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HomeMy WebLinkAbout0472 • and shall per/orm, comply with and abide 6y each and every the agreements, stipulationi, condttto?u and covenants the?eo/, and o/ this mortgage, Ihen this mortgage and the estate hereby created, ahaU cease, de- termine artd 6e null and ibid. ' ~Ulll the mortgagor hewby further rnvenants and agrees to pay promptly when dw the principal and interest and other sums of money provided for in said note and Ihls mortgage. or either: fo pay all and singular the fares, assessments, levies, liabilities. obligations, and~encumbrartces o/ every nature on said pro- perty;. to permit. commit or su//er no u?asle, impairment or deterioration of s-.td land or the improvements thereon at any lime; to keep the buildings now or hereafter on said land Judy insured in n stun of not less than FULL INSURABLE VALUE In n company or companies acceptable fo the mortgagee. the policy or policies to 6e held 6y, and payable to, said mortgagee, and in the event any sum o/ money becomes payable by virtue of such insurance fhs mortgagee shall have the right to receive and apply the same to the tndebtedness hereby secured, accounting to the mortgagor /or any surplus: to pay all costs, charges, and expenses. including lawyer i (ees and title searches. reasonably incurred or paid 6y the mortgagee because of the /allure of the mortgagor to promptly and /ully comply u+ith the agreements, stipulations, conditions and rnvennnts of said note and this mortgage, or either; fo perform, comply with and abide by each and every the agreements, stipulations, conditions and rnvenants set /orth in said note and thi: mortgage or either. In the event the mortgagor jai[, to pay when due any fax, assessment, insurance premium or other sum o/ money payable 6y vi?lue o/ said note and this mortgage, or either, the mortgagee may pay the same, without waiving or a//ecfing the option fo jorecbse or any other right hereunder, a?td all such payments shall bear interest from date thereof of the highest (aw- f ul rnte then allowed by the laws o/ the State o/ Florida. it u:ty sum o/ ma::ay l+erein selerred !o be not promptly paid within thirty days next a/te: the same becomes due, or it each and every the agreements, stipulations, conclifions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the en~ire- :um mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall /orfhwith or therea/ter, at the option o/ the mortgagee, become and be due and payable, anything in said note or herein to the contrary nofu+ithstandfng. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options tinder said note or this mortgage accrued or (hereafter accruing. n Iul~ II~f~O s the said mortgagor has lternirnto signed and sealed these presents the day and year first above u•rillen. Sig?ted. sealed and delivered in the prnsence n/: + ~ HEODORE R. LENNBX L~~~ - - - - - INNIE CE Ol( E + 0 ~ ! ~ STATE OF FLORIDA, ~ COUNTY OF St. Lucie ~ 1 HEREBY CERTIFY that on this day. before me• an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared THEODORE R. LENNOX and MINNIE LENNOX, his wife to me known to be the person S described in and who executed the foregoing instrument and they acknowledged txfore me that they executed the same. TYI7-NESS my hand and official seal in th+• C:ounty and State last aforesaid this day of January A. D. 19 80. J? I =~w~U ~ Notary Public . s Ale S8 . 1980 JAN -3 rot~iARY vt?8UC STAtE Of fIORIDA A'? lAf~ ~ : ;:'~~•~~i~~'- .1~, - F E~~NC RECOitUt U Mr COMMISSION EXIIRES AUG. 13 19'2 r s- • ~ a~l IECOUNTY.FLA. ecx~d)ED tMtt)GtNEW tN5 uNDERwRttERS ~ m;' "+r+ S ~.ERK CiRgit? t:OU T - " . " • ~ c~ r . ~ : o frlf~CfiM! VERIftEO J : • A rt . f 4'71381 - - • This instrument was prep.+rui i,•r: JameS C._Carel s First American Titte Gcmpaey l7iu hufnnnrn/ prrprrrrd by: St. Lucie County. inc. P. 0. Box 3719 11 AJdm~s - R. Pierce. Florida 33450 81mKe~~'N~ p~E i