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HomeMy WebLinkAbout0382 _ _ and shall perform, comply with and abide by each and every the ogreements, atipulnttoni, conditions and covenants thereo/, and of this mortgnge, then this mortgage and the estate hereby created, shall cease, de- fermine and be null and raid. f ~d the mortgagor hert~6y /urther covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in anid note and this mortgage, or either: to pay all and singular the fares, ass>'ssmenis, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty; to permit. commit or suffer no waste, impairment or deterioration of said land or the improvements Iherecn al any time: to beep the buildings now or hereafter on said land fully insured in a sum of not less .than highest insurable value in a company or companies acceptable to the mortgagee, the policy o? policies to be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by uirfue of suck insurance the mortgagee shall have the right to receive and apply the some to the indebtedness hereby secured, aceounttng to the mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyer's fees and rifle searches. reasonably incurred or paid 6y the mortgagee because of the /ailure of the mortgagor to promptly and fully comply urith the agreements, stipulations, condifioru and rnuenants of said note and this mortgnge. or either; fo perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgnge or either. In the event the mortgagor /ails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue o/ said note and this mortgage, or either, the mortgagee may pay the same, without wniuing or of jeering the option to /oreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Iaw- (ul rate then allowed by the laws of -the State of Florida. any sum o) money herein referred to 6e not promptly paid within 30 days next after the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said note and this morigaye, 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 6alarece unpaid thereon, shall 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 by the mortgagee to exercise any of the rights or options herein provided shall rtot constitute a waiver of any rights or options under said note or this mortgage accrued or . thereafter accruing. Dn ~~Ul~s ~~`e~ls fbP saitr mortgagor {las hPrpunfo signed and sealed Iltese presents the day and year first above u•ritfen. Signed, sealed and delivered in the presence o(: ` witne s - OLD R. STULL i ~i~E7~-//.1i-1-:~c-n-Gfi:.~.. - - witness E i 4 t i i p3 i t STATE OF FLnRIDA, ~ CnL'tiTY (~F ~ St. Lucie i HEREBY CERTIFY that on this day, be[ore me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared I HAROLD R. STULL to me known to be the person described in and who executed the foregoing instrument and he acknowledged before- me that he executed the same. ~CE7'\ESS my hand and of[icial seal in thr County and State last aforesaid this ~J / day o[ ~ ti . ~ ~(~ry~-- ~ TARY PUBLIC s., r MY COMMISSION EXPIRES: jC~~, 4+6.5662 h:-ta•~; Pubic. State of Florida at Large C. -,rr:~s~on Exr;reS Jiltt.8.1953 - . ~ r ~ ~ ~ .f. ti A!t: 4. ~ ROGER PGITfil;5 ~ Ca' ; CLEni{ CtRiUti jTA - : ~ t _ p ~ _ ' J,~ I !'leis Ins~rrmr~ni prrptrr-r! hy: ~1 rlrl,7 u iIR ~;I~K J~ PAGE JC7V