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HomeMy WebLinkAbout0519 i and s{tall per(orrr~,:contply with andpbide Icy each anti er•ery the apreemertls, stipulations, conditions nnd covenants lhereo~ a?ttl aJ this morfljege, then this mortgage and the estate hereby created, shall cease, de- lermine and 6e null and void. I end the mortgagor hereby further covenants and agrees fo pay promptly when due the principal and interest acrd other sums of money provided (or in said note and this mortgage, or either: fo pay nlI and singular the fares, assessments, levies, liabilities, obligations. and enctrmbronces of every nature on said pro- perty; fo permit, commit or suffer no waste, impairment or deterioration of said Land or the improvements Ihernon M any time; to beep the buildings nou+ or hernafter on said land (idly insurnd in a sum of not less than $50,000.00 in fire and_ windstorm insurance in a company or companies acceptable to the mortgagee.. the policy or policies to be held by, and payable to, said mortgagee, and in the 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 indebtedness hereby secured, accounting to the mortgagar (or a?ty surplus: to pay all costs, charges, and expenses, including lawyer's fees and title searches. reasonably incurred or paid by the mortgagee because of the (allure of the mortgagor to promptly and (trlly camply with f?te agreements, stipulations, conditions and covenants of said Hole and this mortgage. or eifht•r; to perform. comply u+ith 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 (ails to pay when due any tat;, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the morfctagee may pay the same, tuithoul tr+aiving or affecting the option fo foreclose or any other right hereunder, and all such payments shall bear interest /rom date thereof at the highest tau+- ?td rate then ollou+ed by the Iau+s of the State of 1=Io?ida. D~ any sum of money herein reJerrerl fo be not promptly paid within 30 days next alter ` the same becomes due, or i( each and every the agreements, stipulations. conditions and covenants of said i note and this mortpape. or either, are not (idly perfot~rted, complied tt+9~1• •nnd i?bided by, then the entire ~ strm mentioned in said note, and ibis mortgage, or the entire balance «npaid 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 nohvifhstanding. failure by the mortgagee fa exercise any of the rights or options herein .I provided shall not r-onstihrte a u+aiver of any rights or options under said note or this mo?tpape accrued or Iherna(tr•r accruing. ~n witness -thereof, the said mortgagor has hereunto sip?ted nnd sealed tI?ese presents the day and year first share a+riffen. ~ I! , ~y Signed, scaled nd delirernd in the prnsence of : 1 L~ i _ ~ l~ - _ . - - . . - . _ . . . ! STATE OF FLORIDA, COI'\TY OF St . Lucie ~ I I IIEREBV (:ERTIFY that on this day, bttore me, an ! officer duly authorirrd in the Starr aforesaid and in the County aforesaid to take acknowledgments, personally appeared Linda C. Hendry, a single adult to ulr known to Fx the perwn described in and who exrcuted the (ore¢oinq instrument and She acknowledged II be`tore• me that She executed the same. ! K•IT\F.SS m~- hand and official seal in thr County and Stad• last aforesaid this 29th day of November n' 1979 I•,~: - . _ ~,;•.r, ~f~a iali of flaldo at Laro= Si LI:C,c ct.:•.:';., _ • i~ ~ tftt/ira Jtts. 2f;? 1 II P,OG: f' f~ 1.. - ~ - _`~l ~~d ~ AnMlic~n Fut? ~ Ga?t+a~ V' ' ~ CLtkK Ct' ~ ~ / p~` •/%ir /rt~lru?nr~?N Fr~/?~rrr•r/ F . A . Harris 410 Orange Avenue .I,Glrr.c ~ < Fort Pierce, Florida ~ PACE