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HomeMy WebLinkAbout1492 and shall perform, comply with and abide 6y each and et+ery the agreementa, stipulatio?ia, rnndifions and cat+enants thereof, a?td of this morfgafte, then thia mortgage and the estate hereby created, shall cease, ds- 1PrmInP and 6e null and t+oid. T11~1! the mortgagor pert+by further cove»a?tts and agreea fo pay promptly when due the principal and interes! acid oilier sums of money provided jor to said note and fhfa mortgage, or either: fo pay all and singular the taXPS, assessme?tts, levies, liabilities, o6ltgations, and encumbrancea of every nature on said pro- pertp; fo permit, commit or stiffer no waste, impairment or deterioration of said land or the improvemenla thPrecn of any limp; fo Pep 1hP bUildinga pour or herna f ter o?t said Land fully insured in a sum of not less than NONE in a company or comps?ties acceptable fo Ilte mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, acid in'the et+ent any sum of money 6ernmea payable 6y virtue of such Insurance the mortgagee shall hat+P the right to receitre and apply the name fo the indebtedness hereby secured, accounting to the mortgagor jor any srtrplt?s: to pay all costs, charges, and expenses, including Iawyer~s fees and tills searches, reasonably incurred or paid 6y the mortgagee bemuse of the failure of the mortgagor fo promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. •or either: to perform, comply u+ith and abide by each and every the agreements, stipulations, conditions and cot+enartts set forth to said note and this mortgage or either. In the event the mortgagor jails fo pay when dtte any tax, assessment, instrrancP premium or other sum of money payable by virtue of said note and this mortgage, or eit{ter, the mortgagee may pay the snore, without u,aiutng or of feeling the option fo foreclose or any other right hereunder, and aII such payments shall bear interest from date thereof of the highest Iaw- jlll M1P tllPn allOttrerl hV flip laurs Oj the State of Florida. ~l arty sum of mortPy herein referred fo 6e not promptly paid within thirty days next after the same becomes dire, or iJ each and Peery the agreements, stipulations. conditions and couenants of said note and this mortgage, or either, are not 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 fhereajter, at the option of the mortgagee, become and 6P due and payable, anything in said note or herein to the contrary nofwifhslanding. Failurn by the mortgagee fo exercise any of the rights or options hertrin providPtl shall not constitute a waiver of any rights or options under said note or this mortgage accrued or fhernajlPr accruing. . Ilre said mortg:ryor Iros hernanto signed and sealed tbtetA eras s tl>~ ~n witness whereof, ~ ~ - clay nncl year (first n{rove a+rilfr+n. ~ Q t. SignPjl, sealed ar delivered in the presence of : `J r - _ - ~n. - JACO N- , IN • - .c-~.~•~.r. -E.r--~~-i--tea.......- ~BY: f i i STATE OF FLnRIDA, ~ I HEREBY CERTIFY that on this day, before me, an „ . t officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, j~trsonallli ;apptiared Z . y. ~ -TACOBSON-REA, INC. - y`:' to me known to be the person described in and who executed the torc¢oinQ instrument and h~ ~*c#_ bowlldBOt1~= before me that he executed the same. ~ ~ i ~YI7'tiESS my hand and o(iicial seal in the County and State last aforesaid this ;~ar- of ' . . - C` 1 ~ - r ~ ,919 t~r1Y 25 P!'I ~ 13 y/~ FIlEO ANQ E.ECOt~t~EO St.UlC1E000.~ Y.F``A. :v.'•~ c. ~ •ri< <tnrf ~.r r~;~o'Oa ~'QC~ ROGER POITt2A5 • . ~~,•.~+5~ t~v F~•. . ~ - CLERK CIP,CUIT CO~Q_._ E •J_lJ •-ka iN j , „ cR~ i - - 44S`76'7 - . I%is i'iu/nnttrnl pfrprtrt'r/ hy: LATiiYERS TITLE INSURANCE CORPORATION ' ,fir/,/n~« Cheryl S. Miller ~ R c~~~ P. 0. Box 3845 BJC><Jl.)9 PAl;E1~~ Fort Pierce, FLA 33450 - - _ _ _