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HomeMy WebLinkAbout1964 . , ~ and shall perform, tvrmply with and obidv by each and erery the agreements, stipulations, conditions and cot~enanta thereof, and of this mortgage, then this mortgage and the state hereby created, shall cease, de- - termtne and be null and twirl. T11N~ the t~orfgogor hereby further covenants and agrees to pay promptly when due the principal and interns! and other stems of money provided for in :aid note and ibis mortgage, or either: to pay all and singular the faxes. assessments, levies, liabilities. obligations, and encumbrances o/ every nature on said pro- perly; to petmil, commie or suffer no waste. impairment or deterioration of said land or the improvement therrcn at any time; to keep the buildings now or hertwjter on said Land fully insured to a stint o/ not less than full insurable value in n company or companies acceptable to the mortgages, the policy or poltcis to be held by. and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness herby secured, aceotsnttng to the mortgagor for any surplus; to pay all costs. charges, and expenses. including lawyeri fees and title searches, reasonably incurred or paid by the mortgagee because of the jailtsre of the mortgagor to promptly and jolly comply with the agreements, atipulationa, eondittons and rnvenants of said note and this mortgage, or either; to perform, rnmply with and abide 6y each and every the agreement. atipulationi. conditions and rnvenants set forth in said note and this mortgage or either. Iri the event the mortgagor jails to pay when due any tax, assessment, tnattronce premium or other sum of money payable by ~irfue of said note and tht mortgage, or eif,{ter, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof of the highest law- f ul rate Ihen allowed by the lows of the State of Florida. ~f any sum of money herein re(en~ed to be not promptly paid within 15 days next of ter the same becomes due, or if each and every the agreement, stipulations, conditions and covenant of said note and this mortgage, or either, are riot fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid therieon, shall forthwith or - thereafter, at fhs option of the mortgages, become and 6e due and payable, anything in said note or herein to the contrary notu.ithstonding. Failure by the mortgagee to .exercise any of the right or options herein provided shall not constitute a waiver of any rights or options tinder said note or this mortgage nccrtted or t?~erectftPr ocrrtung. ~n ~itntSS ~herenf, the sold mortgagor {ins hereunto signed and sealed these present: the day and year just atone written. sigr~d. Sealed and delirered in the prnsence oj: ~ - '=?yD ose A. Most ~c - - anice Most STATE OF FLORIDA, coL~TY OF ST, LUCIE, I HEREBY CERTIFY that oa thu day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, .personally appeared JOSEPH A. MOST~and JANICE E. MOST, his wife, to me known to be the person g described in and who executed the toregoinq instrument and they acknowkd~ed hetore me that they executed the same. VYI7'NESS my hand and otticial seal in the County and State last aforesaid this 27th day of February A. D. 19 80 ~ , ----~~f-== - ssion E ices: Notary Pub ate of Florida ~~--,a_t, , xP at Large _ - `o ~ ~ 1980 MAR -4 llf~ I1~ 16 ~ v- ,1.~ Q~ FIlEO htiC pfCOti0E0 i' f': J . - iy. r E Y -1 't ~i ~ ; tti`~tlM VER1FtE0 I7iu Ins~rumcn~ rrd b : S encer A . Gilbert ~ i P~P° Y P Addrxs P . 0 . Box 3388 , Ft . Pierce , F1 33450 a00