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HomeMy WebLinkAbout2769 and shal~ perfor~n, rnmply wiih and a~ic~e ~y each anc~ ei~ery fhe agreements. stipu~ations, conc{ittons and cot~enanls thereoJ, nnd oj this mortgage. Ihen Ihis mo~~aage. and the estute 1?e~by c?eated, shnll cease, de- termine and 6e null anrl noid. ~nd the mortga~or hen~by Jurthe~ covenanls and agrees to pay promptly whe~ due Il~e principal and inferest and olher sums of money provided ~o~ tn satd note a~d t{~is mortgage, or elthe~; to puy aI~ and sinflu~ar i~e t~xes, assessmerits, ~ei~tes. IIa6ilities, ob~tgaltons, antj ertcumbrances o( every nature on anid pro- perty: fo permil, commil or su~fe~ ~o wasle, impai~ment o~ c~eferio?+alion o~ saic~ lund o~ fhe improvements thereon at ar~y time: to kec~p tl~e buildings now o~ herea(ter on satd Ia~d (ully ir,sured In a sum o/ ~ot less tf~an SS ~ 000.00 in a rompariy or companies acceptable to the mortgagee, the policy or poltcies io 6e I,ald 6y, p,?d ~ya61~ fo, saic~ moNgagee, and in fhe event any sum o/ ~oney bec~omes ~yp6le by vlrlue o~ such insurance t~e mortgagee sl~all Ieave t{~e right to rc~ceive and apply tbe snme to tl~e indebtedness hereby secured, aeeounting fo !{ee morfga~or ~or uny surp~us; to pay al~ cosfs, charges. and expenses, inc~uding ~awyers jees anc~ tttle searches. renso?~a6ly ~n~~~~ o~ ~~d 6y ~h~ mortgagee 6ecause oj !he ~uilure oj the mo?tgagor to promptly anc~ ~u~~y comply wil~ I~e agreements, sfipu~ations, conditions anc~ covenants of said nofe and i~iis mortgnge. or eifher, to per~orm, comply u~itl~ and a6ide by each and eruery Ihe ag?eements, sfipulotions, conc~itions ar~d covennnfs set forlh in said no~e anc~ t1~is mo?tgage o~ either. In the event the ~nortgagor ~uila to pay w/~en due any tnz, assessment, insurance premium or otl~e~ sum oj money payable by virtue oj said note and thFa mortgage, o~ eiiher, the morlgagee may pay t~ie same, wifhout waiuing or a~~ecting the opfiort to ~oreclose or any olher right l~ereunder, and a!I such pnymenfs shall bear interest (rom date thereo) a! the highest lnw- /uI rate ~/~en allou~~1 by thp lacvs o/ the Stafe o) Florida. any sum o( money tie?ein re~Prrec~ to be not prinrrtptly paid wi!/~in thir~}? daya next ajter the some becomes due, or ij each and enery fhe agreements, stipulations, conditions and couenanis oJ said note and this mortgage, or eithpr, are not ~ully pe~(ornzed, complied with and ab~ded 6y, then the entire surre r+~enlioned in said note, and lhis ?norfgage, or the entire 6alance unpaid thereon, a{~all jort{~with or ihereafter, at th~ option oJ the mortgagee, 6ecome and be due and paya6le, anytking in said note or herein fo IT~e cpntrory notwitF~standing. Failure by the mortgagee fo exercise nny o( the rights or options herein pronic~ecl shall nol constitute a waiuer of any ri~{~ts or opfions under saicj note or f~is mortgage accrued or therea~ter accruing. ~n ~~~~5 ~~~~1~ Ihe said morlgagor has hereunto signecl and sealed these presenls the cray an~ yeur ~irst a~ove u~riflen. ` Sig d, sealed ancl Iirered in tl~e presence o~: _ • - ~ - • -----~'~i-- . - - - - - j STATE OF FLORIDA, ~ ~ GOU':~iTY OF ST. LITCI B I HEREBY CER?IFY that on this day, before me. an of[icer dul~ authorized in the State afomsaid and in the County aforesaid to tak~ acknowledqments~ personally appeared T. 8. GOLLNICR and MARTHA GOLI~iICK, his ~i.fe to me known to be the pe•rsong described in and who eaecuted the for~,qoinq instrument and they acknowledged beforc mc that they ~x~cuted the same. _ ti'IT~IESS m}• hand and of(icia) seal in thr Counq• and Statc last afor~said this (th day of .,.;•~,:M3TCh A. D_ 19 (7 . • l; t'~ ~ : ~ ~ . ~Y' . ~ G~-+ t~ f - - . : . , ' ~ ~ ' ~ ~ Fi~EO aNO RECQRDEO ~ - : ? s, : : - - i - ~ ST. IUCIE COUNTY, FLA. ~ ; - ° . . RECORO VERIFI r~°:Jry su~ • = ? ~ ~,,.:._z ~t ~~~e i r Corrtmasion Expires Ny ~ ! . . . _ . . - ~ E~ ~ ,r~~y ~ ~Q ; ' ' ~ f ~ ~ '6T MAR ~ PH 3 : 1 Y ( 15331'7 E ~~o~~~ ?~o~T~as CLERK CIRCUI7 COURT ' BOOK 164 PACE~.~~ ' - - - ~ ; ~ - - _ . _ _ - - - _ .';,~_''s~:'~.. . .m.r::,~ ~x~~ ~~a.~, s 3 e y -