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HomeMy WebLinkAbout1870 and shall perform, comply with and abide by each and- every the agreements. sttpulalioni. rnndtfions and covenants thereof, a??d of this mortgage, then lhta marlgage and Ihs estate hereby created, shall cease. de- termine and 6e null and void. Till the mortgagor hereby further covenants and agrees fo pay promptly when dw 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 tares; assessments, levies, Ilabililiea, obligatioru, and encumbrances of every naturo on t:aid pro- perly; to permit. commit or sttf jer no waste. impairment or deleriornlion of said Land or fhs improvemenb Iherecn at any time: to beep the buildings now or hereafter on said land fully insured in a sum of not less. Ihan nil in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and fn the event any sum of money becomes payable 6y virlw of ouch instuance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor (or any surplus: fo pay all costs, charges, and expenses, including lawyer i jeer and Ittb searches, reasonably incurred or paid 6y the mortgagee because of the jaileur of the mortgagor to promptly and fully comply with the agreemertfs, stipulations, conditions and covenants of said note and this mortgage, or either; fo perform, comply tuith and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and Ihis mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said Hole and this mortgage. or either, the mortgagee may pay the same, without wntving or affecting the option fo foreclose or any other right hereunder, and all such payments shall bear Interest from date thereof at the highest law- (nl rate then allowed by the Iaurs of the Stale of Florida. ~l any sum of money herein referred to 6e not promptly paid within thirty days next after the same becomes due, or if each and every the agreements, stipulations. conditions nnc~ 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, or the entire- balance unpaid !hereon, shall forthwith or thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary note+rfhslanrlirtg. Failure by the mortgagee to exercise any of the rights or opliona herein provided shall not constitute a u+aiver of arty rights or options under said note or Ihis mortgage accrued or thereafter accruing: ' ~n witness ~heCeof, the said mortgagor has hereunto signed and sealed these presents the day and year first above «+riffen. Slgned, SPOIPd and debt+ered in the pIPSPnCP ,Oj: ~ ~ / DALE LONG, as tee J - - ...-n~-..: - - - - - - - EILEEN T. LONG, as rustee unifier E e .Long Irrevocable Trust as recorded ~in-0. R. Book 330, page 2729, of the ~ Public Records of St Lucie County, Florida. I STATE OF FLORID:1, ~ j 1 HEREBY CERTIFY that on this day, before me+ an officer dul~• authorirrd in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally ap ared DALE LONG and EILE$N T. LONG,-his wife, as Trustees under the Long Irrevocable rus~t- as ~r7ecorded in O.R. Book 330, page 2729, of the Public Records of St. Luci t ~{~tersosvnatb~~ prrson Sdescribed in and who raecuted the forego+ng instrument and WhO acknowledged 1 ~ Ix(ore mr that t h e yexecuted the same. ~~•I"1 \ESS my hand and official seal in th~• (:ounty and State last aforesaid this ~ ~ day of tloT- Y-. v~.~.~~.....-- Y ~ h . _ - ~ -6 ASS ~ 32 i ~ frNl: fCCUltilEil ~.>s ~ s ROGE1t POITR~?S ~`:',`'.~',=s'~ ~ CLERK CIRCU?T t0 : • + . I 1 s ! PECeee vrftr~l£~ . MY COMMISSION EXPIF.ES • +sfrry Pt:'asc, St=.le o1 Florida at La:~ ;ly Comrrssion Expires fir. 28, 1ii81 l~a.;.1 A„nrta fr. a Gs.+9ry Co. pare ' !%i--+ lirslniurt~N err perr ~l hy: :'1 ~ltln _ss ecl' 332 ~wE 1854 +ym,..., - - fi rlr i -+LT " $+i ~'2-