HomeMy WebLinkAbout0214 - a?td shall perform, comply with and abide by each and et+ary the agreements, stipulationi. conditions and
cot+ertonls thereof. and of This mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and void.
the mortgagor hereby further cot+Pnants and agrees to pay promptly when due the principal and
interesi and other sums o/ money provided for in said note and this mortgage, or either: to pay all and
singular the fa1CPS, assessrnenls, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly; to perntil. commit ar suf
jPr no u+astP, impairment or deferionation of said land or the improvements
fherecn of any IimP: fti ItePp the buildings now or hPreaf
fPr on said land fully insured in a sum of not less
- than HIt~ST IMSURABLS VALUB
in a company or companies accPf?fable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in tltP event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedneu hereby secured, accounting
to the mortgagor for any surplus: to pay all costs, cha?ges, and expenses, including lawyer's fees and•/itle
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply u+F1h 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 jails to pay when
due any fax, assessment, insurance premium or other sum of money paynb[e by virtue of said note and this
mortgage, or either, the mortgagee may pay the same.. withoui waiving or of
f
ec:ting ilia opiiatt io f
areclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law-
- fuI rate then allotue<I by the tau+s of fhP State o/ Florida.
~l any sum of money herein re(PrrPd to be not promptly paid within thirty days next after
Jhe same becomes due, or if 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 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 6e due and payable, anything in said note or herein
- to fhP contrary notu+ifhstandirtg. Failure by the mortgagPP to exercise any of the rights or options herein
provided shall riot cOflSf/flrfP a Il+alt+Pr Of any rights or options under said note or this mortgage accrued or
thereat ter accruing.
~n ~itnQSS ~hQCeof, the said morfcingor leas hereunto signed and sealed these presents the
day and year first above a+riffen.
$ iPd. SPQIPd a?Id dPl11~PrPd n fhP preSPI1cP Of
~l~ _
C _ _
ORD W , JR
ry i
LISA M. WARD
r
STATE OF FLORIDA,
c~LT~-rv OF St. Lucie
I HEREBY CERTIFY that on this day. before me. an i
oFFicer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
PH CLIFFORD WARD, JR. and LISA M. WARD, his wife.
t
f to me known to be the persong described in and who executed the Foregoing instrument and who acknowkdged
{afore me that they executed the same.
1
W17 \ESS my hand and otiiciai seal in the County and State Iasi aforesaid this 10th day of
April A. D. 19 79 ~
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ROGER PQiTF~AS
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