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HomeMy WebLinkAbout2846 1 and shall perform, comply with and abide by eut•h and every the agreements, sttputafioris, conditions and cavenants thereof. and a) this morfgatte, Ihen this mortgage and the estate hereby creased, shall cewe. de- Ie?mine and be null and void. itUN~ IhP mortgagor herr6y further covenants and agrees fo pay promptly when due the principal and irtteres! and other sums of money provided for in said note and thts mortgage, or either: fo pay all and singular the lazes. assessments, tPUlPS, liabilities, obligations. and encumbronces of every nature on said pro- perly: to permit, commis or suffer rto u~asle, impairment or desertomlion of said land or the improuemenfs Itterrcrt at arty limp: fo keep she buildings now or hPrPQ f ter on said land fully insured in a sum o/ not less than the full insurable value in a comtwny or companies accepsnbte to the mortgagee, the policy or policies !o be Geld 6y, and payable lo, said morlryagee. mtd in the event any sum of money becomes payable 6y vi?lue of such insurance the mortgagee shalt have the right Io receive and apply the same fo the indebtedness hereby sectued, accounting to the mortgagor far any stcrpltss; fo pay alt costs, charges, and expenses, including lawyer's fees and ttfle searches, reasonably incurred cir paid by the mortgagee becat?se of the failure of the mortgagor so promptly and fully comply u~ifh the agreements, sfiptrlasions, conditions and covenants of said note and this mortgage, a either: to perform, comply with and abide 6y each and every ftte agreements, stipulations, conditions and covenants set forth in said note and this mo?Igage or either. In the event the mortgagor fails fo 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 affecting the option to foreclose or any other right hereunder, artd all such payments shall bear interest from date thereof at the highest lau?- jul rate then altotved by Itte laws of the State of Florida. it any sum of money herein referred 1o be not promptly paid- within(thirty) 3~ays next after the name becomes due, or if each and etTery the agreements, stipulations, conditions and covenants of said note and this mortga~te, or either, are not fully performed, rnmplied 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, at Itte option of the mortgagee, becor?4e and be due and payable, anything in said note or herein fo the contrary nolwtlhsfanding. Failure by the mortgagee (o exercise any of the rights or options herein provided shalt not conslilule a waiver of any rights or optians under said note or this mortgage accrued or thereafter accruing. ` ! ~n ~t~s~SS thereof, the said mortgagor has hereunto signed and sealed these presents the day anrf year Jint above rvritlen. I f ~Igfled. Seated and delivered in the presence oJ: x------- x J nit ice L, Swisher X- - v?m.~.,. j - _ - ~ - . " - - - ~ j STATE OF FLORIDA, COC~TY OF ST. LUCIE ~ I HEREBY CERTIFY that on this day, before me, an r i officer dul.• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared JANICE L. Sr~IISHER ! to me known to be the person described in and who executed the foregoing instrument and She acknowledged I~efore me that She executed the same. n ~1'il iESS my hand and official seal in the County and State last aforesaid this °f ~R~ daY of j November, D- 1979 . • , - a?t.. •l:~o Notary sic f LEO v' - aec= State of Florida at ~.arge aECO~~ ~ My commission expires:; ~ ~ 46?~5 7%»s /iwni»r~IN PrrFcrrir/ t?y: Guy R. Bruns, Esq, ftR 2 .1Jfic_rs Suae 208. Ci'ce'?s Federal Bldg gO~K PAGE 842 S~t10 S. Fe' wr3i Hwy. + o,._s c? t . ct~ ~Zn~7