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HomeMy WebLinkAbout0521 • and shall perform, comply with and abide by each and every the agreement, stipulation's. conditions and covenants thetas/, and of 1ht mortgage, then tht mortgage and the estate herby created, shall cease, d.- termine and 6e null and void. the mortgagor hereby further eovenanfa and agrees to pry promptly when dw the princlpnl and interest and other sums of money provided (or In sold note artd tht mortgage, or either: to pay all a,td singular 1hs faxes. asatessmenta, Isaias. liabtltties, obligafiona, and encumbrances of ei?ery nnttu+e on said pw- periy; fo permit, commit or suf jar no waste, impairment or deterio?atlon of said land or the improvement ther+ecn at any lime; to Ieeep the buildings now or hsrea(ter on sold land juUy insured to a sum of not less than to a company o? companies acceptable fo the ~ mortgagee. the policy or policies to bt held 6y, and payable to, soid mortgagee, and in the event any sum of money becomes pnyabb 6y virtw aj such tnaur+artce the mortgagee shall have the right to receive and apply the same to the indebtedneu hereby secured, aceottnting to the mortgago? for any surplus; to pay all cosh, charges, and expenses. including lawyer i fees and title searches, reasonably incurred or paid by the mortgages bemuse of the (alltu+e of the mortgagor fo promptly _ and fully comply with the agreements, stipulations, rnndtttons and covenants of said note and this mortgage, , or either; to perform, comply with and abide by each and every the agreements. stipubtions. conditions oral covenants set forth in said note and this mortgage or either. /n the event the mortgagor /Hilt to pay when due any tax, assessment, insurance premium or other stun of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without wniving or of /acting the option to foreclose - or any other right hereunder, and all ouch payment shall bear interest from date thereof at the_ highest Iaw- (ul mte then allowed by the Iau~s of the Stnte o/ Florida. any sum of money herein referred to 6e not promptly paid within days next alter the same bernmes due, or i( each and every the agreements, stipulations, conditions and covenant of said note and this mortgage, or either, are not jolly performed, complied with and abided by, then the entlro stun mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exeecise any of the right or options herein provided shall not constitute a waiver of nny rights or options under said note or tht mortgage accrued or .thereafter accruing. .~~~M n RII~ r the said mortgagor has hereunto signed and sealed these presents the day and year first above u~rilten. Signed, sealed and delinere to the presence o(: ~ L E r I STATE OF FLORIDA, Florida COUNTY OF S t . Luc i e I HEREBY CERTIFY that on this day, be[ore me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknawledgments~ personally appeared James L Tyson and Karen L. Tysonr his wife to me known to be the perso$ described in and who executed the [orcgoinq instrument and they acknowkdaed before me that they executed the same. 1hI'1'NESS my hand and official seal in the County and State last aforesaid this 28th:,>•-(~Gr(. `~}y'•,of\ lday A. D. 19 79 • ~yf~. ~y~ . :t ! = = S . l~ / v ' . 1tpRAtT /UKI~ STA1E OF ittJRl!#'~G ` ~ . vl'lvaas' . F! U ~hC tt IlAtftO fttY ~IiMAlSSIOlti Elvlf!$ AA~.~ st`i~tcfc co- ~r.Fis1. eowtaco ne,u cE,~t fro. tff~eawb>as - Rdtil:R f~TRAS \ CIERX GtRCSNt 1 ~ 8 4'71419 f I7ics 1,11t1„lllll,t prpaad by: Tyson riR ~dd,~Rt. 1 box 933 Ft. Pierce, F la 33450 e~'OK`^:•V PlGE e~2~, I