HomeMy WebLinkAbout0961 •
t~ . !
and shall t>vr{orm, comply with and abide by pack and every the agreements, stipulationu, conditions and
covenants fhereo{. and o{. this trtorfgage,:then .this mortgage and the estate hereby creased, shall cease, de-
te?mine and 6e null dnt~ voFa. t `
end the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided (or In said note and this mortgage, or either; Io pay all and
singular the taxes, assessments, lPtries, liabilities, obligations. and encumbroncea o{ every nature on said pro-
perty; to permit, commit or sts((er no uraste, impai?ment or dete?iorotion o{ said land or the Improvements
fhPMOn of any time: to beep the buildings Hour or herPa{tpr on said land {ally Insured Irt a sum of not less
than #30,000.00 in fire and windstorm insurance
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event any sum o/ money becomes payable by virtue of such Insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor (or any su?plus; fo poy all costs, charges, and expenses, Including lawyer's {ees and title
sparrhps. reasonably incurred or paid 6y the mortgagee because o{ the (allure o{ the mortgagor to promptly
and {ally comply with the agreements, stipulations, conditions and eovennnts o{ said note and this mortgage,
or either; to per{orm, comply with and abide 6y each and every the agreements, stipulations, conditions and
rovenanls set forth in said note and this mortgage or either. In the event the mortgagor {ails to pay when
due any tax, assessment, insurance premium or other sum o{ money payable by virtue o{ said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or aJ{ecting the option fo {oreclose i
or any other right he ptrnder, and all surcft payments shall bear interest from date thereo{ at the highest laur-
(ul rate fhprt allot/red l)y the lours O{ the State of Florida.
~l any strm of money 1?erein referred fo be not promptly paid wethin 20 days next a{ter I~I
i
the same bPromes due, or i( each and every 11te agreements. stipulations, conditions and covenants o{ said j
s
~m menliohned in tanid notpennd ~thts mortgage or the t entire balancewunpotd thetrPOpn, s hall (orihwilhttor
thereafter, at the option o{ the mortgagee. become and be due and payable, anything in said note or herein
to the contrary noturithstartdinq. Failure by the mortgagee fo exercise any of the rights or options herein
provided shall not constitute a urairpr of any rights or options under said note or this mortgage accrued or
thprpa{ter accruing.
~n witness ~heCeof, . fht• said mortgagor has hPrPrrnto signed and sealed these presents fire
day and year {irsl above written.
Signed, sealed r deli ,red in hp presence of
M -
STATE OF FLORIDA,
COC1iTY OF St .Lucie
I IiEREBY (:ERTIFY that on this day, before me, an
officer duly authorized in thr Stair aforesaid and in the County aforesaid to take acknowledgments, personally. appeared
Richard A. Hammond and Donna R, Hammond, his wife, ~``""t,~M`;;•~.,
to m.• known to be the prrwnS described in and who executed the fore¢oinq instrument acrd ~eY'~ ~nOM'` ,•~Sd~~y''
v,-. if
beforr me that they executed the same. _ t~
~~'IT\F.SS my hand and official seal in thr County and State last aforesaid this 2~ J
i April D. I9 80. s
rd~ 'y,...
• J ;
X900 AFB 28 Fit 3~ 33
FlI.Q Aht" FECUi:Afil ~,NA~
SLLtiC1E COvNTY.FI{l.
I RGGER t'OITRAS ~~~~~fr~~ej~
Ci.EkK tI?CUIT COURTO~ Mr~rti~tr~~~
l t'C^n7~'fFiFSFf. _
` ' ~
4 X4'732
i~
I
~ %%is /~rrlnrurr•n~ frnprrrr~/ 1~~: F . A .Harris ,
I .~~~~%rr ~ 10 Orange Avenue ,
Ft,pierce,F1,33450. 60~(J+~tJ gAGE ~5 I
r