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HomeMy WebLinkAbout1365 , -.i. and shall perform, comply with and abide by each nrtd every the agreements, stipulation's, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and twirl. _ - - n~eu f6P mortgagor tterrby further covenants and agrees to pay prompiiy when due ilia piiri~i~l u?.d interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the fares, assessments, levies, liabilities, o6ligafiorts, and encumbrances of every nature on said pro- perty; to permit, commit or suffer no urasfe, impnirmen! or deterioration of said land or the improvements t fherecrt at anv time: fo ItPPD the buildings rtou) or herPaf ter on said land fully insturd in a sum of not less ~ than the amount of this mortgage in n company or companies ac('Ppfable !o the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event a?ty 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 secured, accounting to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and tills searches, reasonably incurred or paid by the mortgagee becntue of the failure of the mortgagor to promptly - and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; fo perform, comply u~itlt and abide by each and every the agreements, stipulations, conditions and t covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tar, assessment, insumncP premium or other sum of money payable by virtue of said note and this mortgage. or eiflter, flte mortgagee may pay the same, without waiving or affecting the option to foreclose , or any other right hernunder, and all such payments shall bear interest from date thereof at the highest law- Ju! rate then allowed by the laws of the Staff of Florida. ~l any sum of money I~Prein referred to bP not promptly paid within -fifteen days next after the same becomes due, or iJ each and every the agreements, stipulations, conditions and covenants of said ; note and this mortgage, or Pilher, are not fully performed, complied with and abided by, then the entire t sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option aJ the mortgagee, become and be due and payable, anything in said note or herein to the contrary notu~ifhstartding. T'ailt?re 1)y the mortgagee fo exercise any of the rights or options herein provided shall not constifufP awaiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~tttleSS thereof, the said mortgagor bas hereunto signed and SPO1Pd these presents the day and year first abor(~ a*rilfen. Signed sled and delivered in fhP presence of : , ' - f-' -ll~-.--.----- --tom Joseph Hammer . ~~,e I - _ _ - - . - _ _ .Shine E. Hammer STATE OF FLORIDA, i coL~TY c)F ST. LUCIE i I HEREBY CERTIFY that on this day, before me, an officer dui}- authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appearrd j JOSEPH HAMMER and JOSEPHINE E. HAMMER, his wife 7F to mr known to he the p!vsos6 described in and who eaecated the foregoing instrument and they acknowledged heforr me that they executed the same. 1~ 17'~F.SS rn}• hand and official seal in th!• County and State last aforesaid this 'vI~ day of October n I9 79. ~ - ' - N tary Public 8~/8~ .t ! g ~ - ~ f)~~ - I i, - TITLE T\OT E;CAMIh.C _ ::;:,`ti /lilt I!!S/J7N//['A/ /lrffl?~r?•rl l)y: i~.i-:.., ~ r.ARD ~k a~,oK 319 ~~E 1362 ~1(/r/rr_cs - ~ ;;v^.r Drive O. Eox 4332