HomeMy WebLinkAbout0401 aril shall perform, comply with and abide by each and every the agreements, stipubtio?u, conditions and covenants thereof, and
of this mortgage. then this mortgage and the estate hereby c?eatedshaU cease, determine and 6e null and void
ilnd the mortgagor hereby further covenanus and agrees to pay promptly when due the principal and inttrest and
other sums of money provided for in said note and this mortgage, o? either; to pay all and singular the foxes, auessments, levies,
tiabilitiu, obiigntans, and encumbrances of every nature on sad property; to ptrmit, commit or suffer no waste, impairment o?
deterioration of said land or the improvements thereon at any time; to keep the buildings now or hereafter on said rand fully in-
suredinasMmofnotkssthan full insurable value.
in a company or.companiu occeptabk to the »artgagcc, the po[iey or policies to 6e lukl 6y,and pnyabk to,said mortgaget,and
in the event any sum of Haney becomes payable 6y virtue of such insurance the mortgagee shill have the right to receive and
apply the same to the indebtedness hereby secured, acoounttng to the mortgagor for any srrplus; to pay all costs, charges, and
txpenses, incWdiag lawyer's feu and title searchts, reasonably incurred or paid by the mortgagK because of the failure of the
mortgagor to promptly aril fully Comply with the agrKrnents, stipulations, Conditions and covenants of said note and this mort-
gage, or tither; 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. In the event the mortgagor fails to pay when due any tax, assessment, insur-
ance premium or other sum of money payable 6y vwtut of said note aril this mortgage, a either, the mortgagee Hwy pay tht
saint, without waiving or afj«ting the option to jo?erbse or any other right hereunder, and all such payments shall btar inter-
ut from date thereof at the highest lawful rate then aUowrd by the laws of the State of Fbrida.
~f any sum of moray herein referred to be not promptly paid within 30 days next after the same becomes
due, or if each and curry the agreements, stipulation. 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, o. the en-
tire balance unpaid dureon, slraU forthwith or thereafter, at the option of the mortgagee, become dut and payable, anything
in said note or herein to the contrary notwithstanding. Fatlurt 6y the mortgagee to exercise any of the rights or options here-
in provided shall not constitute a waiver of any rights or options undtr said note or this mortgage accrual or thneajttr accru-
ing.
~n witness ~~herrof, the said mortgagor has hereunto signed and sealed chest presents the day and year
fast above written.
Signed, sealed and delivered in the pruenct of:
f
i
~ STATE OF FLORIDA, ~j
COUNTY OF 5 l_ ~ !JC' j,~ .
1 HEREBY CERTIFY that on this day, before me,
g an offices duly authorized in the State aforesaid and in the County aforesaid to cake acknowledgements, personally appeued
ANNIE L. GAELOMAY, A VIOOM
co me known to be the person described in and who executed the foregoing instrument and SHE acknowledged
before me that SHE executed the same.
s
WETNESS my hand and official seal in the County and Sute last aforesaid this /~D7'./- day of
{ m/q Y A. D. 19 8 d .
5
o
.a:.
This Instrument prepared by: Roger L. Keilholtz -
Rehabi 1 i tati on Specialist - -
Planning and Development Departl~R6t~~;x, Std o{`~,..:~ ~
5 Address : City of Fort Pierce ~ s~rn - -
. y J
P. 0. Box 1480 _ ~ _ ~ • ~ •
Fort Pierce, Florida 33454 ' ~ 1.
vli "•rs~
r~-.
9CUK PAGE
- - - -
-~y~: