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HomeMy WebLinkAbout1899 - • i. _ and shall perform, comply tuith acrd abide 6y each and every lh~~.greements, sttpulaftoris, conditions and covenants thereof. arld of this mortgage, Ihen this mortgage and !hs estate hereby Heated, shall cease, de- fPrmirte alld be IIIIII Qlld I~OId. Iti~ the mortgagor hereby f urfher covenants and agrees 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 tares, assessments, levies, liabilities, obligations, and encumbrances of every Walrus on said pro- perly; to permit. commit or sltjfer rlo waste, impairment or deterioration of said land or the improvements thereon at any limp; to keep the buildings nou, or hereafter on said land jolly insured in a sum of not less than fullest insurable value. in a company or companies acceptable to the moHgagee, the policy or policies to 6e held 6y, and payable to, said mortgagee, and in ~fhe event any sum of money becomes payable by virtue of such insurance the mOrlgagPP shall have the right to recP/VP and apply the same to the indebtedness hereby secured, accounting fo the mortgagor for arty strrpllls; fo pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably ittctrrred or paid 6y the mortgagee 6ecattse of the failtue of the mortgagor to promptly acrd fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either; fo perform, comply u~itll and abide by each and etjery the agreements, stipulations, conditions and conenarlls set forth in said note and this mortgage or either. In the event the mortgagor Jails to pay when due nny tax, assessme»t, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or eifller, the nlorfgageP muy pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereo/ at the highest Iaw- jttl rate fI1Pn allowed l,y the laws of the State of Florida. ~L arty sttm of mo?IPy herein referred fo be not promptly paid within -3Q- days next after the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said note and Ihis mortgage, or eiflier, are not jolty per/o1711ed, complied with and abided 6y, then the entire -sum mentioned in said note, and this mortgage, or the entire balance unpnid therlwn, shall forthwith or thereafter, al the option of .the mortgagee, became and be due and payable, anything in said note or herein fo the contrary rlolu~/lhslanding. I=ailtlre by the mortgagee to exercise any of the rights or options herein provided shall not conslihrfP a waiver of any rights or options under said note or this mortgage accrued or thereafter accrui?~ng. Dn ~~uleSS ~hel'eof, the said mortgagor has hernlrnlo signed and sealed these presents the ,day and year f irsf above Ivrilten. Signed, sealed and delivered in presence of ' - - -=~-Ong-ri'~!~~---~"" - Francis J. Cooke ~ 'f Dale C. White I - - - - - ~ - - - - - 1 } STATE OF FLORIDA, CO('~'TY OF St. Lucie I I HEREBY CERTIFY that on this day, before mq an officer d~lr authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Francis J. Cooke and Dale C. White, to me known to be the persong described in and who executed the foregoing instrument and they acknowledged Ilefore me that they executed the same. \~'I"1 \~ESS my hand and official seal in the C:ount}• and State last aforesaid this / day of ~hl11:.3:.' April A_ D. 19 80. ~ _ Y 483491 ~ , 'j. , _ - Notary Public, State o~•#+1~fd~t t~L Ialr~ge 1980 APR I ~ AK il~ 37 - o ~ ~ FILED AtiC PEC')KitE U SLLl1Clk LOU!ltY.FIA. , '••::.:••:c". - ROGER p0I7Ra5 ~ ~ .111~~ E' N.ERK CIRCUIT CDUlt I~gTARYPI>~~~g~p~~~~ ,;;i:a'.: 1tECa~ ll ~'f-R?F:~r. - ~ - ~ 18Q~B UqY. >l~ 1~ Tt~l lllE~61ALNtf? i 'l'lirs /ntlnu»~nl p/r'porr•J l?y IAt~CR htS&umeM (anepared By ShN~a A. Pike i1K QQQQ ~leliln_cc TttletnswanceCompany.4838N.W Br,~K~~.V P~~f1VV~ I tad Arenbe.l3oca Reton, Fonda, In cgnnection Ytrlth Issuance of a tRle inswarlce policy, ~