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HomeMy WebLinkAbout0648 y - and shop perform, comply with and abide by each and every the agreements, stipubtions, conditions and coverwnts thereof, and of shit nwregr~e, then this mortgage and the estate hereby aeatedsha/1 cease, determine and be rwll and void ilnd the mo?tgag~or hereby furthe. covenm+ts and agroes to pay promptly when due the principal and interest and other sums of money provided for in raid note and this mortgage, or either, to pay all and singubr the taxes, assessments, kviss, JiabBities, obkgations, and encumbrances ojevery nature on said property; to permit, commit or suffsr no warts, impairment or deterioration of said Land or the improvements ths?eon at any time; to 4eep the buildings now or hereafter on said land fully in- sured in a sumof not less than full insurable value in a eonq~any orcompaniu acceptable to the nartgggee, the policy or policiu to be held by,and payable to,said mortgagegand in the event any sum of money becomes payable by vireos of such inswance the mortgggse shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surpWs; to pay ail costs, charges, and expena~ u+cWdinl lawyer's fees and Ntk searches, reasonably bawrred or paid by tht mortgagee because of the failure of the mostg~agor to P^o"~PdY mcd f"aY ~'"PlY with the agreements, stipubtions, conditions and covenm~ts of said Hots and this mort- glade, or either; to perform, comply with and abide by each sncl every the agreements, stipubtb»~ conditions and covenants set forth in said ante and this mortgagr o? either. In the event the mortgagor fails to pay when due any tax, assessment, insur- ance premium or other sum of money payable by virtue of raid Hots and this mortgage, or either, the mortgagee may pay the same, witha~t waiving or affecting the optirn to forerbse or any other right hereunder, and all such payments shall bear inter- est from date theroof at the highest bwful rote then allowed by the bws of tke State of Florida. any sum of money herein referred to be not promptly paid within 30 days next after tke same bocomu due, or if eoch and every the agreements, stgmbtions, conditions and covenants of said note and this mortgggs, or either, ors not fuDy perform complied with and_ abided by, then the entire sum mentioned in said note, and this nwrtgtsge, or the erg tin balance u.epad thereon, shop forthwith or thereafter, at the option of the mortgages, become dos and payable, anything . in said Hots or harem to the contrary notwithstanding. Faibare by the mortgagee to exercise any of the rights or options hero in provded shaA not constitute a waiver ojany rights or options under said Hots or this mortgage accrued or thereafter accru- ~n ~tneSS ~hrreof, the said mortgagor has hereunto signori and sealed then presents the day and year fast above written Signed, scaled and delivered in the presence of - - _____________1988 J~_..Z__~j ~ 1$____-~ 1 o ~ - E'c~i~ ~ s~iE. °uci . ~~~l~ifrU1T fRA(MT RFCfF.D \'~.FiFirn , _ p J~~ STATE OF FLORIDA, 1 DOUNIY OF Saint Lucie J I HEREBY CERTIFY that on this day, before me, sn officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgements, personally appeued Nancy Allen to me known to be the person dexribed in and who executed the foregoing instrument and She acknowledged before me that She executed the same. Wfl'NESS my hand and official seal in the County and State lot aforesaid this 2nd day of ~ July A- D. 19 $Q ' This instrument prepared by: .,~~'•~~R~`L' Roger Kei l hol ti . \ ~y 1±0~1ry PUbIK, St,1~tt~Ql.fkixa at ~t. Rehab] 1 i tati on Special i~st r~, ; ~~,~t~~ y. . Planning and Development Department r.. : 1~ . Address: ~ = ~ City of Fort Pierce ~ - _ . P . 0. Box 1480 ~ ~ ' ~ Fort Pierce, Florida 33454 snox 334 PacE 648