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HomeMy WebLinkAbout1814 - ~ 'and shall perform, ramply with and abide 6y each and etrery the agreements, stipulations, conditions and covenants thereof, n?td of this mortgage, flten this mortgage and the estate hereby created. shall cease, de- termine and be null and tJoid. Illn~ the mortgagor hen+by Jurfher cot•ertanfs and agrees to pay promptly when due the principal and i?rferesl and other sums of money provided for In said note and this mortgage, or either; to pay all and stngttlar the tA.tiP3, assessmer?fs, levies, linbilities, obligations, and encumbrances of every nature on said pro- erf to rermit, commit or su er no waste, im t P Y: t JJ pairment or deleriorofion of said land or fire improvements therrcn al any time; fo beep rite httildi?tgs Hour or hetraJter on said land fully insured in a sum of not less than not applicable i?t n con?pnny or companies acceptable to the mortgagee, the policy or policies to Ge held by, and payable to, said mortgagee, artd in the event any sum of money bernmes payable by virtue of such insurance fire mortgagee shalt have the ngitf to rt•reive weal uNNly :;+a sur:+c~ te) f~ic i :dc~:.d.^._^ss l:^r^b;• sr•.~,r?+rl: mm~rrrrling to the mortgagor Jor any surplus; to pay all costs, charges, and expenses, including lawyer's /ees and title searches. reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly ± and fully comply urith the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; fo perform, comply urith and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the etrent the mortgagor Jails to pay urhen due any tar, assessment, insurance premium or other sum of money payable by virtue of snid note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and nil such payments shall bear interest from date thereof at the highest law- f ul role I/ten alloured by the lours of the State of Florida. , ~L oily sum of money herein referred to be not promptly paid within 30 days next offer • the same becomes due, or if each and every the agreements, stipulations, rnrtditions and covenants of said note and this -mortyagc•, or either, are not fully performed, complied with and abided by, then the entire 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 said note or herein fo the contrary nohvifhsfanding. Failure by the moHgagee to exercise any of the rights or options herein provided shall not constitute a toairer of any rights or options under said note or this mortgage accrued or (hereafter accnrin~t. ~n ~etneSS ~heCeof, fire said mortgagor Itas lterecrrrto signed and sealed these presents the day and year first above tvriffen. ~n~pd, n~eal1ed and delir•ernd in the prnsenr+• o(: l / L'am' ~.7?-~.14~C~ - . _ - . - - - /'_-...W~~.'~'--- - ' ...._C~:~u~ . - + STATE OF FLORID:1, i Cc~L'~-rv c)F ST. LUCIE F HEREBY CERTIFY that on this day, before me, an officer dul.• authorired in the State aforesaid and in the County aforesaid to takr acknowledKments, personally appeared j JACK L . WEBB to me known to lk• the person described in and who executed the tore¢oinq instrument and he acknowledged II lx•Fore nu• that he executed the same. ~ WIT\}.SS mp hand and official seal in thr County and State last aforesaid this 1St day oI E t~ovesFber D. l9 79 , - ..ti 7 F1LEQ ~t, GCC;i i Y. F l i.. \ RGGER PviTE:~~~__ - , I r CLERK C1?CL: , f ` F~__ 9 4~i?~682 This Instnmlent shall be returned to Robert J. Gorman, Esquire, Post Office Box 3779, Fort Pierce, Florida 33450 7%is humim~nf p,rpurr-d hy: Robert A. Van Natta, Attorney at Law ;1dJ,7u 3575 So.Indian River Dr, , Ft. Pierce, Florida.