HomeMy WebLinkAbout0048 and aholl perform. comply wlfh and abide 6y each and every .the. agreements, stlpulatlona, onndltioru and
cuvtnanta thereof. and of lha mortgage. then thla morl~gaoe and the aisle hereby orated, shall crave. de-
termine end 6e null and void.
the mortgagor hereby ju?ther cownartb and agrra to pay promptly when dw the prlrtcipal and
Irtterrsl and other sums of money provided for to cold not. and this mortgage. or either: fo pay oU and
singular the faxes. assesmenta, hula. linbilitta, obltgationa, and encumbrances o/ awry nature on avid pro-
perty: fo permit. commit or suf
ter no u~aate. impairment or deferiorotion of said land or the ~ improvement
thereon at any time: fo lee~ep the 6WWirtgs now or hereafter on said la?td IuUy insured in a sum of not lea
than highest insurable value
In a compaay a rnmpanie acceptable to the mortgagee, the policy or polide to 6e held 6y, and payable
to, said mortgagee. and to the event any sum of money become payable 6y vlrtw bf such insurance the
mortgagee shall have the right to rrceive and apply the same to the indebtedness herby aecrwd, accounting
to the mortgagor. for any surplus: to prey nU cosh. charge. and expenses. Including lawyer's fees end eitb
searclta, reasonably incurred or paid 6y the nwrfgogee because of the failurr of the mortgagor to promptly
and /ully comply with the agreements. stipulations. conditions .and covenant of sold nob and lhl, mortgage.
or etcher: fo perform. comply with and abide 6y each and every the agreement, sttpulatioru, condttioru and
covenants set forth in said note and ehta mortgage or either. In the event the mortgagor /ails to pay when
dw any tax. assessment, tnsurn?tcr premium or other :um of money payable 6y virlw of said note and thta-
mortgage, or either. the mortgagee may pay the same. without waiving or nllading the option to foreclose
or any other right hereunder, and all such payments shall bear tnterest /rom date thereof at the highest law- -
ful rats then allowed 6y the laws of the State o/ Florida.
~l any sum of money herein referred to be not promptly paid within 30 days next otter
the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully performed. wmplted with and abided 6y, then the entire
sum mentioned in said note. and this mortgage, or the entire balance unpaid thereon. shall forthwith or
theren/tar, at the option of the mortgagee. become and be due and Paynble• anything in said note or herrtn
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the righa or opNoro herein
provided shall not constitute n wntver of any rights or options under said note or this mortgage accrued .or
thereafter accruing. -
~A ~ltlltSS ~IIeCtOf, the said mortgagor has hereunto signed and sealed these presents the
day rend-year first above written.
Signed, sealed and delivered in the presence of
~ ,
- N. Y~CHAL ~ - t~
STATE OF FLORIDA,
COUNTY OF ST. LUCIE I HEREBY CERTIFY that on this day. bdore me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments. personally appeared
CHARLES PASCHAL and CYNTHIA N. PASCHAL, his wife,
o to me known to be the person S descn'bed in and who executed the foregoing imtrument and who acknowledged i.
f+ ~ before me that they executed .the same.
~ ~ '~ap of
~ WITNESS my hand and official seal in the County and State last aforesaid this 15th
Or 1
December A. D. 19 78.
i
- - - ~ NOTARY PUBLIC
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