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HomeMy WebLinkAbout0554 nncl shall perform, comply u•ifh and nLiclP by Pach and Prery fhP ag?PPntenls, slipulatioris, conditions and carPnanfs Iheroof. amt of Ibis mo?fga~fP, ?hen this mortcfagP and the PstatP hereby cn•a1Pd, shall cease, de ferminP and 6P null and void. iin~ f(IP murl/(a{for hPrr{)y (urfhc•r covenants ant( a(/rPes fo pay promptly when due fhP principal and inlPmsl cold other sums of money provided (or in said note and this morlgatfP, or Pifher; fo pay all and ! singular fIIP fa.l'PS. assrssmenfs, lPl'IPS, linhililic•s, ohliyalions, anc( Pnc•umhrances of Pt+Pry naltrre on said pro- Z perty: fn pc•rmil. commit ar su((Pr no u•aslP, impairmanf or cIPlPrioralion of suit( land ar the improvements thPrc•t•n at any IimP; to IPPp the huildi,ufs Hour or hPrno(fPr on said land (ally insured in a sum of not IPSS Illan in a cumpnny or companies accPplahlP fn IhP mortgagee, IhP policy or policies to hP held hy, and payable to, said moryfa~feP, and in IhP event any sum of money becomes payable by virhrP of such insurance IhP morfgattc•c• shall have the right to rPC•eivP and apply 1hP same fo the indebtedness hern6y sPCUrerl, acc•oeulfing I to the moMga~prr (or any surplus; fo pay all costs, charges, and expenses, including lau,yer~s (PPS and Ii1lP sean•hes, n•asonobly incurrnrl ar paid by IhP mortgaffeP bPCatlsP of IhP (allure of fhP mortgagor fu promptly and lolly comply u•ifh ehP agrnemenfs, slipulafions. cmldifions and covenants of said note and Ibis mortgage. or either: to perlu?m, comply u•iflr and abide l,y Pncll and every IIIP agreements, slipulafions, conditions and curenanfs sPl (orfh in said Hole and this morlga{/P or Pifher. Jn fhP Pvenf fhP mortgagor ~ai(s fo pay when due any tax, assessment. insurance prrmium or other sum of money payable 6y virtue of said Hole mld this i mortgage, or either, Ilu• mortgagor may pay IIrP same, u,ifhoul toainin/f or a((ecling fltP option fo (oreelosP i or any ofhrr right IIPfPllrlder, and all such payments shall hear interest tram dale thereof of 1hP highest lau• ~ (ul mtP then allowed by the tarns of fhP SIa1P of Florida. DL nnv sllm of monPV herein m(PrrPC( to hP ?lof promptly paid within thirty days next offer IhP sump hrcomPS due, or i( rach anr( PI•Pry IhP aprPPmPnts, slipulafions. conditions and col,enanls of said 1 nof•• rtlld fhiS murlryrt~fP, or PrlhPr, are /lot (Ul(y per(or?nPd, complied u,ifh And ahldPd Oy, t(1Pn the Pnt1IP sum mentioned in said Hole. anc( this mortgage, or the entire balance unpaid thereon, shall jorthurilh or fherealter, nl lllr option of the mortgagee, bPCOO1P and hP dtrP and payable, anything in said note or herein fo flu, confrurv nofu•ifhslanding. {'ailurP by the mortgagee Io exercise any of the rights or options herein pnn•idcKl shall not conslifufe a waiver n( any rights or op/inns under said note or this mortgage accrued or i then•n(frr accrning. / ~n ~~tness ~heCeof, the swirl mortgagor hOS l1PrPalltn SIg/1Pd alld Sealed fIIPSP prPSBllls fhP day and w•nr (irsf whore IvriUen. signed. serried and delivrrrrl in the prnsrncP ol: j' ~ GARRF.TT „ ~ ~ ~ D. J i BELL I ' i ~ 4 t i 1 ? STATE (rF t7.c1RID:1, C ccst'~•FV (IF ST. LUCIE ~ t HEREBI' CERT(Fl' that on this day, f,etorr me, an 1 E. otiicrr dole :nrthorirrd in thr Statr• aforrsaid and in thr Counh• aton•said to takr acknowled¢mrnts, prrsonally apprarrd ~1 LARRl' E. GARRETT and D. JEAN BELL i ' to m~• known u• fH• th.• f>, rwn S de•scrihrd in and who rsrcutrd thr forceuine instrurnrnt and they acknowkd4ed i ~ IK•lorc me that they t•xrcutrd thc• samr. I _ ~~"1"1 \F.SS m~ hand and official seal in th~• (:aunt and Stat~• last a(orrsaid this 7~l ti_`•~~ • ~,~i~~ P7ovemher n. 180 ~ ~~;i Notary Public • ~ (SEAL) :r~ I J• . L :'r. • , My commission expires: 8/25?~2' • ~ I v ~ /aslnaffntl prrrafrJ by: Harold F. Beard B 1~l(~`t~ PACE ~/VV } .'Ir/r/rats Route 1, Box 100, Ft. Pierce, Fla. E _ r - - -