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HomeMy WebLinkAbout1156 and shall perf orm, c~omply with and abide by each and enery tl~e ag?eemenfa. slipu~ationa, co?u/itio~a ar~ co~?enants thereof, and of !?~ts mortgage, fhen t1~ia mortgage and the eatate kere6y c?eated, ~~iall cease, de- te?mine and be ~ull and uoid. ~ the mortgago~ hew6y rurthe~ co~ehants and agress to pay promplly when due tha p?inctpal ar~d interest and ot{~er sums o( money proulclecl ~or in said note and t~is moNgnge. or eifher; to pay al~ and singular !he fnxes, assessmenls. ~evies. Iiubilitiea. ob~ipafions, and encu~nbrances o/ every nature on aaid pro- perly: to pe?mit, commit or suf~er no waste. impatrment or detertoration of sa~d t~r?d or f~e irnprnvemenb ther+eon at any time; to keep the buildings now or hereajter on said Iand Juily insured in n aum o/ not less than -----~---------MAXIMtAr! INSURAH?~B VAI.US------------------------- in a oompany or compareies acceptable to t~e mo~tgagee, fhe po~icy o~ po~icies to 6e held by, w~d ~ya61e to, said mortgasee, and in the euent any aum oj money 6ecomes ~yabl~ by virtua oJ auch insumnce the mortgagee sholl haue the ?ight to receive and apply the same to the inde6tednesa herebq securec~, accounttng to ihe mortga~Ior (or anq swp~us: to pay al~ cosfs. c~arges, and expense~, inc~tuling lawyers Jees and tit~e sew~c~es, reasona6ly incurred or paid 6y tl~e mortgagee becawe of t~e ~ai~ure o~ f~e mortgagor to prompf~y and /uUy comply with the agreements, st~pulations, conditions and c~ovenants oJ aaid note and this mortgnpe. ~ or either; to per(orm. comply witl~ and n6ide 6y eac~i and enery the agreemenfa, attpulaliona, condittoru and . ~ covennnts set ~ort~i in said nofe and this mortgage or either. In fhe event the matgagor fails !o pay u~hen due any tax, assessmenf, insumnoe premium o~ other sum o/ moneq payable by ~irtue of aaid note and f/~is mortgage, or either. ff~e mortgagee may pay the same, tvit~out watving or af fecting Ihe option to ~oreclose or any other rig/~t hereunder, and all such pQymeents shaU beor interest /rom date ther+eof at tl~e highest law- iuT rate tleen al[owed by !be laws o{ tF~e Stote o/ Florida. any sum oj money herein referred to be not promptly pnicl within thirty days next ojte~ ~ the same 6ecomes due, or ij enclt and every the agree~nents, stipulatlons, conditiona and couenants of said note and tl~1s rreortgage, or either, are not f ully per~ormed, complied with and a6~d~d 6y, then t{~e entire au~n inentioned in safd note, a„d th~ mortgage, or ilte entire 6ulartce anpnicl tlierieon, al~all (orthwith or therea/ter, at the option o( the mortga9ee, become und 6e due and paqable, anytT~ing tn aa~d note or herein to the contrary notwitF~standing. Failu~e by ehe mo?tgagee to exenciae any of the righta or optio~a I~erein provided s1~nl~ not constitufe n waiver o~ any rights or options under snid note or t6ts mortgage accrued or thereaJter accruing. ~n ~ilil~ t{~e saic~ mortgagor tius hereunto signecl ancl sea~ t{~ese presenta the day anc~ year f irst above wrilten. Signed, sealed and delive in the p en e o(: ~l/ ------~-------C - - Homer W. Sauer - . - - - - - . , . - - Patricia A. Sauer ~ - STATE OF FLORIDA, ~ cOUt+rrY oF ST. LUCIE I HEREBY CERTIFY that on this day, before me, an ofticer duly authorized in the State aforesaid and in the County aforesaid to wke acknowledgments, personaUy appeared HQMER W. SAUER and PATRIC?A A. SAIIER, his wife, + to me known to be the pcrson 8 described in and who executed t6c longoing inatrument and tjlgy acknowkdged before me that they executed the sazne. WI'I'NESS my hand and official seal in thc County and State 1ut aforrsaid thu ~ Z~= day of November, A. D. ~9 1? ~•~•ic• . . .T. f_..._.... Notrry Public, State of Ftorjd~ at' _ ~ • ~ ' ~ ~ : ' . ~ ~G My Commission Ex~res t~ 9, a9T2 Q~nO~Q`0~ Oo•d~d ~r MaK+. Fiw ~;tw+a~-~'' , u C. ~ pNo ~ V~Y. .3„~~,~, :1- . ~ F~~~~~ti co ~a~F~EO~~ . ;4 ~~3 . , S~c. a~ ~oR~ • :f , -i~2 i~ , NZ _ N~~3~ ~ ,6g ; a co~a~' ~ ~ R~G C1RCV,~ , ~L~RK ~ , BOOK ~ l ~ PACE~,~. ~ '