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HomeMy WebLinkAbout0587 ~ L and shall perform, comply with and abide 6y each and every the ogroemsnb, attpulotioru, oorldtttorts and ooaenanb Ihereoj, and o/ this mortgage. then this mortgage and the state hereby created. ahaU cease, de- ~ termine and 6e null and veld. the mortgagor hererby juriher covenants and agre« to pay promptly when dw the principal and' inter+et and other sums of money provided /or in said note and this mortgage, or either: to pay all and singular the taxes. assasmenb, levies, ltabtlitle, obltgntions, and encuntbrartee of every nature on said pro- perty: to permit. ~omistlt or suffer no waste. tmpairntant or deterioration o/ sold land or the improvemsnls thereon at any time: to keep the 6utldtngs now o? herraf ter on :old land /ally inatu+sd in a sum of not las ehan its insurable-value in a company or oomparlie acceptable to the mortgagee, the policy or politic to be held 6y, and payable to, said mortgagee. and in the event any sum of money become payable 6y Wrtw of such insurance the mortgagee shall hate the right to receive and apply the came to the trulebtednas hereby secured, amounting to the mortgngo? jar any surplus: to pay all oasts. charge. and expenses. including iawyeri fees and tltb searches, reasonably incurred or paid 6y the mortgagee beoauu of the /allure of the mortgagor to promptly and f ally comply uiith the agroemenb, stipubtlona, conditlorts and oovsnanb of said note and this mortgage. or either: to perform, comply with and abide by each -and every the agreement,, stipubttons, conditions and covenants set f ortk in sold note artd this mortgage or either. In the event the mortgagor jails to pay when due any fax. assessment, tnaurance premium w other slim of money payable by virtue of sold note and this mortgage. or either. the mortgagee may pay the same. without waiving or n/f acting the option to foreclose or any other right hereunder, and all such payntenb ahaU ,bear interest front date ther+soj at the highest Iaw- fuI rate then allowed 6y the laws of the State o/ Florida any sum of money herein referred to 6e not promptly paid within thirty days next after the same becomes due, or ij each and_eve_ry the agreements, attpulattons. conditions and covenants of said note attd this mortgage, or either, are not f ally pert called, rnmplled with and abided 6y, then the entlr+s sum ntenttoned 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 sold note or herein to the contrary notwithstanding. Falltsre by. t%le mortgagee to exen^ise any of the righa or options herein provided shall not constitute a waiver of any IigJlts or options under said note or this mortgage actirtsed or thereafter accruing. ~n ~~uleSS ~h~eof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. S' ned, sealed -and de ' in the presence oj: _ t~ - S E. ROSE R. • ROSE I i STATE OF FLORIDA, I COUNTY OF ST. LUCIE ~ ~ I HEREBY CERTIFY that oo this der, before szle, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgmenb, personally appeared James E. Rose and Bettie R. Rose tt to me known to be the person $ descn'bed in and who executed the [oregoing instrument sad Whp acknowkdsed li before me that they -executed the tame. , , ,~~la~ luui~ WITNESS my hand and official seal in the County and State aforesaid this 25~is~~~' ` April, :r . ~ My commission expires: ~ ~ `?ill ~ o,~ - Notar lit - NQTARY PUBLIC, STATE OF FLORIDA AT LARGE = 2 • . b' MY COMMISSION EXPIRES nOV. 16, 1980 State f Florida %~'.y~~t; 'BONDED BY AMERICAN FIRE ti CASUALTY COt~,APANY `i • f''~'~'•••.:..••''' ~~~ltlllttt~~''' 1980 APR 25 AM il~ 16 ~ THIS INSTRUMENT PREPARED BY: u pR~p~ f ST IUC~COtM~Y.iLA. John T. Brennan, Esquire jtt>s t*OITRA Post Office Box 3 7 7 9 tXEItK t~Citit i>~R~ T, fJ Fort Pierce, Florida 33450 Ptcellew:ttlFr~o...._.~ BDOKc)c)() PAGE VO~ I. !