Loading...
HomeMy WebLinkAbout06700^Rr 4%~ PACE IO and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants thereof, and of this mortgage, then t{[is mortgage and the estate hereby created, shall cease, d,r- termine and 6e null and void. ~n~ the mortpaftor hen'by further covenants and agrees to pay promptly when due the principal and interest and other sums of money provic{ed for in sain note and fhia mortgage, or either; to pay all and singular f{re tares, assessntents, levies, liabilities, obligations, and encumbrances of every nature on said pro- pertV: fu permit, commit or suffer no ura>te, impairment or deterioration u( said land or the improvements thereon at env time; to deep the buildings now or hereafter on said land fully insured in a sum of not less than ONF TIiOUSAN~1 & OU ~ 100 flOLLAR S in n company or companies acceptable to the mortgagee, the policy or policies to be held by, and pnyable to, snid mortgagee, and in the went any sum of money become. payable by virtue of such insurance the mortgagee shnil have the right fo receive and apply the same to the indebtednera hereby secured, accounting to the mortgagor for any surplus; fo pay all costs, charges, and expenses, including lawyers fees and title searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and Jolly comply with the aprevme-nts, stipulations, conditions and covenants of said note and this mortgage, or either; to perform, comply with and abide by each and every the apre~ments, stipulations, conditions and rorenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assess;nent, insurance premium or other sum of money pnyable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or am• other right hereunder, and all such payment. shall bear interest from date thereof at the highest luw- (td rate [hen allowed by t{te lows of the State of Florida. Df any sum of money herein referred to 6e not promptly paid within thirty days next after •-~ J`,- ,, ~^ .•~L _ , ,:~ .~ --:~ x~ .`J ..; the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of snid note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in snid note, and this mortgage, or th•e entire balance unpatd thereon, shall forthwith or thereafter, at tho' option of the mortgagee, become and 6e due and payable, anything in aaid note or herein to the contrary noltvithslandinp. Failure 6y the mortgagee to, exercise any of the rights or options herein provided shall not constitute n waiter of any rights or options under snid note or this mortgage accrued or t{~erer-fter n:cruing. ~n witness thereof, the said mortgagor has hereunto signed and sealed these presents the clay «nrl yrar first above rvrittr'n. Signed, seated and delivered in the presence of : ~ STATE OF FLORIDA, COUNTY OF ST. LUCIE I HEREBY CERTIFY that on this day, before me, sn officer duly auihorizcd in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Samuel Kobrin anct Ruth Kobrins his wife to mr known to be the person 3 described it and who ~x.•cuted the foregoing instrument and thAy acknowledged beforr me that thAy executed the same. .,:.. •• •: ,~ 14I'I'tiESS my hand and official seal in the County and State last aforesaid this _ ~~~~~ '„ ~ t ~•J~dS[Y~Qt Nov . A. U. t9 62 ~J.034~ F1~.EQ ANQ RECORDEQ ~ BQOK f~6[ NOV 14 uM I l : 30 ;;~••. ='; ROGER POITRAS, GIERK - • . ST. LUCIE COUNTY, FF.O~tOA ~~ _ , .., ...... Notary Pt.btlc, Strata a-~16i1~a. La ~ y~~ i'~ ~ '.•'s~' , My Commission Explres'Q 2j; •29E4''. nt: Bonded by, American Suraq/ ct [yl,J{~ ~_ :' ''rrur,~tct~`' _{; i