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HomeMy WebLinkAbout0422 : and shall perform, comply wish and abide 6y each and every the agreements, stipulation's, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- fermine and lie null and void. end the mortgagor hc>rt~by further covenants and agrees to pay promptly when due the principal and tntaroel ~ni{ ~I~nP a„rrt~ of mnnn~ fim~,irlnd fns iR v~ii~ Refp nn!~ I~ie ?np?~nnnn, of nif{te~.; fn j~p a{{ aR~ singular fht~ ta.ttes, assessnte?tis, levies, liabilities, obligations, and encumbrances of every nature on said pro- pe?fy; fo permit, commit or sttf ter no ttrasf~, impafrmertf or deterioration of said land or the improvements thPSrcn at any time; to kPt>p f{te buildings now or herPaff~r on said land /ally insured in a sum o/ not less than full insurable value. in a c•ompnrty or companies accc>pfaGle to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, anti in t{te even) any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting fo the mortgagor for any surplus; to pay a8 costs, charges, and expenses. including lawyer's fees and tills searches, reasonably incurred or paid by the mortgagee 6ecatue of the failure o/ the mortgagor to promptly and fully comply urilh the agrec>mertfs, stipulations, conditions and covenants of said note and this mortgage. or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note artd this mortgage or either. In the Event the mortgagor jails to pay when due any tax, assessmc>nf, insurance premium or other sum of money payable 6y virtue of said note and this nccrtgage, or either, the mortgagee may pay the same, tuifhouf waiving or affecting the option to foreclose , or any other right {teretcrtd~r, and all such paymentsrshall bear interest from date thereof at the highest law- ?nl rate t{IP?1 Allalve(I {)y the Ia 11>s Of the State Of I-IOrlda. ~L any stmt of monvV herein referred fo be not promptly paid within 15 days next after the same 6c>com<>s dun, or if each and very the agreements, stipulations. conditions and covenants of said note and f{tis mortga(tt>, 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 thereon, shall forthwith or thereafter, al fh~ option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary nohaifhstanding. 1=oilure by the mortgagee to exercise any of the rights or options. herein prof>idt>d shall not consfitutc> a waiver of any rights or options. under said note or this mortgage accrued or fherea(tt>r accruinn. ~n ~itneSS whereof, tltt> said mortgagar has Iterpttrtto signed and sealed these presents the day and yc>ar first abovc> a>ritten. Signc>d. scaled and drlic?>red in tltt> prrst>nc•e of r~ arL..Conibs_ . _ . ri~c. - - ' - ' - ' I . ' _ - - --tom _ - _ _ _ arol Combs ' ® - [ I - - . E i F ~ • STATE OF FLl )RID:\, C(x•~TY c)F ST. LUCIE t I HEREBY 4ERTIFY that on this day, before me, an i officer duly authorized in the Stair aforesaid and in the Gounh• afon•said to takr acknowledKmcnts, prs•wnally appeared EARL COMBS and CAROL COMBS, his wife ~ to me known to Ise th~• p~•rwn s described in and who er,ccutrd the (orcgo~nq instrument and Who acknowledged ,tfe~pr~• me that they cxci vied the same. ~ \ESS me hand and o(fi~-ial seal in thr (:ounty and Stat~• last aforesaid this day of ~ ~ _ ' - Not y Public - S ~f~ lo>~icTa= f _ ~ ~ 25 F~:. My Commission Expii~s~•.., ~ = ~ a ~ 'rILE^ ~>.f' t. Notary ~ubGc• State ~1~ ~gJ~.dd##~~~~~y1~•~~~\` ST.II~"it t.~:'tif r". My Coiaa~issiott Eipit~~l~'18~:19~1 r (,t,~fa~ Cili:. i •••~~i.. p~~ 1r ti'«iw rW 6 tNu4?i Ca.M ~ I r t ~ -63'7`7`7 } %is I~tsln~urr~i/ rr ~tn•r! TATS INSTRUMENT PREPARED eY! # P F Y Joseph J. DeRoss. Jr., Esq., G! i ,~~,/,/,?.~s Fce, Koblegard & Teel, P..A. P. o. Box iooo aa~x 3~.9 PkGE c.,.. t~...e n...:,i.. esRr.s