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HomeMy WebLinkAbout0846 • and shall pe?jorm, comply with and abide by each and ttvl~y the ogreerrtenta::tlpulatioris, conditions and covenant: !basso(, and of this moNgape, then this mortgage and the estata hereby c?eated, shall ease, de- fermtns and be null and void. ~Ild fht+ mortgagor hereby further eovertartta and agave, to pay promptly when dw the prtnctpal and interest and other store of money provided jor in said note and thin mortgage. or either; to pay all and singular the taxes, assessment;. Isuiei, Ilabtlltles, obllgaflons, and encumbna?teei of every nature on said pro- perfy; to perm[!, commit or suffer no waste. trrtpatrment or defsrior+ation of said land or the improvemen4 thprecn at any time; to beep the buildings now or hereafter on said land fully insured in a sum of not less than Hi8hest insurable value In a rnmtsany or companies acceptable !o the mortgagee, the policy or policies to bt held by, and payable to, said. mortgagee, and In the event any sum o/ money becomes payable by viHue of such Insurance the mortgagee shall have the right fo receive and apply the same to the Indebtedness hereby secured, accounting to the mortgagor jor any atrrplus: to pay all cosh, charges, and expenses, including lawyer's jest and title searches, rtwsonably incurred or paid by the mortgagee because of the jaflure of the mortgagor to promptly and fully comply with the agreements, sttpulntions, conditions and rnvenanfs of said note and this mortgage. or either; to perform, comply with and abide by each and every the agreements, atfpulatioru, eondlttons and covenants set forth In said note and this mortgage or either. In the event the mortgagor /alb to pay when due any tax, assessment, inatunnce premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same. without tuatving or ajjecfing the option to foreclose or any other right hereunder, and all such payments shall bear interest /rom date thereof at the highs!! bw- jul rate]`then allowed by the laws of the State of Florida. - 7L any sum of money herein referred [o be not promptly paid within 30 days next offer the snore becomes due, or ij each and every the agreements, stipulntfons, conditions and covenants of sold nota and this mortgage. or either, are not jolly performed, eomplled with and abided bv. then the entire sum mentioned in said note, and Ibis mortgage, or the enttr+e I>rtlana unpaid thereon, .shall forthwith or fhetreajter, at the option of the mortgagee, become and be due and payable, anything in sold note or herein to the rnnfrory notwithstanding. Failure by the mortgagee to exercise any of the sighs or options herein provided shall no! constitute a waiver of any rights or options under said note or this mortgage accrued or fhereajfer accruing. ~n ~~~f, the said mortgagor has hereunto signed rend sealed these presents the day and year jirsl above written. Sig ,sealed and deli,~~ered in the presence oj: l - \ / - :1.4~..--•---• ~ - - - . --E• ---~--ONES'- `-<<':-~:-~.-....... E. WAYNE R RS STATE OF FLORIDA, COUNTY OF St. Lucie 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 - EDDIE M. JONES, JR. and E. WAYNE ROGERS - to me known to be the person Sdcscribed in and who executed the foregoing instrument and they acknowledged t j tx[ore me that they executed the same. Wt1;WESS mq hand and official seal in the County and State last aforesaid this 26th day of February A. D. l9 80. 9 _ E s NOTARY PUBLIC AA,1 { i! J,1 `~f i'~r ` f~ R ~ V i V ~~q~ ~ 5I. Lt~M Ct7tttt t Y. f : ~ . MTIrGA L IMII FAGEit i'OITi< t5 t~tlr l1Me ltM. d t~ m t.erye { . Cs,.Ct:.'T cc CoffttftMMon . C.ERF ~ t~irM Jot» t 6, t 98.t'j- • ~ ~j1 r ±SiF.S• Tits Lulnr»trni prrpa?rd by: ' I