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HomeMy WebLinkAbout1789 and shall perjorm. comply wilt n?td abide by each a?td every the ogreemenls,` sfipulalio?is, condifto?u• and covenants thereof, a?td o1 this mortgage, then this mortgage and the estate hereby created, shall cease, de- fe?mfns artd be-null and void. the mortgagor Iten+by further covenants and agrees to pay promptly when due the prtnctpnl and interest and other sums of money provided jor in said note and this mortgage, or either; to pay all and singular the tuxes, assessments, levies, liabilities, obligations, and enetunbranees of every nature on said pro- perly; to permit. commit.or st?f jer rto waste, impairment or deterioration of said land or the improvements 1hs?rcn at arty lime; to deep the buildings Hour or hereafter on paid land fully Insured in a sum of not less Than full insurable value. in n company or companies acceptable to the mortgagee, the policy or policies fo be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such instuance the mortgagee shall hat+s fits right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor jor any st?rpltu; fo pny all cost:, charges, and expenses. including lawyers fees and fins searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply u?ith the agreements, stipulations, conditions and rnvenants of said note and Chia mortgage, or either; to perjorm, comply with and abide by each and every the agreements, stipulations, conditions and conena?tts set forth in said Hots and this mortgage or either. In the event the mortgagor jails 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 mortgages may pay the same, without waiving or of fectfng the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lnw- jul mte then allowed by the tau+s of the Slnte of Florida. any sum of mortev herein referred to be not promptly paid within 15 days next after Ihs same becomes dire, or if each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not Jully performed, complied with and nbided by, then the entire sum mentioned in snid note, and this mortgage, or the entire balance unpaid t?tereon, shall forthwith or thereajfer, of the option of the mortgagee, become and bs due and paynbht, anything in snid note or herein fo the confrnry nolwdhslanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not conslit?rte a uraitrer o/ any rights or options under said note or this mortgage accrued or Ihereajfer accruing. ~n ~~u1eSS ~hM~Of, the said mortgagor has hereunto signed and sealed these presents the day and year first above «+rillen. Signed, sealed an delir+ered in the presence oj: .R - er ....F.....lro e 2tc'.-------.lpC - e--Hayes - e f I STATE OF FLORIDA, cOC,~`TY cIF St. Lucie • I HEREBY CERTIFY ghat on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdaments, personally appeared ROBERT E. COLE and MARIE HAVES COLE, his wife - to mr known to be the person 8 described in and who executed the foregoing instrument and they acknowledged Ixforc me that they executed the same. nnAA WITNESS my hand and official seal in the County and State last aforesaid this O~~ day of March A. D. 19 8 O . ~ Notary -State of Fly `v~- Sao APB - i p~ ~r z~ .Large : ~ : - o EitE~ ANC fly Lvrtdc:U - ' ST.lUCIE C11t1yTY.ftA. ~ ~ ~'`~s~ - 0 . ROGER POiTR~A~S~ tt~fARr /1l1t.IC STA1f ~ iLOtf L QJ . . . CLEttK CIRCUIT C/~ ldY C~MISS1pd E7tI1*K ll/R. ~ 1!f - lCC:?!t Yi RIFSFP_ 9L~L ~x'~D ~ tom' u~~ r~ ~ ~ 48156'7 JOHN C. GUERRIERO, ESQUIRE T/~is liWninaitl prrpnrrrl by: 207 1/2 Oretlige Ave. Fort Pierce, Florida 33450 AJJnxr li(~~ Pi16E ,.a