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HomeMy WebLinkAbout0527 ' t i and shell perform, comply with and abide 6y each and artery the og?eemenb, attpubtiats, eortditforts and cotfertont: thereof, and of this mortgage. then this mortgage and the estate herby created, shall cease. de- j termine and bs null and void. nlt~f~ she moregago. Newby f urfher eovenanb and ogees to pay promptly wh.n dw the prirtctpa! and i interest and outer sums o/ money provided for in raid note and thin moNgage, or either; to pay all and singular the taxes. assessmenb, levies. Iiabtljttes, obligations. and encwnbronces of every nnlure on said pro- perty; fo permit, commit or suffer no u~aate, impairment or detertorntion of said land or the improvements 1 thereen at any time: to 4eep the buildings now or hereafter on said land fully iruured in a stun of not less i than highest insurable value. in a company o? companies acceptable to the mortgagee, fire policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable. by virtue of such instuancs the mortgagee shall bane fhg right to receive ar:d apply the sarmtt !o fire indebtedness hereby secured, acrountirtp to the mortgagor for any surplus; to pay all costs. charges, and expenses. including lawyer's fees and tills searches. reasonably incurred or paid by the mortgagee because of rite failure of rite mortgagor !o promptly j and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. # or either; to perform, comply with and abide by each and awry she agreemtenb, stipulations, oandttions and covenants set forth in said note and this mortgage or either. ?n the event the mortgagor fails to pay when date any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either. the mortgagee may pay the same, without waiving or effecting the option fo foreclae or any other right hereunder, and aII such payments ahoU bear interest Jrom date thermrf at the highest law- ; f uI rate then allowed by the laws of the State of Florido. ~L any sum of money herein referred to be not promptly paid wit?ttn Fifteen days next niter the same becomes due, or if each and every the agreements, stipulations.- conditions and cownanta of said note and this mortgage, or either, are not fully performed, rnmplted with and abided 6y. titan the entire I sum mentioned in said note. and this mortgage, or the entire balartca unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything to said note or herein to the rnntrnry nolwifhstanding. Failure 6y the mortgagee to exercise any of the right or options hentn provided shall not rnnstitute a waiver of any rights or options under said note or this mortgage occrtied or fhereafler accruing. - ~n fV~~ ~~~lr f?te said mortgagor Itas her+eunfo signed and sealed these presents fire day and year (first stow written. Signedf. sated and 't?e in fire presence o/: ~ - L.S. s r -S - rsa ~ L.S. Wi a-ss = - L.S. i ~ - L.S. a - r STATE OF FLORIDA. covNTY of ST . LUC I E ~ 1 HEREBY CERTIFY that on this day. before tee. as officer duly authorized in the State aforesaid and in the County aforenid to take acknowledgments, personally appeared Richard S. Piersall ~ to me known to be the person desrn'bed in and who executed the foregoirtx imtrurnent and Who ackttowledsed before me that he executed the samr. WITNESS my hand and oifieial seal io the County and Sute last aforesaid thu p~ca~ ~ d ! - - ~~r~l'ii f/l( f ~ A. D. 19 80 . i.,. NOTARY PUBLIC ~ i+f` • ' : r~ ' = ~ MY COMM SSION EXPIRES : ~ ' ?~;r.~',-`~ Moue+? ~K mn>~ ~ tom~,~ ~ , five f~t~t>~tt~t tfl~SfMTii~.r r ~aoea ~ GENERAL INS. tIN6Ell1N!ll i f Thu Inarumrnt ~rp~ard by: Linda Sanderson 80 Ki~ pAGf Addrrss CHEL~EA TITLE & GUARANTY COMPANY 201 S. 2nd Street Ft. Pierce, F1 33450