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HomeMy WebLinkAbout0556 and ahall perform, comply with and abide 6y each artd every the ogreements, sUpulattona, conditions and covenants thereof, and of this mortgage, then Chia mortgage and the eatats hereby created, shall cease, de- termine and 6e null and void. , the mortgagor hereby f tether covenants and agrees to pay promptly when due the principal and i?tteresl and other sums of money provided for to said note and thin mortgage, or either; to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbra?tcea of every nnltue on said pro- perly; to permit, commit or suffer no waste, impairment or deterioration of said land or the improvemenb therecn at a?ty time; to beep the buildings now or he?+tatf ter on said land fully insured in a sum of not less than full insurable value. in a company or rnmpanies acceptable fo the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event any stun of money becomes payable 6y virtue of at?ch 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 rnsts, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. /n the event the mortgagor (ails to pay when due any tax, assessment, iristrrance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right herettrtder, and all such payments shall beer interest from date thereof at the highest !aw- ful m!e then allotve<I by the laws of the State of Florida. any sum of mo?tey herein referred to 6e not promptly paid within 30 days next after the same becomes drte, or if each and every the agreements, stipulations.. conditions 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 this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e 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 herein provided shall not co?tstittrte a waiver of any rights or options tender said note or this mortgage accrued or thereafter accruing. ~n ~1t11eSS thereof, the said mortgagor leas hereunto signed and sealed these presents the day and year first above tvritien. Signed, Sealed nd delivered in the presence f: "lien --H-~ ---Yor - - Georg"fa AnAn~-York . i I i f fi 1 ~ STATE OF FLORIDA, COUNTY OF ST. LUCIE I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared 3 RUBEN H. YORK and GEORGIA ANN YORR, his wife to me known to be the persons described in and who executed the foregoing instrumtnt and they acknowledged before the that they caecuted the same. N'1TtiESS my hand and otticial seal in the County and State last aforesaid this ~g.~ day of Aprll A. D. 1980 _ . • 4 t~ ~-l l r-~ : . - u 3213 - - - s t. tt, ~t -i c ,t ~iOR~ttr M~K Sr~r~ a•etotb~ e,. RDGERlG3RAS MY COMMISSION fl~1RES AlK CLERK ClJtC1,r3 Ct~~,tt!Z ~ ld~DfD lfbi t~?~ INS . tAVOERVVfll~k3 !'/ru I,u~r,»»c»~ prrprtrd by: Harold H. Goldman, Esquire p~ L,tn Ar/dirsr 8028 South Federal Highway ~JQ Port St. Lucie, Florida 33452