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HomeMy WebLinkAbout0101 _ ~ and shall perform, comply with and abide 6y each and eta :y ,tlte agr+tements, sttpulatto?u, rnndttions and covenants thereof, and of this mortgage, then this mortgage rand tha estate hereby created, shall cYws, de- termine and 6e null and void. the mortgagor hen•by further covenants and agrees fo pay promptly when due th. principal and interest rand other sums of money provided for in said note rand lht mortgage, or either: to pay all and ' singular the faxes, assessments, levies, ltnbilttiea, obltgoftons, and encumbrances of every nattu+e on said pro- perty: fo petvrtit, commit or suffer no waste, impairment or deterioration of said land or the improvements thereon at any time: to 4eep the 6utldtnps now or hereafter on acid land fully insured to a stun of not less than its insurable value ` in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable ~ to, said mortgagee, and in the event shy stun of money becomes payable by vIrlue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aceotsnfing to the mortgagor (or any surplus: to pray all costs, charges, and expenses. Including lawyer i feet and title searches. reasonably incurred or paid by the mortgagee because of the failtu+e of the mortgagor to promptly t and f filly comply with the agreements, stipulations, conditions and covenant of tnid note and this mortgage, or either: to perform, comply with rand abide 6y each and every the agreement, stipulations, conditions rand covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due ratty 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 wniving or of fecfing the option !o foreclose or any other right hereunder, and all stub payments shall bear interest from date thereof at the highest law- f ul rate then allowed by the laws of the State of Florida. D~ any sum of money herein referred fo be not promptly paid within 30 days next after the same becomes due, or if each and every the agreements. sfipulnlions, conditions rand covenant of said note and this mortgage, or either, are not fully performed, complied with ~nnd abided 6y, then the entire sum mentioned to said note, and this mortgage, or the entire balance trrtpaid therron, shall forthwith or thereafter, ai the option of the mortgagee, .become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exe?+cise any of the rights or options herein provided shall not consfiftste a waiver of any rights or options under said note or this mortgage accused or thereafter accruing. ~n ~itntSS whereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed. sealed and delivered in the presence of : ~ axles Py~ n ~ N Q~ E _ 1 y yr his wife e STATE OF FLORIDA, ~ 1 couNTY of ST. LUCIE I HEREBY CERTIFY that on this day, before me, an t officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared I CHARLES PYRON and JUDY PYRON, his wife ~ to me known to be the persorS described in and who executed the [orcgoing instrument and whp acknowledged before me thatthey executed the same. ~ WITNESS my hand and official seal in the County and State last aforesaid this ~ day of ~ { November, A. D. 19 79. u FIIEU A4. CEO `"t~~,.' _ . ST IUGi_ -LA. -v' ~ _ ~~'1'\ _ .SST y~.._ CAE?.~• , No ary Public = ~ ~ RECn= • My commission expiY`t~: I o/Y--~B.~-: ~ DEC 11 3 ai PNI'~ ~~R, . J ; ?y~ ~ ~ { tom: ; AA ,cTr'' 1%is Lu~ninrcu~ prrpnre~/ Ly: R. N. Koblegard, TII, Esq. Post Office Box 1000 t~'~'l~~ Fort Pierce, Florida 33450 i~Knt~~] rttM ;