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HomeMy WebLinkAbout2955 - e ~ _ - and shall ~ ~ - pet*jonn, comply with and abide by each and .very flit agreerreenta. atfpiiltitioni. conditions and covenants thereof, and of tha mortgage, then thin morfgnge and the estate hereby created, shall cease, de- te?mine and be null and void. the mortgagor Newby further covenants and agrees to pay promptly when du. the principal and i~taresl and other stems of money provided /or in snid note and this mortgage, or either; to pay all and singular the taxes, assessments, levies, Iiabiliftes. obligatio?es. and enctunbnances of every nature on said pro- pe?ty;. to permit, commit or suffer no wa:fe, impairment or deterioration of said [and or the improvements therern at any time; to keep the buildings now or hereafter on said land fully insured in a sum of not less titan N/A in a company or companies acceptable to the mortgagee, the policy or policies eo be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by vbtus of such insurance the mortgagee shnU have the right to receives and apply the same to tits indebtadneu hereby :ecurod, accounting to flee mortgagor jor any surplus; to goy all costs, charges. and expenses. including lawyer's Jess and title searches, reasonably incurred or paid by the mortgagee because of flee jnilure of the mortgagor fo promptly and fully comply with the agreements, afipulationa, conditions and covenants of said note and this mortgage. - or either; to perform, rnmply with and abide by each and every the agreements, stipulations, conditions and covenants set jorlh in said note and this mortgage or either. In tha event the mortgagor jails to pay when due any. tax. assessment, insurance premium or other sum of money pnyable by virtue of said note and this mortgage, or either, the mortgagee may prey the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payment: shall bear interest from date thereof at the htghest bw- ~ul rate then 6llowed by the laws of the State of Florida. ~L any sum of money herein re%rred fo be not promptly paid within 30 day: next after the same becomes due, or ij each and every the agreements, stipulations. conditions and eovennnb •oj said notd and this mortgage, or either, are not /ully per/ormed, 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 fife mortgagee, become and be due and payable, anything in said note or herein to the c~onirnry-notwithstanding. Failure by flee mortgagee to exercise any of the rights or options herein provided shall not constihete a waiver of any rights or options under said note or this mortgage accrued or fhe~reajfer accruing. ~n ~i~~SS Hof, the said mortgagor bas hereunto signed and sealed these presents the day and year first above written. Signed, seal and delivered in the presence oj: - ~ - - - QUI PI R ~ REiT •-Q "-PfORR 5 STATE OF FLORIDA couxTY OF St. Lucie - I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ANDREW QUINTON MORRIS,- SR., FRANK J. SMRFKAR, and ANDREW QUINTON MORRIS, JR. to me known to bc- the prrson $ described in and who executed the forcgoinK instrument and they acknowkdRed before me that theq executed the same. NI7'NESS my hand and offilial seat in the County and State last aforesaid this Zt) day of March A. D. 19 . ~;~~i~»Ft:~ .~ti f ~ - - . - :9~1 APB -8 ~ !2 49 ~ = = ,-:.:~::~v, ~Y s ` ~ -oil . ti ~ a=LLLD #Mt' *~kCWtJt J t4Y COMMISSION F.XPIRE$it ter'- ~`{q`~~; ~ Rf ~ i~ tt AS t- 1~,fr' ~ o R R Mar,?er runic u~~ a t~,aia?; ~ ~ ~ . ~fRQB!<g? vft'tPtLQ_$~ ~p p~ ttitusc~riEitK tNS tip t}~ ~Ot . lt,~s~J 4612242 • ~ ~ r•. TJia hulrrarcrl pirpnrrd by: PAIif~]!~~ AJdrrss