HomeMy WebLinkAbout0894 ' and shall perform, comply urlfh and abide by each and every the agreements, stipulation's, conditions and {
~caveitants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- t
(ermine and be null and troid. ~
the mortgagor pert!by further rnvenartta curd agrees to pay promptly when due the principal and;
interest and other sums of money provided for In said note and that mortgage, or either: to pay all and
singular the fares, assessments, levies, liabilities, obligations, and encumbr+bnces of every nature on said pro- ~
perly; fo perntiL rnmmil or suf
jer no waste, impairment or deterioration of said land or the Improvements
fher+ecrt at any time; to {rt•ep the buildings now or hereafter on said land fully insured in a aum of not less
than .
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such iruttrartce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all costs. charges, and expenses, Including lawyer's jeer and title.
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the. mortgagor to promptly {
and fully comply with the agreements, stipulations, conditions and covenants of said note and ibis mortgage, 3
or either; to perform, comply with and abide 6y ench and every the agreements, stipulations, rnnditions and'
covenants set jorih in said note and this mortgage or either. /n the anent the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without wniving or aj(ecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law-~ ~
(trl rate then allotued by the lours of the State of Florida.
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any sum of money herein relerred~lo be not promptly paid within thirty days next after
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the same becomes due, or ij each and every the agreements. stipulations. conditions and rnvenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned i?t 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 said note or herein
to the contrary nolurtthstanding. failure by the mortgagee to exercise any of the rights or opttona herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
(hereafter accrying.
~n ~itneSS ~heCeof, the said mortgagor has hereunto signed and sealed These presents the
day and year f irsl above written.
Signed, sealed and delivered in the presence of : {
~Q/~
- -
L LEE ~
i '
_ I
- ~ ~
- ~ - ARBARA ANN---EDE
f
STATE OF FLORIDA, ~ ~ +
COL?\TY OF St. Lucie f
I HEREBY CERTIFY that on this day, belorc me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowled ments, personally appeared;
MICHAEL LEE EDEN and BARBARA ANN EDEN, his wi~e
to me known to be the prrson $ described in and who executed the (ongoing instrument and they acknowledged ,
Imforr me that they executed the same.
N'11;tiESS my hand a}nd otlicial seal in the County and State last aforesaid thu q~~ ~ day ~
A. D. 19 ~ -
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S ate o for ` ate' I~C~n ~ ~ : _
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APR l ~ PN = _ -
19f~l1 ~ 9 1 -
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48282
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C.R. McDonald, JR., Esquire
T~»s I,ulrmm~N prrp,,a~! by: 1600 South Federal Highway
Fort Pierce, Florida
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