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HomeMy WebLinkAbout1359 and shall perform, comply u~tth and abide by each and every the agnsments, sHpulaltoris. conditions and rnvenants thereof, and of this mortgage, then this mortgage and the state hereby created, s~a{l cease, de- termine and be null and troid. Zind the mortgagor hereby further covenants and agrees to pay promptly when due the principal and inter+esf and other soma of money provided for in said note and this mortgage, or either; to pay all and singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every nature on :aid pro- perly; to permit. commit or suffer no waste, impairmertl or deterioration of said land or the tmprovemenls thereon of arty lime; to keep the htrilrlirtgs nou- or hereafter on said land fully insured in a sum of not less than Full insurable value. in a rnmpany or companies atreptal,le to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event arty sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all rnsts, charges, and expenses, including lawyer's jeer and title searches, reasonably incurred or paid by the mortgagee becatue of the failure of the mortgagor to 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 by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor (nib to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either. 1{te ntorfgagee 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- (ul rate then allowed by the laws of the State of Florida. ~l any sum of money herein referred to be not promptly paid within F`lftee'il days next after ~•1~INING the same becomes dire, or if each and every the agreements, stipulations, rnnditions and rnvenanta 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, 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 -tofe or herein to the contrary notwithstanding. Failure by the mortgagee fo exercise any of the rights or options herein provided shall not consfittste a waiver of any rights or options under said note or this mortgage accrued or Ihereaffer accruing. ~n ~itntSS thereof, the said mortgagor hoe hereunto si red and sealed these t1~ day and year first above u~riffen. THIS IS A BALLDOII T'~ ~ THE ErTTIRE ~~ J1 SID, T0~'Ii~R AOCRi>ED IlJIEREST REMAINING i1VE'AID, SHALL BE IX]E AND PAYABLE ON Signed, sea ed a //~~ delivered in the presence oj: /~,/) ' `~~L GL ~ r '~'~' 7jbl~st~C7` ~~C-~-O-C''"t -••7~ -- - ------- ----•---- •--- .._..-•-----------...-~-•---- - Ray ~ ~-- . --Anderson~~ . ,. , ~~ ~ -----=?~_.~~-f---~~c~`--•`=----~-~l.L`i.~~.t--- ----~--------~-------...- --- -fir'- UL-'rSOil ~e'-® Jl ----------- ---------------------- -----~--~-----~----------------------~------~ * N(yVII~~1t 14th, 1990 4hII(M F'Il~AL PAYN~TT SHALL BE IN T1Il; ArDOrTT OF $12,165.78. STATE. OF FLORIDA. COUNTY OF St • Lt I HEREBY CERTIFY that on this day. before me, an o[ticer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments. personally appeared Raymond L. Anderson and Barbara S. AYldl~son, his wife to me krawn to be the persons described in and who a:ecuted the foregoing instrument and they acknowkdaed before me that they executed the same. N 17 :NESS my hand and official seal in the County and State last aforesaid this 14th _ ~ Qf ~ A. D. 19 ~ My CoQmission e~ires ' ~~~. ' ~. ~~ . ' ^- ,~~' ..y s• ~~. y-.. ; ~ ~~ l7iir hrs~rununl pn-p~and by: ARC PARi1PIA Addrrs Iawye~ Title Insurance Corporation _ 9999 South Federal Hi Port St. Lucie, Floridly 33452 x;9399 ,~,i~g t: . I r