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HomeMy WebLinkAbout2206 • ~ i and shall pr?farm, romply with and tfbidP by P~cltt nfld P~'Pry f4P. dgIPPRIPIIfa, alipulafioni, conditions and rnvenanfs thereof. and oI Ihis morfgapP, flten f tis morfryagP and (he Psfafe hereby created, shall cease, ds- IPrmirlP a11rI I,P /IIIII Q?I(I 1'a1cl. i<in~ IhP mortgagor herc•hy (urlher covenants and agrees (o pay promptly when due the principal and inlPrnsf and other sums of money provided for in said Hole and this mortgage, or Pilher; fo pay all and singular fltP IaxeS. assessnlc•rtts, lPl•ies, lial,ililies, obligations, and encumbrances of every nature on said pro- perly: fo permit, commit or suffer no waste. impairment or deterioration of said land or the improvemenfa Iherrr•n of any time; to beep IhP buildings Hour or hereafter on said land fully insured in a sum of not less Ihan Nip in a company or companies acrepfable fo IhP mortgagee, the policy or policies to be held by, and payn6le to, said morfgagPP, and in the event any sum of marry becomes payable by virtue of such insurance the mortgagee shall Ital•P Ilte right fo rec-eivP and apply the same to the indebtedness hereby secured, accounting fo the mortgagor for any surplus; fo pay all costs, c•hargPS, and expenses, including lawyers f PPS and title searches. reasonably incurred or paid by the morlgaltPe bPCaIISP of the failure of the mortgagor fo promptly I and fully romply with the agrPemerlfs, stipulations, conditions and cotenants of said note and this mortgage, or Pilher; to perform, comply urilh and abide by each and every IhP agreements, slipulnfions, conditions and col'ertarlls set forlll in said note and this mortgage or either. In the erenl the mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this I mortryagP. or either, the morfgagPP may pay the same, without waiving or affecting the option to foreclose or any other ri~thl hereunder, and all such payments shall bear interest from date thereof at IhP highest lnw- I fuI rate then allowed by the laws of fhP Stale of Florida. - i~ any sum of money herein rejPrred fo be not promptly paid urifhin 30 days next of ter the sump becomes due, or if Pach and every the agreements. stipulations. conditions and covenants of said note and Ihis mo?1gagP, or either, are not fully performed. complied with and abided by, then the entire sum mentioned in said note. anti Ihis mortgage. or the entire balance unpaid thereon, shall forthwith or ~ thereafter. al the option of the morfgagPP, became and 6e due and payable. anything in said note or herein to the contrary nofu'Ifhstanrling. Failure by the mortgagee to exercise any of the rights or options herein I! provided shall no! constitute a waiver of cult' rights or options under said note or this mortgage accrued or therm(ter arrnlinq. i ~n ~itneSS thereof, thr• Bald mortgagor has herPlrrtta slgnPd and sealed theSP preSPR15 the day and year f irsf above u•rillen. f Sind. sealed and delivered in the prese•nre of : . w~ \ . r s - , GU)S WJ LENNARD " . MARTHA B. LENNARD 6~ . E I I S"TATE OF FLt)KID:~, ccit~~7~Y c rF St. Lucie ~ I IiEREBY CER7-IF1' that on this day, before me, an t.f(itrr dale authori?rd in the State aforesaid and in the County aforesaid to take, acknowledgments, personally appeared GUS W. LENNARD and MARTHA B. LENNARD, his wife, u• m.• kn•s.n u. IM• th.• rsonS deuril,ed in and who ezer•uted the foregoing instrument and they acknowledged Iw•fun~ nu• chat they rzrr uteri the same. 1~'IT\F.SS rns• hand and official seal in the County and State last aforesaid this day of I ~ I December n. t9 79. NOTARY PUBLIC '~19 ~~C 26 ~ f: ~ 39 ,I FILE^u et.C ~ Ff.L'a.l:„ MTlfaGAL Ifial I ST.LU~'IE Gir!:NTY.F: A. '~~d Ffori4~ ~ Larye ROGER POITfiA5 ~1~K~I~r~t.turte16.1881 CLERK ChCl1iT-al,(t j~ - • • tFF~7±1 YCRtrli 7 c~~/ ~~•ss,~r.ur•.., t _ , %tin /tccmatu~ir~ /rr?/+rrrrJ lr y"%:'=~'- •;L-.; r ~ J e..•.~ _ / r•~nt / ¦ Vii - ~ -