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HomeMy WebLinkAbout1759 `sl ~ • tj:.` and :hall per/orm, comply with and a6id• 6y each and every the agreetnenb, atipulafions, condtttorte and eownant thereof. and of thb mortgage, then thb mortgage and eh• estate her+t(iy created, shall ceoue, de- termine and 6e null and void. - fhe mortgagor hereby juNher covenant and agree to pay promptly when due the principal and interest and other :tuns of money provided for to said noes and fhb moNgoge, or either: to pay all and singular fhe taxes. aaeume¢ts, levies. ltabilitia, o6ltgattons+ and encumbroncw of every nature on said pro- perly: fo permit, commit or suffer no uiaste, lrnpnirrtt«te or d~teriorotion of said land or the improvement thereon at any time: to blip the buildings now a herrajtsr on said land fully insured to n soot of not less than $20,000.00 1n fire and windstorm insurance in a company or rnmpanea aeeeptnble fo the mortgagee. the policy or poltcia to 6e held 6y, and payable to, said mortgagee, and in the event any ~trwt of money becomes poya64 6y virtue of such irtsunance the _ mortgagee shall haw the right to rMesiw and apply th. same to the indebtedness hereby secured. aeoountirtg to the mortgagor /or any surplw: to pay all cost, charge, and expenses. including .lawyer i fees and tftb searches: reasonably incurred or paid 6y the mortgagee because of the jniture of the mortgagor to promptly and fully compfp with fhe agreements. sHpulatfons, eortdttfons and covenant of sold note and this mortgage. or either: to pe?form. comply with and abide 6y each and every the agresrrtenfs. stipulations. CO/iditioru and - covennnt set forth in sold note and fhb morfgnge or either. In the event the mortgagor jails b pay when due any tax, assessment, Insurance premium a other sum of nwney payable 6y virtue of said note and thb mortgage, or either, .the mortgagee may pay the same. without waiving or ajjecting the option to foreclose or any other right hereunder, and all such payment shall bear interest /rom dale thereof at the highest law- f ul rate then nlbwed by the Laws of fhe Stab of Florida. any sum of money herein referred to be not promptly paid within ---20--- days next after _ the same becomes due, or lj each and every the ugretments, stipulations, conditions and covenant of said note and thb mortgage. or either. are not jolly performed. complied with...and abided by, then fhe entire sum mentioned !n said note. and this mortgage, or the entire balartc~s unpaid fhertron+ shall forthwith or thereafter, at the option of the mortgagee, become and be dos and payable, anything in said nob or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights a options herein .provided shall not constitute a waiver of any rights or options under said note or fhb mortgage accrued or thereafter accruing. " ~n ~lLll~, ~~tertof, fhe said mortgagor has hereunt signed and sealed these presents the day and year first stow written. Signed, sea ~ e 've fhe presence of ~cc.+? j. - - I i " STATE OF FLORIDA, covNTY of St . Lucie ~ . I HEREBY CERTIFY that on this day. before me• as officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments. personally appeared William Gardner, Jr. ~ r to me known to be the person described is and who executed the foregoing instrument and he aped before me that hg executed the same. ,,t,Nu -'1~. WITNESS my. hand and -official seal in the- County and State last aforesaid this 2`~,~ ~~!1Q ~ ~f Jul 80 ~ ~ti.=::- rz.~~ . . r _ AA ~ -n• ~ ! 1 j _ • t.....«. ~~ti 2 8 ~m 8: 3v Notary Atbii~, 10~ a s~, 3 ply Commission bcpi~'(~O"+',. !`'y S REC f~Fa Bonded thru Jedco InSUr6ft~...~'••-•+a~ . i atxlm vt:ptFlea.~ l7irs hwnuacid prcpmrd hy: F . A .Harris - 410 Orange Ave . ~~p~ ? Ar/Ja-ss ~ sUt1Rt~ PAGEi~e z Fort Pierce, Fla. I - s. - _ -