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HomeMy WebLinkAbout2909 i , r f _ . • ~ and :hall perform, comply with and abide by each and etwry the agreemenb, atipulnttoni, conditions and eovertants thereof, and of this mortgage, then this mortgage and the sitats heraby coated, shall cause, de- termine and 6s null and void. the mortgagor hereby further eotwnants and agroes to pay promptly when due the principal and interest and other sums of money provided for to said note and this mortgage, or either: to pay all and singular the taxes. assessments, levies. ltnbiltties, o6Ggatioru, and encumbroncea of every nature on said pro- perty; to permit, commit or suffer no waste. impairment or deteriorotion of said land or the improwmenb thereon at any time: to beep the buildings now or hereafter on said land fully instw+ed in a sum of not less than full insurable value, in a rnmpnny or rnmpanies acceptable to the mortgagee, the policy or policies to be held 6y, and payabb to, said mortgagee, and in the event any sum of money becomes payable by virtue bf such insurance the mortgagee shall haw the right to receive and apply the same to the indebtedness hereby sectu+ed, aecounttng . to the mortgagor jor any surplus; to pay all co:ts, charges, and experues, including lawyer's Jess and title searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and juUy comply with the agreements, stipulations, conditions and covenants of said note and thL mortgage, or either: to perform, comply with and abide by each and every the agreements, stipulations, condittoru and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this . mortgage, or either. the mortgagee may pay the same, without wntatng or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- fttl rate then allowed by the laws of the State of Florida. ~f any sum of mo?tey herein referred to be not promptly paid within fifteen days next of ter the same becomes due, or if each and every the agreements: stipulations. conditions and covenanb of said nota and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, nt the option of the mortgagee, become and be due and payable, anything to said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constttttfe a u~aiuer of any rights or options under said note or flits mortgage accrued or thereof ter accruing. - ~itn[SS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, d delire a presence o 7~ ~~t-/~...----~.'...~ ~ Hattie M. Edenfield STATE OF FLORIIIA, _ COUNTY OF INDIAN R1Vl~ I HEREBY CERTIFY that on this day, before me, an officer duly authorized. in the State aforesaid and in the County aforesaid to takr acknowledgments, personally appeared ~ HATTIE M. EDENFIELD, to me known to be the person described in and who executed the foregoing instrument and She acknowkdged Fxforc mr that~.~e'• executed the same. ~ ~'~ITiJ~SS my hand• and official seal in the County and State last aforesaid this 30th day of r~ - - - . , 'J// ~.~Gt - r.- - ~'t.:}~`'` Notary Public, State of Florida at Large. 3 F;o,:..:~~f'''O'~` f~:~ - My Comlaission Expires: 11/6/80 1960 ~.i'i -8 il~ ~ - ~ ' ~ FtIEC RNt' F`Ctu'c~t 0 ST.LUCIE COUNTY.fIA. ` ROGER POlTRAS ELEF.K Cir :UTT~ RT~- T/ris I,u~ninrftr~ p~rpnrcd hy: wiiliaat M. Cobb, Esq . , of Sullivan tk Cobb Addrrxs P. 0. Box 3, Vero Beach, Florida 32960~~~~ 640 ~ PAGE ~:De~O \