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HomeMy WebLinkAbout0701 and shall prrjorm, comply u~illt and nbIde by each and every the agreements, :tipulafton's, conditions and ~ c01•rr1Q/1fS t1lerPOj, and o/ this morfgape; then this mortgage and the estate hereby created, shall cease, d.- fPrmi/le arld hP rlldl alld POid. end the mortgagor {IPrrby lurlher covenants and agrees b pay promptly when due the principal and interest a?Id other s[/ms of money provided jor in said Hole and this mortgage, or either; fo pay all and singular fhP fares. assessments, levies, ~ liabilities, obligatio?IS. and encumbronces of every nature on said pro- pe?fy: to perntil, committtor stljjer rto waste, impairment or deterioration of said land or the improvements ~ IherPr•n at any limp; fo RPPp fhP buildings now or hereafter on said Innd fully insturd in a sum of not less than full insurable value i?t a tvrnpurly ur t•srnilltulil'S ucceptuble to the mortgagre, the policy or polirtcs !o he held by, and payable to, said mortgagee. and in f11P event any sum of money becomes payable 6y virtue of such Insurance the mortgagee shall hat~P the right to rr/•eive aril apply the same fo the indebtedness hereby secured, accounting fo IhP mortgagor jor any s1lrpllls: fo pay all costs, charges, and expenses, including lawyers jeer and title i senrchrs. reasonably i?tcurred or paid by 1hP mortgagee because of the failure of the mortgagor to promptly i and fully comply u•ilh the agreements, stipulations, conditions and cvvenants of said note and this mortgage, ~ or eilller; fo perjo?m, comply with and abide by each and every the agreements, stipulations, conditions and t i covPnartls set forth ir1 said note and this mortgage or Pifher. In the event the mortgagor jails to pay when due any tax, assessmrnt, insurance premium or other sum of money payable by virtue of said note and this i mo?fgage, or either, the mortgagee may pay the same, wtlhout waiving or aJf ecting the option to foreclose or any olhrr right hereunder, and all such payments shall bear interest from date thereof at the highest law- jlll rate lhPrl QllOtlred bV the Ia11~S Of the $fate Of Florida. ]F f l` any sum of money herein re(Prred to be not promptly paid within ten days next after the same becomes dtlP, o? i j each and rvery Ilse agreemPrtls, stipulations, coltdilions and covenants uj said note and this mortf~age, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said dote, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of t11P morfgagPP, become and be due and payable, anything in said note or herein j to the contrary notu•idistanding. FaiGrrr by the mortgagee fo exercise any of the rights or options herein prol~idell shall not constitute a u~aivrr of any rights or options wider said note or this mortgage accrued or I thrrea jlrr acf?Ilfrlg. 1 I ~n ~~tness. thereof, tllr said morfryagar hos hrrnllnto signed and scaled these presents the day and yrar firs! above u•riffen. Signed, sealyd delinrred in the pres ncP oj: l Tho s Wayne Beane ~ . Ti Maria ennet - i STATE OF FLORIDA, ; COCITY OF $t , Lucie . I HEREBY CERTIFY that on this day, before me. an 1 officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgmenu, personally appeared THOMAS WAYNE BENNETT and TINA MARIA BENNETT, his wife, to me known to Fx the person 3 described in and who executed the forcgoinq instrument and they ackrawkdRed Ix(ore me that they caccuted the same. ? ' N~17~'.NIESS my hand and official seal in the County and State last aforesaid this /Z~~ day of y ~v A. D. 19 ~0 . e'.•. 'Sr' , - _ 9 :'R:+1 . ~ ' _ I?~y,."~~f~si n Expires . Not ublic Late of lorida `t ~ ~ at Large f' ~ ~ 1960 ' MY C0.4,lui~S;tt) ~ p;ti=s ev'r. 3^ 591 faO~lx, t •:S t~~iJ_P..:='ERS SLL=lr,=E CGJ;1TKFc1?. ~ FtOGzft p01TRAa 3 CLEhI(CIaCUIi C(tU~t~ 4772 TJris hts~rumnll prrpnrrd hy: Spencer B . Gilbert A/fdreu P . 0 . Box 3388 Fort Pierce, Florida 33450 6C10~1(~ PAUF i