HomeMy WebLinkAbout0836 and shall perform, comply with and abide 6y each and every fhs agreements, stipulations, conditions and
covenants fhereo% and of Ibis morfgape, then this mortgage and the estate hereby created, shall cwue, de-
termine and/ 6e null and twirl.
Tti~d the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either: 'lo pay all and
singular the faxes, assessments, levies. ltabililies, obligations, and encumbronces of every nature on said pro-
perty; fo permlf, commit or st?jjFr ?to u~a:fe. impairment or delerioroffon of said land or the improvements
therrcn al any lime; to beep the buildings now or hernajfer on said land Jully insttred in a sum of not lest
Than full insurable value
in a company or rnmpanies ameptable fo the mortgagee, the policy or poltctes to 6e held 6y, and payable
fo, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the snore to the indebtedness hereby secured, accounting
to tht: mortgagor (or any surplus; to pay all costs, charges, and expenses, including Iawyetrs fees and titb
searches, reasonably incurred or paid by the mortgagee because of the /allure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said Hots and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor /ails to pa> when
due any tax, assessment, insurance premium or other sum o/ money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without wniving or of
feeling the option fo /oreclose
or any other right hereunder, and all such payments shall bear interest from date tbereoJ at the highest law-
/uI rate] then allowed by the laws of the Stale of Florida.
7l a+ty sum of money herein relcrred Io be not promptly paid within thirty days next ojher
the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said
. note and this mortgage, or either, are not fully performed, 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
Ihereaf
ter, of the option of the mortgagee, become and be due and payable, anything in avid note or herein
fo the contrary notu~ithslanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not co?tstift?te a waiver of any rights or options under said note or this mortgage accrued or
thereafter ncrnting.
7n ~he~eof, the said mortgagor has here~~nfo signed and sealed these presents the
day and year first above written. .4
I
Si ned sealed deliver in rese ce oj: l~i
ONALD E. R CHARDS
i
j STATE OF FLORIDA.
i coc`TY OF ST, LUCIE
I HEREBY CERTIFY that on this day, before me. an
officer dimly authorized in the State aforesaid and in the County aforesaid to take ackrwwledgmenu, personally appeared
RONALD E. RICHARDS
to me known to br the person described in and who executed the foregoing instrument and he acknowkdsed
~ before me that he executed the same. f
~YIT\ESS my hand and official seal in the (:ounty and State last aforesaid this 31f~,~? ~~~j?ryi
October A. D. 19 HO :,,Q..~
-f,,,.
t r ~ Q'~= Q -sJ
~ ..State of Florida A~ q'~ , ~
a
~ My commission expir~ti.,, •~;Stt+S
wul/?Rr PutltC Stl?tE OF ft~ta? At t/~` ,
MY Cpr/,/AISStOtJ Exp1dE5 GCl 16 198
WI~vEO iMR?? E+cr.i=J•~ usS tM+DERWRI
.
i
t .
! -
%u ~,rslnuun~ pfrparr?/ hy: SCOTT M. KENNEY
Ad~lirxr - ~t~~)I At Law 83~, -PjGE VeJV
.,i. S. INDIAN RIPER OR.
FT. FIERCE. FL 33450 = '
I
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