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HomeMy WebLinkAbout0139 i and shall perjorm, comply wish and ahitle 6y each and every the agreements, stipulation's, conditions and rntrenanls Ihereo(, artd of this mortgage, Ihen this mortgage and the estate hereby created, shall cease. de- te?mitte and be null and void. end the mortgagor hereby further eotrenanls and agrees to pay promptly when duo the principal and interest and other sums o/ money provided for to avid note and this mortgage, or slfher; to pay all and singular the faxes, assessme?tis, levies, liabilities, obligations, and encumbroncea of every nature on said pro- perty: fa permit. commit or suffer no waste. fmpairmenl or deterioration o/ said land or the improvements fherrrn at arty time: fo 1rPPp IhP buildings Hour or hereafter on said land fully insured in a sum of not less than the maximum insurable value, in a competty or companies acceptable fo the mortgagee, the policy or policies fo be held by, and payable to, said mortgagee, and in fhP errant any siren of money becomes payable by virtue of such insurance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting to the moHgagor jor any surplus: to pay all costs, charges, and expenses, including lawyer's lees and title searches. reasonably incurred or paid 6y 1he mortgagee because of the failure of fhp mortgagor fo promptly and fully comply urifh the agreements, stipulations, conditions and cotenants of said Hole and this mortgage, or either; fo perjorm, comply with and abide by each and every the agreements, stipulations, conditions and • cotenartfs 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 eillter, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right herPttrtder, a?td all such payments shall bear interest from date thereof at the highest law- ful rate Then allowed by the laws of the Slafp of Florida. i` any sum of mottPy herein referred to be not promptly paid within -THIRTY- days next after the same bPCOmPS due, or ij each and Peery the agreements, stipulations, conditions and covenants of said note and Ihis mortgage, or Pilher, are not fully performed, complied with and abided 6y, Ihen the entire :um mentioned in said note. and this mortgage, or th P entire balance unpaid thereon, shall f orihwith or thereafter, at the option of the mortgagee, become and be due and payable, anything fn said note or herein fo the contrary nofurilhstandirtg- Failure by the mortgagee to exPrcfse arty of the rfghfs or options herein provided shall not cottsfiftrfP a u~aitrpr of any rights or options under said note or this mortgage accrued or thereafter accrtting- ~n ~itntSS ~he~'enf, f{tP said mortgagor has /tP/Pttnfo signed and sealed these presents the day and. year first 4b01'P Ivriffen. ' Signed, sealed and delivered Itt fhP prPSPnc Of obert E, oindexter STATF. OF FLORIDA, cOUC~•TY OF ~T. LUCIE ~ I HEREBY CERTIFY that on this day. before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared ROBERT E. POINDEXTER , a single adult to me known to be the person described in and who executed the forcgoinq instrument and he acknowkdaed - before me that ~ c:ccuted the same. N17'1F.SS my hand and official seal in the County and S last afor this da of / - _3 2. ~ ~Not~ - c ~ a gi--ric~a - ` ~ ~ Large. c,.c l; My Comaission Tres: t t.41 r•. ~1.iC~i ~'~iTf?:::i ~h~ PttbGc, tote 0 :,tC:,x ti-C:: ' ; Coatt»nsiou Expires Dec. 13, 1981 f • i „ ~ f ' ..h~ A.wKaw ins i Gwf/ L~W~ar Tlru IiWnanru/ p?rp~rrd bY~ JOSEPH J . DeROSS, JR. , ESQUIRE , ;v'•~ ; ~J: . Atldrrxs FEE, KOBLEGARD & TEEL, P . A . ' : ~r 1 ~ , . Post Office Box 1000 rrft?tt?"~'~~~~~ 8~~~ P~l'r 1t~ Ft. Pierce, Fla. 33450 ~ # - - _ .