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HomeMy WebLinkAbout2284 u===-I shall ,~e:ja::::, ~ntply with ctntl chid. by each and every fhs agreements, stipulations, conditions and rnvenanfs thereof. and of this mortgage, then this mortgage and the estate hereby created, shall eeaas, de- termine and 6e null and ewid. the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in acid note and this mortgage, or either; to pay all and singular the faxes, assessments, levies, liabilities, obligations, and encumbronces of every nattu~e on said pro- perty; to permit, commit or suffer no waste, impairment or deterioration of aaId land or the improuemenb thenwn at any lime: to keep the buildings now or hereafter on acid land fully tnstued in a :um of not less than FOUR THOUSAND SEVEN HUNDRED THIRTY EIGHT DOLLARS--68/100------- in ncompany or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of stscis irutuance the mortgagee shall have the right to receive and apply the sane to the indebtedness hereby secured, aceotinti?sg to the mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid by the mortgagee because of the jailtue of the mortgagor to promptly and fully comply with the agreements, stfpu[nttons, rnnditions and covenants of acid note and this mortgage. or either: to perform, comply with and abide 6y each and every the agreement:, stipulations, conditions and covenants set /orth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, instuance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without w,aiuing or affecting the option to foreclose or any other right hereunder, and all such payment: shall bear interest from dote thereof at the highest law- /ul rate then allowed by the lows of the State o/ Florida. any sum of money herein re%rred to 6e not promptly paid within days next after the same becomes due, or f j each and every the agreements. stipulations. conditions and covenants of said note and this mortgage, 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 tsnpnid thereon. :hall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y 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 accrued or thereafter accruing. ~n ~t~ess ~heCeof, the said mortgagor has hereunto signed and sealed these presents the day and year f irsf above written. Signed, sealed and delirered in the presence ofc rd Barnes ry Barnes STATE OF FLORIDA. COUNTY OF St. Lucie I HEREBY CERTIFY that on this day, before ttte. an o[[icer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeatrd Clifford Barnes and Mary Barnes ,his wife to me known to be the person described in and who executed the foregoing instrument and they acknowkdaed be[ore me that they executed the same. WITNESS my hand and o[rcial seal in the County and State last aforesaid this 2 day o[ Nov. A. D. 19 79 / J NOTARti PUiIIC SiAtt OF ilOtilOA AT lAR('iE f1LEU Ah( ~ MY OJMMISSION EJ(?IRB MAY. 23 1953 stt.uclf ccu:.r r. {pip Thu INS . tpMERWRtTt3S'_ ROGE7 f'0!'c 4:~ AI ~t ' ~ ~ fit. _ 464.95 = ` ~ ~ . 17ia I,wnureirr prcprrrrd try: Jackie Talamine At1~1~.~First National Bank ofFort Pierce P.O. Box 970, 300 S. 6th St. , Ft. Pierce, Fla. 33450 at,~u319 ~~c~2~.~i