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HomeMy WebLinkAbout0104 t 1 7 z i } and shall irerJorm, comply with and abide by each and PrPry the agreements, stipulations, conditions and r covenants thereof, and of this mortgage, then this mwttta~e and 1hP estate hereby created, shall cease, de, te?mfuP and he null an(1 void. ~ j~ Iind the morfpa(ior hereby further covennnts and agrees to pay promptly urhen due lFte principal and I interest and olht>r sums of money provided (o? in said Hole and this mortgage, or either: to pay nll and t singular the Ia.tiPS, assessments. levies, liabilities, obligations, and encumbrances of every nature on said pro- perly: to permit, commit or st+jlPr no u•asfe• impairment or deterioration of said land or the improvements thereon nl any lime: to keep IhP buildings Hour or herY>a/tee on said land fully insured in n sum of not less than $20,000.00 in fire and windstorm insurance in a company or companies acrrptable to the mortgapee, the policy or policies to 6e held by, and payable In: said mortgaaPe. and in the event any sum of money becomes payable by virtue o) such insurance the ? morlr?r+,q~P shall hnt•P the right to receive and apply the same to the indebtedness hereby secured, accouniing Io the mortgagor (or an\ surplus: to pay all costs, charges, and expenses, including lawyer"s fees and title ' i searches. reasonably incurrer~ or paid by the mortgagee because of the /allure of the mortgagor to promptly and (ally comply tirith the agreements, stipulations, conditions and cotenants of said note and This mortgage, or either: to perform, comply urith and abide 6y Bitch and Peery the agreements. stipulations, conditions and covenants set forth in said Hole and This mortgage or either. Fn the event the mortgagor (ails fo pay when due any tar, assessment. insurance premium or other sum o) money payable by virh+e of said note and this mortgage. or Pifher• the mortgagee may pay the same, evilhoul waiving or affecting the option fo foreclose I or any other ri~tht hereunder, and all such payments shnll bear interest from date thereof at the highest law- (ul rate flu>n alluu•ed by the tau>s of the ~fatP o/ F=lorida. :E~ ! any sum of money herein re(PrrPrl ro bP not promptly paid within 3o days next offer 1 the same l+P('OmP3 due, or if Pach and Peery the agreements. stipulations. conditions and covenants of said note and this mortpacte. or either. are not (ally performed, complied with and abided by, then the entire sum menfiortPd in said note, and this mortgage. or the entire balance unpaid thereon. shall forthwith or thereafter. at the option of the mortgac~PP. become and he due and payable. anything in sntd note or herein ~ fo the r•onfrnry nohaithstanding. Failure by the mortgagee to exercise any of the rights or options herein pmvided shell not constitute a waiver of anv ?i~thts or options under said note or this morlgngP accrued or fhvrea(fer accn+inp. l i ~n witness thereof, the said mortgngor has hPrPtlntO signed Ond Sealed thPSP presents the i rlav antl year (first above u•rilfPn. ~ I fi Signed, steal nd deliver •rl i? senct> of : ! r ! " ` _ - ! t~ ~ ` ~ 4 ' - S I STATE OF FLORIDA, COi'~TY OF St . Lucie + 1 ~ I HEREBY CERTIFI' that on this day, before mt, an ~ , I o(ficrr duly authori?rd in the Stah• afurrsaid and in the County aforesaid to take acknowled¢mrnts, personally appeared Evans E. Carthon, a single adult. ~ ' to m+~ known tr. hr the 1>,~rsun descrit~t•d in and who rarcuted the torrgoin~ insuunvnt and he acknowledged ~ 1K•fore me that he rxrcutcd the same. 1~'I"h~F.SS my hand and official seal in the CounR and State Ltst afurrsaid this la.~y ,day,>of i~ October n 19 79 :i f, ~ . Cy . ti !~Eb c hj. ~ - ; . Nobry? wrMie Sao d ~t~ tit i~* , ~ ~ SCLIJCIE C~':: 'iT f.,~ ~ MY Optieitwipp 6~NM~/f. ` ~I P.aG~R t':~IT fi~.~ 3 ~~6356~ i ' %%e~ 1~e+7ma~rir/ err rrrrri/ /r - f f ~ F.A. Harris ~ j .1~G/rr ~r X10 Orange Avenue Ft. Pierce, F1. 3350 !ik