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HomeMy WebLinkAbout0500 an?l shall perform, romply u?ifh a?td abide I?y each anti every the agreements. stipulations, conditions and cove?tanfs thereof, and of this mortgage, then This mortgage and the estate hereby created, shall cease, de- termine and 6e null and void. glad the ma~tgagor hereby (ttrther conena?tts and agrees to pay promptly when dne the principal and interest and other sums of money provided for in said note and this mortgoge, or either; to pay all and singt?lar the fares, assessments, levies, liabilities, obligations, and encumbrances of every nalttre on said pro- perty: to permit, commit or stiffer no u,nsle, -impairment or deterioration of said land o? the improvements therron dl any time; to Ireep-the buildings now or hereafter on said land fully inst?red in a sum of not less fhan~NTY FOUR 1li0USAND ONB HUNDRED 1WENTY SEVBN DOLLARS ---20/100--------------- in acompany or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such instuance the mortgagee shall have the right to receive artd apply the same to the indebtedness hereby secured, accounting to the moHgagor (or any surplus: to pay all costs, charges, and expenses, Including lawyers Jess and title searches. rnasonably incrtrred or paid 6y the mortgagee because of the jailtue of the mortgagor to promptly and J??lly comply u~ilh the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; to perform, camply with and abide 6y each and every the agreementa, stipulations, conditions and covenants set Jorfh in ,said Hole and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or outer sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without tuaiving or of jetting the option to foreclose i or any other right heret?nder, and all such payments shall beor interest from date thereof at the highest lau?- (ttI rate then allowed by 1hP Iatvs of the State of Florida. ~ F any sum of money herein referred fa be not promptly paid within days- next after IhP same becomes due, or if each and every the agreements,. stipt?Iations. conditions and covenants of said note and This mortgage. or either, are not fully performed, complied u?ith -and abided by, then the. entire ~ sum mentioned in said note, and Ihis mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e dire and payable, anything in said note or herein ' fo the contrary nohvithsfanding. Failure by the mortgagee fo exercise any of the rights or options herein. • provided shall nnf constitute a tvaivPr of any rights or options under said note or this mortgage accrued or ` IhereaflPr accruing. ? ~Il ~ltlltSS ~hereofs IhP said mortgagor has hereunto signed and sealed these presents the € day amt year first abot'P tvriflPn. S/gnerl. SealPll and dPI11~PlPd ~ 1hP prPS u'P O(: • 1 rnest R. Mei r ,,L.r~,~ _ ~ e Clara Meier _ - • STATE OF FLORIDA, COL'VTY OF St,LuCie I ttEREBY (:ERTiFY. that on this day, before me. an oltirer dull authorized in the Stair aforesaid and in the (:ounty atorrsaid to takr acknowledgmrnts, personally appeared Ernest R. Meier and Clara Meier, his Wife ~ to mr known to be the person S described in and who executed the torr`oinR instrument and they acknowkd;ed betorr me that they executed the same. ~ ~<,'1 1ESS my hand and~o[}ficial seal. in t~ (:ounty and Stair last aforesaid this _ _ _ _•_'~d>, of A. D. 19 ~ - ~ r .y ~ ~ - t 1 . ! i ^~Y' ' r NOiAR1 rubltC SiA1E Of-_ . FIL=c =?ic CGt~ui~p MY C.oMwtIS110N 17VfRB• ~iYtglt3 ROGER r'OITR/1S ~ Tt~ CifPSERAI fl~r: rFR1;~ p: . ~ CLERK Cs ;CUIT CQUR "'.~tSiN~~ - - g3 - ~J ID ' %ic h1Am~nr•ir~ ~r?p~lr~-J 1 y: Jackie Talamine - .•1~1~/r?_ct Southeast Pirst National Bank of Ft.Pierce 300 S. 6th St., P.O.Box 970, Ft. Pierce, Fla. 33450 ~ pR~ Phi pp1~ !