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HomeMy WebLinkAbout0123 f i s a?td shall perform, t~mply u~ilh and abI/lP 6y each and every the agreemerlls, atipulafton's, conditions and 3 covenants thereof. artd of this morfgape, then Ihis mortgage and the estate hereby created, shall cease, de- ~ [ermine and 6P null and void. l the mortgagor hen+by f wlher covP?tants and agrees !o pay promptly when dw the principal and interest and o1hPr sums of -money provided for In said note and flits mortgage, or either; to poy all and strlgtllnr IhP fares, assessments, Levies, Liabilities, o6lipaiions, and encumbrances of every nature on said pro- perly; to permit. commit or suffer no waste, impairment or deteriorotion of said land or the improvements ihPrM`rl al arty tlmP; fo I;PPp t11P bt/tldings now or hPrPajter on sold land fully tnst/recl to a sum of not leas than highest insurable value in a company or companies accPpfablP to IhP mortgagee, the policy or policies to 6e held by, and payable to, said mortpageP, and in fhP event nrly sum of money becomes payable 6y virftle of such insurance the morlgapPP shall have the riph! fo receive and apply the same to the indebtedness hereby secured, accounting fo the mortgagor for nny stlrpltls: fo pay all costs, charges, and expenses, including lawyers fees and title searches. reasonably incurred or paid 6y 1hP mo?tgnpee because of the failure of the mortgagor to promptly and ([Illy comply u~ilh the agreements, stipulalions,•conditions and rnnenants o/ said Hole and this mortgage, or either: to perform, comply with and nbide by each and every the agreements, stipulnlions, conditions and S covPnarlls set forth in said note and lhls mortgage or either. In the event the mortgagor fails fo pay when i due arty tax, nssessme/lt, irlst/rance premium or other st/m of money pnyable by virtue of said note and this mortgage, or eiflter, the mortgagee may pay the same, without waiving or of fecfing the option fo foreclose or any other right herntlnder, and all such paymertfs shall 6Par interest from date thereof at the highest law- (Ill MIP then allotvMl by the lalUS Of the Staff of Florida. ~f arty stem of money herein referred Io be not promptly paid within fifteen days next of ter the same becomes dtlP. or if each and every IhP agreements, stipulations. conditions and covenants of said 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 mortgage, or the entire balance unpaid thereon, ahnll forthwith or thereafter, at fhP option of the mortgagee. become and 6P due and payable, anything in said note or herein fo the contrary noftl•ifhstandinp. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitlltP a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~itntSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the day and year first above Ivriflen. Signed, sealed nd deli ere in the pr ce of : ~ J n R. Rea j - athleen B. Rea STATE OF FLORIDA, COL'\TY OF ST. LUCIE ; I HEREBY CERTIFY that on this day, before me, an i ~ ~ officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~ JOHN R. REA and KATHLEEN B. REA, HIS WIFE to mc• known to be the prrsorS described in and who executed the [oregoinq instrument and they acknowkdged Ix•forc me that they executed the same. ~~'I7"tiESS my hand and official seal in the (:ounty and State last aforesaid this 1St day of August A. D. 19 8O i ` 4 949'8 NO 'a l9~0 ~ ~ -4 P~; 2~ 30 ~ ~ «•~t +':6!•t )~a'f U •tcittDA Al t/1R(if fl_EI` phi' <<CGFCii D ST.LUttF CQ'JNTY.FIA. Mt Ct'~t•~,z".:(.Y/ fJU~IR_. ~1 ti Io81 R06ER Pf)1tRA5 ;<s?vDEU iHRU <:crl-.ant ens twt~twtiTERS j CLERK CI CULT G~llR1, ~ - _ `t . „ 'tr t i t y _ . • %liic /rtAni~nrnl pr<'jxtrrd hy: F' U. 432 F • ` ~1r/dn•is I f Fort Plt:rce, Florida 33450 ii i ~4.; ~c ~