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HomeMy WebLinkAbout0716 _JC e _ - - ---T- - t. ~ and shall perform, comply with and abide by each and every the agreements, stipulations. o'ondtttons and rnvenants thereof. and of thts mortgage, then this mortgage and the_ estate heroby created, shall cease, de- termine and be null and twi~f. TLlll~ the mortgagor hereby further covenants and ogress to pay promptly when• due the principal and interest and other sums of money provided for in said note and this mortgage, or either: to pay all and singular the taxes, assessments, levies, liabilities. obligations, and encumbrances of every nattu~e on said pre- perty: fo permit. commit or suffer no waste, impairment or defe?ioratton of said land or the improuemenls . thereon at an lime: to tree the buildings now or hereafter on said land fully insu?ed in a sum of not less than ful~ insurable value • in a compa?ty or rnmpanies acceptable to the mortgagee, the policy or policies to bg held by, and payable to, said mortgagee, and in the event any sum of money bernmes payable by virtue of such insturance the mortgagee shall have the right to receive and apply the same to the indebtednesa hereby sectu+ed, accounting to the mortgagor for any surplus: to pay all costs. cha?ges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, rnndittons-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 forth in said note 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 mortgagee may pay- the same, without waiving or affecting the option to foreclose or any otter right hereunder, and all such payments shall bear interest from date thereof nt the highest law- (uI rote then allowed by the laws of .the State of Florida. any sum of money herein referred to be not promptly paid within ` 15 days next after the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of snid note and this mortgage, or either, are not fully performed, complied urith trod 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. be due and payable, anything in snid note or herein to the contrary noturithstanding. Failure by the mortgagee to exercise any of. the rights or options herein provided shall not constitute a uraiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~itneSS ~heCeuE, the said. mortgagor has hereunto signed and sealed these presents the day and year first alwve tvritten- Signed, sealed and delivered in the presence of - - ~ - - S---~-- I . STATE OF FLORIDA, COUNTY 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. persdnally appeared ~ i -aalwwr and Sally L. Sampsel she to me known to be the person S described in and who executed the foregoing instrument and they acknowkd6ed Ixfom me that She executed the same. = . ' .s s•;t, ,I WI1 itiESS my hand and o(ticial seal in the County and Stad• last aforesaid this 26th 1 ~=Y, ' . A. D. 19 8 ~ • . _ March • r„ ~ . - - - - - - c~~•- - at Large . ~ ' _ ~ . r My commission expires ' ~ Hobry PrblK, State o1 Ronda at Large II µp t:aattussion Ex~es Sept. 13. 1482 ao.1•/ /f A~sric•n Fw ~ Cswaa? CoPpa•1 1 " PATRICK W. DOYLE 17iis hWrunrtnl ptrp~rrd by: ATTORNEY AT L~1W A~lrl~xs POST OFFICE BOX 1328 gp Pb,~ ~s . $00 WEST MORSE BOULEVARD WINTER PARK. FLORIDA 32789 ,