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HomeMy WebLinkAbout1015 f ~ - I . - 3 and shall perform, comply with and abide by each and euerv the ag?~e~ments, atipulatiorts, conditions anti covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- f termine and be null and void. the mortgagor hereby further covenants and ngrees to pay promptly when due the principal and interest and other auras of money provided jo? in snid note and this mortgago, or either; to pay all and singular the tuxes, assessments, levies, liabilities, obligations, and encumbror?c.•s uj suety nature on said pro- perty: to permit, commit or su(jer no waste, impairment or deterioration of snid Land or Ilse improvements thereon at any time: fo keep the buildings now or hereafter on said Land fully insured in a sum of not Less than in a company or companies acceptable to the mortgagee, the policy or polictps to be held by, and payable to, snid mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby speared, accounting to the mortgagor for any surplus: fo pay all rnsts, charges, and expenses, including lawyer s fees and title searches, reaso,rably incurred or paid by the mortgagee because of the Jnilure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either: to perform, comply with and abide by each artd Avery the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to Any when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this 1 mortgage, or either, the mortgagee mny Any the same, without u?aiuing or affecting the option to foreclose ~ or any other right hereunder, and aII such payments shall bear interest tram dale thereof at the highest lau7- ' jtrl rate then allowed by the Iau7s of the State of Florida- ~L any sum of money herein referred to be not promptly paid within thirty ~30~ays next after the same becomes dap, or if each and every the agreements, stipulations, conditions and covenants of said ~ note and this mortgage, or either, are not fully per armed. complied urith and abided 6y, then the entire f sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in snid note or herein to fhP contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein ~ provided shall not constitute a waiver of any rights or options under said note or this mortgage accreted or f thprpajlPr nCCfuirtg. V. I; jl ' i e' EC 1('0RP0R:ITF ~n ~~tneSS whereof the mortgagor has caused these presents to i ~FAL? by executed in its name, and its corpornfe seal to be hereunto affixed, by its proper of f leers thereunto duly authorized, the day and year first above written. ~irr~~T:.__ - - _ - _ - w-,. - .-COMPANY---------- - t+ ~rrrrlary iy Signed, sealed and,delivPred in the prnsPnce of i. 7~ ~ ~ ~ ~ ~ e n e C . Drumm t~rr.~-nt tt ~L[itQ Of Florida j ~oUnty Of S t, L u c i e t Ht:RFRI' ('f:RTfl'1- J:,,l ftii..tny. tw(nrr mr. „n nJ(i~rr .luly uultwr:vd in l6. ~lalr ..nd ('a,nly ra?orrwiJ ro m4r artmo..-trda. ~i rrw•nf s, f„ rsonully npprwrd Gene C. Drumm l ~ ~ n~rii ~nou•n fn mr (u tw Ihr 17rr sidrnt and rr slwrtirrty o~ lhr rorfxrafiare rwmr,t nt ` I InINlyW7~N in l~v jwr~µ,:ny inaln,rru•nf, and tl~al 1l~ry >N•nrutty n,-i:nnu~rdywt rut uliny flrr :nmr- in stir prrxn~r r>/ luo suhxnlN ng utilrwawa. j; (rw•ty and roiunturiiy uruf.•r ntrllHNiry duty rvatwt in t~,rm fry swd rnr(~,ruL,rn ant ljiut l~rr frni n~tiard lhrrrto is tt~r trw corporab stns atiid rurtfrorn(~linn. y~/}/~y \~7~1 `~f:~~ rnV ~nr1d QAd .!(I7l'1~ N~ In flk ~ W~nty <1r11! CfOlr t~l St 0'/Kf~ 1~,5 ~ , ~IUV O~ October i ~j f)..r, 7g I~ 464191 ,7.. , _ ST.IL~rt• ec+,;V. r.i. r ~ ~7oi~ R, - - 'RQ6cR i'UITn.t - - Jyfy"d' State of Forda at lr•--~ I '1:LE!?1i C;f:CUtT rl:"R' ~ rG._ ~-~-~~ion E-~::res Feb•4ary I : .i ~~,.r~;itutr lr;~ynatd f3oodi~8 Aycncy 1 %is I»si,Ta»c»i p,rporfd by: Wayne U . Sines , d r . - ; , ' , ~ • - Affit'rru P .0 . Box 893 Ft . Pierce, Florida 33450 BJJK~~t7 P~GE~,013