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Home My WebLink About2240r and shall perform, comply u~ifh and abide try rwt•h and every the agreements, alipttlafions, conditionu and covenants thereof, and of this mortgage, then this mwtgapP and 1hP estate hereby created, shall cease, ds- ferminP and bP null and twirl. ~nd fhP mortpapor hereby jtt-ther covenants and agrees fo pay promplly when due the principal and interest and other sums of money provided for in said note and this mortgage, or Pifher; to pay all and singular fhP tn.rps, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perly: fo permit, commit or suffer no waste, tmpatrmenl or deterioration of said land or the improvements fhPrron of any lime; to IrePp the buildings noun or hereafter on said land jolly insured in a sum of not~less than FORTY FOUR THOUSAND SIX HUNDRED FORTY FOUR Dollars --- 80/100---------------- in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable fo, said morfpagPP, and in the event any sum of money becomes payable by virtue of such insurance the mortgapee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any str-plus: fo pay all costs, charges, and expenses, including lawyer i Jess and title searches, rPasartably inctr-rPd or paid by fhP mortgagee because of the failure of the mortgagor fo promptly and Jolly comply urifh 11tP apreements, stipulations, conditions and covenants o/ said note and this mortgage. or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants sPf Jorth in snid note and this mortgage or Pifher. In fhP event the mortgagor jails fo pay when due any fax. assessment. insurance premium or other sum of money payable by virtue of said note and this morfgagP, or Pifher, fhP morfpngee may pay the same, tuithottt tuaiuing or affecting the option fo foreclose or any afhPr right herPtrnrler, and all such payments shall bear interest from date thereof at the highest lau~- Jul rate then allowed by the laws of fhP SIQIP of 1=lorida. ~l any sum of money herein rP(Prred to 6e not promplly paid within days next after the same bPr-omPS drrP, or if each and PvPry the nprePmertfs, stipulations. conditions and covenants of snid note and this morfgagP. or either, are rtof fully performed, complied with •and abided 6y, then the entire sum mentioned in acid note, and this morfgagP, or the entire balance unpaid thereon, shall forthwith or thereafter. at fhP opftan of 1hP morfgagPP, become and bP due and payable, anything in said note or herein fo the contrary nohvilhstanding. F'ailurP by the mortgagee to exercise any of the rights or options herein provided shall not consfihrfP n u~aivPr of any rights or options under said note or this mortgage atr-uPd or fhPreaffPr accruing. ~n ~~uleSS ~htCtOf, thr• snid morfrragor {fns hPrPtrnto signed and sealed these presents the day and yr~nr Jirsf above tvriffPn. - SipnPd. sPalpd and delivered it fhP presence oj: ' __ Nan E. Steele .. ~ I ® !! _. .. ... I STATE OF FLORIDA, Col'\TY OF St. Lucie ~ I tIF.REBY CERTIFY that on this day, before me, an ufficrr duly authorirrd in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Gary J. Steele and Nancy E. Steele his wife ~ to rm• known to Ise the person $ described in and who rxrcutrd the fnregoinQ instrument and they acknowkdged I befon• rnc that they rxrcutrd the same. i~ ~~'ITXF.SS my hand and official seal in the County and Swte last aforesaid this ,'ci . • day of , -- - ~ 1950 OEC I I A!~ 9~ 37 FILEL! ~hC ~r. CGi<Ji D Si.LUCIC Ct3UNTY.f E d. ROGER PQItRAS CIERK CIRCCI CCUd 510180 ~,~~ Mt rt>•~c.• •~ . Motu i- 1 ~Ir'!1~ prrPrirr~/ /y: Jackie Talamine ~heast First National Bank of Ft. Pierce 970, Ft. Pierce, Fla. 33454 / -- ~ N-r~'• , ~ ;yni 3 ~/i ___._/ „x349 ~~x22~