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HomeMy WebLinkAbout0974 and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants fhe?eaf, and o/ tht mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and void. ><l~ the mortgagor hen+by further covenants and. agree: to pay promptly when due the prtnctpnl and interest and other sums of money provided fw in said note and this morfgnge, or either; to pay all and singular the faxes, assessments, levies, liabilities, oblIgafioru, and encumbronces of every naftsre on said pro- • perly; to permit, commit or auf Jer no waste, impairment or deterioration of said land or the improvement thereon at any time; to keep the buildings now or hereafter on said land fully insured in a sum of not less than in n company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and to the event any stun o/ money becomes payable by virtue of such i?utunrtce the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any stsrplw; to pay al! cost. charges, and expenses, including lawyer's fees and title sean•hes, reasonably incrured or paid 6y the mortgagee because of fh• failtue of -the mortgagor fo promptly and fully comply with the agreement, stipulations, eortdttioru and rnvenants of said note and this morfgnge, or either: to perform, comply with and abide 6y each and every the agreement, stipulations, conditions and covenants set forth in said note and this mortgage or either. ?n the event the mortgagor fails to pay when due any tax, -assessment, irutsrance premium w outer sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or of fecting the option to foreclose or any other right hereunder, and all aticls payment shall bear interest from date thereof at the highest law- f ul rate then allowed by the laws of the State of Florida. ' any sum of money herein referred to 6e not promptly paid within thirty day: next after the same becomes due, or if each and every the agreements. stipulations, conditions and covenants of said note and this 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 bnlartce unpaid thereon, :hall forthwith or .thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to sxetrte any of - the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or fherediter acc?uing. ~n ~tbltSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, se and d livered in the pnrsenee of k f i STATE OF FLORIDA. COUNTY OF St~. Lucie I HEREBY CERTIFY that on this day, before me, an officer duly auiltorittd in the State aforesaid and in the County aforesaid to take acktwwledgmenu, personally appeared Constance Smith, A Single Adult to me krawn to br the person described in and who eaceuted the forgoing instrument and She ackrtowkdRed ~ before me that She a:ecuted the same. l WITNESS my hand and official seal in the County and State last aforesaid .this 11th day of Apri 1 D. Ig 80 t 1 r _ ' • ~ - ~ f:W . ~~.Q-K.. NPTARr PU3L!~ ST:-.TE Qi: f~ORIDA AT IARGE • MY COhIM I SS I OPi i:XP 1 RFS DEG 19 1983 ~Q JttRU GiNckAL IClS UtvD:.RWRITEAS I7iif lulnuncnr p>rpr,~rd by: - ~ 's i • . t~~ll~lasf + J~C~ ~ Oyl~cJ Ci ( - • ~ BUOK~~ PRGE 4