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HomeMy WebLinkAbout1226 C.~ +J and shall perform, comply with and abide 6y each and every the agreements. stipulations, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shaA cease, de- termine and be null and twtd. the mortgagor hen+6y further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the faxes, assessments, levies, liabilities, obligations. and encttmbrances of every naturo on snid pro- perly; to pe?rrtil, commit or suffer no waste. impairment or deferiorofton of said land or the improvements !hereon at any time; to deep the buildings now or herwaf ter on said land fully inswed in a stun of not less than $24,000.00 in fire and windstorm insurance in a company or companies acceptable to the mortgages, the policy or policies to be held 6y, and payable to, snid mortgagee, and to the event any sum of money becomes payable 6y virtw of such insutTance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aceounftng to the mortgagor for any surplw; fti pay all coats. chntgei, and expenses. including lawyer's fees and title searches; reasonably incurred or paid by the mortgagee becawe of the jatlttre of the mortgagor fo promptly and fully comply wish the agreements, stipulations, conditions rend covenants of safd note and this mortgage, or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in safd note and this mortgage or either. /n the event the mortgagor fails to pay when due nny fax, assessment, instuance premium or other sum of money payable 6y virtue of snid note and this mortgage, or either, the mortgagee mny prey the snore, without tuaivtng or of fecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date the?eoj at the highest law- f ul rate then allowed by the laws of the Siaie of Tlorida. ` - , any sum of money herein refereed to be not promptly paid within ---20--- days next niter the spore becomes due, or if each and every the agreements, stipulations, conditions rend covenants of snid note and this mortgage, or either, are not fully performed, compl[ed with •and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or fhereajter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein fo the contrary notwithstanding. Failure 6y the mortgagee fo exercise any of the rights or options herein provided shall not constitute n waiver of any rights or options under said note or this mortgage acrn~ed or _ !hereafter accruing. ~n witness thereof, the said mortgagor has hereunto signed and sealed these presenb the day and year first above written. ~ Signed, sealed ar ' •ered in the presence of - - ----.cam.--.- . - . - - - -----tom ~ - STATE OF FLORIDA, COUNTY OF St . Lucie i I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared Robert A. Carr and Gloria D. Carr, his wife to me known to lx the person S described in and who executed the foregoing instrument and they acknowkdRed before me that they executed the same. a~'I,L , WIT\ESS my hand and official seal in the County and Stair last aforesaid this ~3lsf~ . dsy of All USt , g A. D. 1980 t•~yvi:.Jf~'s''~i~ ~ ~ ~ •:~s . t • i.. . 49'7502 ~ . ..~,~t.• ' , - - ~ ~ - - ~.s~r W.a ~~tt _ 19E0 j v'v 27 h~, 3~ 57 Natary Pu~Nc, - sta~tA~ - `j:~- Mir Gommitston Expires Feb.~':•ldl~,~ FlLFQ RNf FF ~Ontu 8ontis4 tl1tU Jtttico Insurartte` !i • ! ST.LUCI[ CWNiY.il A. f ~.J P- ?~~~`~t`,••' ROGER p01TR.15 CLERi( CIRCUl1 CG T , i ` i ' F.A.Harris 1%is hts~nu~au/ pre pnirJ by: 410 Orange Ave . ~~G~nxt Fort Pierce , Fla . pl<GE~~1•J ac~~x -..__3 - _ _ - - - 3