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HomeMy WebLinkAbout1679 i and shall perform, comply with and abide 6y earh and every the agreements, atfpulafioni, condittons and covenants thereof, and of this mortgage, then fhia mortgage and the estate hereby created, shall cease, de- te?mine and 6e null and void. ~ndlhe mortgagor hereby further eovenanls and agrees fo pay promptly when due the principal and inferesl and of{ter sums of money provided for in said note and this mortgage, or either; fo pay all and singular the faxes, assessments, levies, liabilities. obligations. and encumbrances of every naftue on said pro- perty: to permit. rnmmit or suf jer no waste, impairment or deterioration of said land or the improvements 1hPrecn of any time: fo lrPep IhP buildings now or hereafter on_ said land fully insured in a sum of not less E roan full insurable value thereof in a company or companies acceptable fo the mortgagee, the policy or policies to 6e held 6y, and payable fo, said mortgagee, and in the ee•enf any sum of money 6ernmes 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 title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly and fully comply urith the agreements, stipulations, conditions and covenants of said note and this mortgage, or either: fo perform, comply 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 fails to pay when due any tatr, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or Piflter, the ntorlgngee may pay the same, wifhoul arriving or of f ecfing the option to foreclose - or any other right herPtrndpr, and all such payments shall bear interest from date thereof of the highest Iaw- ful rnte then allowed by the laws of the State of Florida. ~L any sum o/ money herein re(errPd to be not promptly paid within thirty days next of ter the same becomes due, or if each and Ptrery the agreements, stipulations, conditions and covenants of said note a?td this mortgage, or either, are not /ally 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 ihP 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 rtghis or options herein provided shall not constittrlP a urnivPr of any rights or options under said note or this mortgage accrued or fhernaflPr accruing. ~n ~lttltSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the day and year first above tvritlen. i SignedJ sealed and del~ered i the prPS~ncP of : / f-- - j - - J EP J ' MO OW-- - ~ - - - - . --Q~ - - - - - - - t~ STATE OF CO['~TY (1F I HEREBY CERTIFY that on this day, before me, an officer dul}• authorized in the Stag aforesaid and in the County afon•said to take acknowledgmenu, personally appeared JOSEPH J. MORROW, an adult, to me known to tre the person described in and who executed the foregoing instrument and he acknowkdRed Imfore me that he executed the same. N'I"1 \`ESS my hand and official seal in the County and State last aforesaid this ~ day of NOVeIDber ~•rA. D. i9 79 ~ 9 ~a~' 19 r,'; 2 ~ NOT Y PUB IC - . ' • ~ ~ . '.fin E Rh` ; , t; My Col»anission Ex ires~'~ ~ FILED p • -S7.LUC.IE t:C~~t~.tl%- ROGER t'hl ~ s'. ~ _ NOT/IRY /U6[IC $TATF Of FLORIfµ Ar ~ • ~ CLEr~.K Cli:~:'! i M1Y COMMISSIG;-: E~?12fS SEIi. ~9ti~•,C~ , c _ . q ~ptdDED ihiiu GE~.::,,;L ItvS . IJND:~l1iF~• 1i? . 46360 - ' - 17~is hu/ni~n?•irl prr pvr~ J hy: VINCENT A . LLOYD , ESQ . SIR PAGE AJJ,r_ts Post Office Box 4382 0~1:'?K Fort Pierce, Florida 33450 I