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HomeMy WebLinkAbout0949 ., and shall perform, comply with and abide by each and every • the agreealenN, sttpulatio.is, conditions and covenants thereof, avid oI this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and 6e null and void. Ti1Ni fhp mortgagor hen+by 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: to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perly; to permit, commit or sttljer no waste. impairment or deterioration of said Land or the improvements thereat at a-ty time; to keep the 6uildirtgs now or hereafter on said Land fully insured in a sum of not less than highest insurable value in a company or rnmpanies acceptable fo the mortgagee, the policy or policies to be 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 fo the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee bemuse of the failure of the mortgagor fo promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either; fo 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 jails fo pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or eillter. the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, And all such payments shall bear interest from date thereof at the highest law- f ul rate then allowed by the lau-s of the State of Florida. ~L any sttm of money herein referred to be not promptly paid within 30 days next after 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 thereafter, at the option of the mortgagee, become'and 6e due and payable, anything in said note or herein to the contrary nofu~ifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not cortsfiftrfe a tt~aiver of any rights or options under said note or this mortgage accrued or therna jler accruing. ~n ~~~~ ~hM~~f, the said mortgagor has hereunto signed and sealed these presents the day and year first above turitten. Sig ,sealed and delivered in the presence oj: •--C~l.ZLG~A~---~ -•- •--- -••-- - -.. .. ~!%~~ .- .-- .-.fll~.- -t~-~•--- •--...- . _ ....... .. .. ....-- STATE OF FLORIDA, Cc)L~TY (~FSt. Lucie ~j...-•---...- TKERINGTON •- . - ~- NGT(1N--- -------- - ---- 1980 OEC -5 AM ~ I S FILEC RMt: FEf,0it8Ep ST.LUCIE COUNTY. !A. ~~ r„e T ROGER POITRAS ,.,~ CLERK CIRCUIT CiIURT ' " ~~ I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take ackr-owledgmcnts, personally appeared GERALD WEATHERINGTON and DOROTHY WEATHERINGTON, his wife, to m~• known to br the persor~ described in and who czecuted the foregoing instrument and they acknowkdRed Ix[ore me that they czecuted the same. ~~'I"1 i\ESS my hand and official seal in th~• (:ounty and State last aforesaid this ~ ~ ~ day of December ~A~pD~ 19 r8~0 St)91S • ~ ~" L(.c.Ll.~'~J 1980 OEC -3 AN 11= O I -- ----- ----- -- --_..- ---- - - NOTARY PUBLIC FiLEO AMC pTC01tt~0 51:LUCIE COUNTY.r~A. R06ER POi~RA CLERK CIR~Uit C011R1 fltcctr~ yEaIF~= r _ _~~~- %ru lal~rrun~ifl prlu~re~=1lry: ,1 ~l~Irt-ss : ~ M11rC1A L NN1 ,wsn~a+~i.~~R ~ ~ -: ~r~0 tjtt~le d ifOriOfa fX I<ItA-. .~ ,, . ~~r•4°,3 j~~ :.;, MI-OfattttttYdon Exp,resJw»1~iM1 t- r . Y ~~ J 1f~ .:~• ~. g~3~44 P~ 57~ a>~3 ~:Pg~.. v struz~