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HomeMy WebLinkAbout1099 ~ and shall perform, comply wish and abide 6y each and Every the agreements, stipulations, conditions and rnvenanfs thereof, and of this mortgage, then this mortgage and the estate hereby c?eated, shall cease, de- termine and 6e null and void. Ri~ the mortgagor hen:br /urther covenants and agrees to pay promptly when dw the principal and interest and other sums of money provided for fn said note and this mortgage, or either; to pay all and singular the taxes, assessments, levies. Ita6lltties, obkgaftons, and enctunbronces of every nature on said pro- perty; to petmif, commit or suffer no wrote, impairment or detertorofion of said land or the improvements thereon at any lime: to deep the buildings now or hereafter on said land fully insured in a stun o/ not less than in a rnmpany or companies acceptable to the mortgagee, the policy or policies to ba held 6y, and payable to, :aid mortgagee, and in the event any sum of money becomes payable by virtw o/ such Insurance the mortgagee shall havo the right to receive and opply the same to the tndebtedneas hereby sectu+ed, neeounttng ~ to the mortgagor for any surplw: to pay all cosh. charges, and expenses. inc[teding lawreri fees and title searches, reasonably tncttr?ed or paid by the mortgagee because of the fatltu+e of the mortgagor to promptly and /trlly rnmply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either; fo perform, comply with and abido br each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. /n the event the mortgagor jails to pay when due any tax, assessment, insurance premitun or other sum of money payable by virtw of said note and thin mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all stub payments shall bear interest from date thereof at the highest !aw- f ul rate `then allowed by the laws of the State of Florida. ~L any sum o] money herein referred fo be not promptly paid within thirty days next after the same becomes due, or if each and every the agreements. stipulations. conditions and covenants of said note and this mortgoge, or either; are not fully performed, complied with -and abided 6r, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid therron, shall forthwith or thereafter, at the option of the mortgagee, become and be dw and parable, anything in raid note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exerriss any of the rights or options herein provided shall not conatitttte a waiver of am rights or options under said note or this mortgage acrnied or thereafter accruing. ~n ~lLll~ ~he~tof, the said mortgagor has hereunto signed and sealed there presents the day and year fin! above written. Sign ,sealed and delit•ered to the senp oj: N a n ey A 11 e n ~ - ~1 ~ STATE OF FLORIDA, ~ COUNTY OF St Lucie I HEREBY CERTIFY that on this day, before me, as officer duly authori:cd in the Stair aforesaid and in the County aforesaid to take acknowkdStaents, personally appeared ! Nancy Allen P I ' to me known to br the person descr'bed in and who executed the forcRoit~ instrument and she acknowkdaed i [ before me that Sh~xecuted the same. N ITNESS my hand and official seal is the County and State .last aforesaid this 2nd day of July A. D. 19 8i) i 1 4g1~. t`iOTARY FUBIsC STATE of FLORIDA AT lJ?Rf~ MY CQNUd I $S I ON EJ~f I RES pEC 19 198 3 10NDEl) ~NRU GENERAL I WRITERZ 1930 .~Jlt. •7 PM1 ~ { 0 .•~'ke~.~~e~"f~~ . . h C .I~ q 'i pA F[COt?~lY ~`r, ""~slb~~ `.c'~' gyp;' q.ERK Cgtp>R give"s,~". ' : - . ti[CtW~ - :B , 1%itc Irumune~~t prpnrrd by: Syrelda Troy , ;~S Aclit`irss P.O. Box 8, Ft. Pierce, FL 33454