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HomeMy WebLinkAbout1866 1 _ and shall perform, comply with and abide 6y each and every the agreements, atipulationi, conditions and covenants thereof. and of this mortgage. then this mortgage and !hs estate herby created, shall cease, de- termine and 6e acct! and void. Ii1N~ the mortgagor hereby further covenants and agrees !o pay promptly when due the principal and interest and other sums o/ money provided for in said note and this mortgage, or either: to pay all and singular the faxes, assessments, levies, liabilities, obligaltons, and encum6rartces of every nature on :aid pro- perty: to permit, commit or suffer no waste. Impairment or deteriorotion of said land' or the improvements therecn at any time; fo beep the buildings now or herrafter on said land /ully insured in a sum of not less than the highest insur~ble value tlte~reo~ in a company or companies accepfab to the mortgagee, t e po cy or policies to bg held by, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insternnce the moHgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor jar any surplus; fo pay all costs, charges, and expenses. including lawyer's Jess and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and rnvennnts of said note and this mortgage. or either: fo perform, comply u?ith and abide 6y each and every the agreements, atipulnttoits, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any 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 same, without waiving or of feeling the option fo foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lnw- f ul mte then allowed by the laws of the State of Florida. ~1 any sum of money herein referred to be not promptly paid within 10 days next of ter the same becomes Bete, or ij each and every the agreements, stipulations, conditions and covenant: of said note and this mortgage, or either, are not fully performed, complied with n?td abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, nt the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary nofu~ilhstanding. failure 6y the mortgagee to exercise any of the rights or options- herein provided shall not constitt?te a waiver of any rights or options under said note or this mortgage accrued or thereof ter accruing. - ~n ~~uleSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first atone written. • Signed, sealed and delivered in the presence of ...J~~B~. Dodge' ~ ~ , ~ Carolyn tS . Dodge f f I r STATE OF FLOKiDA, • COL\TY OF St . Lucie i HEREBY CERTIFY that.;oer ~ ~ d . lRfote, me. as y officer duh• authorized in the State aforrsaid and in the County aforesaid to take acknOwlldgoneaj~~pSrt+oARll JAMES B. DODGE and CAROLYN S. DODGE, his wi~q, - to me known to be the persong described in and who executed the forcgoinq instru~rtt ,#t~'1,ey N?aekhbwk_ died . v,,. _ - befom me that they executed the same. Ft .z. - j.•, - - ~ . day of 1~'IT\ESS my hand and official seal in the County and State last aforesaid this ; November A. D. 19 79. ACp/~91 - - - '3 's LEO ~N`-' " ;'nE0 WCIf... . LA. Qn~.= °~S Notary ublic, State of Fla. at Large CEE~~~~ ~ • _ wuRt My Commission Expires ` gotsry P~I?c, State of Florida at ~ I }Ay Cotoraissiaa Expires Aug. 30, 1980 (~0 y A~..:w fw ? Go..~r (.a~7 THlS INSTRUMENT PREPARED BY FRANK H. FEE, III FIRST FEDERAL BLDG. FT. PIERCE, FLORIDA 33450 ' I%i3 I,ulrra,r~,n prrpnrr•~! by: 8th 32l PAGE1~5 Arlclrfu