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HomeMy WebLinkAbout0386 and ,hall pe?jorm, comply with and abide 6y each and every the agreements, atipulotto?is, eoreditioret and covenants fhe?eo% and of fhtt mortgage. then Heft mortgoge and the estate herby crested, shall cewe. de- te?mins and be null and void. the mortgagor hereby juNhsr covenants and agrees fo pay promptly when dw the pt?ecipal and interes! and other sums of money provided for to said Hole and this mortgage. a cribs: fo pay all and singular the fares. assessments, levies. Ilabtltlies, obllgaltons. and encumbrances of every nature on said pro- perty: to permit. commit or suffer no waste. impatrmenf or deferforotton of sold land or the tmprowmenls fhere!on at any time; to Iteep the buildings now or herwajter on said fared fully insured. in n sum. of not lest than -------FULL INSURABLE VALI~E in a rnmpany or rn?npantea acceptable fo t s mortgagee. the policy or policies to be held 6y, and payable to, raid mortgagee, and in the everet any sum of money becomes payable 6y vtrtw of such insurance the mortgagee shall have. the right to receive and apply the same to the indebtedness hereby secured, euaeotrreting to the mortgagor for any surplus: to pay all rnsts, charges, and expenses, including lawyeri fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly tend fully comply with the. agreements, stipulations, condtftona and rnnenants o/ sold note and lhts mortgage. or either; fo perform, rnmply with and abide 6y each and every Ihs agreements. stipulations, condiftons aced covenants set forth in acid note and this mortgage or either. In the event the mortgagor jal4 fo pay when dw any tnx, assessment, inuurance premium or other sum of money pnya6le 6y virtue of said note and this mortgage, or,either, the mortgngae may pay the same. without waiving or afjecftng the option to foreclose or any other'ight hereunder, and all such payments shall bear interest from date thereof at the highest law- f ul rate then allowed 6y the laws of the State o/ Florida. ~l f any sum of money herein referred fo be not promptly pakl within THIRTY - days next after the same becomes due, or ij each and every the agreements, stipulations, conditions and covenanb of said note and this mortgage, or either, are not fully performed, complied wtfh and abided 6y, then rice entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall :jorflewith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the rnnfrory nolwilhstanding. Failure by the mortgagee fo exercise any of the rights or options herein provided shall not conslift?fe a~waiver o/ any rights or options under said vole or this mortgage accrued or thereafter accruing. ~n ~1tIltSS ~IlPCtOf, the said mortgagor has hereunto signed and sealed these presents the day and year first above u~rilfen. Signed, sealed and define fn the presence. of • - - - - ----DONAL~~-~OBL ~ _ -o- - - - ALE ~~.~.~..~R..----...._..----------•----------~ I - i l STATE OF FLORIDA. COUNTY OF ST.LUCIE I HEREBY CERTIFY chat oa this day. lxfore see, as officer duly authorized in the Starr aforesaid and in the. County aforesaid to take acktwwkdgments, personalty appeared DONALD COBLE and DEBBIE COBLE, his wife ° to me known to he the prrsoe6 deuribed in and who executed thr, foreRoinR instrument and they ackoowkdacd before me that eh~ executed the same. i H'I7'NESS my habd and official seal in thr ('.curry and State last aforesaid this 5th day d September . A. D. 19 $D, . 4986'5 , ~ ~Y Comm ss i on Exp res : 8/ 12/~ 190 SEP _g AN g i S 4 FIIFU ahU ~ECONi1:p , sr.LUCrECG~1YFr~. .r R~Eft P fTRAS rs: CLERK CIRCUIT CRldRi ,,;,,,,sec,`, cCOQR ~ I7iti IiuMinu~n~ prprlyd by: ~ ROBINETTE G. OOLEY C~ . 90{1K J~JV P~ . - _ - , f