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HomeMy WebLinkAbout0791 t 1 and shall perform, comply toilh and abide by Pack and every the agreements, stipulations, conditions and ' l'al'PnanfS tllereoj. acid Ol f111S mortgatlP, theft thin mortgage and the estate hereby Created, shall Cease, de- tPrnt1/1P and bP ?udl and void. - ~nR fhP mortgagor herrby further covenants and agrees to pay promptly when due the principal and interest and other sores of money provided jor in said note and this mortgage, or either; to poy all and singular the taxes. assessments, levies, liabilities, obligations, and encumbrances o/ every nature on said pro- perly: to permit. commit or suffer no waste, impai?mertt or deterioration of said land or the improvements therncn at any limp: to lrrep the buildings now or hereafter on said land jolly instsred Dt a sum of not lest Than the full insurable value in a company or companies acceptable to fhP mortgagee, file policy or policies fo be held 6y, and payable fo. said morfftagee, and in fhP Pvrnt any sum of money becomes payable 6y virtue of such instuance the mortgagee shall liavP the right to receive acid apply the same to the indebtedness hereby secured, accounting to the mortgagor jor any st+rpl++s; fo pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably inc++rred or paid by the mortgagee because of the failure of the mortgagor fo promptly and (oily comply with the agreements, stipulations, conditions and rnvenants of said note and this mortgage, or either: to perform, comply u~ifl+ and abide 6y each and every the agreements, stipulationu, conditions and covertanls set forth in said note and this mortgage or either. In the et+ent the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the morfgagPP may pay the 'same, without waiving or affecting the option to foreclose or any other right heret+rtder, and all such payments shall bear interest from date thereof at the highest law- _ jut rate then allowed by the laws of IhP -JfafP of Florida. - z arty st+m of mor+Py herein rPlerred to be not promptly paid within thirty (30)days next of ter 1hP same becOMPS due, or i j each and every the agreements, stipulations. rnnditions and covenants of said } note and this mortgage, or either, are not jolly performed, complied with and abided by, then the entire t slim mentioned in said note, and this mortgoge, or the entire balance unpaid thereon, shell forthwith or thereafter, of IhP option of the mortgagee. become and be due and payable, anything in said note or herein a to the contrary not+vrfhsta?tding, f=ailt+rP by the mortgagee io exercise any of the rights or options herein _ provided shall not ?-Destitute a waiver a( any rights or options under said note or this mortgage accrued or Ihernajter accn+ing. ~~MN M~ < DI~ ~~UIeSS ~h~~f, 1{iP said mortgagor has ltere+ento signed and sealed these presents fhP E day and year first above tvrillen. - ~ $ign se e d d P presence oj: t ~ ~ ~ t - - - - - . C ~ c ~ -Haro1~R, Allen - - - _ ~ - - X.- ``~''=tea.--- ~ Lois Allen ' - STATE OF FLORIDA, COl'~TY OF ST. LUCIE I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared HAROLD R. ALLEN and LOIS ALLEN, his wife to me known to be the person sdescribed in and who executed the forcgoin~q instrument and they acknowledged Ixforc me chat they executed the same. - \~'17~~iESS my hand and official seal in the County and State last aforesaid this 30th daY ~ 1 :iover~ber, A. D. 19 74, i • 1 L' D ' FLIED AMC ~ - _ _ E - - sT.~ucIF - ' f~A- otary Public P~r.~ ~ sEClik`~rr~:~, -91~T State of Florida at Large HOV ~ 2 54 P~ ~ f9 MY col>I~nission expires : _ . - - - - , - -.I ~ %ic I?u/nuir~n~ prrPnrr-J F Guy R. Brunt, Esq. - • .r Y• 208. C~tizQns Federal Bk1g:~, :•1 c/clrrxs 8='. I0 S. Federal Hwy. Fort St, Lucie, Fla. 33452 ~'"~r~~~~~~., P3GE 7~ ;