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HomeMy WebLinkAbout0855 I and shall per~orm, comply u•iflr curd abide by each and Puery 1hP agreements, stipulations, conditions and r01`r/IanIS 1lIP/r•OJ. and O{ IBIS morf{rage, 1hPf1 Ihl~ mOrtga(IP alld the estate hereby CIPQIPd, Shall ('Pas P, de- Ir?mirrr and I,e nuN curd void. ~Ild Ihr• murlgartor hereby Jurl{ter covenants and agrees to pay promptly when due the principal and ~ inlen•sl and other sums of money provided Jar in said Hole and this mortgage, or either: fo pay all and ~ singular the taxes, assessments, lrl'IrS, linbflilies, obliflalions, and encumbrances of Puery naluu on said pro- pP?ly: to permit, commit or suJJrr no u•aslP, impairment ~ or ?leterioralion of said land or the improvements Ihruen nt any limn; to ltrrp the buildings now ur hruaftrr on said land (oily insured in a sum of not less Ilran highest insurable value in n company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable lo, said morl~ragrr, and in the event any sum of money l)econlPS payable by victor of such Inffsurance the morf.7agrP shall haeP Ihc• right to ucrivr and apply rice same to the indebtedness lrPUl,y SPCUrPA, accounting fo Ihr mortgagor Jor any surplus; fo pay all costs, charges, and expenses, including lawyers Jrrs and title searches, reasonably inc•urud or paid by 1hP mortgagee bPCa??$e of Ilre failure of the mortgagor to promptly ~ and Jolly comply with IhP agurmrnts, stipulations, conditions and cot+enanls of said note and this mortgage. ~ or Pifhrr.: fo perform. comply u•illr and abide by raclr and every (hP dgreemrnls. stipulations. conditions and covennrls srf Jorllr in said note and fhis mortgage or either. In the Pven! the mortgagor Jails to pay when due any tax. assessment, insurruu•e premium or of{err sum of money payable by virtue of said note and t is 4 j mortgage, or either, Ibr mortgagee may pay Ihr same, without u+niving or affecting the option to foreclose or any other right hruundrr, and all such payments shall bear intrust from daft thereof at• 1hP highest lau+- (ul raft then allowed by /hP tau+s of fhP State of Florida. ? D1 any sum of money hPUin rr(Prred to br not promptly paid within 3Q days next alter fhr same becomes due, or if each and curry 11rP agreements, stipulations, conditions and covenants of suid note and Ibis morlt/age, or eiflrrr, au not fully pert ormrd. complied with and abided by, then rice entire sum mentioned in said Hole, mul this mortgage, or the entire balance unpaid thereon, shall forthwith or Ihrreaffer, of tier opfimr of fire mortgagee. become and bP due and payable, anything in said note or herein ; Io (he contmrv notu•tthsfoncling. Failure by fhP morf{/agrP to exercise any of the ricfhts or options herein provided shall not consfitulr a u•aivrr of any rights or options under said note or fhis mortgage accrued or ~ thereafter acr•nrind. i ~n ~ditnfSS ~dheCeof, 1{u• sand mnrfgsuor has hrrnunfo signed anti scaled these presents fhP rla~ and vrar first abar•e u•ritlen_ ~igne ealerl Hurl delivernrl in the pusence of : + Wi ss 1 P ILLI? W GARDNE ~ ou _ . itness BARBARA J. ARDNER I ~ ~ ~ ~ j • I ' i t I i j I STATE (?P FL()RiI):1, J Cc)t'~'rl' OF ST. LUCIE 1 I HEREBY CERTIFti' that on this day, before rne, an i ~ I officer club, authorized in the State aforesaid and in the Counh• aforesaid to take acknowltdgments, personally appeared I PHILLIP W. GARDNER and BARBARA J. GARDNER, his wife w ,rc• known to Iw thc• t,c•rson S described in and who executed the (orc¢ainq instrument and who arknowltdged lieforr rne that they erecuted the same. ~ N'1"l \ESS my hand and official seal in the County and Swd• last aforesaid this 14th day of ' November 80 :1.r~D. 19 ~ r : ' ~ - NOTARY PUBLIC_ ` My co>i~lission expires I .:..•,c,,,,,. f lrfr Cur,+cn~;,,.w,i .,.,,::e~ vt:,.. Id. 1901 ~ ~ !leer /a~~nunr:d /rrrE~nrr-J by: 1 5~;,~'t .`1Jlrr:+` ~t~~t~ Pd6E gG3l~ • 8~4 _ _