HomeMy WebLinkAbout1604a~u~ s/~ali perfo-rn, co--iply u~itb and abide by each ~rul every tlie ag.eements, stipulatio-u, co-:dirio~~s cmd covenants the.eoj, a~d
of tfiis -nortgage, tl~en tl~is -nv-tgage a~ed the estate lureby c-eated,shall cease, detenni~ie and be rwlland void
Z1nd tlee nwrtgagor heieby furtl~er cove,wnts and ~grees to puy p-omptfy when due die p-incipal and interest and
otl~er s~uns oJ rno-rey p~ovided for rn s,:id note and this -no~tgage, or eithe~; to pay ap arid si»guln- tbe taxes. assetsments, levies,
liabiGties, obli8atio.~, and encu~nbrances ojeve-y .iatu-e on said p-uperty: to pern~it, commit or suJfer no waste, impairment o-
dete-iorstan uf soid l~nd o- tlee improvements tliereon at any time; to keep tlic buildi-rgs .ww or hereaJte- on said bnd fully i-a
sured in a sum of riot less t)~an F U ~ ~ i n s u r a b 1 e V d ~ U e
in a company orcompanies acceptable to the mortgagee, d~r policy or pvlicies to be held 6y,a-u1 payuble tv,said mortgagee,and
in tl~e event a-~y su-r~ of nwney becomes paya6le by vi~tue of suck iruu.a-ue tlie nw~tgagee shal! have the right io recerve and
apply tite same to the indebtedness hereby secuied, accounting to the mo~tgagoi Jo. any surplus; to pay all costs, cha-ges, arul
exper~es, including bwyer's fees a-ul title sea-ches, .easo~~a61y incurred or paid by die mortgagee becm~st oJthe failure of the
mortgagoi [o promptly and fully comply with the ag-eements, stipulatio~u, conditions and covenants of said note and this mo-t-
gage, o- either; to perJorm, comply witl~ and a6ide by each and evFry the agseements, stipulations, co-ulitans and cov.erwnts
set forth in said -wte u-:d this mort~pge or either. /n the event tiee mortgagor fuils to pay when due any tax, Quessment, insur-
u-u~e premium o• othrr sum of money payable 6y virtue of said note and this moitgage, or eittie~, the mortgagee »wy puy the
some, witlwut waving or affectirig the option to foreclose or m~y othe~ rigl~t hereunder, and aq suck puyments s1wU 6eos i»te--
est fiom date thereof at tlie hig{iest lawful rate tlten allowed by the laws of the State of Fbridn.
71F
~u~ ~ny sum ~j -tw~iry ~~errrn reJened to be not promptly paid withirt ~ U days next after the same buomes
due, or if each a-u1 every the agreements, stipulations, conditions and covenants of said .wte and tkis mortgngt, oi either, are
not fu[ly pe~formed, complied wrth nnd abided 6y, thcn the entire sum mentioned in said note, and tHis mortg,~ge, or the rn-
tire baiarue unpaid tl:ereon, shall forthwith or thereafter, at tke option of the mo~tgagee, become due arid pnya6le, anything
in said note or l~erein to the conhary notwitkstandir~g. Failure by the rnortgogee to exe-cise any of the rights or optant he~e-
in provided slw!! .rot co-utitute a wuive~ of ony -iAhts o~ options under said note or this mortgage ac~ruPrt n- t.he•e~~t_•• ~ta•~-
ing.
~rt ~{~itness ~~hrreof~ the said mo~tgagor lws {ie~eunto signed and sealed tkese p-esents the day and year
fi-st a6ove written.
Signed, sealed ar~d delivered in the preserrce of:
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STATE Or FLORIDA,
COL'NTYOFSdint LuCie
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1 HEREBI' CERTIFY that on this day, before me,
an officer dul~• authorized in thc State aforesaid and in the Countp aforesaid to take acknowledger.unts, Personally appeared
Stella Bess
to me know•n to be the person described in and who executed the faregoing instrument and S h e
bcfore me that 5~ P executed the same.
:;'ITLESS my hand and official seal in the County and State last aforesaid this 17 th
March ~. n. iv 81
This instrument prepared by
Ro9er F:ei 1 hol tz
Rehabilitation Specialist
Planning & Oevelopment
.4DDRESS: City of Fort Pierce
P. 0. Box 1480
Ft. Pierce, FL 33454
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1981 HAR 27 P~1 2= ~2
52195s F~~fc Y~c ~_;;-~: ~j
°,1.LUCIE CCvN~Y.F t l=
RGucR i'Ct : R:'•c
CL.RY, CI~~~IT Cn~ ~
ti~~K 35~ FM~~ ~.600
acknowlcdged
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