HomeMy WebLinkAbout1283 and shall p~?fo?m, comply with and a6~de by ~h and e~~ery the ogreements, stipulotions, conditions and
conenants fhereoj, and oj this mortgnge, then Ihis mwlgage and the estate I~ere6y crealed: shall ceass, de-
te?mine and 6e null and noid.
the mortgapor hen+by f urfl~er covenants and aSrees to pay promptly when dua the principal and
inlerest and olher sums o( money provided Jor in snid note and Ihis morlgage, o~ Rither; to pny nIl and
sin~u~nr 1/~e ta.res, assessments, ~evies, ~ia6i~ifies, ob~igations, and encum6mnce! oJ every noture on said pro-
perty; to permit, commit. or su~fer no waste, impairment or deteriorntion o/ said land or lF~e improvemenls
1l~ereon o1 any time; tu kpep the ;6uildin~Is now o~ f~e?eaf ter on snid land Jully insured en a sum oj not less
Ihan Three lhousand at~tl No/100
in a company or companies acceptable to the morfgagee, fhe po~tcy or po~icies ~o it~ I~eld 6y, and payable
fo, soie~ mortgac~ee~, an~ in ttie eoent any sum oJ money 6ernme~ paya6le 6y uirtus o~ sucti insurnnce t~e
morfgaflpe shall ha~~e the rigl~t to receiue and apply the aame to the inde6tedness here6y secured, nccounling
to t~?e mortga~o~ for any surplus; to pay a~~ costs, chatpes, and expenses, inc~uding ~awyers fees and tif~e
searctiPS, rpason~~,~y inc~arecl or paid by the morfgagee because oj f{~e ~ai~ure o~ the mo~tgagor to prompl~y
ana (u~~y corrlply wilh the a~rpemenls, stipu~afions, conclilions ancl covenants o~ sai~ note an~ this mortgage.
or eilher: to perjorm, comply with and abide by each and euery tf~e agreemenfs, stipulalions, conditions and
conennnts set (orf~ in said note and t/~is mortgage or either. ~n the euenf f~e morfgago~ (ai~s to pay w~en
due arey fax, assessment, insurnnce premium or ofl~er sum o~ money payab~e by virtue o~ snid note and this
morfga~e, or eilher. Ih~ morfgngee mny pay ttie same, witE~ou! waiving or aJ)ecfing the option fo ~orec~ose
or any otl~er rig~f hPrpuncler, and all such payments shall 6ear interpst jrom date fhereo~ at fhe I~igl~est lau~-
~~d rate tli~n allowerl bv thP Inu•s o~ the Stafe o~ Florida.
il any sum oJ mor~ey {~ernin rp(errpd to 6e not promptly paicl u~it~in ~ 30 c~nys next n~ter
Ihe same 6ecomes due, or if each and enery t{~e ag~eements, stipulntions, conditions and covenants of said
note and this mortgagp, or Qilhpr, are not ~ully performed, complied with and n6ided by, tF~en IF~e entire
sum mentioned in said note, und this mortgage, or lF~e enti?+e 6alance unpaid fhereon, shall /orthwitl~ or
therea~lPr, at 1hc option o) the mortgagee, 6ecome and 6e due and pnya6le, anytleing in said note or herein
fo the ~ontrary nofu~itl~standin~. Failure by ttie morfgagee to exercise anq of fhe rig~ts or options herein
pro~•i~vc~ shall nof ~onsiifulP a u~niner oJ any rin{~ts or opiions under sai~ note or t~is mortgage accruee~ or
1{~~r~
n~f~r at'cruing.
~n ~itne~s ~h~~l~ the said morfgagor has hpreunto signecl and sealed these presenls the
~ay an~ yoar (irsf a~~one u~ritten.
S19i7~, SPAIP~ OII~ ~PI/I~P~P~ III ~~P P PSP/lCP O~: `
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STATE OF FLORIDA. ~
COL'NTY OF $t. Lucie
I NEREBY CERTIFY that on this day. be[orc me, aa
of(icer duly authorized in the Statr aforesaid and in the County aforesaid to tak~ acknowledqments, p~rsonally appeartd
~ Milton J. Rosenau, a single man
to me known to be the person d~scribed in and who execut~d the tor~goinq instrument and he actnowkdaed
before me that he cx~cuted thc same.
y
~ WITtiESS my hand and official ual in the County and Statc last aforesaid this 3rd. d~Y ~
~ December p. D. ~g 69
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= FILED AND RECORDEOz {
~ ST. LUCIE COUNTY, FLA.'~ Notarv Public - ~tate o( Fl~~r+la at Lar~e i
~ RF COR~ VERIFI~~ rnnc~~~~ I:v: Am~ri:•an l3an'.cr~ 1~~=!~r~~.:~r C~~mp~nr
- ~i~ ~ ~ n;r :i-. E<pirr=. ! ~ . [ . 1`.
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~ '69 OEC 4 PM ; ,,~t,~~~~~'~''"~~•,
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_ CLERK CIRCUIT COURT ~ - ~'~v_. -
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