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HomeMy WebLinkAbout0404 and shall perform, comply with and bbide by each and every the agreerttenls, atipulationi, conditions and covenants ihereoj, and of this moMgape. then fha mortgage and the .estate hereby crated, shall cease, de- ferutlne and 6e null and void. the mortgagor hereby Jurfher covenants and agues to pay promptly when due the principal and interraf and other sums of money provided jor 1n mid note and th4 mortgage, or ellher; to pay all and singular fhs taxes. assessments, levies. ltobiltties, obligatioru, and encumbrances of every natttre on said pro- perty; fo permit, rnmmif or sujjer no wosfs, intpairmenf or defsrior+ation of said land or the Improvements fherrcn of any lime; to beep the buildings now or hereafter on Bald land juUy Insured to a sum of not less than -------FULL INSURA6LE VALUE-------------------------------------------- in acompany or companies acceptable to the mortgagee. the policy or policies to be held by, and payable to, mid mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to r+eceiue and apply the same !o the indebtedneis hereby secured, accotutttrtp to fhs mortgagor for any surpltts: fo pay all coats. charges. and expenses. inclttding lawyeri Jess and title ssarchea, reasonably incurred or paid 6y the mortgagee because of the jatlttre of the mortgagor to promptly and fully comply with the agreements, sfipulalions, conditions and covenants of said note and this mortgage. or either: to perform, comply with and abide 6y each and every the agreements. attpulattons, conditions and covenants set forth In 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 by virtue of said note and this nto?tgage, or either. the mortgagee may pay the same. without waiving or affecting the option to. foreclose or any other right hereunder, and all strcls payments shall bear intsrrst jroni date thereof at the highest law- fu! rate `then allowed 6y /he laws of the State of Florida. ~l any sum of money herein referred fo be not promptly paid within FIFTEEN days next after the same becomes due, or ij each and every the agreements, stipulations. conditions and covenants of mid note and this mortgage, or either, are not fully perjonned, complied 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,•6ecome and-be due and payable, anything to mid nose or herein to the controry nofwilhstawding. Failure 6y the mortgagee to exercise any of the rights or options heroin provided shall not constitute a waiver of any rights or options under said note or this mortgage acert:ed a thereafter accruing. ~n ~J~eSS ~h~of, the said mortgagor has herrunto signed and sealed these presents the day and year first above u~riften. $ign sealed ~ deI ?er in the presence oj: ' ~~~~fTi1•- MICHAEL S. HU T ~.J~ . li I I STATE OF FLORIDA, cou~TV OF ST. LUCIE ~ f HEREBY CERTIFY chat on this day, before me, ao officer duly authorized in the State aforesaid and in the County aforesaid to ukr acknowkdgmenes, personally appeared MICHAEL S. HURST, to me known to be the person described in and who executed the forcgoinmS instrument and he acknowkdaed before me that he executed the same. e NI1i~1ESS my hand and official seal in the County and Sute last aforesaid this 5th day of September A. D. 19 8U- e J ~ / n _ ~ y C mnission Expires: 8/2/84 - € 190 S~~ 9 AI; 3- 3~ FIlEC ~siC ~ECUKI:ID = Sf. UGff CGUti~Y.flA. r • - CLERK CIRCUfT CO . ~ 48684 fib' ~tiG~'u . "'~iy`lfN~}ir~minr~ P'rIP!~'4~~'dG~~~! tva^ y{.M~``,ROBINETTE G. OOLEY ~Sf M, ~Addrsr ~.~s~ r:-,~:,c:,r~ isr~d Car~yany • e:K~ C $ u. rt~g7tivay Port St. Luce, Faor~da 33~t~ ~ P~iE _ .