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HomeMy WebLinkAbout0643 ~ . and shall perform, comply with and abide by each and every the agreements, stipulation:, ct:nd:fioru and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and troid. nd the mortgagor hereby further covenants and agrees fo pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and 3iTiyiiiuf flip fA.irs, uiJriJl~tliifi, iFiiE3, lt~ibilffics, ~361fyuffa?.ia, afd citCu.'tb wi~i3 of 2viry ^-t'w't` v^tz S~fd ji;'O - pe?!y: fo permit, commit or suffer no waste, impairment or deterioration of said land or 'the tmprouemenfa thereon at any time: fo beep the buildings note or hereafter on said land fully insured in a sum of not less 1hanSEVENTEEN THOUSAND EIGHT HUNDRED EIGI~TEEN ~OLLA~S---32/l00 in a company or companies acceptable to the mortgagee. the po Icy or po icier to a held 6y, 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 hereby secured, accounting - to the mortgagor for any stuplw; to pay all costs. charges, and expenses, including lawyer's fees and title searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, rnnditions and covenants of said note and this mortgage, or either: to 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 tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without [veining or affecting the option to foreclose t or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- (ul rate then allowed by the laws of the State of Florida. f ~l mty sum of money herein re(PR~ to be not promptly paid within days next after the same becomes due, or i f each and every the_ agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed. complied with -and abided by, then the entire st?m mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, of the option of the mortgagee, become and 6e due and payable, anything in said note or herein fo the contrary notu,ifhstanding. Failure by the mortgagee to exercise any of the rights or opffons herein provided shall not consul:rte a trainer of any rights or options under said note ar this mortgage accn?ed or thereafter accrt?ing. ~n #iitneSS thereof, -the said mortgagor has heret?nto signed and sealed these presents Ilse clay oncl year firs) shore written. ~ Si .sealed A?td delll~PrPd in the presence of - - - - - - --a _ - - - - - - ~ B , b i - - , - - - Sheila Eggert - - - - - - - . _ ~ i IE ! { STATE OF FLORIDA, coc::vTY OF St. Lucie I HEREBY CERTIFY that on this day. before me, an ~ officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~ Bobby G. Eggert and Sheila Eggert, his wife to m~• known to I,e the prrson described in and who executed the foregoing instrument and they acknowledged ~ before me that they executed the same- ~~'IT\ESS my hand and official seal in the County and State last aforesaid this 2rj- a~r~l March D. Ig 80 . ~ • - A.M ~ 32 ~~0 MAR 26 - - ~ FILED thQ RECWWi D NOTARY t?UKK RATE 01' ~ ~ v_ J _:~f''. } i : ~ S~LUCIECpQ{{~~TY.ftA, ~ t~0~lAAISSIOM ~ .:jam ~ RpGER POtTRAS \ 3 CLERK ClliCtAT CDWIT UONDED Ttiifll C9~dAL 1!6 . ~ , ~ ~ ~O` . 1 ~i ~~i R'ECCttt9 YERIiIfO~ Y~ r~~ t "l'{iir I~u~n~~ire•~N prfpnr~J !y: Jackie Talamine :1?/./text First National Bank of Ft. Pierce , ~ P. O. Box 970, Ft. Pierce, Fla . 33450 B~3z8 P~f 64~ i ~