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HomeMy WebLinkAbout1655 and shall perform, rnmply wish and abide by each and every the agreements, stipulations, rnndttions and rnvenanls Ihereoj, a?td of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and 6e null and twirl. 71~ the mortgagor ltert'by further rnvenanls and agrees to pay promptly when due the principal and interest and other sums o/ money provided for in sold note and this mortgage, or either; to pay all and singular the taxes, assessments, levies, liabilities, o6ligatio?u, and encumbronces of every nature on said pro- perty; to permit. commit or suf jer no waste. impairment or deterioration of said land or the Improuemenfs fherecn at a?t,~ time; to Iree t v~hu~ildings now or hereafter on said land fully insured in n sum o/ not less than b1A.l. in a company or companies acceptable to the mortgagee, the policy rr policies to 6e held 6y, and payable fo, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to ?eceiue 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 ttfle searches, reasonably incurred or paid 6y the mortgagee bemuse of the jailors of the mortgagor to promptly and jolly comply with the agreements, stipulations, rnnditions and covenants of said note and this mortgage. or either: fo perform, rnmply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without wniuing or of feeling the option fo foreclose _ or any other right hereunder, and all such payments shall bear interest from date ther+eoj at the highest law- f u! rate `then allowed by the, lau.s o f the State of Florida. it any sum of money herein referred to be not promptly paid within ~1i~(~~ 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 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 unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notu+ithstartdi?tg. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not cottstifute a u+ait+er of any rights or options under said note or this mortgage accrued or thereajlt r acc-?t?ing. ~n witness. thereof, the said mortgagor has hereunto signed and sealed these presents the day and year f irsl above a+ritle?t. Signed, s led and del' din the presence of : ~ ~ ~ ? ern o - - . • I r i STATE OF FLORID:1, I Ct)L'~Tti' ()P St. Lucie ~ I HEREBY CERTIFY that on this day, before me, an officer duly authorised in the State aforesaid and in the County aforesaid to take acknowiedgme•nts, personally appeared AR~iUR H. MX)I7E and IlVFS M. MX)ftE, his wife to me known to be the person $ described in and who executed the foregoing instrument and they acknowledged Lefore me that executed the same. i 1~'I"11ESS my h:~nd and official seal in the (:ounty and State last aforesaid this l~~ day of ~OV~ A. D. 19]9 , I . Notary Pub is ~ My Comldssian Fires: ppTA~ r(J1tIC STATE OF fLOR10A AT tAtICiE ; ttES AK . 4 1911 „ , ' MIY t'~OMMtSS10N tilt? Fli.[0 i.f.~ ' ~.a ~ ~ i 1 i ~pT?g~(~AL ttr5• tll=DERVV~tTEa Si.IUCI' CC'..t!ifY.t ? ~ _ ROGi:R. F'01 i RAS _ I ~ CLERK rn• ~ 4~i634'7 ~ ~ ` !lilt /aslmu~nrl prfpnre-d hy: ~A~~R~ I~FP+A~R+U?P~IA+ ~+~~p~~y+~+ /~~/~p/~~ry~~ I :~t//!'If;~S J.[it7lrl\J 111J.~C+ ~JV1K"YR~I'~ W1~CV1~liL1U1~ 1~~~~~ ~ 9999 s. v. s. ~i a~~K320 PaGf~~hJfr Port St . Lucie, Florida 33452 ~