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HomeMy WebLinkAbout2111 and shall perform, comply with and abide 6y each and every t/t. agreerrtertb, stlpntat;arte, oondttiorta artd eovertants thereof, and of tht: morfgape, then this mortgage and .the state hereby created. shall :rase, de- termine and be null and cold. the mortgagor hereby jttrther covenants and agrws to pay promptly velvet due the prtnctpal and lnterrsl and outer aunts of money provided jar in said note and th4 mortgage. or ~ithsr: to pay all srtd ~ singular the taxes. asseasmenb, levies. liabilities. obligations. end encumbrloncw of eory nature on said pr}a- perfy; to pe.~iit, commit or suffer no waste. intpairnttrtt or deferioratton of said land or the isnprotre~rtertts fhencn at any time; to beep the buildings now or here:/ter on sold land jolly insured to a sum of not less ehan highest insurable value. in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payabb to, said mortgagee, and In the event any start of money becomes payable by trirtw o/ such lruur+artce the mortgagee shall haw the Aght to receive and apply the same to the indebtedness hereby secured. acootutttrtg to the mortgagor for any surplus: to pay all ewts, charge:. and expenses. irtcltdirtg lawyeri fees and titb ssarrhea. ?easona6ly incurrod or paid by the mortgagee because of the failure of the mortgagor to promptly and jolly comply wtt?t the agreements, stipulations. oandiflona and covenants of said note and this mortgage. a either; to perform, comply with and abide by each and awry die agreements, stipulations, eortditions artd covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, truuranee premium or other sum of money payable by virtue of said note and this mortgage, or either. the mortgagee may pay the same, without evaiving or aj/ecting the option to joreeloee } or any other right hereunder, and all such paynttnb shall bear interest from date thereof at the highest law- jal rate then allowed 6y the laws of the State of Florida ~l any sum of money herein re(ened to be not promptly paid wteltin FIFTEEN days next after j die same becomes due, or tj each and every the agreements, attpulationa, conditions and covenants of said note and this, mortgage. or either. are not jolly perjonned, complied with and abided 6y, then the entire sum mentioned to said note. and this mortgage. or the entire balance unpaid thereon. shall jo'thwtth or thereafter, at the option of the mortgagee, become and 6e due and payable. anythtrtg in sold note. or ltarin to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall real constitttie a waiver of any rights or options under said note or this mortgage at~crued or ther+eajter accruing. ~ ~11[[[V!r the said mortgagor Etas herrunto signed and sealed these presents the day and year fiat above written. ~ i Signed, sealed and deliae the presence oj: ' t -4---- - i L.S. n s o ames F. Steenhill j ....k- L.s. , Witness I I L.S. L.S. r STATE OF FLORIDA~Q COUNTY OF ~ . d~ t~-c.~~ " • I HEREBY CERTIFY that oa this day, before me, an officer duly authorized in the State aftx+esaid and in the County aforesaid to take acknowled6ments, personally appeared JAMES F. STEENHILL to me known to be the person deacn'bed in and who executed the fortaoirgt instrument and Who ackrwwledged bet me that he executed the same. WITNESS my hand and ofticW seal in the County and State last aforesaid this e~ 9 ~ day of . - J~V' A. D. 19 80. - ('IAI~ o - J 4,713085 -Notary Public ~4 P!1 2~ 55 ~ - My Cotmnisssion Expires: ~~1E~~gp. ~IIS11 N/liG AAIE A~ A~OtIQA AT IA9fE -('Qf ~ Mr ~NAtSS10M f.1•I~S MAi. ti 19p CiwglR ~ rot~to n~tu att~u 1NS. tn+oExwtthils ~o~,....... a = ~pTi~l~.y . _t - Thu Inrtnimrn[ red by: Betty J . Baldwin Y u8~~4~'~ grp~o Address CHELSEA TITLE b GUARANTY COMPANY ~ ` -;,~p; . 201 S. 2nd Street, Ft. Pierce, Fl 33450 fL0;i1Op~;•~~ •..J, II III I'}I,",,