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HomeMy WebLinkAbout2774 and shall pe?form, comply with and abide 6y each and every the ogreements. stipulations, conditions and covenants thereof, and of this mo?tgagv, then Ihia mortgage and the state hereby c?eated, shall cease, de- termine and bs null and void. the mortgagor hen+by further covenants and ogress to pay promptly when dw the principal and interest and othe? sums of money provided for in raid note and Ihis mortgage, or either: to pay all and singular the taxes, assessments, levies,. Iiabtlittes, obligations, and encumbrances of every anion on aald pro- perly: fo permit, rnmmit or suffer no waste, impairment or deterioration of said Land or the improvements thereon at any time; eo peep the buildings now or hereafter on said land fully insured to a sum of not less than $50,000.00 in fire and windstorm insuraoCpeoltcies eo 6e held 6y, and payabb in a company or companies acceptable to the mortgagee, the policy to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee :hall have the right to receive and apply the same to the indebtedness hereby secured, aceounttrtg to the mortgagor for any surplus: to p_ ay all costs. charges, and expenses, including lawyer i fees and f isle searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and f ally comply with the agreements, stipulations, conditionu and covenants of said note and this mortgage. or either; to perform, comply with and abide 6y.each•and every the ngnements, stipulations, conditions and covenants set forth in said note and Chia mortgage or either. In the event the mortgagor fait to pay 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 pay the tame, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from dote thereof at the highest law- ful rate then allowed by the laws of the State of Florida. any sum of money herein referred t0 be not promptly paid within days next after I the same becomes dtte, or if each and every the agreements, stipulations. rnnditions and covenants of said note and this mortgage. or either, are not fully performed. complied with •nnd abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or (hereafter, at the option of the mortgagee. become and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~itntSS whereof, the said mortgagor has hereunto signed and sealed these pres the day and year first above written. ~ ~ Signed, sealed a elirered in the presence of e STATE OF FLORIDA, COUVTY OF St.Lucie I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared D.J.Tzimenatos and Sophie S. Tzimenatos, his wife to me known to be the person S described .in and who executed the foregoing instrument and they acknowledged before me that they executed the same. ~ 1 ..r"' at. ~VITtiESS my hand and official seal in the County and State last aforesaid this ~~1t1- . - April A. D. 197 j , c 1~. ~ ~ r. .7,~,, - ~•j . 7~ , , . ~ ~ ,FiicD AND U l(,~ ~ `(a; _ t`i ~ ~ U~J is ~a. Nissan ~Wi~~ ~'~'t~',~~' h ~r~~~ My ~mrtttsston 6GD'1t+s~~AZ4~ ~ ` . ~ s gaud thru Jedw ~~;~~r• T9 APR 16 PM l 2. f2 ~~F.L~ ~T %ir l~u~nimr?r~ t,~,/ h F . A .Harris P fN y~ 410 Orange Avneue U R ~r -~'%/nom Fort Pierce, Florida 9QGK~ PACEi2/ ~ ; ~ ~ - - - _ x ~ _