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HomeMy WebLinkAbout0212 and shall perform, comply with and abide by each and every the agreements, stipulations, -conditions and covenants thereof, and of fhb mortgage, then fhb mortgage and 1he~ fate hereby created, shall cease, de- termine and be null and void. ihp mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in sold note and thta moNgage, or either; to prey all and singular the taxes, auessments. levies, liabilities, obligations, and encumbronees of every rtattrre on said pro- peNy; to permit, commit or suffer no uwsle, impairment or deferiorofton of said land or the improwmenb thereon at any lime; to beep the buildings now or hereafter on said land fully insured to a sum of not lssa than in a rnmpnny or companies acceptable fo the mortgagee. the policy or pollNes to be held by. and payable to, said mortgagee, and in the event any awn of tssortey bec~owtes payable by virtw of such insurance the mortgagee shall hove the right to receive and apply the cams to the indebtedness hereby sscurod, neeotatttng to the mortgagor for any surplus; to pay all costs. charges. and expenses. including lawyers Jess and title sea?cltes. reasonably incurred or paid by the mortgagee because of the /allure of the mortgagor fo promptly and jolly corgply with the agreements, stipulations, eortdttions and covenants of said note and thti mortgage. or either; to perform, comply with and abide by each and every the agreement. stipulations, conditions and cotrenants set forth in said note and this mortgage or etthre. In the event the mortgagor jails to pay when due any tax, assessment. tnstrrance premitun or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to jorsrclose or any other right hereunder, and all such paynwnts shall bear interest from date thereof at the highest law- f ul rate then allowed by the laws of the State o/ Florida. any sum of money herein referred fo be not promptly paid within days next after the same bernmes due, or if each and every the agreements, stipulations, conditions and eownant• of said note and this mortgage, or either, are not fully perjonrted, complied with •and abided by, then the entire sum mentioned in said note, and this mortgage, o? the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, bernme and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee fo exercise any of the rights or options herein provided shall not corutittrte a waiver of any rights or options under said note or fhb mortgage accrued or Ihereaf ter acrnring. . ~n ~`uleSS ~~tof, the said mortgagor has hereunto signed and sealed these presents the day and year f fnt above u•ritfen. Sign ,sealed and de ' red i the presence oj: C~ .L~I~fA.!R.s.- - Daniel A. Peedle f Ii I - 111 STATE OF FLORIDA. COUNTY OF St. Lucie S I HEREBY CERTIFY that oa this day, before me. an officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledtjments, personally appeared DANIEL A. PEEDLE to me known to be the person describe8 in and who executed the foreSoiryt instrument and he acknowkdsed before me that he executed the same. _ WITNESS, my hand and official seal yin the County and Sate last aforesaid this ~S~ day of A. D. 19 r r ~ 19E0 SAP 22 1,K ~ 54 ......_...-.....--~•Gil~~. FIiEO !yf- FrCbFirfp ~L Slab ~ Sl. LUCiE COUN i Y. f L A. Mr Catfssissiott E:pins ~ f; ~ y..... • , =~r~ , OGER POITRAS swws tw. t,.r r,r. O ; ci's43 f r•-~ • CIfRK CIRCUIT COUAT~ _ - ~~`oj ' s1 a ; 6- .o-~ NL •••Q~ ,~i'~i ~tY~ i` _ << d t ~r~tfflffttN~t'~~, "l/ifr I~rrlnn~ieu~ prrpNm! by: Florida Bank at Fort Pierce P.O. Box 3469 - Fort Pierce, Florida 33454 ~ Ply ,wr,