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HomeMy WebLinkAbout1008 f and shall perform, comply wifh and abide 6y each and every the agreements, stipulations, conditions and couenants ther+eoj, and of this mortgage, then this mortgage and the estate hereby created, shall cease, ds- fprmine and be null and void. ii~ the mortgagor hereby f urlher coupnanfs and agrees fo pay promptly when dos the principal and interest and other sums aj .money provided for in said note and this mortgage, or either; to pay all and singular the taxes, assessments, levies. liabilities, obligations, and encumbroncei of euery nattu+e on said pro- perly: to pet-rrtil, commit or suffer no waste, impnitment .or dete?Ioration of said land or the improvements .thereon of any time: to beep the buildings now or he?eafter on said land fully insured in a sum of not less than X20,000.00 in fire and windstorm insurance in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable to, said morfpapee, and in the event any sum o/ money becomes payable by virtue of such insurance the mortgagee shall have fire right to receive and apply the same to the indebtedness hereby secured, accounting to the morfpapor for any surplus: to pay all costa, charges, and expenses, incltuling lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditionu and covenants of said note and this mortgage. or eilhrr; to perform, rnmply with and abide 6y each and every the agreements, stipulattoru, conditions and covenants set forth in said note and this mortgage or either. In- the event the mortgagor jails-to pay when due any tax, assessment, insurance premium or other sum o/ money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without tuaiving or of feeling the option to foreclose or any other ?ipht hereunder, and all such payments shall bear interest from date the?eof at the highest law- f ul rate `then allowed by the laws of the State of Florida. ~ ctny sum of money herein referred fo 6e not promptly paid within --20-- day: next after the same becomes due, or if each and euery the agreements, stipulations, conditions and covenants of said note and this morfgapp, or either, are not fully performed, complied wifh •and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid Chet-eon, shall forthwith or thereafter, a1 fhp option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary nofu~ithsfandinp. Failure by the mortgagee to exercise any of the rights or options herein provided shag not consfihrfp a waiver of any riphfs or options under said note or this mortgage accrued or Ihereajfpr accruing. ~n ~itneSS whereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. 1 Signed. sea pd a delivered in the presence of : t a ~ V,J~/ 1~T f - - • - k ~ l f 1 i STATE OF FLORIDA. COUNTY 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 acknowledgmenu, personally appeared Willard Nathaz'iiel Darville and Rosa B. Darville, his wife to nm known to be the person $ described in and who executed the foregoing instrument and they acknowledged befon• me that they executed the same. WIT\F.SS my hand and official seal in the County and State last aforesaid this 21St ' :.:,may of July a. D. 1980 ~1 ~ v • , ~ r I ~ . . . ..a.......w.... _ _.......~.Ja - 19~ JtN. 22 P!f 2 51 Ndt, ~la~~,:. : a r My Commissisn Ex . ' c) tlEO RNC F~E60RDEtD t;enrMetf thro Jerfeo It,Y` new •~1' ~ 1 t ROG~ P01tRAS ci.EisK cr~cftlT ccu ~ 3 tt RECCf!D YERIFIEQ_.._ ~w~ I %ic Gulnriiiral Fn~aur! /?y: F • A. Harris _ € 410 Orange Ave . I .•1./Jns~ Ft . Pierce , Fla . 60~01(~~ P~tGE~~