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HomeMy WebLinkAbout0906 and shall perform, comply with and abide 6y each and every the agree?rtents, stipulationi, conditions and cotenants thereof, and o{ this mortgage, then this mortgage and the estate hereby coated, shall cease, de- te?mine and 6e null and toil. ~nR the mortgagor hereby f urfher covenants and ogress fo pay promptly when due the principal and Inferes! and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the taxes, assessments, leutes, liabilffies, o6ligafiorts, and encumbrances of every nature on said pro- perly; to permit, commit or suJ/er no waste, impairment or deterio?afion of said land or the tmprouemenfs therwrrt at any Time: to keep flte buildings nou• or hereafter o?t said land fully insured to a sum of not less than the full insurable value. in a comtrany or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable to, said mortgagee, and in the ete?rt any stem of money becomes payable by virtue of such insurance the mortgagee shall harp the right to receive and apply the same fo the Indebtedness hereby secured, accounting to the mortgagor for any surplus: to pay all costs, charges, and expenses. including lawyer's fees and title searches, reasonably incurred or paid by the ortgagee because of the failure o/ the mortgagor to promptly s_. and fully comply with the agreements, sfipu s, conditions and covenants of said note and this mortgage. or r-if:.ar: to r:: t::n. comply with and abide 6 e and every the agreements, stipulations, conditions and cotenants set forth in said note and this mortgage or either. In the event the mortgagor fails fo pay when due mry tat;, assessment, insurance premium or other sum of money payable by virtue of said note and this morlflage, or Pitlter, the mortgactPP may pay the same. ttrithotrt uraiving or affecting the option fo foreclose • or any other right hereunder, and all such payments shall bear interest from date thereof of the highest law- f uI rate then allowed by the laws of the State of Florida. ~l any sum of monrv herein relPrrnd to be not promptly paid within 30 days days next of ter t11e same becomes due, or if Pach and PrPry the agreements, stipulations. conditions and covenants of said mote acid this mortgage. or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said rtofe, and this mortgage. or the entire balance unpaid thereon, shall forthwith or fhereaftpr, at the option of fhP mortgagee. become and 6P due and payable, anything in said note or herein to the contrary notunfhsfonding- Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitrrk' a waiter of any rights or options under said note or this mortgage accrued or I Iherna f lrr ncc raring. ~n witness whereof, the said mortgagor has IIPMllrlt0 signed and 3PalPd these presents the clay and year first aborr u'rittrn. Signed, sealed and delirerrd in the presence of : ~ BE NI~ ICE COX ! I i I ~ f I S'I:aTE (1F FLORIDA, l ~ ccn-~Tti• (~E ST. LUCIE ~ HF.REBI' CERTIFY that on this day, before me, an o((ire•r ~lulc authuri?rd in the Stair aforesaid and in the County afor.-said to take acknowltdgments, personally appeared BERNICE COX to nu- known to ire the tx-rsnn described in and who rarcutrd the forr¢oin¢ instrument and SHE acknowledged i i Ix•fun- me that SHE executed the same. ~~'ll \F.SS my hand and official seal in the County and State last esj~id this Zn d?Y of June n. !9 80. / i . % 4b~i341 _ : y/ r..,l <<. ~~t.v,t.~i:, tr: ~ ..l LUGi ±':.+:N(Y.f; } rootARl? IUItiC STATE Di EIORlfall AT lAftf,'8 ta• ~ ~ _ ~ i RGIiCR i'~IiR.:5 lrtY GOMMKSION t7v1~S AtJG• IJ 1982 ~ G CLEi.~ L! ••"_Ci~ CC~ tJOMED Tim! GEKU11 IUD. IR~DfRWRITERf vA ~ ~ ~ v T ~ ` ~ tt I I { %lri+ /rWnnnrrtl ~rr~n/c'c~ l?y: ~ ~ ,1JJrr-~1 f 800~1(e~.'~ PLGf