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HomeMy WebLinkAbout2214 and shall perform, comply with and abide by each and every the ogreements, stipulations, eondlttons and covenants fhe?eoj, and of lhts mortgage, then this mortgage and the estate heroby created, shall cease, de- lermine artd be null and void. ~fl~ the mortgagor pert+by further rnvertanfs and agrees fo pay promptly when dw the principal and interest and othe? sums o/ money provided /or in said note and this mortgage, or either: to pay all and singular the loxes, assessments, levies, liabilities, obllgattons, and encum6nances of every nature on sntd pro- perty; to permit, commit or suj/er no wade, impairment or deterioration o/ :aid Land or the tmprovemenfs fherecn of any time; to tepee the buildings now or hereafter on said land fully insured to a sum of not less than In n company or rnmpanies acceptable to the mortgagee, the policy or policies to be held 6y, and payable fo, said mortgagee. and fn the event any stun of money becomes payable by virtue of atach tnstuance the mortgagee shall have the right fo receive and apply the same !o the indebtedneu hereby secured, aceounttng to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer i fees and title searches, reasonably tnctrrred or paid by the mortgagee because o/ the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and rnvenant of said note and fht mortgage, or either; to pe?jorm, comply with and abide by each and every the agreement, atipulatio?u, rnndifio?u and covenants 'set forth in -said note and this mortgage or either. In the event the mortgagor /nlla to pay when due any tax, assessment, insurance premium or other sum o/ money payable by virtue o/ said Hole and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to %reclose or any other right hereunder, and all such payments shall bear Interest from date therroj nt the highest law- f ul mfe then allowed by the laws of the State of Florida. any sum of money herein referred to 6e not promptly paid within days next after the same becomes due, or ij each and every the agreements. stipulations. conditions and covenants of said note and This mortgage, or either, are not fully performed, compiled with and abided 6y, 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 the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notu~ithslanding. Failtrre by the mortgagee to exercise any of the rights or options herein provided shall not corrslittrfe n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~ttfleSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above «•rilfen. Sf a sea and in din the presence of ~.y~ y Joh Laurentowski - 4 ~ STATE OF FLORIDA, COL'A1TY OP St. Lucie I HEREBY CERTIFY that on this day, before me, an officer duly authorizrd in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared ~ John Laurentowski 6 to me known to be the person described in and who executed the foregoing instrument and }1e acknowledged c ~ lxforc me that ]1e executed the same. N'I'1'N/ESS my hand and official seal in the County and State last aforesaid this day of e . / - - - r ~ NOTAF~PUBLIC - N' ~„c . _ 4424 2 - • " ~ - = My commission expires., . _o - ~ _ 9 a~ . , ^ lfpllth ttIALJC STA1~ t~ A1(' 7~" ~ X101 Ali IX'l. ~ { ~ ~d~0 iMlU GEs.'fRel 1N1S ~~1A?Rlt ~ ~R~7~E2214 l7~u h uu~n rt ,rr-r! hy: SOOK ArlJm ~ ~ ~ Title to subject p~oaP~tY has not S rr ~ 12'~ ~ ~ ~ been examined by the scrivener. fc~ sera, Flolid~