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HomeMy WebLinkAbout2671 _ _ _ - - - _ T and shall perform, comply with and abide by each and every the agreements, sttpulottons, eondttions and covenants thereof, and of !his morfgaste, !hen !Iris mortgage apd the eatats hereby created, shall cease, de- termine and be null and void. ~ • ~d the mortgagor her/r6y further covenants and agrees to pay promptly when due the prtnctpal and tnterrsf and other sums of money proutded jo? in said note and flits mortgage, or either; to pay all and singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on snid pro- perty; fo permit. commit or strjjer no waste, impairment or deterio?ation of said land or the tmprovemenb fherecn at i.rty time; to keep the buildings now or hereafter on said land fully insured In a sum of not less than --------~------~-full insurable value------------------------------------- in ncompany or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable - to, said mortgagee, and to the et~enf any sum of money becomes payable by virtue of such Insurance the mortgagee shall have the right fo receive and apply the some to the indebtedness hereby secured, accounting fo the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and ~ tttb searches, reasonably Incurred or paid 6y the mortgagee because of the jailors of the mortgagor fo promptly and jolly comply u~tth the agreements, stipulations, conditions and covenants of said note and flits mortgage. or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set fort/i in said note and this mortgage or either_ /n the event the mortgagor jails to pay when due any tax, 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, wIfhout waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- jul rate then allowed by the laws of the Slats of Florida. i~ arty sum of money herein reje?red to be not promptly paid within fifteen 5 ~ays next after the some becomes due, or ij each and every the agreements, stipulations. conditions and covenants of said note anti 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 balance unpaid thereon, shall /orthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary nofuiifhstanding. Failure by the mortgagee to exercise any oj. the rights or options herein provided shall not consfitlrtP a u~aivPr of any rights or options under said note or this mortgage accrued or thereajlPr accruing. ~n ~tttleSS ~heCeof, the said mortgagor has ltereunlo signed and sealed these presenla the day and year first shone a+rttfen. SigRPd, sealed and dPltvPred III the prPSPn('p Of: ~I - f. ICH- D~~C~:--HA -I as-~Trustee t ~ , I - STATE OF FLORIDA, COU`TY OF ST. LUCIE I HEREBY CERTIFY that on this_tia~~6et~re'me~ all officer duly authorized in the State aforesaid and in the County aforesaid to take acknowfedgments~' pEr~dnalty~~peaned~ RICHARD C. HARRIS, as Trustee 7 . to me known to be the person descriced in and who executed the torcgoing instrument and -ht! , ~cknowte~Aed: tx(orc me that he executed the same. s~1 . ' : . k~'I'I'NESS my hand and official seal in the County and Starr last aforesaid this ~}~l .....~diy~t+f Apri 1 A. D. 19 $D • . [ ' ~o~-~ v i p ~ S • € _ "41ARY t~tltK wtE fi+t~lQa Ill 1I1fKrt . •or. Mir oaAf, rs . 19~ APR _7 pM ~ 14 + ~f owti o . ' I E~.EO Attfs Y.F~I+. ~ $ S1~ UCt ? j~RAµj 'r~. ~ tKEfiK cups zo+ Thu Lcslnus~~d prpnr~d hy: ANITA M. LO PRESTI j111t instrutneM was prepared by: A~/i/mr First American Title Company of St. Lucie CUt:'+ty. Inc. 5 u~w A A a. UiwhW 9Y