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HomeMy WebLinkAbout1747 ..c and shall perjorm, comply wish a?td abide 6y each and et>ery the agreements, stipulation's, rnnditions and rot>enarrts tlrereoj. avid of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and twirl. the mortgagor Item+6y jurlher covenants and agrees to pay promptly when due the principal and i?tterest and other sums of money provided jor to said note and this mortgage, or either;. fo pay aII ttnd singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every nature on acid pro- perly; to per?rtif, commit or strjjer no u>aste, impairment! or deterioration of said land or the improvements thPrw-n at any limp; to keep the buildings Hour or hereafter on said Iand jolly insured in a sum of not leu than N/A in a company or companies acceptable to the mortgagee, the policy or policies to lie held by, and payable to, said mortgagee, avid in the errant arty sum of money becomes payable 6y trirtue of such insurance the mortgagee shall hat>e the right to receive and apply the same to the indebtedness hereby sectsred, accounting ` rt L ~a ..~.+e.._.ae incl~.rring Inwyar i fees and title fir fire riiuri{jui~c3F f4F aZrtj' 3t..'jTiiis; 7iT fitsY zixs ev-ems, i . searches, reasonably incurred or paid by the mortgagee because of the jailtue of the mortgagor fo promptly and jolly comply urith the agreements, stipulations, rnnditions and covenants of said note and this mortgage. or eillter; to perjorm. comply urith and abide 6y each and every the agreements, stipulations, conditions and cot>ena?rts set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tar, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all sulch paymentsCShall bear interest from date thereof at the highest iaw- (Ul Mle then allowed by IhP Iaur! Oj the State Oj !"lOrida. any sum of money herein referred to be not promptly paid within 15 days next after the same becomes dire, or ij each and et>ery the agreements, stipulations, conditions and cotenants of said note and this mortgage, or either, are not jolly performed, complied with and abided by, 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, becoate and be due and payable, anything in said note or herein to the contrary nottrrithstandirtg. Failure by the mortgagee to exercise any of the rights or options herein proe•idral shall not conslifrrle a u>ait>er of any riryhts or options under said Hate or Ihis mortgage accrued or Thereof hr ar-cruinry. i ~n ~ttneSS thereof, fire said morfgnyor Inns Itereunfo sicfned and sealed these presents the day and year (irsf above a>riffen. Signed. st>aled and delirernd in fire mss°nce o n I CAROL E. BELL ~ I STATE OF FLORIDA, me°~TV uF MARTIN f I HEREBY CERTIFY that on this day, before me, an Offrfe? duty authorized in thr Stair aforesaid and in the County aforesaid to take afknowledgments, personally appeared CAROL E. BELL to me known to he thr person described in and who executed the foregoing instrument and She acknowledged Ix•for~- me that She executed the same. S~'17 HESS my hand and offifial seal in the County and Stair last aforesaid this day of I nOV, A• D. 19 79. F L£D A~ , . ~ cE TARY PUBLIC . ~ # •lV~~% ~ ~ ~ - GS MY~ COMMISSION EXPIRES: RG;t ;C~IfR Ci.ERi . ?'rO~Aitt %JsleC S1AIE Ui flORI[al1 Al 1/1KriE RECD=`' _ MY GOMMtSStON E7VitItiS FEa. 1~ Nfa~1 24 P~'19 ~ 1~ ~ ,,Q3 p~ ~ 3 - ~ f 44;8405 - I 1%i~ hruniai~ul prr~rtnrl hy: LINDA SANDERSON _ . CHELSEA TITLE ~ GUARANTY COMPANY ~ ;1rr'rt'rt=" 8000 S. U. S. ~1, Port St. Lucie, Fla. ' noAA1 J "~/,n 44LCO i