HomeMy WebLinkAbout0407 and shall perform, comply with and abide by each and every the agreements, stipuaitions, conditions and covenants thereof, ad
of this mortgage, then this nwrtgage and the estate hereby createdshall cease, determine and 6e rru11 and void
Z1(1d t?re mortgago. 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 singular the taxes, assessments, levies,
liabilities, obligations, and encumbrances ojevery natu.e on said property; to permit, commit or suffer »o waste, impairment or
deterioration of said b?d or the improvements thereon at any time; to keep the buildings now or hereafter on said bnd fully in-
su?edinasumofnotlesst{wn full insurable value.
in a company or companies acceptable to the mortgagee, the policy or policies to be held by,ard payable to,said mortgagee,and
in the event any sum of money becomes payable by virtue of such iruuraru:e 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 aA costs, charges, and
expenses, including lawyer's jeer and title searches, reasonably incurred or paid by 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 by each and every the agreements, stipuaitions, 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-
aru;e premium or other sum of money payable by vbtue 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 all such payments shall bem inter- -
est from date thereof at the highest bwful rate then albwed by the bws of the State of Fbrida.
~f any sum of money herein referred to be not promptly paid within 30 days next after the same becomes
due, or if each and every the agreements, stipubtions, conditions and covenants of said note and this mortgage, or either, are
not fupy performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, 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 contrary notwithstanding. Failure by 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 note or this mortgage accrued o? thereafter accru-
ing.
~n ~{~itness `t~hrreof t the said mortgagor has hereunto_ signed and sealed these presents the day and year
first above written.
Signed, sealed and deli ed in the presence of:
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i
STATE OF FLORIDA,
COUNTY OF S j. L U~=! E
I HEREBY CERTIFY that on this day, before mc,
an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgements, personally appeared
WILLIE 8. WASHINGTON, A MIDOV
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.
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WITNESS my hand and official seal in the County and State last aforesaid this ~ yjly _ day of
~ m~ A. D. 19 8d
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s This Instrument prepared by: Roger L. Keilholtz
Rehabilitation Specialist
Planning and Development Department , r•~~~'```"
- -.let. '.~l/rr 91 E~T.J' r , ~
Address : City of Fort Pierce , ,,,s~;.,;~;'~Exri,. t;i; • - ,
P. 0. Box 1480 -•-M«~ ~
~ Fort Pierce, Florida 33454 -
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~ a~~ 332 Pa~E 406 r
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