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HomeMy WebLinkAbout0908 _ and shall perform, comply with and abide by each and awry the agreements, aflpulations. conditions and cownanb thereof, and of this mortgage, then this mortgaga and the estate hereby created, shall caws, de-. terrttne and be null and void. the mortgagor Newby further rnusnanta and agrees to pay promptly when dw the principal and interest and other soma of money provided for to said note and this mortgage. or either; to pay all and singular the taxes. assessments, !sates, liabilities, obligations, and encumbrances of every nature on said pro- perty; to permit, commit or suffer no waste. impairment or deterioration of said land or the improvements thereon at any time; to beep the butWtngs now or hereafter on said land /ally insured in a sum of not less ehan its full insurable value, in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event nny sum of money beeomea payable by virtw of such insurance the mortgagee shall have the right to receive and apply the same to ilia indebtedness hereby secured, nerounting to the mortgagor for any aurpltu: to pay all costs, charges, and expenses. including lawyer's fees and title aearchea, reasonably incurred or paid by the mortgagee because of the failuro of the mortgagor to promptly I and fully comply with the agreements, stipulations, eortditiona and covenants of :aid.note and this mortgage. or either: to perform, comply .with and abide by each and every f!:~ agreements, stipulations, conditions and couenanta set forth in said note and Chia mortgage or either. In the event the mortgagor jails to pay when dw nny tax, assessment, insuronce premium or other sum of money payable by vtrtw of said note and this mortgage. or either, the mortgagee may pay the same. without waiving or nj/acting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lnw- f ul rate `then allowed by the laws of the State of Florida. ~l any sum of money herein refereed to be not promptly paid within }j~i~y(~~ days next after the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either. are not /ally performed, complied with and 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 of the mortgagee, become and be dw and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee fo exencfae any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or 1 thereafter accruing. ~n ~jNIt~SS ~he~etaf, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed sealed and delivered in the .ace oj: ~~D . Il. ~ D~1ii0RES - - 4 i ~ STATE OF FLnRIDA, ~ GOUNTY OF ~ ~ •~.,w~ I HEREBY CERTIFY that oa this day, before me, an officer duly authorired in the State aforesaid and in the County aforesaid to take acknowledgments, personalty appeared EARL L. LIltIDSEE:Y and LIl~I[.Y~ »ARES LIl~ID6F,'Y, - his wife . to mC known to be the persons dexribed in and who executed the foregoing instrument and taikwQvdtdaed before me that they executed the same. - r VYtTNESS my hand and official seal in the County and State last aforesaid this . ~ ~.83* of i - ~~T,. 1 ~ r ~I - n~ ~ i~ ~.....7.~~-~g~~,.i----------- ~ - PUBLIC ~r~~itrt,uutii'`~~\ I f; My CoRmission ~cpires: Notary P~t':1ic, c.at~ ni Fla•i~!a et la ;e ~ ; t~.._.~ : _ ~ ~ i~ t N F j Zhis instrutlent prepared by: i Aobert J. Gontk~n, Esq.. , 1! Brendan, McAliley, Hayskar, j McAliely & Dec~sert, P. A. Post Office Box 3779 ; ~ Fort Pierce, Florida 33450 s I ~ ~l~ 906 ~ I