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HomeMy WebLinkAbout1057 ~ r l - and shall perform, comply with and a61d~ 6y each and every the agreements, slipulattoni, c~ondltbna and catrenanf: thereof, a?td of tha mortgage, then this mortgage and the estate hereby created, shall cease, d~- fermine and be null and void. nlLl~ the mortgagor hen+by juNher covenants and agrees to pay promptly when dw the principal and interest and other sums of money provided jor in said note and this moHgage, or either: to pay all and singular the fares, assessmerrfs, levies, liabilities, obligations, and encumbrances of every natttro on said pro- perty; fo permit. commit or suf jer no u~asfe, impairment or deterioralton of said land or the tmprovements iherec~rt al arty time; to keep the buildings now or hereafter on said land /idly Insured to a sum of no) less than its highest insurable value in a company or companies acceptable to the mortgagee, the poltcy~ or policies to be held 6y, and payable to, said mortgagee, and in the event any stun of money becomes payable 6y virtue of stub trutrrance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting to the mortgagor jor any surpltu: fo pay all cwt:, charges, and expenses, including lawyers jeer and fttb :Parches, reasonably inctuYed or paid 6y the mortgagee because of the failure of the mortgagor fo promptly and fully comply with the agreements. stipulations, conditions and covenants of said note and thu mortgage. or either: to perform, comply with-and abide 6y each and every the agreements. stipulations, rnndillo?ts and cotrenanfs set forth in said note and this mortgage or either. In the event the mortgagor fatb to Ray. when due any fax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay :the same, without waiving or of fecttng the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- juI rate then allowed by the lours of the State of Florida. ~l. any sum of money hernia referred to be not promptly paid within ten (1B) days next after the same .lrPCOmes cltee. or if each and Ptrery the agreemerrfs, stipulations. conditions and rntrenants of said note and Ibis mortgage, or either, are not fully performed, complied with and abided 6y. Ihen the entire sum menlfoned in said rtofe, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter. of the option of tl~e mortgagee, become and 6e due and payable, anything in said note or herein , fo the conlnary nolurilhsfanding. ?=ailtrre by the mortgagee to exercise any of the rights or options herein - prot~idPrl shall not conslilofP a u~airer of any riryhh or options under said note or Ibis mortgage accrued or IhereaflPr accnring. ~n ~~ulrzSS ~h~eof, the said mortgagor Iran hereunto signed and sealed these presents the day and year first nlMr'P a+ritlPn. Signed, sealed and dPlirPrPd in the pres!'nc-P oj: - ...C---Z-...----- - - IE L S ONS - ANNIE M. SIMMON f I € STATE OF FLORIDA, I couNTY OF ST. LUCIE I HEREBY CERTIFY flat on this day, before me, an officer duly authorized in the State aforeuid and in the County aforesaid to take acknowledgments, persoraUy appeared JOHNNIE L. SIMMONS and ANNIE Ai. SIMMONS, his wife, to me known to be the persons described in and who executed the foregoing instrument and they acknowledged treforc me ghat they executed the same. Wl7'NESS my hand and official seal in the County and State last aforesaid this 22nd day of Ju~-yr A. D. 198. 71 D ' Vats{ er-- . Notary Pu~Iic 22 ~ ~ It9 State of Florida at• Large. FaEe sire FECOi<ppfo My Commission Expir~g~~.;;r+j/, J SLLUCIE CGUSTY.fLA. : - ~ ROGER POITRAS _ ' D I ~ ~/j : ~ ; . CLERt( taRCUtT~ tlft~~- - ~ ~ O': . ~ i RECCR;I ~'FRIFiF ~ ~ - ~ - - - I _493691 - - ''?tilt~tntN~`' I /its I,rtlninrnl prrpnird by: dory C. Teel III (TR ' I~x~S PacE1~J~. ,1.1.1r~:~c FEE, KOBLEGARD & TEEL, P.A. P. O. BOX 1000 FORT PIERCE. FLORIDA 33450 1 , i:.:tj.-..~ ~-f