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HomeMy WebLinkAbout1441 ~rl•- and shall pe?Jorm,, eao ~y with ark ~~l6y each and every the agreementa, stipulation's, rnndttions and covenants t{tereo(,"~i~i ~tis mor~d~e! Men this mortgage and the estate hereby orated, shall cease, de- termine and be null and void. Il~ IhP mortgagor {lemby further covennnls and agrees to pay promptly urhen due the principal and interest and other sums of money provided for in said note and thta mortgage, or either; to pay all and stngtrlar fhP fares, assessments, ?evies, liabilities, obligntiorls, and enct/mbroncea of every nature on said pro- perty; fo permit, commit or stet ter no urasfe, impairment or deteriorofion of said Iand or the improuemenls therecrl nt a?ly limp; to {reep the brrildi?Igs now or hereafter orl said Innd /ally insured in a sum of not less than -----------------The FULL INSURABLE VALUE---------------------------------- in acompany or companies acceptable to the mortgagee, the policy or policies to be held by, and payable fo, said mort[agee, a?Id in fhP event arty stem of money becomes payable by virtue of such inswance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any strrpllrs: to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and folly comply urith lIle agrPemerlts, stipt/lalions, conditions and covennnls o/ said note and this mortgage, or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. /n the event the mortgagor fails to pay when due any tar, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or cif{ter, 1{le mortgagPP may pay the same, without uraiving or dffecfing the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the htghesf law- fUI rA[P t{ten allalveel {ry t{IP Ia1/~5 Of the $ta[P of Florida. ~l arty stem of morlPy hpreirt referred to 6e not promptly paid within FIFTEEN days next after the same becomes due, or i j each and every the agreements, stipulations, conditions and covenants of said note and this ?rtorlgage. or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgatge, or the entire balance unpaid thereon, shall forthjuith or thereafter, at the option of the mortgagee, become and bP due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagPP to exercise any of the, rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or fherea(fer aeYVUing. ~n ~ttlleSS thereof, the said mortgagor has hereunto signed dad sealed these presents the day and year first above tvriften. - Sign d, sealed and delivered i?1 the presence of : - . 1 L~ U - n---- - - - - - - ` - - CLI FORD HO MES ~ - GERALDINE T. HOLMES ` ! - { ` _ E ~ _ _ - _ - - - - - - ~ STATE OF FLC)RIDA, cc~c~TV c)F ST. LUCIE I I[EREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County a[oresaid to take acknowledgments, personally appeared CLIFFORD P. HOLMES. ANC GERALCINE T. HOLMES, his wife to ml• known to br the person $ described in and who executed the [ongoing instrument and ~1e~/ ackrwwledged Ixfon- Inc that they executed the same. ~~'17-\ESS my hand and official seal in the County and State last aforesaid this 3rd day o[ Decemb[~r D. i9 7g- ~ - - ..1-..... - ~ i LED AM°_; I'~ ~~ED - S~. LUCIE 4 ~Lti. ROCr. ` ~ ~ Irly Commission Expires August 1Z, 1980 Cj.~~. C''. ~ ~ 468192 _ ot.. ~ r~::,-. . , . L L ` , . f RQB~VTTE G. t7oa,~~ ~ lhes Ltyntmnet prr~urlJ hy: This instrument wt?3 prepared by' - Fist Amerieert Title Company - Aefi/rear o[ St. Lucie County, lac. - tyx~ 4360 D S. U. S. Hi9Away • 1 Q