HomeMy WebLinkAbout1989 and shall perform, comply with and abide by each and every the agreements, stipuWtions, conditions and covenants thereof, and
of this mortgage, then this mortgage and the estate hereby createdshaU cease, determine and be null and void
~nd the mortgagor hereby further covenants a»d ag?eu to pay promptly when due the principaland interest and
other sums of money provided for in said note and this mortgage, or either; to pay all and singular tht tazu, assessments, levies,
liabilities, obli8ations, and encumbrance of every nature on saki property; to permit, commit or suffer no waste, impoirment or
deterioration of said land or the i rovements thereon at any time; to keep the buildings now or hereafter on said brad fully in-
sured in a sum of not less than t~ul l insurable value
in a company o?companie acceptable to the mortgagee, the policy or policies to be held by,and payable to,said mortgngce,and
in the event any sum of money 6ecomupayabk by virtue ojsuch insurance the mostgagee shall have the right to receive and
apply the same to the indebtedness hereby secured, accounting to the mwtgagor for any surplws; to pay all costs, chagu, and
expense, including lawyer's fie and title searchu, reasonably incurred or paid 6y the mortgagee because of the fa~7ure of the
' mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this more
gage, or either; to perform, comply with and abide by each and every the agreements, stipulatbns, conditions and covenwnts
set forth in said note and this mortgage or either. !n the event the mortgagor faik to pay when due any tax, assusmcnt, insur-
ance premwm or other sum of money payn6k by virtue of said note and this mortgagr, or either, the mortgagee may pay. the
same, without waiving or affecting the option to forecbse o. any other right hereunder, and all such payments shag bear irate,
et from date thereof at the highut lawful rate then albwed by the laws of the State of Fbrida.
any sum of money herein referred to 6e not promptly paid within 30 days next afar the same become
due, or if each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, o. either, are
not fully 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 sold Holt or herein to the contrary notwithstanding. Far1ure 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 or thereafter accru•
ing. '
~n witness ~hrrrof, the said mortgagor has hereunto signori and sealed these presents the day erne yeas
~grst above written.
Signed, sealed a~ul deli in the pruenee of.•
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STATE OF FLORIDA, l
COUNTY OF ST'L l/C'!,E
• I 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
Willie & Lillie Sandifer
to me known to be the person described in and who executed the foregoing instrument and they uknowledged
before me that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this ,t ,~/p • day of
? U,(/t A. D. 19 8 ~ .
•
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This Instrtanent prepared by: Roger Keilholtz
Rehabilitation Specialist , ;f - • _
P1 anni rag and Development ~ ' `r,~ •
~ Address : City of Fort Pierce : = '
P. 0. Box 1480 ~
Fort Pierce, Florida 33454 - , s' = ~ " _
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' BtlOK JJ~ P115F 1982 ~ ~ ~ - }
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