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HomeMy WebLinkAbout2010 and shall perform, comply with and abide 6y each and every the agreements, stipulationi, conditions and co?renanfs thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, ds- termine and be null and void. ~n~ the mortgagor hertrby further covenants and agrees to pay promptly when due the prtncipnl and interest and other sums of mo?tey provided Jor in said note and Ihis mortgage, or either; fo pay all and singular the fares, assessme?tts, leutes, liabilities, obligations, and encumbrances of every nature on said pro- perty; to permit, commit or st?f ter rto waste, impairment or deterioration of said land or the improvements lherecn of any time; fo {reep the buildings note or hereafter on said land fully insured in a sum of not lest than NIL In n company or comps?ties acrnplable to the mortgagee, 1{te policy or policies to be held 6y, a?td payable fo, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insuronce the mortgagee shall pane the righ! to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any s?rrpltrs; to pay all rnsts, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly and tally comply urifh the agreements, stipulations, conditions and covenants of said note and this mortgage, or either: fo perform, comply urifh and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pny when due any far, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- ful mte `1hPn allowed by the laws of the $tafe of Florida. ~l any sttm of mo?tPy herei?t re~erred fo be not promptly paid within (30) thirty days next after the same berUmeS dt?e, or if each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said ?tote, 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 to said note or herein to the contrary notu~ifhstanding. Failure 6y the mortgagee fo exercise any of the rights or options herein provided shall not constihrte a .waiver of any rights or options under said note or this mortgage accrued o? thereafter accruing. ~n ~I~eSS ~het~of, t/te said mortgagor has hereunto signed and sealed these presents the day and year fief atone tvriften. tgned, sealed and delivered ' r the presence of : ~p ~ ~ I . - n Larsen v~~ - ~ - , trcia n " ~ , i E ~ STATE OF FLORIDA, CO[J~TY OF St Lucie I HEREBY CERTIFY that on this day, before me, an r oi(icer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared Byron Larsen and Patricia Larsen, his wife to me known to be the person 8 described in and who executed the torcgoin~ instrument and Who acknowledged before me that they executed the same. ~i, ~~'I7:\ESS my hand and official seal in the County and ate last aforesaid this ~ (mac , day of ~ ~ A" n. 19 79 t NOT s _ oatnission expires: x I ` ~ V'J, = (979 I~a~r i t P~ ~ 2~ ' ~ FILED ANC FECfikUf U ST.LUCIE COUtITY.F A. 3UU 2O s-~ r~.~ " ROGER POITRA~ ~ Ifirtliu{ruNreid prrpnrcd byc~Rx CfRCVIT cou 2 ~ ,IGE l0 RECORD VERIFtE~! Atli/itss x 4~~1'71 r r 1 - ~ - - _ a'