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HomeMy WebLinkAbout1522 and shall perform, comply with and abkle by each and every the agreements, stipulations, conditions and covenants thereof, and of this mortgggq then this mortgage and the estate hereby aeatedshap cease. Bete.mine and 6e null and void end the Ino?tgggor hereby f ilrthe. coverwnts and agroel to pay promptly when des the principaland interest and other sums of money provided for In said Hots and thl: mortgage, a either. to pay ap and singular the taxes, atsessnlentt, levies, liobiiities, obltgationt, and encumbrances of every nature on said property; to permit, commit or suffer no waste, impairment or deterioration of mid land or the irnprovsmsnts thereon at any time; to beep the buildblgs now or hereafter on said land fully bs- sured to a sum of not less than FULL INSURABLE VALUE in a company o?colrlllmlies acceptable to the nartgages, the policy or polkies to be held by,and poyabk to,said mongagoeand in the event arty sum of Haney 6scomss payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surpiut; to pay adl costs, charge, and expenses, incbldblg lawyer's fees and title taorche~ reasonably blclared or paid by the mortgagee because of the fellers of the mortgagor to promptly and fully comply with the agreements, stipubtions, conditions and covenants ojmid note and this more gage, or either; to perform, comply with and abide by sack and every? the agreements, stipulations, conditions and covenants set forth in mid Hots and this moregllge or either. In the event the mortgagor falls to pay when due any tax, attessment, inf~r- a»ce premium orother sum of moray payable by virtue ojsaid note and this mortgage, or either, the mortgagee may pay the mme, without waiving or of feting the option b fortcbse or any other right hereunder, and all such payments chap bear inter- est from date thereof qt the h~ghsst lawful me then allowed 6y the laws of the State of Florida, any sum of Haney herein refsned to 6s not promptly paid within 30 days next after the mma becomes due, or if each and every the agreements, stlpulatiolst, conditionu and covenants of said note and this mortgage, or either, ass not fully performed, complied with and abided by, then the entire sum mentioned in mid note, and this mortgage, or the en- tbe balance unpaid thereon, shall forthwith or eheresjter, at the option ojthe nlortgaget., become due and payable, anything in said note or herein to the contrary notwithstanding FaAure by the mortgagee to exerdse any of tke rights or optbns here` in provided Shall Plot constitute a u~tve? of any rights Or options Mrukr laid note Or this mortgage accn/ed or thereafter atcru- t11g ~n LVitness ~17heetof, the mid nb,tgago. has hereunto signtd and sealed thtse presents the day and yeor first above written. Signal, sealed and al in the presence of / J III /lJ~,'A ~ -4~W`= i STATE OF"FLORIDA. l Co~NTV of SAINT LUCIE ) I HEREBY CERTIFY that on this day. before me, an officer duly authorized in~the State aforesaid and in the County aforeuid to take acknowledgements, personally appeared Jennie L. Ruffin to me known to be the person described in and who executed the foregoing instrument and She acknowledged before me that She executed the same. WITNESS my bend and official seal in the "County and State last aforesaid this 24 day of September A. D-1930 ej This Insturment prepared by: '~..;a.Y Pubbi:_ ~ 6'~i'`l1~~a.,~: µy Com+Rjtsi6i116i~ieK iuti::~;~:;:~ 8~ (?w-drdfY'A) -7r~t~f+"."~ err Roger Kei ~hol tz - ` Rehabi 1 i tati on Specialist `x'- r' Planning and Development Department , 7r~~=-;?~":='°J " Address : City of Fort Pierce - ~~,..i > , ~ S; • ; P.O. Box 1480 " Fort Pierce, Florida 33454 ee~~cc~~ _ BtXIKJJ~ PAGE1~~ - - - - -