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HomeMy WebLinkAbout0278 and :hall per/orm, comply wtfh and abide 6y each and every the agreements, stipulations, condiffona and covenants thereof, and of flits mortgage, then this mortgage and the state herby created, shall crate, de- termine and be null and void. the mortgagor hprt~6y . f tfrthpr covenants and agrees to pay promptly when due the prtnctpa! and interest and other sums of money provided for fn said note and this mortgage, or either; to pay all and singular the faxes, assessments; levies, liabilities, obligations, and encumbronces of every nature on said pro- perly: to permit. commit or suffer no waste, impairment or deterioration of said Land or the improvements thereon of any time; to tteep the buildings now or hereafter on said land fully insured in a sum o/ not Iesa than X25,000.00 in fire and windstrom insurance in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable to. said mortgagee, and in the event any stun of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any stuplw; to pay all costs. charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee bemuse of the jafltus of the mortgagor to promptly and fully comply with the agreements, stipulations, condtfions and covenants of said note and this mortgage, or either; to perform, comply with and abide 6y each and every the agreements. stipulationu, rnndifions and covenants set forth in said note and this mortgage or either. ?n the event the mortgagor /ails to pry when due any tax. assessment. insurance premium or other sum o/ money payable 6y virtue o/ said note and this mortgage, or either, the mortgagee may pay the same, without waiving or a//ecfing the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lpw- (ul rate then allowed by the laws o/ the Sfafe of Florida. - - any sum o/ money herein referred to be Itot promptly paid within----25--- days next alter the same becomes due. or if each and every the agreements. stipulations. condifiona and covenants of said note and this mortgage. or either, are not fully performed, complied with,-and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, .shall forthwith or lherrajter, at the option of • the mortgagee, become and 6e due and payable, anything in said note or herein fo-the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the fights or options herein provided shall not constitute a wnit~er of any rights or options under said note or this moNgage accrued or thereafter accruing. ~n ~~ulQSS ~hertof, the said mortgagor has hereunto signed and sealed these presents the day and year first above u?ritfen. Signed. seals an delivered in the presence of : Q ~c~. ST gR.EJlK ql~ COURT i g KERlf IEO Q~~i~ E STATE OF FLORIDA, ~ cotr~rTY of St.Lucie I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Mar3orie Gaskin a/k/a Marjorie Betts Gaskin ~ to me known to be the person described in and .who executed the forcQoinq instrument and she acknorkdaed t before me that she executes the same. - ;•l, _ . WITtiESS my hand and official seal in the County and State last aforesaid thu !t•~ "~c~a#r••of f A •~.~:f . ~ JuIY A. D. 19 80 : = ~ ~ ..r.... ~vy....~..:.+ L~~ Y 1:.,.~ r : ~C. FCC: i ,_4, ~.W~f ('~@ ' ~ t '.ty Commission Expires F6D,.~ ,l~i$2...•••~. ` . sanded thtu .ledco Insuraacs,~!Igdli cyj !t1'l I { a, i~ t i I %is hlslnrau•rrI p>r pnrc~l ly: F • A . Harri s 410 Orange Ave "gyp AJ./rcrs Fort •Pierce, Fla. $CGK~~ I'!(iE ~ 1!O i _~~~y _ ~ =ate