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HomeMy WebLinkAbout2866 - - - - • T ~ and shall perform, comply with and abide 6y each and every Ihs agreements, stipulations, conditions and covenants thereof, a?td aJ this mortgage, then this mortgage and the estate hereby created, shall cease, ds- IerminP and be null and void. end fltP mortgagor Iternby further covenants and agrees fo pay promptly when due the principal and interest and other sums of mo?tey provided for in said Hole and this mortgage, or either: fo pay all and singular the fares, assessme?tfs, levies, liabilities, obligations, and encumbrances of every nature on said pro- } party; fo permit, commit or st?Jfer no urasfe, impairment ar deterioration of said land or the improvements thPrecn al any limp: to IrPPp fhP buildings Hour or hereafter on said land /ally instu-ed in a sum of not less than its t1a11 insurable value in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable ro, said mortgagee, and in !hP event any sum of money becomes payable 6y virtue of such Insurance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting ~ to fhP mortgagor for any surplus; fn pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably irtcttrred or paid by the mortgagee because of the failure of the mortgagor fo promptly and fully comply with the agreements, stipttlafions, conditions and covenants of said note and this mortgage, or either; fo perform, comply u~ifh and abide 6y each and every the agreements, stipulations, conditions and cove?ta?tts set forth in said note and this mortgage or either. In the event the mortgagor foils to pay when due arty fax, assessmertf, irtst?ra?tce premit?m or other sum o) money payable 6y virtue of said note and this mortgage, or eillter, Ilte mortgagee may pay the same, without wniving or affecting the option to foreclose or any other right IterPt?n?IPr, and nll such payments shall bear interest Jrom date thereof at the highest law- f ul rate then allowed by 1hP laws of 1hP SfatP of Florida. ~f J I p p y p thirty Boys next after any sumo money herein rP erred to bP not rom fl aid within the same becomes dttP, or iJ each and PVPry the agreements, stipulations. conditions an<l rnvenants of said note and this mortgage, or either, are not )ully 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, at tltP option of the mortgagee, become and 6e due and payable, anything in said note or herein to fhP contrary nofu•ithslanding. failure by [he mortgagee to exercise any of the rights or options herein provided shall not consfifufP a waiver of any rights or options under said note or this mortgage accrued or fhereaJfer arcn?ing. ~n ~itneSS ~hM'eof, tltP said mortgagor has heree?nto signed and sealed these presents the day an?1 year Jirsl above u•ri11Pn. Signed. sealed and dPlirernd ' t fhP presence of 7 --...Gtt-t _ .1:11 _ C~L.~L~.,_. - ARTHUR S. POKERS _ ~h~ _ _ . _ _ _ i _ - ~ _ _ . _ _ _ _ _ ! M i ~ ~ STATE OF FLt)RIDA, t St. Lucie ` i COUXTY OF ~ i 1 HEREBY CERTIFY that on this day, before me, an officer duly- authorized in the Stair aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared ARTHUR S. POfJERS, a married person f, to me known to be the person 3descrilxd in and who executed the [oregomQ instrument and ~S~tleacknowledged lxfore mr that ~ s ~ ~itccuted the same. k~'IT\ESS my hand and official sea) in the County and Stair last aforesaid this ~ / ~ day of ~~j9~aa%t-ri ~ A. D. 19 79 ^ C FILE'v Rh -.JEP NOTARY PI;EIIC STATE O: FLORIDA AT LARC# St. lti :1 _ . ' ~ LA. F; iIRT MY CO!rt~~SS~G~I E~PCtES 1U1Y.18 1981 C! _ lONDED 1HRU Cf~::~tal lrn • UtjpcR;NRITERS i REC^~'' I 469109 , v,; v~ %is ~/lAf1II//f/rl prrp/rtd by: ' "ti ; . wYt:r:s Tt7LE INS OOItA i;R I 9999 S. U. S. 1 . _ PAGE28fjz Port St. Lucia. Florida 33452 -