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HomeMy WebLinkAbout1731 • _ - - - - - and shall perform, comply u+ifh and abide by each and et+ery the agreements, stipulations, conditions and cavenants thereof, n?td of this mort~ape, then Jhi: mortgage and the estnte hereby created, shall cease. de- termine and be null and t•aid. ~nd the mortgagor Itere6y further covertnnts and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perly: fo .permit. rnmmit or stiffer no waste, impairment or deterioration of said land or the improvements IhP?!N`rt of arty limp; to ItPep the buildings now or hereafter on said land fully insured in a sum of not leas than •-~•-~----_-__~ull insurable value•------------------------------- in n contpa?ty or c-ompa?ties acceptable to the mortgagee, the policy or poltries to be held by, and payable to, said mortgagee, and in the event any sum of money bernmea payable by virtue of such instu~u?rtce the mortgagee shop have the right to receive and apply the same fo the indebtedness hereby sectued, accounting to the mortgagor for any st?rpltts: to pay all costs, charges, and expenses, including lawyers fees and tine searches, reasonably incurred or paid by the mortgagee because of the faihue of the mortgagor to promptly and fully comply u+ith the agreements, stipulations, conditions and rnvenants of said nose and this mortgage, or eillter: to perform, comply with and abide by each and every the agreements, stipulations, conditions and Col+PJta?tts set forth in said note and this mortgage or either. In the event the mortgagor jails io pay when due any lax, assessment, insurance premium or other sum of money payable by virtue o/ said note and this mortgage, or•either, the mortgagee may pay the same, without waiving or of/ecting the option to foreclose or any other right herPt?nder, and alI such payments shall bear interest from date thereof at the highest law- f ul rate `then allowed by the tau+s o/ the State of Florida. ~l env sum of mortPy hPrei.t re/erred to be not promptly paid wifltint2lree (3) days next after li thr some lire-o:::rs dt:r, er ij eiirh nnrl Pr+Prp the agreements, stipulations. conditions and covenants of said ~ J note and this mortgage, or Pifher, are not fully per/ormed, complied with and abided by, then the entire i sum mentioned in said Hole, and this mortgage, or the entire balance unpaid thereon, shall forthwith or JI tltereaJter, at ibP option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notu+tfhstanding. I'ailttrP by the mortgagee fo exercise any of the rights or options herein provided shall ?tot consfifette a u+airer of arty rights or options under said note or this mortgage ncerued or thereafter accruing. ~n ~itneSS ~hel't~f, flip said mortgagor has hereunto signed and Sealed these presents fhP day and year first above a+ritten. Signed, sealed and delivered in IhP prnsencP of RUSSELL K. BURD, II ~z~%~ - NANCY S~ BURD STATE OF FLORIDA, COC\TY OF ST. LUCIE. I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the Gounty aforesaid to take acknowledgments, personally appeared RUSSELL K. BURD, II, and NANCY S. BURR, his wife, to me known to lx the persons described in and who executed the foregoing instrument and t~7 acknowledged I+eiore me that they executed the same. «'I'1-\ESS my hand and official seal in the County and State last a(oresa%d this ~ ~ dap of January, A. D. 19 80. - % i9E0 ,1'rtit~ i 0 F~+ ~ 04 Public~~~tate of Florida at Large. My aocml,LS io e~ires FILEO tNC i•~Gt?ttill U i:u;ary puwrt, $;ate cf F~c:i,:a s! la-gg SLLUCIcCCUNiY.fla. ~!y Ccrarrs~.t::n :xI'~res :ept- I., t=:;2 ROGER PC17RA5 R,.u.o er ~ ,-:,y CLEFK CIRCUIT CCU:;'p , . J -`~C4 ~i to-'~~ - ` GERALD S . JAMES , Es ~Z1 1%is hwniuu-m prrpnrtrJ hy: 4 • .r, . POST OFFICE DRAWER 3351 it%/r?.'s ~1 FORT PIERCE, FL 33450 ~ (305) 461-2500 Pdl~~