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HomeMy WebLinkAbout0202 • ~ 1 ~ 1 and shall j>Nrform, comply with and abide by Pach and e1~Pry ttie agreements, stipulations, rnnditions and ~ cotenants thereof. and of this mortgage. then ttiis mortgage and the estate hereby created, shall cease, de- termine and 6e ~tutf'aeiil toit~ t n .r A ; Iin~ Itie mortgagor hereby ft??ther cavPnanis and agrees fo pay promptly when clue the principal and interNSt and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the taxes. assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perly: to permit, commit or suffer no u/aste, impairment or dete?iorofio?t of Bald land or the improvements thereon nl any tlmP; to keep Itie buildings now or tiereaf ter on said land fully insured in a sum of not leas than X25,000.00 in fire and windstrom insurance. f in a company or companies nc-ceplable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have ttie right to receive and apply the same to the indebtedness hereby secured, accounting to ttie mortgagor for any surplus: fo pay all costs, ctia?ges, and expenses, including lawyer's fees and title searches. reasonably incurred or paid by the mortgagee becatue of the failure of the mortgagor to promptly and (ally comply with t11P agreements, stipulations, conditions and rnvenants of said note and this mortgage, or either; to perform, comply urtfh and abide 6y each and every the agreements, stipulations, conditions and cotenants set forth in said note and Ihis mortgage or either. In the event the mortgagor falls to pay when due any tax, assessment, insurance premium or other sum of mo?INy payable 6y virtue of snid note and this mortgage, or Niftier, ?hN mortgagee may pay the same, without tuniving or affecting the option to foreclose or any OttiNr ?Ighf here/1I~dPr. and all such cpaymentsr-shall bear interest from date thereof a! the highest lain- lul /a1P ttiP?1 allOll~ed by ttiP la lees Of ttiP Sta1P O( I-lO/Ida. `s any sum of money herein rP(ened to bP not promptly paid within 30 days next of ter ~ ~L thN same becomes due, or if each and etery the agreements. stipulations. conditions and cotenants of said ?lote and this mortgage, or either, are ?lot fully performed, complied urith •and abided 6y, ftien !tie entire j sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, bernme and be due and payable, anything in said note or herein I to ItiN contrary nohnithsfanding_ Failure by the mortgagee to exercise nny of the rights or options herein ~ protidNd shall not conslih?te a Ivaiver of any rights or options under said note or this mortgage accrued or IhNrraflrr accruing. ~n ~itneSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents !hN clen and yNClr first abate urrillNn. I $igllPd. Sealed an ~ ~PrPd 111 the preSPI1CP Of I ` ~J. - p Idella Lamb _ ~ I r ~ I STATE nF FLORIDA, COL'tiTY OF St . Lucie ~ I tiisR£uY i:ERTiI'Y that c,n this day,- before mr, an ollicer duh• authori?ed in the State aforesaid and in the Count}• aforesaid to take acknowledgments, personally appeared Idella Lamb, a single adult. to mr• known to Ix. the person described in and who rxecutnl the foreQOinq instrument and She acknowledged I before me that She executed the same. I ~ i ~~'IT~F.SS m}• hand anal official seal in thr• Count}• and State last aforrsaid this 28th daY °t i December n. ly 79 ~ I ? ~..c~rwr-~-~-~- _ - - - ~r µlk, >taa .I rbtti; .1 0 1979 OEC 3 I P!t r 3 I II EILEO ANU PECUitiit U ~I St.lUC1EC0UNiY.f A. Rp(~ER POITRA~ aEAK c1~cu1T ca - j RECRRDYfR1FIE0_-=4~"_" - - • 4'71216 ~~~V... ~ '.ra•, 1 %is hts~ni~nr~rl pr.F~rr?J by: F. A. Harris 410 Orange Avenue .1r1Jr[_ic Fort Pierce, Florida 'I 33450 6~~ ~4CE ~ ~ i