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HomeMy WebLinkAbout1741 and shall perform, comply with and abide 6y each and every the agreements, atipulnfioni, rnndittons and covenants thereof, and of this morfga(te, then Ihis mortgage and the estate hereby created, shall cease, de- fe?mine and 6e null and void. Il<Ifi1f~ the mortgagor hereby f wlher covenants and agrees to pay promptly when due the principal and infernst a?td other sums of money provided for in said note and this mortgage, or either; to pay all and singular the tAYPS. assessments, Ievles, liabilities, obligations, and encumbrances o/ every nature on aaid pro- perty: fo permit. commit or st?f ter no waste, impatrme?tf or deterioration of said land or the improvements thereon of mty lime; fo beep the buildings now or hereafter on said land fully insured in a sum of not less than highest insurable value in a company or compa?ties acceptable fo the mortgagee, .the policy or policies to be held 6y, and payable fo, said mortgagee, a?td in the event arty stun of money becomes payable 6y virtue of such instuance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectu+ed, accounting to the mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably inct?rrerl or paid by the mortgagee because of the failure of the mortgagor to promptly and jolly comply tuifh the agreemertls, stipulations, conditions and covenants of said note and this mortgage, or eiflter: to perform, comply with and abide by each and every the agreements, stipulations, conditions and conertants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due arty tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the some, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date ther+eoj at the highest law- (l?I MIP then QIIOUrerl bV flte Ia?us Of the State Oj Florida. arty sum of money herein referred to be not promptly paid within is days next after the same Gecomes rl??e, or ij each and every the agreements, stipulations. conditions and covenants of said note and this marfgatte, or either, are not fully performed, complied with and abided 6y, " then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, of the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the cortfrary nofurifhstandirtg. Failt?re 6y the mortgagee to exercise any of the rights or options herein provided shall not consfilute a trainer a( any ri~lhfs or options ender said note or this moHgage accrued or Ihernaffrr accnrin~. ~n ~dttness ~heCeof, thr~ said morfyactvr has 1?ernunto sig and sealed these presents the day and Venn first above 'flea. $igr ,sealed and d errnd in the prrsrnce of : tl, • - --a - - - - ICE ~ - i STATE OF FLORIDA, ~ COC\TY OF St. Lucie I HEREBY CERTIFY that on this day, before me, an oificcr dul~• authorized in the State aforesaid and in the County aforesaid to take acknowfedgmcnu, personally appeared ;tAURICE SWEATY and LYNN J. SWEATY, his s~rife I to me known to be the person g dexribed in and who executed the tore¢oinq instrument and they acknowledged Ix•tor~• me that they executed the same. ~~'1'l `ESS my hand and otticial seal in the• County and State last aioresaid this ~~r day o[ ~l+.vw~??~. A. D. 19 79. FIlEO Ay - QED - ~ ti-•--.__.-•- - - v,f~ =T• ~ JC?i • • rlA. NOTARY PUBLIC _ - ~ Cf_ C • _ MY COMMISSION EXPIR~$ I, = ' ' RECC-N - Public. State of E'a~da at Lerg~^, Notary : My Commission 6cpires :},arch ~~3r { OEC 5 3: l 8 PIS g ~~.1 : . ; , . 408401 ''-1,.,, ~ LINDA SANDERSON ~=R %i~ /itsln?ntnN ~rffurrt-r/ hy: CHELSEA TITLE tY GUARANTY COMPANY ~U,)K 1 Pl~i~~o ,.~i/,/n 8000 3. U. S, lll, port St. Lucie, Fla. 33452