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HomeMy WebLinkAbout2045 a?td shall perform, comply with and abide by each and easry the agreements, stlpubltoni, eondlttoru and cwt~enanls thereof, a?td o/ this mortgaAS, Ihen this morgggge and the estate herby created, shall cease. de- termine and by null and twirl. ~Ild the mortgagor hereby f t?rther covenants and agues to pay promptly when dw the principal and tnfe?es1 and other sums of money provided for in said note and th4 mortgage, or eilhe*; to pay all and singular the tares, assessments, leutes, liabilities, obligations, and sncumbronns of every naturo on said pro- perty; to permit. commit or suffer no wash, impairment or deleriorofion o/ said la.td or the improwmenb lherrcn of any lime; to keep the buildings now or hereafter on said land /ully i?uur+ed to a sum of not leu than highest insurable value in a rnmpany or rnmpnnies acceptable fo the mortgagee. the policy or policies to be held by, and payable to, said mortgagee. and in the even! any sum of money becomes payable by vtrtw of ruck insurance the mortgagee shall have the right to receive and apply fhs same to the indebtedness hereby sectu+ed, neeounttng to the mortgagor for any su.-plus; la pay all rnsfs, charges, and experuei. including lawyer's fees and title searches, reasonably :ncttrrecl w paid by the mortgagee because of the f ailtrre o/ the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, w ether; fo perform, comply toith and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor faib to pay when due any fax, 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 of feeling the option to /oreclwe or any other right beret?nder, and all such payments shall bear interest from dole fher+eof at the highest law- ful rate `then allowed by the laws of the SfalR of Florida. arty sum of money herein referred to be not promptly paid within 1,5 _ days next after the same becomes due, or if each and every the agreements, stipulations, conditions and eovenanb of said note and this mortgage, or either, are not fully perfotarted..complied with and abided by, then the enfir+e sum mentioned in said note, and this mortgage, or the entire balance unpaid therron, shall forthwith or thereafter, at the option of the r?iortgngee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failurn by the mortgagee to exercise any of the rights or options herein provided shall ?tot co?tslilt?fe a waiver of arty rights or options tinder said Hole or this mortgage accrued or (hereafter accruing. ~n ~itntSS thereof, the said mortgagor Itas hereunto signed and sealed these presents the clay and year (irof abo?~e u~riH t. Signed: -se and delive in the presence of _ , a , _ EDWARD T. McNEILL I STATE OF FLORIDA, c~UN'fY OF ST. LUCIE I HEREBY CERTIFY that on this day, before me, an o([icer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared EDWARD T. McNEILL gg to me known to lx the person described in and wha executed the foregoing instrument and he acknowkdRed i Ixfore me that he executed the same. --~~q ~ N 17 :MESS my hand and o[[icial seal in the (:ounty and State last aforesaid thu ~ 4th s~_L, _ 'day o[ ~ Decemb@r D. t9 79 , ..,r'?urt - i NOTARY PUBLIC 'o-.. • tllEO A?!! p"=_ "s~Ep ,`~„a, • • .c.:+,_/y;?- ~~s = } iT. I.UCti' i + FU• MY COMMISSION BXP~I`;t; • x ~~r ~ ! i ~ FGA... AS . ,•:"/~T~~2 ' -c CLE= ; ' .OUFl~ °a:, St to o~ r~ ~ i. 3'.'1161 . tea. `.1y .Commission Expiros tv~a~ 2~~ ISrB[ t~~~: ; Q ~ ~ 4 b~c 6 3 2i PM 7 ~ . ~ ! 468609 LINDA SANDERSON T/ris IiWnin~~n/ p~rprtrrc/ by: CHELSEA TITLE ~ GUARANTY COMPANY i , ,~~/,/>r•ct 5000 S. U.S. Ill, Port St. Lucie, Fla. 33452 n0 AA ~ ~A ~ w i