HomeMy WebLinkAbout1247 and s1~a1! perforn~, com~ly ecith arul al,ule 6~ c~acl~ aud evcr~ the a~;recmcnts, stiNulations, corulitions and
cooenants tl~ereo/, arut of this mort~a~;e, then this mort~;a~e u~ut ti~e estate herel,~ created, si~all cease, de-
fern~ine and be nuIl and void. . •
~ the mortgagor here6y further covenants arut agreea to Nay promptly tchen due t1~e princiNai and
interest on~i other sunu of mone~ Yrovulecl for in said note und thts mortgage. o? either, to pay ali and
stngulur the taxes, assessments, leuies, liabilities, oLlibatior~s, nn~l encum6rances of every rwture on said ~rop-
erty; to permit, comrnit or sueer no uaste, imEwirment or deterioroteon of said lnncl or the improoements
thereon at any time; to keep the buiklings now or hereafter on said la?ut fully insured ~n a sum of not less
than
in a company or companies acce~~table to the mortgu~ee, ihe ~wlicy or policies to b~ held by, and payable
to, said mortgagee, a?u! in the event any sum of money Lecomes payo2ile by virtue of such insurance the
mortgagee shall hace the right to receive n?ut apply the sanie to the inde~itedness hereby secured, accounting
to the mortgago? for any sur~~Ius; to pay atl costs, charges, arul expenses, including lawyer's fees and title
searches, feasonably incurred or paid by the mortgagee because of ihe fQilure of the mortgagor to promptly
ond fuUy eo»~ply with the ogreements, stipulntions, co?ulitrons orut covenants of said note and ihis mortguge,
or either; to perform, comp?y icith ond obirle l~y each arut euery the agreements, stipulations, conditions and
couenants set forth in said note and this mortgage or either. ln ihe event the mortgagor fails to poy when
due any tax, assess?nent, insurnnee ~remium or other sum of money payal~le by virtue of safi! note uncl this
mortgage, or either, the mortgugce may pay the some, without iiaiuing or offecting the. option to foreclose
or any other right hereunder, and oll sucli payments s1~aU Gear interest from date thereof at t)~e hi~hest law-
fui rate then albued by the laws of the State of Florida.
, ~f any sum of money herein r%rred to be not promptly Jxiic! ecithin days next after -
ihe same l~ecomes due, or if each ancl every the agreements, stipulations, corulitions and t;onenants of said
note arul this mortgoge, or either, are not fuUy performed, com~lied uith and abided by, then !he entire
sum mentionecl in said note, and this ~nortgage, or the entire l~alance unpaid thereon, shaU forthwith or
thereafter, at the option of tl+e »tortgagee, become nnd be due and payaGle, onything in said note or herein
to the contrary notu;itl~staruling. Failure Gy the mortgogee to exercise an~ of t)~e rights or options herein
proualed shall not constitute a uaiver of any rights or options under snid note or this mortgage accrued or
thereafter accruing.
~n ~~0`~ ihe said mortgagor has hereunto sibned and senled these presents the
day and year first aliooe ~critten.
Signed aled and d livered in .~he presence of: ~
~~e ~~C/-~-~r-~~ ~ i!~---------------------------------------------- ~
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~ SCATE OF FI.ORIDA,
COUNTY OF St. Lucie
~ I HEREBY CERTIFI' that on this day, before me, an
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o~cer duly aut}x~rized in the State aforesaid and in the County aforesaid to take acknow•leclgmentt, personally appeamd
Richard M. Albert and Patricia Albert
to nx• k~M~~~ n to Ix~ th~• ~x~ru?n d~~sc•rilx•d in an~l ~c}H~ i•~iY•uti•d tfH• forr~*oinK ia.tn~nn•nt ancl they :ic•k~w~vleclgcd
I~eforc ux thit they ~•~~~•nti~l thc .:~u~~•.
~YIT\F:tiS my h:uxl v~d of~icial u•:d in the~ ('~~nnh• :md Stat~~ la~t af~~n•sa;d th?c LSt day of
June 73
NOTAR1l ?UdIK STAfE O~ FiOR~DA AT UROf
MY COMMISSION f7lP~RES AOR• ~t• 19T7
lOND THRU GENERAL 1 URANCE UNDER1MR11ER~
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