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HomeMy WebLinkAbout0495 _ _ . - ~ i and shall perform, comply will[ and abide 6y each and every the agreements, stipulations, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and 6e null and void. the mortgagor hereby further rnuenanfs and agrees to pay promptly when due the principal and interest a?td other sums of money provided for in said note and This morfgnge, or either; to pay all and singular the faxes, assessments, levies, liabilities, obligations, and encum6rnn_ ces of every nature on said pro- perly: to permit, commit or suffer no waste, impairment or deferforotion of said land or the improvements thereon at any time: to keep the buildings nou+ or hereafter on said land fully insured in n sum of not less than $25,000.00 in fire and windstorm insurance. in n company or companies acceptable fo the mortgagee, Else policy or policies to 6e held by, and payable fo, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the snore to the indebtedness hereby secured, accounting to the mortgagor for any surplus: to pay all cast:, charges, and expenses, including lawyers fees and title searches. reasonably incurred or paid by the mortgagee because of the failure of Else mortgagor to promptly and f tally rnmply with the ngreemenfs, stipulations, conditions and cvvenants of said note and this mortgage. or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and cot+ennnts set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, instunnce premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without itrnivitig or of f ecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest Iau+- ful rate then allowed by the lotus of the State of Florida. Df any sum of money herein referred fo be not promptly paid u+ilhin 30 days next of ter the same becomes due, or if each and et+ery the ngreemenfs, sfipttlafions. condifiorts and covenants of said note and this mortgage. or either, are not fully performed, complied with •and abided by, then the entire ~ sum mentioned in said note, and this morfgnge, or the entire balance unpaid thereon::hall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable. anything in said note or herein fo the contrary notwithstanding. Failure by the mortgagee fo exercise any of the rights or options herein provided shall not consfifttfe a u+ait+er of any rights or options under said note or this mortgage accrued or Ihereti f ter accruing. ~n ~tt11eSS ~heCeof, the said mortgagor has hpretrnto signed and sealed these presents the day and year firs) above trriffen. Signed, sealed an delivered in the presence of : ~ . ~~y... _ q2c ~ _ , - j . i - I STATE OF FLORIDA, COUNTY OF St . Lucie ~ 1 HEREBY CERTIFY that on this day, lxtorc me, an otticrr duh• authorvrd in the Stair atorrsaid and in the County aforesaid to takr acknowledgments, prrsonally appeared Phyllis H. Powell, a single woman to me known to br thr person described in and who executrd the (orrQoinq instrument and she acknowledged before me that S11e rxrcutrd the samr. l i N`ITNESS my hand and official seal in thr County and Stat~• last atorrsaid this 14[1'1 day-of l December A. D. 19 79 i ~ ~ R GG - ; S Nofory ChM Rnf~ ~ ~ CLEF[ ~ :I~uR ~ ~ , RECOF t : ~ ~ G~utluiew [sr;ra. J.rr. ~ . , . . • ; - lKerrdnd by MNricfarr fin 3 Gsus>iyr ~ ' Doc ICI 2 s4 PM'T9 ~ ~ 449530 ~ y ~ I .....z,..• ' , I !%is /rtc~rant•a~ prrprrre'rl ly: F. A. HarrSs`"'"' ct 410 Orange Avenue I Fort Pi erne - ._~iR~277 _ - _ /nt ;