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HomeMy WebLinkAbout2095 and :hall perform. comply with and abide by each and. every the ogreentents. sllpulatbni. conditions and covenant: thereof, and of tuts mortgage, Ihen fhb mortgage and the estate herby created, shall cease, de- termins and be null and twirl. the mortgagor hereby further covenants and agrees to pay promptly whin due the principal and interest and other sums of money provided jar In sold note and ihb mortgage, or either; fo pay all and singular the faxes. assessments, levies, Gabilifte,, obltgationa, and encumbwnees of every nature on said pro- perly: fo permit, commit or suffer no waste, impairment or deleMorafton of laid land or the improvements lherecn at any time: fo keep. the buildings now or hereafter on said land fully insured to a sum of not less - than highest insurable value to n company or companies acceptable to the mortgagee, the policy or policies l0 6e held by. and payable to, said mortgagee, and in the event any atun of money bernmes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the Indebtedness hereby secured, aceounttng fo the mortgagor jar any sttrpltts: to pay all costs. chargas. and expenses. Including lawyer i fees and title searches. reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and /ully rnmply with the agreements, stipulations: condtttoru and covenants of said note and thb mortgage, or either: fo perform. comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth to 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 of money payable 6y virtue of said note and thb - morfgage, or either, the mortgagee may pay the same. without waiving or affecting the option to foreclose or any other right hernunder, and all such payments shall bear interest from date~thereoj at the htghest Iaw- - f ul mte then allowed by the laws of the State of Florida. airy sum of money herein rejer?ed to be not promptly paid within _ 30 .days next after the same becomes due, or ij each and every the agreements. stipulations, conditions rend rnuenanb of sold note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mo?tgage._or the entire balance unpaid thereon, shall. forthwith or • thereafter. at the option of the mortgagee, become and 6e due and payable, anything in said note or herein _ to the contrary notwithstanding. Failure by the mortgages to exercbe any of the .rtghb or options herein provided shall not constitute a waiter of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~itntSS thereof, the said mortgagor has herrunto signed and sealed these presents the day and year first above u~ritfen. Signed, sealed and delivered in the presence of : ~ l RBSTON BUR - ELVERA BtJRNETT li ~ - 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 acknowledgment:, personally appeared PRESTON BURNETT and ELVERA BURIiETT, his wife - to me- known to be the person g described in and who executed the foregoing instrument and Who acknowledged before me that they executed the same. WITNESS my hand and otticial seal in the County and State last aforesaid this 28th day of July A. D. 19 ~ { l,.,t..~.::...,, ;~~t~ ~ • 19$0 JIA. 29 A~ lt~ 55 ~NOTnRY puBiic . _ FILE s:NDFECO~tA t,~Y~~Y, Inc rY. S ROGER PO TRA~ - ' 4r CLERK CIRCUIT CO TQ My commission expires ' ~ tj ~ ; ~ ~ = = RECORD ~'EPIFIEG.__ ' - ~ fate of Florida at ~ar~e - - Notary Public. S ices Uec.1g,19b1 - ` -'r ~ 49A ~7C triy Comm?ss;on ExP 1 l~iis tr~n»» c»~ pnpnrcd by: A~fifrsr 8001(5 PAGE - _ _ s -