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HomeMy WebLinkAbout2646and shall perfornt, comply with and abide by r*ach and every the aitreemenls. sNpulafions, caudifions and c•orenanls -he-eo(. curd of Ibis mortgage, Ihen Ibis mo-Igagr and the estate hereby created, shall c~•ase. de- frrntinr and hr null and roil. ~nu flea martgagor hereby further covenants and agrees fo pay promptly when due the principal and interest and other suns of money provided for in sail( note and Ibis mortgage, or either; fo pay all and singular the lags. assessments, levies, liabilities, obligations. and encumhronces of et>ery nature on said pro- perly: fo permit. c•ommil or suffer no toasle, impairment or deterioration of said land or the improvements then•cn of <ury lime: to Itrep tlw buildings nou+ or hereafter on said land (idly insured fn a sum of not less tl,a-r------FULL INSURABLE VALUE------------------------------------------------ in a company or companies acceptable fo the mortgagee, tlw policy or policies to he held hy, and payable fa. soil mortgogee. and in the went any sum of money bPCOIgPS payable by virtue of such insurance the mortgagee shall trace flw right to receive and apply the same to the indebtedness hereby secwed. accounting fo flee mortgagor (or any surplus; to pay all costs, charges, and expenses, i-tcluding tau+yer•s fees and fide senrrlws. reasonably incorrect or paid by the mortgagee because of the failure of the a-ortpagor fo promptly and (idly comply a>ifh dte agreements, stipulations. conditions and covenants of said note anti this ntorfgage. or either; fo perform. comply erith and abide by each and every free agreements, stipulations, conditfrnrs and covenants set (ortlr in said nofr and this mortgage or either. In the event the mortgagor (ails to pay when due any fa.r, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either. flw mortgagee may pay the same. evifhord enaiving or affecting the option to foreclose or any other right hereunder, and all such payments shall beor iMeresf from date flrereo( of the highest law- (ul rate Ihen allowed 1-y 1he laws of the State of Florida. Dl any sam of manrv herein re(errerl to be r+o± promptly pafd within FIFTEEN days next offer 1hr same becomes dew. ar i( raclr and every fire agreements..stipulations, conditions and covenants of said nofr and this nu,rfga~µ•, or either, are not fully performed, complied with and abided by. then the entire sum mentionrct in said note, and this mortgage, or the entire balance unpaid thereon, shall forthu,ifh or Iherea(fer. of flee option of the mortgagee. become and be due and payable, anything in said note or herein fo Ihr contrary noiu•ifhsfandinrf. Failure 6y the mortgagee fo rrercise any of the rights or options herein pmcidr•d shall not ev,nstih+tr a u•oiver of any rights or options under said note or this mo-tgagP accrued or fhr-ealfr•r ae-rnrfng. ~n ~liitneSS thereof, the said murtrfogor has IIPIPrlflf0 signed and sealed these presents th~~ dog and gene first ahorr u•riflen. signed delivrrnd in flee t)-esenc•e of I Y .- D . _.. ..- OY L . GE ST:~TE ()F Ft.()RID:1, ccx-~-rY c)r ST. LUCIE t...r' --~ - - -~ I tIEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the Counn• aforesaid to take acknowledgmrnu, personally appeared SHIRLEY A. HUNTER and LOYD L. GENTRY to mr krn,wn to h+- the p~-rson$ descritxd in and who e,,ecutrd the fore¢oinQ instrument and they acknowledged _'• • ... in•fon• uu• that they executed the same. a; .. • ~~ •.... ~~'Il \ESS IIIY hand and official seal in th~• County and State last aforesaid this lUth ~~- .day,b[-- DECEMBER :~. n. 19 80. ~ ~~ . '~ ~ i •O ~ h. ,,/ L., ~: 51.(143 - ~' ~ '~ -I_- ~ . - Y' ' - /~ • ~r '•f/y f~ ,/ • , i9a0 Q~C 12 F~; 3: 33 fIt.EC ~KC =ECO::G C S1.LUCIC CC~YiY.ri A. RQGER POItR:.S CLEKt( CJf=U1T C4UR1 i.Ef.i!fi ~•t _ •• I7rr~ hutnunrnt pf-rpnrr-r/ hy: i~rlrlrrts ~3~~ P~~E2645 _ ~.c.5 1 ,~ t .~ ROBINETTE G. OOLEY ! ;, _,;. , r , ^FI +-_ ~. •:. r,~r~~a,~33450 -7 -~ u~_