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HomeMy WebLinkAbout0977 and :hall perform, comply with and abide by each and every the agreements, stlpulattoni, conditions and cotenants thereof, and of fht morfpags, then this mortgage and the estab hereby created, rhaU cease, de- tetrrelns and fie null and twirl. the mortgagor heroby further covenants and agiees to pay promptly when dw the principal rend interns! and other sumo o/ money provided for to said note rend this mortgage, or Nther; to prey all and singula? the faxes, assessments. levies. ltabililies, obligations, and encumbrances of every nature on said pro- perty; fo petmtt. rnmmit or suf jer no waste, impairment or_ detertorotion of .said land or the improvement Iherren al nay time; to beep the buildings now or he?eajfer on sold land ju!!y insured in a sum of not less than N/A - in acompany or rnmpanies acceptable fo the mortgagee, the policy or poltdes !o be held 6y, and payable to, said mortgagee, and in the event any attm of money becomes payable 6y virlw bj such Insurance the Mortgagee shall have the rtght to receive and apply the same to the indebfednes: hereby iectu+ed, aeeotultlrtg !o the mortgagor for any surplus; to pay all cwt:. charges, and expenses, Including lawyer's Jess and ti!!e searches; reasonably Incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements. stipulations, conditions and covenants o/ said note rend !ht mortgage. or either; to perform, comply with and abide by each and every the agreements, attpu[ttffons, eonditio?u 'rend covenants set forth to said note and tht mortgage or either. In the event the mortgagor jails to pay when .due any tax, assessment, insurance premium or other stun of money payable 6y vtrtue of said note and tht mo?tgnge, or either. the mortgagee may pay the same. without waiving or affecting the option to foreclose or any other.right hereunder, and al! such. payments steal! bear interest from date thereo/ at the higl~esf law- ful rate then allowed by the Laws of the State of Florida. ~l any sum of money herein referred !o be not promptly paid within tlllrty days next after the same bernmes due, or ij each rend every the agreements, stipulnflon:. conditions and covenant of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in soil note, and this _ mortgage, or the entire balance unpaid !hereon, steal! forthwith or fhe?eajter, of the option of the mortgagee. 6ernme and be due and payable, anything in said note or herein to the contrary notwifhsfanding..Failure 6y the mortgagee !o exetrise any of the right or optiaru herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. - ~n ~h~tof, the said mortgagor has hereunto signed and sealed these present the day and year first above written. Signed, sealed delivered in the presence of wi Hess R ' ~ witnes~'`7f).j ~ E R BAKER E i I - - i STATF. OF FLORIDA, COUNTY OF ST. I:UCIE _ I HEREBY CERTIFY that oa this day, bdoro me. sut officer duly authorized in the State aforesaid and in the County aforesaid to take. ackaowkd6menu, personally appeared DOUGLAS BAKER and ELEANOR BAKER, his wife to me known to be the person described in and who a:ecuted the torrsoins instrument and w11o acknowkdsed before me that they executed the same. WITNESS my hand and official seal in the County and. State. tut a(oreuid this ' a~ day of e ~v~ . A. D. i9~~ . ~,.~ppn.... a . 6. , N ARY PUBLIC •~`4~.`~'sf'~''.,~{_~: ~ - l t;;~~ ~~l 22 ~i Hy Cottmission Expir 'S~ ~~q:~ ~ .l : i %Ir ~ is v ~ ~tJ. E it 5U43~~, 1 • - Thu I?wrumcn~ prrpa,rd by: Addrss $~iRe~+~ ~F ~ - t !'~.i. ~