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HomeMy WebLinkAbout1987o.R. 5~ P~~~6~3 ~C.K nnrl shall perjcrm, comply wif.R and abir? L6Jy~~~''{~'~~dTe~IeF~t{Ia agreements, st[pulattwu, candifioru and covenants thereo{, and of h4is mortgage, then this -norlgnge and the estate hereby created, ahall cease, de- ferminPj~and f-e null and void. I~n~ the mortgagor heathy further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all end singular IhP taxes, nssessmeJtfs, IPVIPS, liabilities, obligations, and encumbrances of every nature on said pro- perty; to permit, commit or su{ter no waste, impairment or deterioration of said land or the improvements there>on at any !ime; to Pep the buildings nou, or hereafter on said land fully iruured in a su•a o{ not less Iltan in a company or companies acceptable to the mortgagee, the policy or policies to be held 6)+, and payable to. said mortgagee, and in the event arty sum of money becomes payable by virtue of such fnstuance the mortgagee shall have the right to receive and apply the same fo the indebtedness hereby secured, accounting to iha mortgagor for any surplus; fo pny all costs, charges, and expenses, including lawyers fees and fitly searches. reasonably inc•nrred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with !hP agreements, stipulations, conditions and covenants of snid note and this mortgage, or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails fo pny when due any inx, assessment, insurance premium or other sum of money payable 6y virtue of paid note and this mortgage, or either, the mortgagee may pay the same, a,ifhout waiving or affecting the option fo foreclose or any other right hereunder. and all such payments shall bear interest from date thereof at the highest law- ful rate Ellen allou[ed 6y tLP ln[vs of the State of Florida. Dl any snm of rrt0!IPy IIPrPin re/erred to 6e not promptly paid within 30 days next after the same bPCOmeS due, or if each cold every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with r_: d abided by, then the entire suet mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise nay of the rights or options herein provided shall not constitute n weiver of any rights or options under said note or this mortgage accrued or thereafter nn•nting. ~n ~itnfSS ~heCeof, the snid mortgagor has hereunto signed and sealed these presents the day and year first above written. Sign ,sealed and delivered in ihP nrPSence of : /.. _ . ~ ... - - ..~~- _~~~rY..--. -_ _ ..~ '! G STATE OF F'LORID'., Ci)liN"I'Y OF ST. LUCIE HEREBY CF,RTIFY that on this day, before me, an officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, pcnonally appeared PETER CAI[IACun p~~ ERIS,CAMACHO, his xife, to :nc known to be the person ~ described in and who executed the foreRoin,q instrument and yea acknowledged Fx•forr me that th8~/ rxeruted the same. N'ITNF,SS my hand and official seal in the County' and State last aforesaid this ~2 v}1 day of December [ ,•'r. • ~, • „ ,~ ~ ~: . f/ w t ~ ~ ; r~`r}. f .r [n^I~; ' •.~ .. A. D. 19x62 ~~~ ~~~ t1 t. FILED RECO~iD . ~~~e,~ ^~.+ OOK 1952 D~C - 2 AM I I : 24 RoccR I'ol i RQS cle~>< sr. iucle co~llrr, , f l RIDA. ~'~~~ . TVotary Publ'C, Stitt of Flor.da it Largg G(y ('omm.s on ~.,;. ~, •,u., ] 1. lr~o6i `~r r~.~e~,._ .~l ~', i ~~ ' ' - '. C ' i f ••~; . ./•~..