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HomeMy WebLinkAbout2178 and ehall perform, ~omp~y with and abide 6y ench and e~~ery t{~e agreements, afipulatlo?i~, c~ondltions and corenants ~hereo~. and o~ ihis mortgas~e, then t{~ii mortgage ond the estate he.~6r created, il~all cease, c~e- tprmine n?~d 6e null ancl voicl. ~I14 t{~e mortga~tor tiere~by f urt{~er covennnis and agrees (o pay prompt~y when due t~e principol nnd interesl and o!f?er sums o~ money provided (or in anid note and tf~ia morfgage, or eithet; fo pay a~~ and singular fhe ~tIYPS, assessmenis, levies, lia6ilities, o6ligations, and encnm6ronces o~ every nniure on said ~ro- perty; to permit. commil or su((er no waste, impairment o~ deteriarntion o! :atd l~nd or !he improvementa tl~erecn a1 any fime: to RPPp ~~P 6uildinfls nouj or hema/ter on said lancl (ully iruured In a sum o( not ~ess ~haR full insurable value in a company or compa?ii~s accepla6le to tl?e mortgagee. Il~e poItcy or policies to 6e held 6y, and paya6le to, said mortpagee. and in the evenf any sum o( money becomea paya~~e by virtue of such tnsurance f~e mortgaflee shall F~a~~e the right to receive and apply !he aame to the indebtedness here6y secured, acrnunting to the mariga{~or ~or any surpltts: to pay a~~ costs, c~arges, and expenses. incjacling jawyer~s ~ees nnc~ tit~e aenmhes, reasona~i~y incurred or paid by the mortgaeee 6ecause oj the )nilure o/ the rnortgagor to promptly ~ ar~ci juiiy compiy u~iin ina agreemenls, stipulations, conditiona and covenanls ot said note nnd lhis mortgage, I or eithe~; !o per~orm, comp~y with und nbide 6y eacF? and every t~?e agreementa, stipulntioru, con~itiona an~ covenanls set (orf1~ in said note and this morlgnge or eitl?er. In !he event the mortgagor fai~t to pny w~en due any tax, assessment, insurance premium or other sum o~ mengy ~ya6[~ by virlue oJ aaid note and thti mortgage, or pither, the mortgagee mny pay the same, wit~out waiuing or a~fecting the option to (oreclo~e or any otF?er right hereunc~er, nnd all such payments shall bear interest from date thereo( at the higheat law- f ul rate !{~en a~~owed by t{~e Iau~s of the Stute o/ Florida. D` any sum oJ money herein re(erred to be not prompt~y paid within fifteen days next n~te? the same becomes due, or ij each and euery the ugreements. stipubtions, conditions and covenanta o~ aald note ant~ tF~is morlflage, or either, are not ~ull7r per~ornted, campliec~ tuith and abided by, then tlte entire sum mentioned in said note, and lhis morlgage, or the entire bolance unpaid tl~ereon, r1~aU /orthwilh or tleereajter, nt the option oj the mortgngee. 6~o~g ~d be d~ and zxiynbl~, anything in snid nole o~ harein to t~e contrnry notu~ilhstnncling. Failure 6y the mortgagee to exee+cite any o~ the rig~b or opHons ~etein providec~ s1~al~ not constitute a u~aiver o~ nny rig~ts or options under said note or this mortgage accrued or IF~ereoJter acc?uing. ] Dn ~~L1l~S ~ the snid morlgagor ~as hereunto signed an~ sea~ lhese presents the c~ay anc~ yenr ~irsf abone u~rilten. Signecl, a~ec{ and delinered ' tf?e presence o~: ~ L~~~2~i-- l ~ - - , . , NELL SALTER ~ . c:~~- ~ ~ 4 - - . . . - - . - - . . - ----------i-o-~~-~7~7~- - - - - - - 4D . -JA~i 3.1-----P~-~Db-- - . _ ~ - . ~ ~ ~ ~ ~ ~'~L~: r~ Y.,_ ~ "?~?uG~ ~~~xG~, . E ~ i ~ _ !~s . i STA'fE OF FLORIDA, ~ ~ COUNTY OF S 1. LUC IE ~ I HEREBY C£RTIFY that on this day, be(ore me, an ~ officer duly authorized in the Stat~ aforesaid and in the Gounty aforesaid to tak~ acknowledgmenu, p~nonally appeartd ~ NELL SALTER t ~ I ~ to me known to be the person described in and who eaecuted the for~qoin~q instrument and Srl@ acknowiedgtd ~ txfore me that St]e ex~cuted the same. - ~ 14'IINESS my hand and official sea! in thc County~ and State last aforesaid this day oi ~ January D. t9 90. ~ ~ ~ I ~ s s . . . ~ ~ My Commission expires: Not ry Pu lic, S~tBt~f-:of Fl'p,r'ida 1 _ . - : ,,,":TeRY Mi~l?L STaTE Of ~LO~+IuA _s- . ~ ~ , . ~ E , i~. ~ 23,193J - : " . _ _ • - << I ~ • S~''~..~`~`~ ` ;.,J~'`~~ ,.ti-. ~ , . ~~twsn,~t~t _ ~ i ' ~:~h.• _ K;_' e il ~ ~ ~ 1 i 's "s Iliic Luinuuf~rl pr~~n-d by: WILLIAM E. RAIKES, II7:, E5Q. ~~f~~~ Post Office Box 2520 i Fort Pierce, LF 34954 ~ °~~~75 f«~~~~~ ~ ~ ~ Y ~ 7.~ ~._~__~~~~~...4 ~~~~~,.s~~~.~~~~~~~d~~~`'~