HomeMy WebLinkAbout1896 and shall perform, comply wllh and abide 6y each and every the agreeementa, atipulations, rnndltions and
covenants thereof, and of fhia mortgage, then thta mortgage and the attate hereby created, shall cease, d~-
lermine and be+ null and void.
the mortgagor hen+by further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for to said note and this mortgage. or either.; to pay all and
singular Iht taxes, assessments. levies. ltabililles, obligations. and encumbrances of everyy ?eafure on said pro-
perly: fo permtf. commit or strf
ter no waste, impalrmenf or deteriorntfQn of sold !acrd or the improwmenb
lherecn of say time: fo beep the buildings now or hereafter on said land fully insured to a sum of not bu
than the full insurable value
in a company w rnmpantes acceptable fo the mortgagee. the policy or policies fo be held by. and payable
fo, said mortgagee, and in the event any cum of money becomes pnyabb by virtue of stub irtaeu+arice the
mortgagee shall have the -right to receive and apply the same fo 1he indebtedness hereby secured, aec~ounting
fo the mortgagor for any surplus; fo pay all costa, charges, and expenses, including lawyer i jets and title
searches, reasonably tnctrrred or paid by the mortgagee because of tf~e jailtu+e o/ the mortgagor to promptly
and /ully comply with the agreements, stipulations. eortdtfioru and covenants of sold note and thfs mortgage.
or either; to perform, comply with and abide by each and every the agreements, stipulations. eondiflons aced
rnuenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, tnsurarece premium or other aura of money payable 6y virtue of sold Hole and this
mortgage. or -either. the mortgagee may pay the same. without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall 6errir interest from date !hereof at the hlghe:f law-
. jut rate then allowed by the taus of the State of Florida. .
~ fifteen (15~
any sum of money herein referred to be not promptly paid within ays next offer
_ the same becomes due, or if each and every the agreements, stipulations. conditions and rnvenanfs of said
note and this mortgage, or either, are not jolly performed,' complied with and abided 6y. then the entire
slum mentioned in_ said note, aced this inoregage, or the entire 6alanc~e unpaid thereon, shall forthwith or
!hereafter. of rho option of the mortgagee, 6econie and 6e due and payable, anything in :old note or herein
fo the contrary notu~ifhstonding. Failure by the mortgagee to exer+L+ise any of the rights or options htretrt
provided shall not rnnsliltete a waiver of any rights or options under said note or this mortgage accrued or
ihereajter accruing.
~n witness thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first shore « ~riffen.
Signed, sealed and :delivered in the presences oj: _
_
/ ~ - x t;,~Q oG
~Ren o R. Al ld
sot A. Alcalde
.STATE OF FLORIDA, 2
COUNTY OF ST. LUCIE S
E I HEREBY CERTIFY that .on this day, before me, an
s
! officer duly authorized in the Sute aforesaid and in the County aforesaid to uke acknowledgmenu, personally appeared
Renato R. ~ Mirasol A. Alcalde
6
to me known to be the persons descr'bed in and who executed the foregoing instrument sad they acknowledged
~ lxforc me that they exccuted the same.
~ ~YI7NESS my hand aced official seal in thc. County and Sute last aforesaid this 31St day of
~ January,A. D. 19 79 ~ .
_
d
. Notary Public
s ~ ;,~Lp ;,ti^v RECORDED State of Florida at Large
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_ ~"•-'~4~`r'' My commission expi~~es
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