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HomeMy WebLinkAbout2960 and shall per/orm, rnmply wlfb and abide by each and, every 'flee ~reeets?ntsr sftpulatbni. conditions and covenants Iltereol, and of flats mortgage, then !lets nwregape and t?te estate hereby created, sftaU cease, de- termine and be nut! and void. n11{~ flee maAgagor ben+by Jurthe. cot?enanb and agroes to pay promptly when dw the pNncipal and tntereal and outer sums of money provided for in said note and fhb mortgage. or etcher; to pay all and singular the taxes. assessments IMsuiss. Itabtlltie:, obligations, aced encumbrances of every nattw on said pro- ~ early; fo permit. commit or suf fli 'waste. Impairment or deteNonatton of sold land or the improwmenb fher+ecn ai any fine; to !seep the bui ings now or hereafter~on sold land (ally Insured in a stun of not lest than N/A in n company or companies acceptable fo the mortgagee. the policy or policies to be held by, and payable to, said moNgagee, and in the event any sum of money becomes payable by virtue o/ such insurance the mortgagee shall have the right to receive and apply the same to ilea indebtedness hereby second, accounting to flee mortgagor /or any surpltu; to pay olI costs. charges, and experues, including Iauiyeri fees and title ~ searches, reasonably tncterrrd or paid by the mortgagee becawe of the failure of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditions and covenants of sold note and fhb mortgage. j or either; to perform, comply with and abide by each and every the agreements. sttpulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tnx, assessment, insttronce premium or other sum of money payable by viNue of said note and this mortgage. or either, the mortgagee may pay the snme. without waiving or affecting the opfton to~ foreclose or any other right hereunder, and a[I such payments shall bear Interest from date thereof•at the highest law- /te[ mte .then allowed by the laws of the State of FloNda. ~L any sum of money herein refereed to be not promptly paid within 30 days next after the same becomes due, or if each rend every the agreements, stipulations, conditions and covenants of said rota and Chia mortgage, or either, are not fully performed. complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall /arthwith or thereafter, of the opfton of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver o/ any rights or options under said note or fhb mortgage accrued or thereof ter accruing. ~n ~1NleSS ~het~eof, the said mortgagor has hereunto signed and sealed these presents the day and year first above trriNen. Signed, sealed and delivered in the presence of • - _ - . WITNE ~7~---- - - - - - - - - - - ANDREiiI QUI ON MO IS, JR WI S J S - - ....~-.~.-----tip ItEW QUINTON MORR S SR. STATE OF FLORIDA. - COUNTY OF St. Lucie I HEREBY CERTIFY that on this day, before ere, an officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared ANDREW QUINTON MORRIS, JR., FRANK J. SMREKAR, AND ANDREW QUINTON MORRIS, SR. to me known to be the person described in and who executed the foregoing instrument and .they acknowledged before me that they executed the same, \\'17:'~IESS my hand and official seal in the County and State last aforesaid thu 26 day of ~,.ll - NOTARY PUBLIC ~ - 2 APR -8 Pit 12~ 49 ~~~...:.f ,t'' .Q 'riY COI~II~iISSION EXPIRES: s~~-,;+; c £ ~jci sr ++cuu,r r+f~fc si~rr: a acua? ~ . ~ { ~ Mr co+?+~fssfo~, fX/fRB ~uue. ~i !!6t ltii>tllB YERIi:i'li ~ ~Lel 1NS. li'EAS 432245 I7iu hutrran~irl pirpard by: - Addmsr sic ~ PACE2;~