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HomeMy WebLinkAbout1743 • ; ?,f,a , !e and shall perform, comply with and abide ~y each and every tits agreements, sttpulattons, conditions and cot?enanls thereof, and of this mortgapa, Ihen this mortgage and the estate hsnby created, shall cease, de- termine a?Id 6e null and t?oid. • nlNe the mortgagor lien+by jwlher covenants and agrees to pay promptly when dtie the principal and interest and other sums o/ money provided for in said note and this mortgage, or either: to pay all and singular the faxes, .assessments, levies, liabilities, obligations, and encumbr+ttrtces of every Walrus on sold pro- perly: fo permit. commit or suffer no waste, impairment or deterioration of said land or the improvements lherec?t a! a?ly lime; to beep the buildings nou? or hereafter on said land fully insured in a sum of not less than N/A in n company or companies acceptable !o the mortgagee, the policy or policies to 6e 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 the right !o receive and apply the same to the indebtedneu he?eby secured, accounting to the mortgagor jor any st?rpltu: to pay all coals, charges, and .expenses, including lawyer a fees and fills searches= reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly and fully comply with the agreements, slipulntions, conditions and covenants of said note and this mortgage. or 'either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pa3 the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear Interest from dale thereof at the highest bw- (ul rote then allotuetl by-the laws of the State of Florida. i t.+t fRt/It •••~ne hnrPin rPlp.rPd to {rp not e+pmntly id within 1h~rtV (30~ days next a/ter the same becomes due, or if each and every the agreesie?tts, stipulations. rnnd[t[ons and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jorihwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not conslitufe a waiver of any rights or options under said Hole or this mortgage accrued or thereafter accruing. n ltlitSS heren ~ the said mortgagor has nto signed and sealed these presents the day and year first above written. Signed, seals and d~Iivered in he presence o/: w y~.~-~ ARIH[1R S . POWERS F F STATE OF FLORIDA, COU\iTY OF ~,~t ~ I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Stair aforesaid and in the County a[oresaid to take acknowledgmenu, personally appeared A1rPElUR S . POWERS to me known to be the prrson described in and who executed the [orcgoinq instrument and he acknowledged before me that ~ executed the same. WI"I:~IESS my hand and official seal in th?• C:ounty and State last aforesaid this 3rd day o[ J~uary A. D. 1980 . PUBLIC 1980 JAN 10 Pt~? 3~ t 5 MY OQM~IIS.SI~1 I•~IRFS FILEO xt.e FECO~:K U SLEUCIE COUtaiY.FLA• NOTARY Pt1Ell C STATE OF FLORIDA AT LARGE ~ RCGER POITRAS ~ C(.t:RKC1~C:liigqCOL ~j MY CO'MAtS5F0•~ ErPIP.ES JULY.18 1981 RFCCQn ~c.'. - 1- 60NDED THxU GEyERAI lNS. UNDERWRITERS , , ~~~,;u~,~ F,,,~l?~ r ~ i.Cc 4'722'13 ~ "!'/tis htrlrrannrt prcpnmd by: A, Panlpia P;~Ud era Title Ins . Cozp . .y 0'~~ l![lff.(f AAA a i~R ~'~""t'F lfi ttit ; 777 ?S. U. S. l u(Ji~ ' ~trliliili1??11ii Port St. Lucie, Fla. 33452