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HomeMy WebLinkAbout17391 ~. ~.' ~ ~~~~ 51 rrc~375 -. ,~ ~I and shall perform, rnmply wllh and abic{e giy.eot~l~n$~~~'~t~{ f}?£roements, stipulations, conditions and c~venanty thereof, and of tf+is mortgage, ihert this mortgage and the estnte hereby created, shall coase, de- II tarmin:, and be null and twirl. l~~ the mortgagor fterehy (urtlter covenants and agroea to pay promptly when due the principal and interest and other sums o) money provided for in acid note and this mortgage, or either; to pay all and singular the fares, assessments, levies, liabilities, ~bligattons, and encumbronces of every nature on said pro- perty; to permit, commit or suffer no wwte, impairment or deterio~~ation of said land or the improvements thereon at any time; to keep the buildings now or hereafter ort said land (telly insured in a stsm of not less [Iran in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor )or any surpltu; to pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee becatue of the failure oj~the mortgagor fo promptly and (ally comply with the agreements, stipulations, conditions and covenanb of said note and this mortgage, or either; to per/arm, c-omply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the evenhthe mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money payable 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 any outer right hereunder, and all such payments shall bear interest from date thereof at the highest law- ful rate then allowed by the laws of the State of Florida. 1` arty st:m of money herein referred to be not promptly paid within 30 days next after the same becomes due, or i) each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, and thin mortgage, or the entire balance., unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the rortlrary noturithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a urniver of any rights or options under said note or this mortgage ncerued or !hereafter accrtring. ~n ~I~tteSS thereof, the said mortgagor has hereunto signeri and sealed these presents the day and year first above written. Signed, sealed anc{ delivered in the presence o): .. ,• /,ra/ / ` d ~,,,~1 ISor~s N. /~' Cpl' <_ !l ~r lL /.~ S ch a n,}n ah l ~ ~ -- -. ~~.- ........... Q,~ ~S~che n ando ~ STATE OF FLORIDA, COl'NTY OF ST. LUCIE ` I HEREBY CERTIFY that on this. day, before me, zn officer duh• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared DAVID S. SCHENANr,OAH and DORxS N. SCHENAL~OAH, his wife, to me known to }x• thr Lx•rson 8 described in and who executed the (ore~oinq instrument and they acknowledged befom me that they executed the same. o WITNESS my hand ann official seal in the County and State last aforesaid this p~ 8~ day of ~tov(Itun~ex ~~~.,{ttlll.irtrlr! _ O !/~ "' .~ .~ r O j _~ t1 '~•~~`~ ; te ~• r -_ - J' ` 'y , ' ' - -;. ;, L' r ',;, A. n. 1962. 1L~.~~! ~ ~~~ ~~ RE~fi0E0 ~:iSZ UrL "V 1 I1 2, li7 ROGER POITRAS, CLERK S1. LUCIE COUNTY, FLORIDA~~ Notary Pub"tic, ~~St~ate~~o~~~F~ ori.cia at Large. My Commission Expires: S "~ ~~~~~ v^ .••~uio~~ . ~.. ~ ~}, ~ :f... •t4„ ~~.~. •,JI ,,T'~"' •..•.~ i 11