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HomeMy WebLinkAbout1198 i I and shall perform, comply urilh and chide by each and every the agreemerfs, stipulations, conditions and covenanls (hereof, and of Ihis mortgnge, then this mortgage and the estate hereby created, shall cease, de- Iwmine and 6e Hint and void. I 1• - j~ • ~C,: f e marl, ngor y f urther covenanls and a ryes to a rom tl w en due the rinci al and IZIt~ h.~ q ~ 1(en~ g P Y P P Y h P P infernsl and other sums of money provided (or in said note and this mortgage, or either, to pny nil. and singular the IaXPS, assessments, levies, liabilities, obligations, and encttmbmnces of Avery nature on said wo- perty: fo permit, commit or suffer no waste, impairment or deterioration of said land or the improve?ttenfs thereon of any time: fo beep the buildings Hour or hernafle? on snid land (ally insured in a sum of not less than $20,000.00 in fire and windstorm insurance in a compnrty or companies acceptable to the mortgagee, the policy or policies l0 6e held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the morlgn~tee shnll hnuv 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 (ees and title searches, remm~nbly incurred or paid by the-mortgagee because of the failure of the mortgagor to promptly anti (oily comply with the agreements; stipulations, conditions and covenants of said note and this mortgage. or either, to perform, comply with and abide 6y each and Avery the agreements, stipulations, conditions and c•at•ertnrtls set forth in said Hate and Ihis mortgage or either. In the even) the mortgagor fails to pny when due any tax. assessment. insurance premium o? other sum of money payable 6y virtue of said Hole and this ~ mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option fo foreclase or any other right hereunder, and all such payments shall bear interest from dote thelPOf at the highest low- I~ (ul rate then allowed by the lows of the Stale of rlorida. I ` ~L nny sum of money herein re(Pned to be not promptiy paid within --30-- days next of ter G 1 the same becomes due, or if each and erery the agreements, stipulations. conditions and covenanls of said ; note rind Ihis marlgnge. or either, ore ?tot (telly performed. complied with •and abided by, then the entire sum menlione~l in said note, and this mortgage, or the entire balance unpaid thereon, shall f ort~ltwith or (hereafter. nl the option of the mortgagee, become and be due and payable, anything in said note or herein to the rnnlrory nahvilhslnnding. F=ailure by the mortgagee fo exercise any of the rights or options herein providrKl shnll not constitute nwaiver of any rinhls or options wider said note or Ihis mortgnge accrued or j Ilu•n•n(fer acr?ning. f!f f f ~ ~n witness thereof, the said mortgnyar {Ins hereunta Slrtllerl alld sPAIPd IhPSe presents the ~i I~ day and yenr first above tvritlen. f i. Signed. seals t deliv ed th presence of C 1 w. _ _ _ - i i ~ ~ i i ; r 1 _ sT~TE c~F tl.c>'Rlna, ccx-~T~v t~F St . Lucie ~ I IIEREBI' CERTIFY that on this day, Ixfore me, an offirrr duk auth~rired in the State a(oresaid and in the County aforesaid to takr acknowledgments, personally appeared - i Floyd Newbold, an unremarried widower to m.• known to be the pr•rwn desr ritx•d in and who executed the forrgoinq instrumrnt and he acknowledged ' before me that he executed the same. ~ ~ ' WIT\F.SS my- hand and official seal in thr Count~• and State last aforesaid this ~ diY ~ ,i. i 3 ,~S ,i r A I s e . fILE~ AMC ~E c „QED j- .~1•._~ ~ aT.LUC!E •+'r Fly. , ~~,t,..~ ~ CLEW - . i .^IlRf V 't ~ ~C' jl RECOQ~ r ~ , . ? ~ ~yA1Mg t1u~ a1 fFlr~ ~ l , q~ M?a~ll~ tat~it.. /I~r. Nln ~ doe 3 4 ie PN `19 ~ Iu~lr?i?iir?rl J1rr fhrrr•rJ lrp: ~ , A . Harris ;.K 410 Orange Avenue 3':'K Jt~.1. PKOE~ 7 :1:1,lrrv Fort Pierce, Fl, 33450 {