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HomeMy WebLinkAbout0210 and shall prrfarm, comply a>ith and abide by Poch and every fha agreements, stipulations, conditions and covenants thereat, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and void. end the mortgagor hereby further covenants and agrnes to 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 singular the tares, assessments, levies, liabilities, obligations, and ent•um6rances of every nafttre on said pro- perty: to permit, commit ar suffer no u~asfe, impairment or deferfomfion of said land or the improvements then>on at any lime; to beep the buildings nou> or herroffer on said land fully insured in a sum of not less tltanTHIRTY SEVEN THOUSAND THREE HUNDRED SIXTY NINE DOLLARS---20/100-------------- in a c•ompnny or companies acceptable fo the mortgagee, the policy or policies to be held by, and payable to, said mortctnger, and in the euenf any sttm o/ monry becomes payable by oirtue of such insurance the l mortgagee shall have ?!te right to roceive artd apply the same to the Indebtedness {tereby secured, acrnunting fa the mortgagor for any surplus; to pay all costs, charges, and expenses, including lau>yer's fees and title seanlu•s. roasonahly incurred or paid by the mortgagee because o/ the foilure of the mortgagor to promptly and fully rumpw urillt the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; fo pertarm, comply with and abide by each and every the agreements, stipulations, conditions and ~ rnrenanls set forth in said note and this murfgnge or eit~•er. bt the event the mortgago? jails to pay when due any far, assessment. insurance premium or ether suns monry payable by virtue of said note and this mortgage, or either, thr mortgagee may pay the same, euifhoul waiving or of fecting the option (o foreclose or any other right hereuruler, and all such payments shall hear interest rom data thereo at the hi hest taro- 1 l4 f / g ~ (ul rate then alluu~ed by the laws of the State o/ 1'lorirla. l~l any sum of money Ite?ein re(errrd to he not promptly paid within day: next offer ~ the some brrom~•s due, or i f each and every the agreements, stipulations, conditions and couenartfs of said i note and this mortpnge. or either, are not (ally performed, complied with ,and abided by, then the entire j srmt mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the rnnlrnry notu>ifltsfanding. 1=ailun• by the mortgagee to exercise any of the rights or options herein pmcided shall not n,nstifule a u>aiver of any rights or options under said note or this mortgage accrued or Iheren(ter nccnrin4t. ~n witness whereof, the said mortgagor has hereunto signed and sealed these presents the day and year (first above u>ritten. Signed, sealed and delivered in the presence of . _ - _ - • ~~~L~- Robert W. Sc r))e Sarah M. Schwerer I - - i ; I I STATE OF FLORIDA, CnUNTY OF St. Lucie I IIEREBY CERTIFY that on this day> before me> an officrr duly authorized in the Statr aforrsaid and in the (:ounty aforesaid .to takr acknowledgmrnts• prrsonally appeared Robert W. Schwerer and Sarah M. Schwerer, his wife to m>• known to br the person 8 described in and who executed the forrgoinR instrument and they acknowkdRed before me that they executed the same. H ITNF.SS my hand and official seal in the County and State last aforesaid this LO ~ day of November A _ D. t 9 80 ~ = > , N • . - - / , ~j / A ' 1. . <Lr ~.~Ll ............:.`.~.~:/..-S'-~~~. , ~rOiART FUill~ iiA7r •~~p>v,• 'rl.~t;(.1 ARY ~IIt1A41SSln•. . *v:. ,A t.. • vQ i - ' ~ i r - ,'~11 I his h!s/nmttn~ pet pnrrA /y: Jackie Talamine ,t,/r/,<•u Southeast First National Bank of Pt.Pierce Aryry t~ P.O• Box 970, Ft.Pierce,Fla. 33450 8t~3K~`tJ P'dGE - - - ~