HomeMy WebLinkAbout2807 and shall perform, comply with and abide by Pach and every the agreementa, stipulations, conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby Heated, shall cease, de-
termine and be null and void.
end the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest acrd 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 encumbronces of every nature on said pro-
perly: to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
thereon of any time: to keep the buildings now or hereafter on .aid land fully insured in n 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 by, and payable
to, said mortgagee, and in the event any sum of 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 for any surplus: to pay all costs, charges, and expenses, including lawyers fees and title
searches. reaso?lably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply u.ith the agreements, stipulations, conditions and covenants of snfd note and this mortgage,
or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth irl said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of morlPy payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, tuithout luaiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lau'-
ful rate then allowed by the laws of the State o/ Florida. j
~f any sum of money herein referred to be not promptly paid within 20 days next after
the same bPCOMPS due, or if each and every the agreements, sfipt?lafions. conditions and covenants of snid j
note and this mortgage. or either, are rtot fully perfol7aed, complied with •and abided by, then fire entire
stem mentioned iil said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6P due and payable, anything fn said note or herein
to the contrary notu~ifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provi?lPd shall not consfifutP a waiver of any rights or options under said note or Ihis mortgage accrued or
(hereafter acrn/ing.
~n witness whereof, IhP said mortgagor has berellnfo sig?led and sealed these presents the
clay and year first above tpritfen. •
i Jig?IPd, Sealed nd dPh ' Pd In the prPSP?ICp Of -
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STATE OF FLORIDA,
COC'tiTY OF St .Lucie
I 1fERF.B1' CERTIFY that on this day, before me, an
officer duh• authorired in the Starr aforesaid and in the C:ount}• aforesaid to take acknowledgments, personally appeared
William Gardner Jr. ~cined by Thelma Cullir,s
I to nw known to be the ta~rson "descntxd in and who executed the foregoing instrument and they acknowledged i
before me that they executed the same.
i
~~lT\F.SS m}• hand and official seal in the (:ounty and State last aforesaid this 6th day of i
May D. 19 8 • '
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' .fit l9~0 Ilr.l -7 Pk ~ 43
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WnIi~O L: \ i
S,. I ~ ~_1 G cc- Sf.LUCIFCGUHTY.f[A. / ~ -l
_ s• ROGER POItRAS
j CLERK CIRCUIT COUR
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~ i F . /L. Harris ,
~ %7i,~ /uslr~,ur~,d prr/?r,rr~/ly: 1{10 Orange Avenue,
.~I~GIn-~~ Ft .Pierce, F1.
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