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HomeMy WebLinkAbout1456 a?td shall perjarm, /'Omply u~ifh a?td abide 6t' each and every the agreements, sfipulaftoni, .conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termillP and Ile /II/ll and t~Old. 1RIN~ fhp mortgagor hen+6t' further covenants and agrees to pay promptly when due f{Ie principal and ittferesf and oflter st/ms of money provided for in said note and this mortgage, or either; fo pay all and singular the fares, assessmertls, levies, liabilities, obligations, and encumbronees of every nature on said pro- perty: fo permit, commit or stljjer ?to u~asfe, impairment or deterioration of said land or the improvements fhereert af• arty limp; to beep flee bt/ildings now or hernajter on said land fully insured in a sum of not lesa than the full insurable value in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6t', and payable to, said morfyacfee, and in the event arty sum of money becomes payable 6t' virtue of such insurance the mortgagee shall have the right to trceive and apply the same to the indebtedness hereby secured, accounting ' to the mortgagor jor any sttrpltls: fo pay all costs, charges, acid expenses, including lawyer's fees and title searches, reasonably irtct/rre/I or paid by the mortgagee because of the failtur of the mortgagor to promptly and jolly comply u~ifh the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; fo perform, comply with and abide by each and every the agreemertls, stipulations, conditions and covenants set Jorth in said note and this mortgage or either. In the event the mortgagor jails fo pay when dt.e arty tax, assessme?tt, insurance premit/m or other stem of money payable 6t' virtue of said note and this mortgage, or either, the mortgagee may pay the some, without waiving or affecting the option fo foreclose or any oflter right hereunder, and all such payments shall bear interest from date thereof at the highest haw- (ul rate `then allowed by the tau>s of the State of Florida. ~l arty sum of mortPy herein referred fo 1>e not promptly paid u>ithin days next after the some becomes dtle, or ij 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 6t', then the entire sum mentioned in said mote, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter. at the option of the mortgagee, become. and be due and payable, anything in said note or herein to the contrary notu/ifhstanding. Failure 6t' the mortgagee to exercise any of the rights or options herein provide?1 shall not constitute a tuniver o) any rights or options under said note or this mortgage accrued or thereafter alrnting. i i n ~ltneSS ~heCeOf, the said mortgagor hoc herepnto signed and sealed these presents the day and year first abov.> u~rilten. j , igned, s ed and d 1 red in the prnsence of i X es A. o Liner - - - - - -R-.. - - Patricia A. Bollmer ® ; , STATE OF FLORIDA, cO~1'TY OF St. Lucie I IiEREBY CERTIFY that on this day, before mt, an officer dulg authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared James A. & Patricia A. Bollmer to m.• known to he the person S described in and who executed the foregoing instrument and they acknowledged Ix~for,• me that they executed the same. ' i N"[7 tiESS my hand and official seal in thr County and State last aforesaid this c~.3rd day o[ May ? A. D. 19 ~ - w ` N` tart'---Pu'~lic---------------------------------------------- ' State of Florida at Large I ~ My commission expire: -~e_ ' i • Guy R. Bruns. Esq, % • ~ t I'lrit Irulnnnfirl prrpltrri/ ht': 5,1?te zOg, Citizens Federal Bldg, ~,//liru 8410 S. Federal Hwy, U R Port St. Lucie, Fla. 33452 ~QK~ P1~fi~~r ' ~ K - ~ w