HomeMy WebLinkAbout2627 and shall perform, comply wish a/ul abide 6y each and every the agroemsntt, sdpulpltons, corldttlons and
covenants thrtreof. and of this morfgaAg, Then this mortgage and fhg estate herby created. shall cease, de- _
terming A/ld b! nllll and ibid.
flip mortgagor hereby further covertanfs and agrvyi to pay promptly when dw. the p?Incipol and
interest and other slims of money provided for fn said note and fhb moNgage. or eflher: to pay all and
• singular the taxes, assessment, levies, Iiabllilles, obltgaftoru, and encumbrnnees.oj every rlattu+e on said pro-
per~y: fo perrrttt. commit or suffer no waste, impairment or defertoration of sold land or the improwmsnt -
thertren at arty lime; to Iseep the buildings now or hereafter on said land /ally Insured in a surh of not less
than highest insurable value
in a company or companies acceptable to the mortgagee. the policy or policies to 6e held by, and payable
to, sold mortgagee, and in the event any stun of money becomes payable by viNw of such insurance the
moNgagee shall haw the. right to recetw and apply the same to llte indebtedness hereby secured, accounting
to the mortgagor for any surplus: to poy n1I cost, charges, and expenses. including lawyer i fees and tttb -
searches, reasoltably Incurred or paid by the mortgagee because of the tailor of the mortgagor to promptly
and fully comply wish the agreements, stipulations, conditions and covenants of said note and thb mortgage.
or either; to perform, rnmply -with and abide 6y ench and every the agrgemrrtt. stipubtions. conditions and
covenants set f
orfh to sold Hole and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, instuance premium or other sum of money payable by vtrtw of said note and thb
mortgage, or either. the mortgagee mny pay the same. without waiving or affecting the option to forrclwt
or any other right hereunder, and all such payments shall bear Interest from date thereof at the highest Iaw• -
f ul rate then allowed by the laws of the State of Florida.
any sum of money herein referred !0 6e not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, stipulations, eonditioni and eot?eltant of said
note and this mortgage, or eUher, are not /oily performed, rnmplted with artd abided 6y, then the enttro -
sum mentioned in said note, and fhb mortgage, or the entire balance unpaid thereon, shall forthwith or
thereof
ter, at the option of the mortgagee, become and 6e due and payable, anything to said Holt or herein -
to the rnnfrary notu.tthstandillg. Failure 6y the mortgagee to exercisa any of the rights or options herein
provided shall not consfift/te a u~airer of arty rights or options under-said note or flits mortgage accrued or
Iherpa(ter accruing. - -
~n ~~u1eSS ~~CtOf, the said mortgagor line hereunto signed and sealed these presents the-
dny and year tint above written.
S red. sealed and delivered in the presence of
- - - J. PARIS C
- - .--DOROTHY~~ NFL P
j -
~ _
STATE OF FLORIDA,
couNTY .nF ST. LUCIE
I HEREBY CERTIFY that on this day, be[ore roe, an
officer duly authorized in the State aforesaid and in the County aGxesaid to take acknowledgments, personally appeared
REGINALD J. PARADIS and DOROTHY M. PARADIS, his wife,
to me known to be the persons described in and who executed the [ongoinS ilutrument aad who acknowledged
Ix[orc me that theq executed the same.
WITNESS my hand and o[[icial seal in the County and State last aforesaid thu 21st - day ~
pebruarY A. D. 19 79.
a nu,,,,, ,
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-
F; f ~ - NOTARY PUBLIC
- K u, ~ .
MY COMMISSION EXPIRES:
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• 17iu lnslrunrcnt pnrparrd by:.
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