Loading...
HomeMy WebLinkAbout0688 and shall perform, comply with and abide 6y each and "et+try the apnementa, stipulationi, conditions and rntronanfs therooj, and of this mortgapo, then this mortgngs and the estate hereby created, shall cease, de- termine and 6e null and void. the mortgagor hereby further eovertants and agrees to pay promptly when due the prtneipai and interest and other soma of money provided joy to said note and this moMgaga, or either; to pay all and singular the taxes, assessments. levies. ltabibties, obligatioru, and encttmbrnnces of every nattrre on raid pro- perty: to penntt. commit or suffer no waste. impairment or deterioration of said land or lire improvements therecn at any lime: to keep the buildings now or herrajfer on said land jelly insured fn a sum aj ?tot less fhart highest insurable value in a company or rnmpanies acceptable to the mortgagee. the policy w policies fo be held by, and pnyabls to, said mortgagee, and in fire event any sum of money becomes payable 6y virtue b/ such instuance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aceottntirsp to the mortgagor for any surpltu; to pay all cosh. charges, and expenses. including lawyer i jest and tiffs searches, reasonably tncttrred or paid by the mortgagee because of the jailors of the mortgagor fo promptly and jolly comply wtth.the agreements, stipubltons, rnnditians and covenants of said note and ibis mortgage. or either: to perform. comply with and abide by each and every the agreements, stipulations.. wnditions • and covenants set forth in said note and this mortgage or either. /n the event the mortgogor jails fo pay when due any tax, assessment, insurance premium or other start of money payable by virtue of said note and this mortgage. or either. the mortgagee mny pay the same. without waiving or ajjedtng the option to foreclose or any other right hereunder, and aU such payments ahnU bear interest from date thereof at the highest law- ful rate then allowed by the laws of the State of Florida. - Jl any sum of money herein re%rred fo be not pr+ampfly paid within fifteen days next after the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, rnmplted with and abided by, then the entire -sum mentioned in said note, and this mortgage. or the entire balance unpaid thereon. shad 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 6y the mortgagee to exercise any of the rights or options heretrt provided shall not conatihrte a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ` ~n ~~u1~SS ~h~eof, the said mortgagor has hereunto signed and sealed these presents the day and year first a6one written. Sig d n ' e e presence of: Geo ge tilt ghurst - Valerie Billin burst STATE OF FLORIDA. courrl'Y of ST. LUCIE I HEREBY CERTIFY that on this day, before me+ sa officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared V GEORGE BILLINGHGRST and VALERIE BILLINGHURST,his wife ~ to me krawn to be the person gdescrj~red in and who a:scored the (orcgoinS instrument andthey acknowledged ~ before me that they esccuted 4lre wine. 4 WI1;'VESS my hand and official seal in the County and State last aforesaid this 25th day of Agril A. D. 19 $Q t i ary ~ Plb~lic . 1980 APR 25 PK 3 55 4 F Lfg A f ~t:l:~i~ g S~.LUCt~C4iiNtY. ~A. tiOGERPOITRA ,cr.sRrr~.t S+•g a ~tURtW?Al WI(>E t11.ERK CtRGl1T C ~ MY Ct~MMISSION pcrlRfS SN7 -1? 1911 P.EiORti Cl•R1"!'0._l;~B~l--- sc~POEO 1MRU GEAkRI?l wS l)t~ERWR1i~S •,,.:.;.ii, i'~;;- 4456'7 ~r :n t A ° i ' ~ JOHN EDGAR SHERRARD ~ U8 ~.1C,: - ~ " E 17iu I,r~lrunur, prrpu>•cd by: Attorney At L.1w " . r'a 1 Addil~ 203 5. Indian River Orive .~'l0i;i i,~ - ~ p, p. Box x332 ! Fort Pierce, Florida 33450 ~1pp (JQ('~ _ . _ .