Loading...
HomeMy WebLinkAbout0199 _ _ _ and shall perform, comply with and abide 6y each and every the agreements, stipulationi, conditions and eavenants thereof, and of this mo?tgape, then Chia mortgage and the estate hereby created, shall cease, de- fe?mine and 6e null and twtd. the mortgagor hereby f urlher 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: fo pay all and singular the tares, assessments, levies, ltabililies, obligations, and encumbrances of every nature on said pro- _ perfy; fo permit, commit or suffer no waste. impairment or deterioration of said land or the improvement fherecn at any lime; to keep the buildings now or hereafter on said land fully insured in a sum of not less than highest insurable value irl a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to. said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee Shall hale 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 lawyer': fees and title searches, reasonably incurred or paid by the mortgagee because of the f ailtere of the mortgagor fo promptly and fully comply with the agreements, stipulations, rnnditions and cvvenants of said note and this mortgage. or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and cotenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said Hole and this mortgage, oe eillter, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any afher right hereuunder, and all such payments shall bear interest from date thereof at the highest law- (tlI rate then alloluell bV IhP tall/S Of fhP State of Florida. ~L any sum of mo?tey herein referred fo be not promptly paid within fifteen days next after the same becomes due. or if each and every the agreements, stipulations, conditions and covenant of said note and this mortgage. or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said Hole, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, 6ec~ome and 6e due and payable, anything in said note or herein to the contrary notu~tthstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not cortslifttte a u~ainer of any rights or options tinder said note or this mortgage accrued or thereafter accruing. ~n ~itneSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above turiften. Signed, sealed and deliver d the prose a of ~1.r1 --•-/C1~1-•-•----••----..... Lucian M. Davidson Mildred Davidson EEE6 F . STATE OF FLORIDA, COL\TY OF ST.LUCIE I HEREBY CERTIFY that on this day, before rne, an officer dale authorized in the State aforesaid and in the County aforesaid to take acknowledgmcnu, personally appeared LUCIAN M. DAVIDSON and MILDRED DAVIDSON,HIS WIFE to mr known to be the person $ described in and who executed the foregoing instrument and they acknowledged lietore me• that tl'ley executed the same. \~'I7:\ESS my hand and otiicial seal in the• County and State last aforesaid this 30th daY ~ June A. D. ly 80 r. - Nota y Pub is 1980 .lU 130 P~' 2~ 4 9 - n~:qRr = ~~a ~ia'~ LUit:DA AI L/uRt~ S1.LUCIE CQUNi`l.f: A. Mr COMMISSION fJVIREl SfPI I? 1951 f ROGER POItRAS !c)?vDiD jnaU :,ErvfRnl ur5 u?JDERwR1tER5 x II CLEfiK CIRCUIT COT Q ~ - ' Fry?~A1•~yrFlFn T ~r ;.....,:o~j,~ JOHN ECG~R ^.'~t?p - = I lrrs hts~nnnrir~ prrpnre~r! I?y_ 2v3 S. ~ `:~v_r D: we g~.' ` . fi ,,.1 ;1r/drr.cc Fort S'ierce, Ficrida 33450 ~ .iv•• TfTLE hOT EXAMINED BY SCRIVINER 8G0!!~~ PAGE _ - _ Y :h .