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HomeMy WebLinkAbout0460 ~ ~ and shall perJorm, comply with and abide by each and every the agreements, atipulations, conditions and ~ covennnts tl~ereo/, and o( thts mortgage, then this mortgage and the eatate l~ere6y created. shall cease. de- ~ termtne and be nul! and void. ± ~ the mortgagor hervby /urther c~ovenants and ngrees to pay promptly when due the principal and interest and othe~ sums o/ money provided for tn saic~ note and this morlgage, or either: to pay all und ti singu~ar ttie taxes. assessments, levies, ~inbi~iiies, objigoiions, anc~ encumbrances oj e~ery nature on aaicl pro- pe~ty; to permit, commit or su~~er no waste, impnirment or cleterioration o~ said land or fhe tmprovemenb thereon at nny time: to keep the 6uildings now o~ hereaf ter on said land f ully insured in a sum o) rtot less than MAXIMLAri INSUR~BLE VALUE in a compuny o~ companies accepta6le to the mortgagee, the policy o~ policies to 6e held 6y, and pnya6le to, said mortgagee, and in the event any sum oj moRey becomes ~xiyabl~ 6y virtue of suc{? insurance the mortgagee shnl! haue tl~e right to ~e~~e and ~ply ehe sa?~e to ~he ~.?de6tedne~a he.gby s~u.gd, acc~ounting to tl~e mortgago~ (or any surp~us; to pay n1~ coala, chargea, and expenses, including ~awyer s(ees anc~ tiile sear~cties, reasona6ly incurrec~ or paid 6y the mortgagee 6ecause o~ the (aijure of t~e mo?tgugo~ to prompt~y . nnd f ully comply with ihe agreements, sfipulations, cond~i~o?u ~d ~~nw~t~ oj soid note and lhta mortgage, or eifher: to per~orm, eomply witF~ and n6ide by eacl~ aad every i~e ag?eemenfs, stipulntions, conditions and couena~ls set jorth in snuT note and tl~is mortgage or eifher. ~n the event tl~e morlgagor ~ai~s to pay when due any tax, assessment, insurance premium or olher sum of ~,oney ~.ya6t~ 6y virtue oj saitl note and fhia mortgage, or either, t{~e mortgagee moy rxiy the same, wit~out waiving or of~ecting t~e option to ~orec~osa or any otl~er right hereunde~, and all such payments shall bear interest lrom date thereoj nt tl~e htghest law- Dl any sum o~ money herein re(errecl to be not prompt~y pnid wit~in thirty c,nys next a~ter the same becomes due, or iJ each and euery the agreements, slipulations, conditions and covenants oj snid note and this mortgage, or either, are not jully per/ormed, complied witF~ and a6ided by, then the entire sum mentioned in said note, and this mortgage, or the entire bnlance unpaid thereon, shall (orthwith or t{~erea(ter, at the option o( the mortgagee. 6ecome ~d 6e d~ ~d ~ya6[~, anything in said note or herein to t~e contrury notwitf~standing. Failwe by t~e mortgagee to exerciae any of the righh o~ optiona herein prouidecl sf~n~~ not consfitute a waiver o~ any rights or options under said note or f~iu rnwtgage accrued or f{~ereaffer accruing. ~n ~itness ~hereof~ ihe said mortQauor has hereunto signed and sealed these presenta tlee day and year Jirs~ above u~ritfen. Signed, sen~ed and delinered in lhe presenc o~: ~ - ~t7 - - -C~ - _ ~ - - _ Frank S. Stahlak - - ~ . i ~ € oan M. Stahlak E . ~ I i ~ 6 ~ STATE OF FLORIDA, ~ couH~rv oF ST. LUCIE I HEREBY CERTIFY that on this day, betore me, an officer duly authorized in the Statc aforesaid and in the County aforesaid to takc ackcwwledgments, personally appeared ~ FRANK S. STAffi.Ax and JQAN M. STAALAK, his wife, ~ ~ to mc known to be the pcrsong described in and who executed the fortgoing instrument and they acknowlcdged s before me that they cxccuted the same. ~ WI7'NESS my hand and o[ficial seal in the County and State last aforesaid this ZIL(~ ~.,,,~day of ~ - . ~j•I1:1~)'/~/~~, ' ~-•~anu~ry r\. D. 19 ~O. ~ ~ ~ , : x : , E~ . REC~RD : _ = ' ~ - ` FIl.EO AN~ p13NTY. FLA• ~----,lJ~G,,?-.~-------~---•-•---- • " ~ sT•` ~ vE~lj~~~ xotary lic - stat~;of r.,ri.~1a _ : ~ ~ : ~ 1Fja~. at ?~arge. : • . O ~ pM ~2 ; 31 My commission Expire$. , ~ •Zp JA~ 9 ~ = ~ . ~ :;~;;:~~s ~ ~~t~K'~trCU1T COURT. ~ 3 ~ ~ ~ ~ ~ R PACF ~ SOOK :f ~ v'~ ~ ~ ~ ~ . ..rw`'~_ _ ~ i ~ _ . " _ I s . ~ a:., _ _m.,ti . . , ~ ~ - , ~ . _ 'At -s:.:~_ _