HomeMy WebLinkAbout2150 and shall perform, comply with and abide 6y each and every the agreements, stipulations. conditions and
cawnartts thereof, and of this mortgage, then this mortgage and the estate herby created, shoU cease, de-
termine and 6e null and void.
the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either: to pay aU and
singular the taxes, asseuments, levies, liabilities, obligations, and encumbrances of every naltue on said pro-
perty: to petmif, commit or su(f
er no waste. impairment or deterioration of said land or the improvements
thereon nt any time: to beep the buildings now or hereafter on said land f uUy insured in a stun of not less
than highest insurable vallt~
in a rnmpnny or companies -acceptable fo the mortgagee. the policy or policies to bf held by, and payable
fo, said mortgagee. and in the event any stun of money becomes payable 6y vi?ttu of stub tnsuranw the
mortgagee shall haw the right to r+eceiw and apply the same to the indebtedness hereby secured, accounting
to the mortgagor far any sttrplw: to pry all ewb, charges. and expenses. tncltuling lawyer i fen and titb
searches. reasonably incur?ed or pntd 6y the mortgagee becntue of the fatlttre of the mortgagor to promptly I
and fully comply with the agreements. stipulations, eortdtttorts and covenants of soil note and thi, mortgage,
or either: to perform: comply with and abide by each and awry the ogreements. stipulations. conditions and
covenants set forth fn said note and this mortgage or either. In the event the matgagor.fnils to pry when
due any tax, assessment. insurance premium or other stun of money payable 6y virtue of said note and this
mortgage. or either,. the mortgagee may pry the same, without waiving or affecting the optbn to foreclose
w any other nigh! hereunder, and aU 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.
~l any sum of money herein referred fo be not promptly paid within 30 days dap+ next niter
the-same becomes dice, or if each and every the agreements, :tipulations. rnndttions rend rnvenants of said
note and this mortgage, or either, are not fully performed. complied with ;and abided 6y, then fhs entire
sum mentioned in said note, and this mortgage, or the entir+s bnlartee unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, bernme and be due rend payable, anything in said note or herein
to the contrary notwithstanding. Fniltsre 6y the mortgagee to exercise any of the rights a options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrtted or
thereafter accruing.
~n ~itlteSS whereof, the said mortgagor has hereunto signed rend sealed these presents the
day and year tint above written.
Signed. sealed and delivered in the presence of
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J-~.~ - - ~ - -
D - LA
_ .
-
REG~A L . LATTNER
~ STATE OF FLORIDA '
COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this day. before me, an
officer duly authorised in the State aforesaid and in the County aforesaid to take ackrwwkdaments, personally appeared
RICHARD D. LATTNER and REGINA L. LATTNER, his wife
to mr known to be the penot~ described in and who executed the foregoing instrument and they ackrwwkdsed
before me that they a:csuted the same.
WITNESS my hand and official seal in the County and State last aforesaid this ~ day of
~ ~ March, A. D. 19 79.
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