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HomeMy WebLinkAbout1183 and shall perform, comply with and abide by each and every the agreement, stlpulsdioris. oortdNioru and oovenanb thereof. and of tht morigafte, then !ht martgaga and the estate herby chafed. dull cease. de- lermine and be null and void. the mortgagor hereby jurth.r oowna?tt and agre« to pay promptly when tiro the prttsctpo! and tnterrsl and other sums of money provided for in said note artd this mortgage. or tither: to pay Del and stnguear the taxra, assessment, levies, ltabilittee, obltgattorts, and encumbranoa of every ratans on wtd pro- perty; to permit, commit or suffer no waste. impairment o? deterioration of said land ar the tmpnowment thereon 6t any lime; to Iteep the buildings now or herett/tsr on said land jolly iruured in a sum of not less Ikon highest insurable value. in a company or cornpanles acceptable to the mortgage.. the policy or poltcia to 6s held 6y, and payable to, said mortgagee, and In the event any sum of money 6eoomes payable by virtue bj such tnsunann the mortgagee shall have the right to receive and apply the same to she indebtedness herby second, sa~otutttrto to the mortgagor for any sttrplw; to pay aU cost, charges. and expenses. including lawyer i jea and Nile searches, reasonably incurred or paid 6y the mortgagee 6ecnuss of the jailor of the mortgagor b promptly and jolly comply with the agreement. stipulations, oondtttons and covenant of said nob and this mortgage. or either; to perform, comply with and abide 6y each and every lets ogreerrwrtt, stipulations, oondtttons end covenants set forth to sold note and tht mortgage or either. /n the event lets ntafgogor jails b pay when due any tax, assessment, insurance premium or other stun of money payable by vtrtue of said note and tht mortgage. or either, the mortgagee mny pay the snore. without u~atvtng or of fectlrtg the option to janeba. or any Debar right hereunder. and all such payment ahaU bear interest from dab !hereof at the highest law- ful rate then allowed 6y the laws of the State of Florida. any sum of money herein rejerr+ed to be not promptly paid within thirty days next after the same 6ernmes due. or ij each and every the agreement. stipulations, conditions and eovertan4 of said note and this mortgage, or either. are not jolly pert otsrted. competed with and abided 6y, then the enter sum ntentloned in said note. and this mortgage. or the entire balance unpaid thereon. shag forthwith or !hereof ter, at the option of the mortgagee, become and be due and payable. anything in said note a hensin to the contrary notwithstanding. Fateure 6y the mortgagee to exercise any of the right ar options h.nirt provided shall not rnnstitttte a waiver of any rights or options under said note a tht mortgage accrued a thereafter accruing. ~n ~itntSS ~herrof, the said mortgagor has hereunto signed and sealed these patent the day and year first above written. - Signed, sealed and delivered in the presence oj: DAVID D. BARNES -----a~~_-- - ~ 9 .L~~'~~~~~N J . BARNES i i E ~ STATF. OF FLORIDA. COUNTY OF St . Lucie I HEREBY CBRTIFY that oa this day, hdore me, an oFgcer duly authorised in the State aforesaid and in the County aforesaid to take acknowted6ments, penonaUy appeared David D. Barnes and Christine J. Barnes, his wife to the known to he the person $lescr?bed in and who executed the foreaoinR instrument and who ackaowkdeed he(ot+4~ me that theye:ecuted the same. „..Hnr.„%,E~ my hand and official seal in the Counq and Sate lot aforesaid this day o[ . _ /j t . w = ` = ` ~ 0 ARY PU LIC o~ "t '~a~" 49964 Rat+~.~ . c `os6, - 4...... - . ~ . , say g1 ~ ~ ~ ~ 42 ~T T_ T RftlilRO YkRR ?kC~- - • i I1iis Insfrur,rcnr pnp~ord by: f Addr~u g~334 PI~ii84