Loading...
HomeMy WebLinkAbout0748 and shall perform, rnmply urifh and abide by each and POPry the agreements, stipulnli9nk, conditions and rnrenants dten*af, and o) this morlffncte, Then this mortgage and the estate hereby created, shall cease, de- fermine and be null and twirl. itin~ fhP morlga{{or hereby further rnvena?tts and agrees fo pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either, to pay all and si?tgt?lar the taxes, assessnte?tfs, levies, llabililies, obligaliorts, and encumbrances of every nature on said pro- perly: to permit, romntil or stet ter ?to urasle, impairme?tf or deleriorolion of said la?td or the Improvements Ihe?ren n1 any lime: fo keep the buildings now or herea f ter tat said land fully insured in a sum of not less fltan Outstanding principal balance of existsPg rtgage$ in a company or comlranies acceptable fo the mortgagee, II1e policy or policies fo be held 6y, and payable to, said morl/lagee, artd i?t Ilte event arty sttm of mo?tey becomes payable by virtue of auch insurance the mortgagee shall Itaee Ilte right to receit•e and apply the same to the Indebtedness herely secured, accounting to the mortgagar tar arty sttrplets: fo pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and folly comply tt~ith flte agreements, stipulations, cortditiorts a?td covenants of said note and this mortgage, or ei!Iter: fo perform, comply with and abide by each and every the ngreements, stipulations, condilio?ts and covenants set forth in said note and this mortgage or either. In the went the mortgagor fails fo pay when due any fa.r, assessment, insurance premium 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 fo foreclose or any other right hereunder, and~all such payments shall bear interest from date thereof of the highest law- ful ralg then allotn~N1 by the Intrs of the Slate of Florida. any sum of money herein referred fo be not pronptly paid utithi?t fifteen days nest after the same becomes due, or if each and rrery the agreements. stipulations. conditions anti cove?tanls of said note and this mo:tgarte, or either, nre nat fully perfornted, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or ~ Thereafter, nt the option of the mortgagee, become and be due and payable, anything in said note. or herein fo the conlrruy nolu•?lltslanding. Failure by llte morfryagee to exercise any of the rights or options herein provided shall not constitute a trainer of any rights or opfians under said nofp or Ibis mortgage accrued or thereafter accn?inry. ~n ~litness thereof, the .nid mortgagor has hereunla signed and sealed These presents the 1 day and year first share u•riflen. ~ Siyne ,sealed wttl delire? •d in the presence r, f : 7 ' ~ C , / _ TRACY OSS n _ _ - - ~1 _ . f UDY SIEMORE GROSS ~ ~ : ~~'ATE VR,~I.ORIU:~, t • ';.cs~cr~lnr c)~•. St. Lucie ~ ~?i ~ ~ rL ~ ; I HEREBY CERTIFY that on this day, lxfore me, an L ~ Qliretf~uly'~t~rfrired in the State aforesaid and in the County afon•said to takr arknuwlcd¢rnrnts, prrsonally appeared t ' ~ ; ~AC~ ~ GROSS and JUDY G. MESIEMORE GROSS, his wife . ~ ~ ; a . . ~ crAYs knt~•~Ttu~ be th~• person $ desrrilx•d in :nid who eaerutrd the turr¢oin¢ instrurnent and they acknowledged s._ . r - s" • _ hefnrr 'ine l~~t t~y cxn utcd the same. t~771ESS m~• hand and ot(icial seal in th~• Cuuntc end Stat,• last aforesaid this 16 day of 1 September r). 19 80 • ` I I; • . _ +~0 CST -7 33 / n ? Rt:aER PL;1?r ::i I 1 i %ir 1?tNrnnu-it/ pr?~?tn•?I by: Tracy C. Gross ~~/~h?_~t ?403 Sebastain Road Ft. Pierce, Florida BD!IKV~ P~ 7~S - .