HomeMy WebLinkAbout2734 a?td shall perform, comply u~i1h artd abide by each and everyy the agreements, stipulation:, co?tdifions and
covenants thereof, and of this morfgape, Then Ihis mortgage and the estate hereby created, shall cease, d~-
le?mine and he null and vuicl.
flle mortgagor Merl>by further covenants artd agrees to pay promptly when due the principal and
irtleresl artd other sums of mo?IC•y provided for in said note and this mortgage, or either; to pay all and
singular the fares, assessme111s, letftes, liabilities, obligations, and encumbrances of every Walrus on said pro-
perty: to permit, commit or suffer r1o u•asle, intpairmertl or deleriorotilin of said land or the improvemenfa
Iherecn al mty lime: fo keep the buildings pouf ar herraffer on said land fully insured in a sum of not lea
than N/A -
in a coml/any or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said moHgagee, and in the evrnf any sum of money becomes payable by virtue of such insurance the
mortgagee shall have flte riglll to receive artd apply the same to the indebtedness hereby secured, accounting
to IhP mortgagor for arty surplus; to pay all costs, charges, and expenses, including lawyer's fees and title
sPQMhes, rPasortal/Iy i1lctlrrpd or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: to perform, comply ufit/l arld abide 6y each and every the agreements, stipulations, conditions and
COOPrIallt3 set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any fax, assessmwll, insurance premium or other sum of money payable 6y virtue of said Hole and this
mortgage, or eilller, Ills mortgagee may pay the same, without ufaiving or affecting the option fo foreclose
or any other right hereunder, and all- such payments shall bear interest from date thereof at the highest law-
ful rate then allowed by t/1e taus of the State of Florida.
lL any sum of munPV IlPrein referred to be not promptly paid within thl.~t}~ (~~days next otter
the same becomes due, or i f each and every the agreements, stipulations, conditions and covenants of said
note and this morfryage. or Pilher, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, artd this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, al the opliorl of ills mortgagee, bPCOMP artd 6e due and payable, anything in said note or herein
to the contrary nofu•ifltslanding. Failure by the mortgagee fo exercise any of the rights or options herein
providcKl shall not constitute a waiver of any rights or optimis under said note or Ihis mortgage accrued or
thereafter aCCf11i/1g•
` ~fl ~lttleSS thereof, 111,> said n1o?Ig:lglfr leas Ilerellnlo signed and sealed [hese presents the
day afl/l year (IrSt a1f01*e 11•rltlPll.
SIg/led. Sealed and dPI/1'PMd UI tIIP rPSI'nc
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€ STATE OF FLO~~++R~~ID. ~ I
~ COUNTY OF tJ~" . ~LLC~.LQJ
I HEREBY CERTIFY that on this day, before me, an.
5 officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
~ JOSF.Pii RLIM~D and CAid~LA RIMS, his wife
to mo known to t,e the persons described in and who executed the foregoing instrument and they acktwwkdged
Ix•fom me that they executed the same. ~ J
Ne',L,TIESS mp hand and official seal in the County and State last aforesaid this ~4 day of
~Til A. D. 19~ -
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FII.EQ`Ayp RECORD~b?
~~~~~ii ~ I''~1 ~SSlOR ~lYeS
9 11d ~ srAQ llORlal1 Al taaE
- ~ _ _ , ~MAMI~ION t~lttt~ AR. ~ Mftl
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CLERK Ci~~Uli flflLR7
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!ln.~ L[s/ni~ncli~ prcPnrflf by: L. Lafferty ~
11l/~/a:a I.a~yers Title Ins . Corp . ~ R
So. t.I. S. ~ lf4l>x ~7 P~27~3
- ~ Port St. Lucie, Fla. 33452