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HomeMy WebLinkAbout2155 • am shall perform, comply wi(h and abide 6y each and every tits agreements, sttpulatioris, conditions and • covenants thereof, and of this mortgage, Ihen this mortgage and the estate ker.by created, shall cease, de- • termtne artd be atilt and raid. the mortgagor hereby jtrrther covenants and agrees to pay promptly when dw the principal and irtte?trsl and other sums of money provided /or in said note and this mortgage. or either; to pay all artd singular the taxes, assessments, leotes, Ifabtlifies, obltgalions, and encumbnartces of every Walrus on saki pro- pe?ly; to permit. commit or suffer no waste. Impairment or deteriorofIon of saki land or the improvemenb Iherwcn of arty time; to beep the buildings now or hers f ter on said land fully Insured to a stun of not less than the highest insurable value. in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable - to, said mortgagee, and in the event any sum of money becomes payable by virtue i?j such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aeeotsnting to the mortgagor for any sttrpltts: to pay all costs. charges, and expenses, incltultng lawyeri fees and title searches, reasonably tncrtt7ed or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, sttpulafiortsr, conditions and rnvenants of said note and this mortgage, or either: to per(o?m, comply with and abide 6y each and every the agreements, stipulations, conditions and cot+enanfs set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the snore. without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest bw- jul rate then alloured by the laws of the State of Florida. ~l any sum o) money herein reler?ed to be not promptly paid within 15 days next after the same becomes dire, or if each and every the agreements, stipulations. rnnditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, and Ihis mortgage, or the entire balance unpaid the?+eon, shall jorthwt(h or thereafter, of the opfiorr of the mortgagee. become and be due and payable, anything In said note or herein to Ih~ contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said. note or Ihis mortgage accrued or fherrajtcr accruing. ~ ` n whereof, the said morfclagur has Iteretrnto signed and sealed Ihese presents the day and year lirsf nhovP u~riNrn. Simted, sealed and thlivt•rnd in the prns~nce of D IS BpiLD~n1II~~~~--~~~ ' EBORAH A. BALDWIN - r - I j STATE OF FLORIDA, i cc)c;~TV c)F- ST, LTJCIE g I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowtedgmenu, personally appeared DENNIS W. BALDWIN and DEBORAH A. BALDWIN, his wife to me known to be the person S described in and who executed the foregoing instrument and they . acT<gowledbed . I~eforc me that they executed the same. ` ~ '1::;- 'I7:`E my hand and officisi seal in the C'.ounty and State last aforesaid this ~ C~ ,r~,: ~ V ~ Y: in . ~ .~y. ;r • : - NOTARY PUBLIC - -----t= _ .:f.:..x: f,;; MY COMMISSION EXP RE K Y ~.e rRSn 1980 i?.t~: -5 Pf~ 3~ 38 ~w~-..;.~,, !w~ /-3o-~a. ftt.i:C RHi p:•CJ:~ct ~ S RCICER P ITRASA- I ItLERK CIRCUIT CCI;Rt 4 X5442 1~~ w0 P+r ~~N~ERso PREPARED 9Yt CHELSEA TITLE ft GUARANTY COMPANY %u h;~lrrm~~ai prrprricd by: U. S. 1, PORT ST. LUCIE, FLORIDA 8000 S. it :Ir~illl"ts I~~')t) c~,~ INSTRUMENT WAS PREPARED INClDENTA L Tt) TNL. WRITING OF A TITLE INSURANCE P_OLIGY'• ~ . Bil,7K JJ~ PAGE X14 ~ t