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HomeMy WebLinkAbout2161 a?id shall perform, cornp:y urifh and abide by each and every lF.e agreements, stii+ulntioni, rnndittons and covenants Ihereoj, and of this mortttane, then this mortgage and the estate hereby created, shall cease, de- 4 termine and be null and void. i the mortgagor hereby further covenants and agrees to pay promptly when due the principal and i tnteresl artd other sums of money provided jor in acid note and this mortgage, w either; to pay all and singular the fares. assessments, levies, liabilities, obligations, turd encumbrances of every nnltue on said pro- perty: fo permit, commit or stsjfer no urasle, impairment or defertorotton of said land or the improvements Iherncrt of any time: IO deep the buildings nou• or hereafter on said land fully insured in a sum of not less than T'f jj,L INSpRpnj,E VAI,t1E . in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable to, said mortgagee, aid in the event any sum of money 6ernmes payable by virtue of such insurance the mortgagee shall have the right fo recteive and apply the same to the indebtedness hereby sectued, accounting to the mortgagor jor any surplus; to pay all rnsts, charges, and expenses, including lawyers jeer and tills searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and jolly comply urith the agreements, stipulations, conditions and covenants of said note and this mortgage. or either: to perform, rnmply with 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 /ails to pay when due any tax, assessment, insurance premium or other sum of money payab~ by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option fo foreclose or any other right hereunder, artd all such cp~ayments shall bear interest from date thereof nt lire highest laur- jUl rate `then nIIOIVed by the tears Oj the $fafe Of Florida. ~l any sum of mo?tey herein referred to be not promptly paid within teri (10) days next offer the same Isecomes due, or ij each and et>ery the agreements, stipulations, conditions and covenants of said note and this mortgage. or either, are rtof fully performed, complied 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. of the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary noturithstanding. Failure by the mortgagee to exercise any of the rights or options herein proridetl shall not constitute a uraiver o~ Any rights or options under said note or this mortgage accrued or fherea?ter accruing. A 6X penalty may be assessed to any payment past due 10 days at the wort a e``e option. ` ~n ~In~s ~~CtOf, Ilse said mortgagor has hernunto signed and sealed these presents the day earl veer /first abor,p written. Signed. sealed and delivered in the pmsr>nce oj: ~,~1,,~/ ~yy~ P TRICIA ANN SINETOS STATE OF FLt7RIDA, cc~~ \TY t1F ST. LUCIE • I HEREBY CERTIFY that on this day, before me, an officer doh authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared DANIEL SINETOS and PATRICIA ANN SINETOS, his wife € 1 ` to me known to tx the prrsonti described in and who executed the forcKoinq instrument and they acknowledged i S Ix•fom the that they executed the same. i ~~'11'1ESS my hand and official seal in the County and State last aforesaid this 11th day of t r May A. D. 1879 ;•r.>: • t. ;nom ~ . , S - • . t :1A't!~ ~tr,~i ~ r~ f>l.£D AkU FiGUicJcU ~ . _ ~ 7 2~~22~ ST.lC4tatTY.FIA. • - $T;.1~ ~ l CLERK CtRGA7 C AS ~ p ~ ~ ~ ~ ~ ~ . s This Instrument Prepared 8y1 This Iiu/niu?cn/ p>rprm~l by: R. David Shuman, Jr. cc~~~~p tq~ :1rlJnxt ~ LAWYERS TITLE INS. CGRP. ~OOr JUS PAGEiG,,is1 C 321 South 2nd Street Fort Pierce, Fla. 33450