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HomeMy WebLinkAbout0812a-trl shall perform, comply tuiflt and abide 6y enclt and every the agreements, stipulntion's, conditions and rnvenanfs Thereof, and of Ibis morlga~te, then this mo-Igage and the estate hereby created, shall cease, de- fermine and 6e null and void. Tin IhP mortgagor hereby f urlher covenants and agrees to pay promptly when due the principal and irttPrest artd otltPr sums of money provided for in said note and this mortgage, or either; to pay all and singular the ta.t;es, assessments, IPVIPS, liabilities, obligations, and enctrmbronces of every mature on said pro- perly: to permit. r•ommit or suffer rto waste, impairmPrtl or deteriorolion of said land or the improvements IhenK•rt al arty time; to keep I-tP buildings nou- or hereafter on said land /ally Insured in a sum of no! less tltart the highest lnsuraDle value in n company or companies atreplable fo IhP mortgagee, the policy or policies to 6e held by, and payable fo, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such Insurance the mortgagee shall bane the right fo receive and apply the same to the Indebtedness hereby secured, ncrounting fo I-te mortgngor for any strrpltts; fo pay all costs, charges, and expenses, including Inwyer's lees and Itfle searches. reasonably incurred or paid by the mortgagee because of the /allure of the mortgagor fo promptly artd fully comply u~ifh the agrePmertfs, stipulations, conditions and covenants of said note and This mortgage, or eit-ter, fo perform, comply wish and abide 6y each and every the agreements, stipulations, rnndiftons and covertartts set forf-t in said note and this mortgage or either. -n the event the mortgagor /nits fo pay when due any tar, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or Pil-ter, Ilte mortgagee may pay the same, ttrithout waiving or affecting the option to foreclose or any other right hernunrler, and all such payments shall bear interest from date thereof at the highest law, lul rate then allowed 6y 1he laws of the State o/ Florida. ~l any sum of money herein referred to be not promptly paid within ~ 5 days next nlfer the some bel'OMPS due, or if each and every fhP agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, nnrl this mortgage, or the entire balance unpaid !hereon, shall forthwith or thereafter, at 1hP option of the mortgagee, become and be due and payable, anything in said note or herein to the conlro-y notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a toaiver of any rights or options under said note or this mortgage accrued or Iherea f ter accruing. ~n witness ~heCeof, the said ntorfgagor has IterPtrnfn signed and sealed these presents 1hP day and year f irsf ahw~e~,turitfen. igne sealed -and d 'unreel in the presence of : ~ TEVE R GARRI N . ~•C~ SUSAN K. GA ISON STATE OF FLORIDA, j cc)c~-1-v c)F ST. LUCIE I HEREBY CERTIFY that on this day. before mt. an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared STEVE R. GARRISON to me known to 1.e the p~•rson described in and who executed the foregoing instrument and he before me that he executed the same. 1'17:\ESS my hand and official seal in the County and State last aforesaid this -~~ ~•-~ A. D. 1980. ,~~.• .Y _ - ~:' NOTARY PUBI.-~C---------------~-- ---- -------~`' ..................`- as MY COMMISSION EXPIRES;Notary Pu5!ic, State of~'~lRe My Commission Expiref• r ~. ~ 5U9305 ~ 11~`~ -t~°~~ 19PA DEC -4 AN ID~ 23 ~f~rr 1 %u hu~traiuul prPpnrcd hy: fIIEQ i=hC FEC4lwC0 ST.LUCIE COUtfiY.Fl~. ROGER POfTRAS CLERK CtRClpi COURTD pEC(!itp Ye R~ilf Q.._ ~L _ _ - nrlrlmu 80~ J`t~ PA6E O~~ - - ~ ~ .-~~~ - ~ -. -.• ...;;~r acknowkdRed day o[ .. •,,. `" : i t~~ o- w - ;;~~ Y~tr ~.r ~ ` ~~ ~~ • r..,,~,~• -- --_ __