HomeMy WebLinkAbout1417 . , ~
and shnU J~erjorm. comply ~citl~ und ul~ide by r~~cl~ und cc~•n~ tlir u~rcc~?~cnts. stiJn~latio?u. con~litioru and ~
couenonts thereo/, a?ul o/ this mort~;u~;e, then this ~norlhu~e und d~r. esfutc 1+creh~~ created, s)ia?1 cease, de- ~
termine and be null a?u1 coid.
~ the mortga~or l+ereby further coue?wnts a~ul a~;recs to ~x~y prom~~Ny u,1~en due t1~e pri~~ci~xel a~ui
interest nnd other sums o/ n~oncy proutcled for in said rwte urul /l~is »~ort~;age, or eid~er; to }wy aU a~ul
singuiar the tnxes, assessments, leuies, lial~ilities, obli~atio?~.s, and enc~unbru?ices of euery ~wture on suu) Nrop-
erty; io permit. commit or suQer no u:aste, itnNuirment os deterioration o~ suid land or the improue»~ents
d~ereon at an~ time; to keep the buil~lin~;s noic or hereu~ter on saui land full~ i?~rured in a su?n of ~wt less
than Eiahty Seven Thousand Seven Hundred Forty Two and 84/100------
in a company or com~xrnies acceptable to t1~e mortga~ee, the policy or J~olicies to be hel~1 l~y, anct ?wyable
to, said mortgagee, and in the ecent any sYUn o/ money l,eco?nes ~wynble G~ uirfue of sucli i?uurance the
mortgagee shaU hae~e the ri~;1~t to receive and appl y the same ta the indebtecbiess I~ereGy sea~red, accounting
to tlie rnortgagol /or ant/ se~r'~lus; to ~w~/ all cosis, chur~;es, a?ul exper~.ses, includin~ laic~~er's fees antl title
searches, reasonably incurred or }wid by the mort~;a~;ee becouse of Nee failure of the mortgngor to promptly
and fully comNly ~cith the crgreements, stipulatioi~s, conclitio~u nnd covenunts af saul rwte anrt tl~is mortgage,
or eiNier; to perform. co?1~ply ~~id~ and abide by cach and ecen~ N~e ogreerne?~ts, strpulations, conditio~u and
c~enonts set fortli in sau~ note a~ul tliis mortga~;e or eitl?er. In tlie euent the mort~;agor fails to jx~y icl~en
due an~ tax, assessment, insurance premium or otl~er sum of money payable by virtue of said ?wte arul ihis
mortgage, or either, the ~riortgagee mv~~ ~wy the same, u~tho~d icaiuin~; or aBecti~ig the option to foreclose
or any other ri~let hereunder, a~ul all such ~xiyments sl~all bear interest from clate Niereof at the hi~hest la~c-
ful rate t1~en allo~~ed Gy ihe lauws of t1~e State of Fjoricla.
any sum of money l~erein re~e?red to be not prom>>Ny ~wul ~cithin 3V da~s next after
the same l~ecomes due, or if each and eoer~ the agreements, stipulatio~u; co~ulitions and covenants of said
note and N~is mortgage, or eitl~er, are not ferU1 {~er/ormed, complierl icith urut al~idetl btJ, then the entire
sum mentioried in said note, and this n~ort~age, or tlie entire I,alunce ~ml~aul t)~ereon, shall forth~citi~ or
thereafter, at die option of tl~e mortgogee, become anc! ~e due arul J~ai~al~le, ai~~hing in saul note or herein
~ to tlic contran/ not~cithstaruling. Fnilure Gy the mort~a~;ee to exercise any oj t1~e ri~;lits or options l~erein
prouuleci sliall not constitute a uaiver of any rights or optio~u uruter said note or tliis mortgage accnied or -
thereafter aceruing.
~n ~~Of ~ the saicl mortga~;or l~as l~ereunto si~;?ied and sealed tliese p~esenis tlie
ilay ancl i/ear first above ~rritten.
Si ned sealecl and de u recl ' i the ~~?esenee of:
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~ STATE OF FLORIDA, ~
COU1~'I'~ OF St. I,L1Cle
~ I tiEREBY CERTIFY that on this da)•. befare me. an
ofGcer duly autM~riud in the Staie afnmsaid and in the County a(oresaid to iake acknow•leclgments, personally appeared
C. A.. Van der Lugt and Judith Van der Lugt, his wife
y :u•k~r~..~leclKecl
tu nH• k~~i~cn tn la• tM~ }H•r.amS d~~u•rilx•d in an~l ~cIM~ ~•~i'cut~~d dn• fun•~uiuti in.tn~ux•nt aud the
iN~(un• n~t~ tl~:?t they ~•~iY~~it~•d ih~• .a~n~~.
13th ~~~v ~f
~~'IT\1':titi iu} h.uxl anil ~dfici.d ~•:~l in th~• Cuuni~ :+n~l tit:?ti• l:ut :tf~~r~•>:u~l thi~
January 75
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