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HomeMy WebLinkAbout1118 a - _ and shall perjorm, rnmply with and abide 6y each and every the agreemeuts, stipulatio?it. conditions and cvvenants thereof, and of this mortgage,. then this mortgage and the estate hereby created, shall eeoss, de- termine and be nuU and twirl. the mortgagor hereby further covenants and agrees to pay promptly when due the principal and inle?es! and other sums of money provided for in said note and this mortgage, or either: to pay all and singular the taxes, assessments, levies, liabtllfies, obligations, and encumbrances of every nature on said pro- perty: to permit. rnmmif or suf jer no waste. impairment or deterioration of said Land or the improvements fherecn at any lime; to keep the buildings now or hereafter on said land fully insured In a sum of not less than MAXIMUM INSURABLE VALUE in a company or rnmpaniss acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, sold mortgagee,-and in the event any sum of money becomes payable by virtue bj ouch insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting to the moNgagor for any surplus; to pay all costs. charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid by the mwfgagee because of the jailors of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either; fo perjorm, comply with and abide 6y each and every the agreements, stipulations. conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum o/ money payable by virtue of snid Hole and ihts mortgage, or either, the mortgagee may pay the snore, without waiving or affecting the option to foreclose or any other right hereunder, and alI such payments shall bear interest from dote thenwf at the highest law- fttl Mte then allOU~ed by the laws Of the State Of Florida. ~L any sum of money herein referred fo be not promptly paid within thirty days next after the same becomes due, or if each and every fhe•ag?eements, stipulations, conditions. and covenants of snid note and this mortgage, or either, are not fully performed, complied with and abided 6y, them the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereof ter, at the option of the moHgagee, become and 6e due and payable, anything in said note or herein - to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rightti or options herein provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or thereafter accrtring. ~n ~I~~SS ~h~t'eof, the said mortgagor has hereunto signed and sealed these presents the day and ~ year f irsf above written. Signed, scale and~rered in the sence oJ: . L cry W .Carver $upsan G. Ca_grver ~ STATE OF FLORIDA, E Cou~TY of ST. LUCIE ' I HEREBY CERTIFY that on this day, before me, an officer duly authorised in the State aforesaid and in the County aforesaid to tote acknowledgments, personally appeared LARRY W. CARVER and SUSAN G. CARVER, his wife, to me known to be the persorS described in and who e~:ecuted the forevr+~•+; instrument and they acknowledged before mt th3t they executes the soma ~ Vyi7'1VESS my hand and official seal in the County and State last aforesaid thu z 7~ day o[ March , A. D. 19 80. ~ - - - _ G - ~ ...~.,.._.w..~ , Notar ublic -State of I~1 ~ jCi~ - s 8 ~}i i1= 19 _ at Large. - 19,0 MAR 2 - - My Commission Expires : yJ - f ~ ~ ' Flt.EO aNC fEG11hU: D ~ • ~,t : ~ Si.WCtf t;Ot?;tTY.fLA. ` ~'~':•~~~.,:::~-;~,.;c, , RpGER POI~RAS C~tRK CtRC01IoCGUR 481.162 I7iu I~u/nii»ful P~rpnrr~~ hy: n~r,~>ru gc~ic328 ~~~1~1.8