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HomeMy WebLinkAbout0975 . an~ sho~~ per(orm, rnmp~y with a,~d ~bid. 6y ~h ond ei~ery the agreement~. atlpulaftflni, condltton~ and c~o~ronanls thereo~. and o~ thti mo?tgnt~e. Ihan Ih~ morigass and 11?e e~tote f?a~br crrated, i~aU cfae, d~- tsrmine and be null and crold. Tilltl the mortgaflor heru~y ~wfher covenanta and ngreas lo pay promptly w{wn dw t~a principal and interea! and other aueu o~ money provtded (or tn sutd nole and thia morlgags, or eitl~tr; to poy a~~ and stngu~ar fhe taxea, aase~sments, ~evlea, Itabllities, o6Tlgaf[ons, and sncum6~nncea o( every nature on :aid pro- perty: to permit. commif or au((er no wwte, impairmenf or deterioratton o( ~aid land or the tmprouen.ents l~erecn at any fime; to ~PPp IIIP 6uil~ings now or herrajter o~ tald land (ul~y insurec~ 1n a sum o~ not ~es~ fhan in a company or rnmpunles acreptab~e to the rriortgogee. Ihe po~lcp or po~icies to 6e he~ 6y, nnd payab~e , to, sa~d mortgagee, un~ in l~ie event any sum o~ money becomes Poya61~ by virtue o~ iuck inaurance f~e mo?t9agee sF~all have the righ! to receive and apply Ihe aame !o tlte inrlabtednes~ hereby aecurecl, nceounttng ` to 1{~e morlgn{~or ~or any ~urplus: fo pay a~~ costs. chargea, and expentes, inc~uc~ing ~nwyer i~eea and fit~s ~ searc~es, reasona6ly incurrec~ or pnid 6y t~e mortgogee 6ecause of f~e Jatlure of tha mortgagor to pro?npflr ' ond ~ully comply wit?? the agreements, atipulations. conditions anrl covenant~ oJ said note and t1~is mortgage. or eil~er; fo per~orm, comply with and abtcIe by eacli nnd every i~e agreements, slipu~ations, condiltons ~ ~ covenants set ~orth in satd nofe and thia mortgage or elfher. /n the event the morfgagor (ai~s to pay when due any tax, assessment, insurance premium or other sum o~ money payab~e by utrtue o( said note and thi~ mortgage, or eit~~er, fhe mortgagee may pay f~e same, wit~out waivtng o~ a~~ecting lf~e option to ~orecjose or any olher right hereunde~, and al! such payments shall bear tnterest (rom date tl~ereo/ at the higheat law- } ~u~ rate Ihen nllowed by the Iaws o/ t{~e Stnte o) Florida. ~ any sum o~ money ~erein re/erred to be not proMpt~y paid within thirty dayi next a~le? t the rame 6ecomes due, or i~ eac/? anc~ every fhe agreemenfs, sfipu~ations, con~/itions ana~ couenunts of soic~ ° note and this moNgage, or either, are not /ully perJornied, complied u~itl~ and abtded 6y, then the entire ! rum mentioned in said note, nnd this mortgage, or the entire balance unpatd thereon, sleall /ortl~witl~ or ! t~ereofter, at t~e option of t?~e mortgagee, bec~ome ~d 6e due a.?d paya6te, an~tking In aatd note or he?ein ~ to f~e contmry noiwilhslnncling. Failure by the mortgagee to exerrtie nny oj the rdgkb or options ~erein provided sf?a~l nof consfifute a wainer o~ any rigF~l3 or optioru under said note or this mortgage accrued ot ~ t~eren f ter accruing. ; 5 ~~~lL~ ~~~1~ tF~e anid morlgagor has hereunto signed and sealed these presenti the day and year ,irat abone u~ritten. : Signecl. sealed ancl clelinered ia fhe presence o(: , , / ~ ~ . . . ~ j . - . Y . ~:l~,o?~t~---- - . - ~ Dona d G. Lamp ~ ~.f~ ~ a- ...._ol:'..,. _ - ~ Marjarie. . Lamp r ~ i ~ STATE OF 2-Q ~ ~ ~ COUNTY OF ~~f~ ~ I HEREBY CERTIFY that on thii day, befon me. aa oiiicer duly authorized in the Stat~ aforesaid a~d in the County aforesaid to take acknovrkdgmcnts, penonally appeared DONALD G. I~ and MARJORIE M. LAMP, his wife to me known to b~ the person S dcscribed in and who executed the (orcgoiry~ instrument and they acknowkdsed before me that t~ey exccuted the same. WI7NESS my hand and official seal in thc County and State last aforesaid this ? day of A D. 19 ?J / .~/w~w s t . . . . . • ~ ..w~.~?-~....~.~,. ~ ~ - , ~ L M~~MNA~p NOTARY PiiBLIC , Mr 4w ~p ~II. ~t. NM ; ?~OMMISSION EXPIRES : ~~j 1 ~t 83 ~i~ ~3~~ ~ F„ 2= ~8 t~ f L: 'tr:.~~ CLEnh~C;F,~i11i CQU TO pECG~~ \';RIF;~~ ~ Tliu Irutntmc~tt pr~Frrrtd by: JOYCE R. WEA'TYERS ~ Aad~ 900 Virginia Avenue, (b16 Fort Pierce, FL 33450