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HomeMy WebLinkAbout2209 and shall perform, comply tvifh and abide by each and every the agreements, stipulations, conditions and covenants tliereo~, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null anti void. ~ndflip mortgagor her!•hy further cot~enanls and agrees to pay promptly urhen dire the principal and interest and other sums of money provided for i?t said Hole and this mortgage, or eithe?: fo pay all and singtrlnr the faxes, assessments, levies, liabilities, obligations, and encumhronces of every nature on Said pro- pe?ly: fo permit, commit or Suffer no u/asfe, impairment or deterioration of said land or the improvements then~on nl any time; to I;epp the buildings now or hereafter on said land fully insured in a sum of not less fhanFOURTEEN THOUSAND FIFTY THREE DOLLARS ---68/100-------------- in a conipnny or comtianies acceptable to the mortgagee, the policy or policies to 6e held by, and payable to, said mortAa~ee, and in the event any strm of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to roceive and apply the same to the indebtedness hereby secured, nceounting to the mortgagor for any surplus: fo pay all costs, charges, and expenses, including lawyers fees and title searches. reasonably incurred or paid fly the mortgagee because of the failure of the mortgagor to promptly anti fully comply with t11e agreements, stipulations, conditions and covenants of said note and this mortgage, ar either: fo perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any far, as~essmenf. irlstrrance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option fo foreclose ; or nny other right hereunder, and all such payments shall hear interest from date !hereof at the /tighest latr- (ul rate then allotred by the lows of the Sfafe of Florida. i DL any sum of money herein referred to he not promptly paid within days next after the some 17e(-OmPS due, or i( each and every the agreements, stipulations. conditions and covenants of said note and this rno?tgage, or eithPr, are not fully performed, complied with •and abided by, then the entire sum mentionlKl¦ in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at fife option of the mortgagee, become and be dtte and payable, anything in said note or herein to the contrary noftvithstanding. Failure by the mortgagee to exercise any of the rights or options herein prot`id(•d shall Hal constitute n waiver of any rights or options under said note or this mortgage accrued or lhrreafter accruing. i ~n ~N~tness hereo r the snid mortgngor IInS {IPretlnfn Sr(tI1Pd Qnd sealed these prPSerlt3 the (1lIV and )'1'r1/ (1?Ct ah01'F• wrilic•n. I ~iii `igned, sc~nlPrl onrl delivered in IIIe presence of l i j _ )d ~~~i ~C/ ~~!'.~t ~ a l j W~ JG , ~C~r ~%f.:...... / D fuc• o c' . - Wis..- I ~ S~via N. ohnso~ I ~ t i I I E t ~ ~ 4 STATF, OF FLORIDA, ! r ` c(n'`1-v OF St. Lucie ! I IiEREBti (.F.RTIFt that on this day, before me, an f officer dul~• authori?ed in the State aforesaid and in the County aforesaid to takr acknowled¢mcnts, prrsonally appeared 1 I i wife # I Dale ~W. Johnson and Sylvia N. Johnson, h s ~ to nl~' knowli to Ix the p•rson drscritx•d in and who executed the fore¢oin¢ instrument and they acknowledged 1 twfon• Hie that they executed the same. s I~ ~~'(TXF.SS my hand and official seal in thr County and Stat~• last aforesaid this 18 day of jl March D. 1980 j - t9~111AR ~ 9 A~ ~ Z NARY PU{lIC STATE of EIORIDA nT r~ , f ~ Mc CU?AM15510N f]~IIB MAY. 22 17~3'.~ ` ? f tONDrP I hRi) Cif 1VE~Al fib . TERS ~ ` f'al£0 fHC t:ECGf:u::.r t ST.UtC1E COUN1Y.Ft R. I~ Rpti~R f O1tRAS _ ~ 4 G.ERK CIRCUIT CCU`t i r 1 ~ 1 401.2 - ' ? ~ ~ } ~ . f ~/lrr.c /rc~mmr(f~/ f?rc f~l~rci! l)~: Jackie A. Talamine t First National Bank ofFort Pierce .~1rlJrri~ ~ P. O. Box 970, 300 S. 6th St. , Ft. Pia ce, Fla. 33450 t ! tiR ~i BQOK~~ PAGE. ~y _ .