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HomeMy WebLinkAbout0242 r and shall perform, comply with and abide by pack and every the agreements, stipulations, conditions and covenants thereo% and of this mortgage, then thts mortgage and the estate' hereby created, shall cease, de- termine and be nuU and void. end the mortgagor hen'by f urfher covenants and, agrees to pay ptmptly when due the principal and interest and other sums of money provided Jor in said ?iote and this mortgage. or either; to Any all and singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every native on said pro- perty; to petrrtil, commit or suffer no waste, impairment or defertomfion of said land or the improvements thetron of an$ time; to heep~ the buildings now or hereafter on said land fully insured in a stun o/ not less than 1W$N'1'X SIX TgOUSAND DIRTY FIVB DOLLARS ---20/100- in acompany or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to. said mortgagee, and in the event any stun of money becomes payable 6y virtue of such insurwtce the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secu?ed, aecotutftnp to the mortgagor Jor any surplw; fo pay all rnsta, charges, and expenses, tncltedtng lawyer i fees and title searrhps, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly I, and Ji~lly comply with the agreements, stipulations, conditions and covenants of stud note and this mortgoge. or either; to perform, comply with and abide 6y each and every the agreements. stipulations, conditions and rnt'enanfs set forth in said note and this mortgage or either. In the event the mortgagor fnib to pay when due any tax, assessment. insttronce premium or other sum of money payable by virtue of said note and this mortgage, or either. lire mortgagee may pay the same, without tvaiuing or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- (trl rate Ihen allowed by the talus of the State of Florida. I~ arty sum of money herein referred IO be not promptly paid within days next alter the same becomes due, or if each and Avery the agreements, stipulations, conditions and rnvenanls of said • note and this mortgage, or either, are not fully performed, complied with ,and abided 6y, then the entire sum mentioned in said note, and this mortgage. or the entire balance tulpaid therron, 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 mortgagee to exercise any of fire righb or options herein provided shall not constitute a u+aiver of any rights or options under said note or this mortgage accrued or - thereafter accruing. ' ~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. S ned, sealed and deli +pred in the presence o(. _ - P. ' - - - Jiao< L. Barnes fi STATE OF FLORIDA, . COL'~iTY OF SC.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 acknowledgments, personally appeared Jim L. Barnes to m.• known to lx the prrson described in and who executed the foregoing instrument and he ackpot+tkdl~d before me that he executed the same. .,t(iQ' _ - ~ " , ~ ITtiESS m hand and official seal in the Count and Stair last aforesaid this ;5~"` . Y Y ~ ` w day - 1 Ar~ 4 Y~7~~~ •--.----a•-~-~ ~a - tom. HOTNr wave 5T~?fI Oi fUORtO~i[rsi?Y~tlltrib•'',~• AAt? COAI?/AISSION EIVIREi MAr. 2~.1~1:•S` j 190 SEP -8 P'r` i2~ 0 INltl, .~~Ituu INS :xroKwin~~ . !1 ftl<~ sMe Ftcoa~=e~ stt.uclE ~CUMTY.FIA. Rt7GER POITRAS CLERK CIRClt1T COURT I t %us /~wmi~u•~~t errprrrr'i/ /ry: Jackie Talttanine :1./r/rr-ss Southeast First National Bank of Ft.PierCe 300 S. 6~ St., P.O. Boa 970, Ft.Pierce, F1. 33450 ~ ~ Pl1c6E 1G ~ !