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HomeMy WebLinkAbout2186 and shall perform. comply with and abide 6y each and every fits agreements, stipulations. conditions and covenants thereof, and of this moHgage, then this mortgage and the estate hereby c?eated, shall cease, de- termine and 6e null and void. ~ilLffi tha mortgagor hen~by further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for to said note and this mortgage, or either: to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbronces of every nattare on said pro- perty: to permit, commit or auf ter no waste, impairment or detertor+tifion of said land or the Improwmenb thereon at any time: to keep the buildings now or herraf ter on said land /idly insured In a sum of not less than THIRTEEN THOUSAND SIXTY FIVE DOLLARS _-60/Y00----------------------- in a rnmpnny or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any stun of money becomes payable 6y virtue o/ such instuartce the mortgagee shall hove the right to receive and apply the same to the indebtedness hereby secured, aceotanttng to the mortgagor for any aurplw: to pay all costs. charges, and expenses, including inwyeri fees and title searches, reasonably incurred or paid by the mortgagee bemuse of the failure of the mortgagor to promptly and fully rnmply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either: fo perform, comply with and abide 6y each and every the agreements. stipulations, conditions and covenants set forth In said note and this mwtgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said Hole and this mortgage, or either, the mortgages may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- f ul rate then allowed by the Laws of the State of Florida. ~L any sum of money herein re(e?red fo be not promptly paid within days next after the same becomes due, or ij each and every the agreements, stipulations. conditionu and covenants of said note and this mortgage, or either, are not fully performed, complied with;~nnd abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option o/ the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights o? options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~ltfltSS ~heCtof, the said mortgagor has hereunto signed and sealed these presents the day and year tint above written. ~-~i _ Sigr,"esld, sealed and delivered i the presence of )Lawrence ones A~ ----.~z~' - - - ' / Susan L. Jones STATE OF FLORIDA. COUNTY OF St. Lucie _ I HEREBY CERTIFY that on this day. bdore me. an officer duly authorized in the Stair aforesaid and in the County aforesaid to take ackoowkdsments, perwnaUy appeared Lawrence E. Jones and Susan L. Jones, his wife to me known to bt the person described in and who executed the foregoing instrument and they acknowkdsed ixfore me that they rzrcuted the same- - _ nd official seal in the County and State last aforesaid this 28 day of Dec . A. D. 19 79 •r `'4 ~ - n L, ~ _i~~ i~~ N(~TA~~ VU~IIC `ilAf! 'JF FLORIDA Al L/1~'# ' ` . - ~ Mr toNUUSSton fxvtRts rru?Y 13 I9tta ~ ~ IONOED iFtRll GE1VfRAt DNS :1td0fRWRtiERS ..:alb • . ~ai FILEO ItNO HECUk[~!0 ST. LUCIE CCUN t Y. Fl ti. ROCsER POITRAS ctt:aic clRCwt ca~rr - RECOr.9 vERtrf~-;1-- c~;QC~ _ Thu huiru„ttin prepared hy: Jackie Talamine - Add,rss First National Bank of Fort Pierce M P.O. Box 970, 300 S. 6th St., Ft, Pierce, Fla. 33450 gQ~~1~:.J PAGE~~