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HomeMy WebLinkAbout1134 • _1-. and shall perform, comply with and abide 6y each and every the agreements, stipulation's, conditions and covenants thereof, artd of this mortgage, then this mortgage and the estate hereby cheated, shall cease, de- farmine]~and be null and troid. T1~ the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest and outer sums of money provided for in sold note and this mortgage, or either; fo pay all and singular the tares, assessments, levies, ltabtlitiea, obligations, and encumbrances of every nature on said pro- perty; fo permit, rnmmtt or stet ter rto waste, impairment or deteriorotion of said land or the improvements thereon at any time; fo deep the buildings now or hereafte? on said land fully insured to a sum of not less lhon in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable to, said mortgagee, and in the event arty sum of money becomes payable 6y virtue of suck insurance the mortgagee shall have the right fo receive and apply the snore to the indebtedness hereby secured, accounting to the mortgagor (or any surplus; to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid by file mortgagee 6ecatue of the fnihue of the mortgagor to promptly and fully comply with the agreemertfs, stipulations, conditions 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 mote and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, instrronce 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 of fecfing the option fo foreclose or any other right hereunder. and nlI such payments shall bear interest from date thereof at the highest Inw- f ul rote then allowed by the laths of the State of Florida. ~L arty sum of money herein rejerrc~d fo be not promptly paid within thirty days next offer the same becomes due, or if each and every the agreements, stipulations, conditions. and covenants of snid note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire 6alartce unpaid thereon, shall forthwith or thereafter, of the option of the mortgagee, become and be due and payable, anything in snid note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the ?ights or options herein provided shall not cortsfifette a u~ainer of any rights or options under said. note or this mortgage accrued or thereafter accruing. ~n ~~uleSS ~hftt'e~f, the snid mortgagor has hereunto signed and sealed These presents the day and year first above a+rilfen. Signed, sealed and delivered in the presence of _ bie Le Mack STATE OF FLORIDA, ) COC'\TY OF St. Lucie i t HEREBY. CERTIFY that on this day, txtore me, an officer dul?• authorized in the State aforesaid and in the County aforesaid to ake acknowledgmcnu, personally appeared ROBBIE LEE MACK to me known _ to hr the person described in and who executed the foregoing instrument and $he acknowledged tietom me that she executed the same. ti~'17:~ESS my hand and o(iicial seal ~in thy- County and State last atonsaid this 19th day of February ,1. D. l9 80 - NOT ~ Y PUBLI , - ~ STATE ~b~` 1~`h{~ItIISp--~ ~ry~ 1, ~ivO MAR ZS PM ~ I Z AT LARGE /'s ~ltE0~f+0~=coRctEu MY COMMISSIOIZ EXPIRES: ' ~ ' ST.l11CIE Cppt1M f Y. f'111. ROGER POITRAS • - _ tLEttll CIRC1tfT txURt/ 8 ~ 1 . 48i1~ . T/,u hulrrnn~rl~ prr'pnRt! ben L. Bryan, Jr . A~/~/lees P. O. Box 3 2 3 0 Fort Pierce, F1. 33450 ~A # Bt~1K~ PAGE~1'-~`t