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HomeMy WebLinkAbout2383 a?td shall perform, rontply u~itlt a?td abide by Pack a?td Pt~Pry tlye. agreements, sttpulatio?is, conditions and covencutls thereof. and of Ihis mortgage, then this mortgage and the estate htireby created, shall cease, de- lermine and hP rudl and ooid. - ~nd IItP mortgagor hereby further covertar?Is and agrees to pay promptly when due the principal and irtten>sl acid oilier sums of mo?tey provided /or to said note and this mortgage, or either: to pay all and singular fhP fares, assessmP?ils, levies, IlabililiP:, obligations. and encumbrances of every nature on said pro- perly: to perntil. commit or st?(jer ?to urasfP, impai?me?tl or deleriorofion of said land or the improvements lher?a~n of a?ty limp; to keep the buildings nou> or hen>a(ter on said land fully Insured to a sum of not .less than highest insurable value. in a company or comps?ties acceptable Io fhP mortgagee, the policy or policies to 6e held 6y, and payable to. said mortgagee, a?td in IhP Pvertf any sum of money becomes payable by virtue of stint Insurance the mortgagee shall have the right fo recPil~P and apply the same to the indebtedness hereby secured, accounting to the mortgagor (or any st?rpltts: to pay all costs, charges, and expenses, including lawyer's jees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor !o promptly and jolly comply u+ith the agreeme?tts, stipulations, conditions acid cot~enanta of said note and lht: mortgage, or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and cove?ta?tls set forth in said note and this mortgage or either. In the event the mortgagor jails fo pay when due any tar, assessment. insurance premium or other sum of money pnyab[e 6y virtue of said note and this - mortgage, or either, the mortgagee may pay fhP same, without wniving or affecting the option to foreclose or any other right her.>under, and all such payments shall bear interest from date thereof at the highest law- (lll tale then allU!?~Ml 1)V fhP lA1?>S Of IhP $Ia1P of F'Iorida. 7` any sum of money herein ?e(PrrPd to be not promptly paid within ten days next ajte? the same becomes due, or i( each and e1~Pry IhP agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not jolly per(omted, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter. at the option of file mortgac?Pe, becr:me and be due and payable, anything in said note or herein to the contrary nofu~ifhslandi?tg. 1'ailtrrn 6y the mortgagee to exercise any of the rights or options herein = prodded shall not consfihlle a Wainer of any rights or options tinder said note or this mortgage accrued or thereafter accruing. - ~n ~itneSS ~hft~enf, Ille Sald morfgacfor Ilns hereunto signed and sealed these presents the • day and year f irsf above tvriflPn. ~~r~d~~al~d ~ALLPOONeMORTGAGEe?tANDf~ E FINAL PAYMENT OR THE BALANCE DUE UPON MATURITY IS $17 , 792.89 , TOCETHFR - WITH.-A,CCRUEQ--.ZN.TEREST-,® IF~-AYi'Y-;-~-ANO~~~?L'I.- ADVP?NCEMENTS -MAD AY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE. - - - . Si~ne~ -sea - and elive=ed in presence of : - ' - ~L IAM A. LLINS wit ss - . - - .G~~,L,d- _ . ILDRED D . ---MALLINS w mess ' j STATE C)F FLORIDA, CUC~TY OF St. Lucie I HEREBY CERTIFY that on this day, before me, an officer dole authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared William A. Mallins and Mildred D. Mallina, his wife to m.• known to tx the prrsolg described in and who executed the foregoing instrument and Who acknowkdRed I?efore- me that ley executed the same. L ~ N'I"I tiESS my hand and official sea! in the Count}- and State last aforesaid this ~ i,v daY ~ - March A. D. 19 79 - • - NO~ARY PtiBLIC ~ ~ commission expires : . crC`~~..r- I ~ - ' 43666 7~ ~ T/iu Ji~s~rrr?ir~~r~ prrparr~l by: ~ i11/ilrru BOGit W~ P~t;~ r - ~<.x -