HomeMy WebLinkAbout2321 shall be repaid by the Mortgaqor to the Mortgaqee upon demand.
3. To observe all of the provisions of the Declaration of Condominium
of WINDMILL VILLAGE BY THE SEA CONDOMINIUM NO. l~as recbrded in
Official Records Book 189, on pages 1887 throuqh 2007 of the Public
Records of St. Lucie County, Florida, and to perform all of the ob-
liqations provided thereby. Any failure to do so which is not cured
within thir~,~ days after notice given by the Mortqaqee to the Mortqagor
. shall constitute a default under this mortqaqe. -
4. To commit, permit, or suffer no waste, impairment, or deterioration
of the mortqaqed property.
5. To pay all expenses reasonably_incurred by the Mortgagee because of
failure of the Mortgaqor to comply witlz the agreements in the note
~ or this mortqaqe, including reasonable attorneys' fees. The cost
thereof, with interest thereon from the date of payment at the same
rate as specified in the note, sha11 also be secured by this mortgage,
and shall be repaid by the Mortgagor to the Mortgagee upon demand.
6. If any payment provided for in the note is not paid within thirty
days after it becomes due, or if any other agreement in this mortgage
is breached, the entire unpaid principal balance of the note shall
immediately become due at the option of the Mortqaqee, and the
Mortqagee may foreclose this mortgage in the manner provided by law,
and have the mortgaqed property sold to satisfy or apply ori the indebted-
ness hereby secured.
7. The rents and profits of the mortgaged property are also hereby mortgaged.
If proceedings to foreclose this mortgage shall be instituted, the court
having jurisdiction thereof shall appo~nt a receiver of the mortgaged
property, and apply those rents and profits to the indebtedness hereby
secured, regardless of the solvency of the Mortgagor or the adequacy of
the security, upon request therefor by the Mortgagee.
IN WITNESS WIiEREOF, the said Mortgagor has hereunto siqned this
mortgaqe the 21at day of April 1972 .
Siy-Aed in the presen of : .
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I DONAI~ . .
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~ STATE OF F~~A )
COUNTY OF )
I hereby certify that on this day, before me, a Notary Public duly
authorized in the state and county named above to take acknowledgments,
personally appeared -
~ noria~ y. ~ari and R[TBY F~AN
to me known to be the person(s) described as Mortgagor in and who exe-
cuted the foregoing mortgage, and acknowledged before me that said
person(s) executed this mortgage.
r Witness my hand and official seal in the county and state named
~ above this ''h 1 day of April 197 2
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