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HomeMy WebLinkAbout2640 . , • ~ and shall perform, comply with and abide 6y each and et+sry the agreements. stipulations, eondttfons and cot+ennnts thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and 6e null and void. the mortgagor hereby further rnwnnnls and agrees to prey promptly when due the principal and interest and other sums of money provided for in said note rend this mortgage, or either; to pay all and singular the taxes, assessments, levies. liabilities, obligations, and encumbrances of every nature on said pro- perty: to permit, commit or suffer no waste. impairment or deterioration of said land or the tmprowmenfs 1htMecn of any time: fo keep the buildings now or hereafter on said land fully insured to a sum of not less than the mSX3lnlm insurabye value. in a company or companies acceptable to the mortgagee. the policy or policies to 6e held by, and payable to, said mortgagee, and in the even! any sum of money berntnes payable 6y virtue of such Insurance the mortgagee shall have the ?ight to receive and apply the sane to the indebtedneu hereby secured, accounting to the mortgagor for any surplus: fo pay all costa, charges, rend expenses, including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor Io promptly and fully comply with the agreements, stipulations, conditions rend rnwnants of said note and this mortgage, or either: to perform, comply with and abide 6y each and every the agreements. sfipulattont. conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails fo pay when due any fax, assessment, insurance premium or other stun of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting- the option to foreclose or any other right hereunder, and a!I such payments shall bear interest from date thereof at the highest law- ful rate lhen allots+ed by the laws of the State of Florida. - arty sum of money herein referred to 6e not promptly paid within '11en (10) days next after the same becomes due, or i f each rend every the agreements, stipulations. conditions and rnvennnts of said note and this mortgage, or either, are not jolly performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, 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 rights or options herein provided shall not constituter a u+ait+er of any rights or options under said note or this mortgage accrued or thereat ler accruing. ~n ~itneSS ~hereQf, the said mortgagor h'aa hereunto signed and sealed these presents the day and year first above u+ritten. Si necl, sealed anti delivered fn the. presence of - Q-C~ Ra t~Paul Cooke - - arbara Lee Cooke r STATE OF FLORIDA. COUNTY HEST. I,iJGIE E I HEREBY CERTIFY that on this day. before me+ an j officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared I RA~IONID PAtA, 00(~~ and BARBARA I~ 000[x, his wife to me known to be the person $ described in and who executed the forcgoinA instrument and acknowkd~ed before me that thEy executed the same. f WI"1'1`ESS my hand and official seal in the County and Statc last aforesaid this day of I April A. D. I9 80. v ~ ~ ~ ~ E ~ «~'Ir r ' s Notary Public in and for State and 42039 County aforesaid. s My Com¢nission Expires: ~ " .r• . ~ F~t.EOR.tiCr!TCGPalt6 r~ t'~ S LUCIE%CUYfY.fIA. \ ~ t:)~ 4. ~ ~ ' ' ROGER (*OITftAB ~ - ~ ~O c : , at:Rfc ci>fcwr cotf~T ~ ~ ~ . _ : . Tl~u hulnnncn/ prepnrr~l by: JOSEPH J. DeROSS, JR. , ESQUIRE FEE, KOBLEGARD & TEFL, P.A. A`l`/mom Post Office Box 1000 OR' ~ Fort Pierce. Florida 3345() Pl~~~ ~