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HomeMy WebLinkAbout1592 and shall perform, comply with and abide 6y each and every the agreements, sttpulattoni, conditions and eot+ertanfs thereof, and of this mortgage, then this mortgage and the estate hereby crested, shall osase, de- termine and 6e null and twtd. gild the mortgagor hereby further covenants and agrees to pay promptly when des the principal and interest and other sums of money provided jar in sold note and this mortgage, or either: to pay all and singular the faxes. asseuments, levies, lta6tliftes, obllgatlona, and enctunbronces o/ every nature on said pro- perty: fo pertnif, commit or suf jer no wade, impairment or deterioration of said In?td or the tmprousmenb thetrcn at any time: to Iteep the buildings now or hereafter on acid land fully insured in a sum of not less than highest insurable value. to o rnmpany or companies acceptable to the mortgagee, the policy or policies fo be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall Dave the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any stupltts: fo pay all costa, charges, rend expenses. including lawyeri jeer and title aesrchea, reasonably tnctured or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants o/ said note and this mortgage, or either: to perform, comply with and abide 6y each and etiery the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jai4 !o pay when due any fax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or of jecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Iaw- (ul rate (then- allowed by the laws of the State of Florida. any sum of money herein re/erred to 6e not promptly paid within ten days next after the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said nota and this mortgage, or either, are not fully performed, rnmpked with and abided 6y, then the entirw sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall f orthwlth_ 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 optlo?ta herein provided shall not constitute a waiver of any rights or options under said note or this mortgage acmred or thereafter accruing. - In ~~uleSS ~he~eof, the said mortgagor bas hereunto signed and sealed these presents the day and year first above u+ritten. Signed, sealed and delivered in the presence o(: • - ~,Y-NE ANDl2FWS - i i STATE OF FLORIDA, coc:vTY of ~t . Lucie I HEREBY CERTIFY that on this day, before me, an i officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Earline Andrews 3 to me known to be the person described in and who executed the foregoing instrument and Who acknowledged lxfore me that she executed the same. WI1iYESS my hand and official seal in the County and State last aforesaid this ' day of A,dari A. D. 19 8 O 1 - , . - p~~ - ~ 0 j 0 i Sl..t- ~ ~ 19E0 ~ ! 6 ~ PM ~ 4 8 FiLEO ttrC SLLtICtf COI:'YiYFIA. CLERK CIRCUR CQIAt ~ ?i ~ ~a7C ~Sti i:_t?--~~ "l/iu Iiulnnnf»•t prrpnrc~l by: AJrlrrxs BUOK ~ P ` 1 ~i~~i