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HomeMy WebLinkAbout1058 ' _.._~_..i-._-__---- and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and 6e null and twirl. Ind the mortgagor hereby /urthcr covenants and agrees to pay promptly when dos the principal and interest and other sums of money provided for in said note and this mortgage, or either: to pay all and singular the faxes, assessments, levies, liabilities, obltgattons, and encumbronces of every nature on said pro- perly; to penrtit, commit or suffer no u~asfe, impairment or deterioration of said land or the improvements thereon at any time; !o keep the buildings now or hereafter on said land fully insured in a sum of not less than SEVEN THOUSAND ONE HUNDRED SEVENTY TWO DOLLARS --40j100--------- in acompany or companies acceptable to the mwfpagee, the policy or policies to be held 6y, and payable to, said mortgagee, and (n the event -any sum of money becomes payable by virtue o{ such insurance the mortgagee shall Dave the right to receive and apply the same to the indebtedness hereby :scored, accounting to the mortgagor {or any surplus: 'ta pay all Costs. charges, and expanses. including lawyer's fees and tills searches, reasonably tnctrrred or paid 6y the mortgagee bemuse of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,• or either; to perform, comply with and abide 6y each and every the agreements. stipulations. conditions and covenants set forth in said note and this mortgage or either. 1n the event the mortgagor fails to pay when due 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 tuatving or affecting the option to foreclose or any other right he?eunder, and all such payments shall bear interest from date thereof at the highest law- ful rate then allowed by the laws of the State o{ Florida. - ~f any sum of money herein ref erred fo 6e not promptly paid within days next after the same becomes due, or if each and every the agreements. stipulations. conditions nrtd covenants of said note and this mortgage. or either, are hot fully performed, complied with •and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or Ihereajter, at the option of the mortgagee, 6ernme and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any -rights or options under said note or this mortgage scented or lherea jler at•c-nring. I r `~,M~ ` ~n ~~u1eSS ~het'enf, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed. sealed and delivered in the presence oj: n ~ Marie Smiley i E 111 STATE OF FLORIDA, cou:vTY of St, Lucie ~ T HEREBY CERTIFY that on this day, be(orc me, an ~ 'i officer duly authorized in the State aforesaid and in the County aforesaid to take arknowledgments, personally appeared 1 Marie Smiley to me known to lx the person described in and who executed the (oregoint; instrument and She acknowledged before me that She executed the same. ~YITl~ESS my hand- and ~((icial seal in the County and Stair last aforesaid this 27 day of March D. 1990 ~ ~ 4'~`7445~ ,~.J rdpiARti PWIIC iTATt Of %lC)R10~ '!4 u?~Gf ' . ~ : . '~-,f r L 28 t~l 3~ 52 13F+0 f E6 Mr co+r?rt~lsslow ~wtRes Ire= ~#~9ea , ~ f10rvDE0 irtRU GfHER/1L INS t(tdDgVI~ITER~; ~ ~liEO AtiU FtCGnuk U > . .~h St.LUCIECOUIItY.fIJ?. ~ `i, ~ ROGER POItRAS ~ _ . - .r' . CLERK CIRCUit CC'J. - ~ _.~?ST ~ C'C ;t1 . ! fl ~I l7iis hu~n»» c»~ prrpnrf~/ !ry: Tackie Talamine ~,/,/nom First National Bank of Fort Pierce 300 S, 6th St, , _P.O. Box 970, Fort Pierce, Fla, 33450 B~`~ -