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HomeMy WebLinkAbout1162 ' • and shall perform, comply with and abide 6y ench and every the agreements, stipulations. conditions and cotenant: thereof, and of this mortgage, then this mortgage and the estate heroby created, shall cease. d~- termi?te and be null and ewid. the mortgagor hen+by further covenants and agrees. fo pay promptly euhen 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 taxes, assessments, levies, ltabilitie:, oblignttons, and encumbrances of every naturo on :aid pro- perly; to permit, rnmmtt or suffer no waste. impairment or deterioration of said Land or the improvements Ih4rwoa al any time; fo beep the buildings now or hereafter on snid-land /idly insured to a stun of not less than 1WSNTY ONS THOUSAND 3IR flUNDRSD ZiINSTY SIR DOLLARS no/100------------- 'in a rnmpany or companies acceptable to the mortgagee, the policy or poltdes to be held 6y, and payable - to, said mortgagee. and in the event any stun of money becomes payable 6y utrtue of such tnsurann Ilse mortgagee shall have the right to receive and apply the sane to the indebtedness hereby secured. aceountirsg to the mortgagor for 8ny surplw: to pny all cosh. charges, and expenses, Including lawyer's fees and tilt searches, reasonably Incurred or paid 6y the mortgagee becawe of the (allure of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditions and covenants of snid note and this mortgage, or either; to perform, camply with and abide 6y each and every the agretments, stipulations, 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 6y virtue of said note and this mortgage, or either. the mortgagee may pay the same, without waiving or aJfecttng the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Inw- ful rate then allowed by the laws of the State of Florida. any sum of money herefn referred to be not promptly paid within days next after the same becomes due, or if each and et+ery the agreements, stipulations, rnnditions and covenants o/ 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 eh a entire balance t?npnfd thereon, shall forthwith or thereat ter, at the option of the mortgagee, become and be due and payable, anything in acid note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein protided shall not constitute a waiter of any rights or options under said note or this mortgage accrued or Ihereaf ter accruing. ~ ~n ~~u1eSS ~hteenf, the said mortgagor has hereunto signed and sealed these presents the day and year first abate written. ~ Signt~, sealed and el' ~ din the presence of .i... ~f•!3c!L..-•-••---•---•- Pau1L. Thomas ^e Sharleen fl. Thomas I STATE OF FLORIDA, ~ } COUNTY OF St. Lucie 1 I HEREBY CERTIFY that on this day. before nx, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Paul L. Thomas and Sharleen fl. Thotaas, husband and itife to me known to be the person 8 described in and who executed the fore~oinS instrument and they acknowkd~ed before me that 111eyeaccuted the same. tiITNESS my hand and otj~cial seal in the County and State last aforesaid this 9 day of - A. D. 19~d 2~ ,s;'.r. 0 y V - - i . 1900 cFp 11 AID 23 s~' _ r wOTARt IIrK STAIE•O~'?~;~ ~ t~l ~3- •-r ~ FILfC~hC~=CU~CFft MrG01M1~S10N •iill~S~~i;''e'J" ~ S1. LUCtE CGIJti f Y. f ``A. tfOtdOF~ 1N!! GUBiII- ~~>,k+.- ay - ~ ROGERPOITRAS 7, ~ Q rc~ CLERK CIRCUIT CO a. - • ~ • t 499163 . ~ I %is I~Wn~?ne•?d pn ptrr-d hy: Jackie Talamine ~Jrr-(~S outheast First National Bank of Ft.Pierce P.~. $i~c 970, Ft.Pierce, Fla. 33454 E X338 ~~1180 j. _ l