRAt GEWt~AL tNS • tJtpE~tNR1~S _ i c'~ ~:u ~ YY ~;~a _ ~ ~ ~~,..sa ; Z j~~~~.; ~wti k_ JOHN EDGAR SHERRARD _ • ~ , , O , _ Th~~ huirrmrrn~ papered by: - ~ ~ti'd ~ • Attcrosy At Law f;,•.~t =:::r S~`' , Ad~lirJS 203 S. Indian River Drive - = P. O.3ox 4332 BO~JK 31 ~ PAcf? -~yQ ~ t, r_s os..M..., Cln.i~'_;~50 ~Vt7 .