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HomeMy WebLinkAbout2784 artd shall perform, comply wish and abide 6y each and every the ogreements, slipubtton's, conditions and covenants thereof, and of this mortgage, then thin mortgage and the estate hereby created, shall cease, de- termine and 6~ null and ediil. ni1i1< the morigagor hereby f uriher eovenants and agrees !a pay promptly when due the principal and _ interest and outer stems of money provided f w in said note and this mortgage, or either: fo pay all and singular the faxes, assessments, levies, Itabilitiea, obitgattons, and encumbrances of every nature on said pro- perty; fo permit, rnmmil or suffer no waste, impairment or deterioration of said land or fire Improvements thPrPCn at arty time; to {reap the btrtldtngs now or hereafter on said land Jully insured to a sum of no! less than ~ in a company or companies aecPptable to the mortgagee, the policy or policies fo be held 6y, and payable ~ fo, said mortgagee, and in the event arty sum of money becomes payable by virtue of such insurance the ~ mortgagee shall have the right to receive and apply the same to the indebtedness hereby sects?ed, accounting to the mortgagor for any surplus; Io pay all rnsts, charges, and expenses, including lawyer's fees and tale i searches, reasonably incurred or paid 6y the mortgagee because of the failtue of the mortgagor to promptly + and fully comply u,ilh the agreements, stipulations, rnnditIons and rnvenants of said note and this mortgage, or either; fo perform, comply with and abide 6y each and every the agreements, stipulations. conditions and cotenants set forth in snid note and this mortgage 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 mortgagee may pay the same, without waiving or affecting the option !o foreclose or any other right hereunder, and all such payments shall bear interest from dote thereof at the highest law- ful MIP then allOltrerl by f{IP hlu~S Of IhP State Of Florida. arty sum of mo?tey herein relPned t0 be not promptly paid within thirty day: next after the same becomes due, or ij each and every the agreements. stipulations. conditions and covenants of snid note and this martgactP, or either, are not fully pert armed, complied with and abided by, then the entire sum ntertttoned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or Iherea{ter. of the option of the mortgagee, become and l)P due and payable, anything in said note or herein to the contrary notu+ithstanding. FailtrrP by the mortgagee to exercise any of the rights or options herein prat+idP<l shall not constitute a wait+Pr of day rights or options under said note or this mortgage accrued or Iherna(IPr accruing. ~ ~n ~~u!¢SS ~Iteeenf, thr said morlga9ur Irns hereunto signed and sealed these presents !hP day and year f i?sf above a+riffen. Sig ea and delivered i?t fire pr sP CP of DAVI E. LIDDLE f - - - - f i 3 STATE OF FLORIDA. ~ r t crn3~TV c)F ST . LUC I E I 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 DAVID E. LIDDLE to me known to be the prrson described in and who executed the foregoing instrument and l1e acknowledged L Ixfore me that he executed the same. H'17:\ESS my hand and official seal in thr County and State last aforesaid this //-u daY ~ ? January A. D. 198U. - • I 11A1A~ MLK STA1F ~ Aftttna at tsMi ` ~ I990 JAr,t i 6 - wc,~AllY talc suiE a ttatltaA AT uytpit PI: ~ 2S r y_ ~ MV CAMMISSION E7~IIRfS AIIC.• 11 l7iZ ~ v~ fILEO RNQ tK COkI:ED _ ~ tFltl 1~• IINOERvVR11EeS ST.IUCIECOJtITY.FIA. ' y " ROGER POITRAS ' ` ` t ~ _ CLERK CIflCUiT COUR~+ C t This instrunre~t ~ca~ yr>a<:~~+.t t:y _a.~.--~t=a~ S 17ru hu/rrmtcu! prrpnrd hy: First Amcr?c:+,~ ~~;~e Cnrnpa,~•; ~Idrt'mu St. Lt;cie Cour+ty. lac ~ n P. 0. Box 3719 ~L~ ~AG~~~• ~ Ft. Pierce, Florida 33450 BOOK