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HomeMy WebLinkAbout0404 and shall perform, comply with and abide by each and every the agreements, stipulations, corulitions and covenants thereof, and of this mortgage, then this mortgage mul the estate hereby created,shall cease, determine and 6e null and void Zlnd the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singubr the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said property; to permit, commit or suffer ro waste, impairment o? deterioration of said land or the improvement3 thereon at any time; to keep the buildings now or hereafter on said land fatty in- suredinasumofnotlessthan full insurable value in a company orcompanies acceptable to the mortgagee, the policy or policies to be held by,and payable to,said mortgwgee,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 ?awyer'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 mort gage, or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said rote and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insur- ance premium or other sum ojmoray payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to forecbse or any other right hereunder, and aU such payments shall bear inter- est from date thereof at the highest lawful rate then albwed 6y the bws of the State of Fbrida. ~l any sum of money herein referred to be not promptly paid within 30 days next after the same beco?nes due, or if each and every the agreements, stipulations, conditions and coverumts of said note and this mortgage, or either, are not fully performed, complied with and abided by, the» the entire sum mentioned in said rote, and this mortg~agy or the en- tire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become due and payable, anything in said note or herein to the conhary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options here- in provided shall not constitute a waiver of any rights or options under said rote or this mortgage accrued or thereafter accru- ing. ~n ~{~itn ess ~~hereof t the said mortgagor has hereunto signed and sealed these presents the day acrd yem first above written. Signed, sealed and deli red in the presence of: v/ ~ - - - -----~~~_4c_.~~~ -f1G~~X.O~ f 1 ~ STATE OF FLORIDA, COUNTY OF S L !JP/,E 1 HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgements, personally appeared LOUELLA ANDERSON FORMERLY LOUELLA .JOHNSON ALSO KNOMN AS LOUELLA .J. ANDERSON to me known to be the person described in and who executed the foregoing instrument and SHE acknowledged before me that SHE executed the same. WITNESS my hand and official seal in the County and State last aforesaid this ~ 9~ day of ~ A. D. 19 Bf~ . i : This Instrument re erred b Roger L. Keilholtz P P Y Rehabi 1 i tati on Specialist . = `~~E ~ i0~ Planning and Development ~:~L~~:5•~-a~~. ' K• Address : City of Fort Pierce - - P. 0. Box 1480 Fort Pierce, Florida 33454 r- • au~c ~Z PMcE 4~ - _