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HomeMy WebLinkAbout2867 - r _ _ _ - _ _ t and shall perform, rnmply u~tlh and abide by each and every the agreements, stipulationi, conditions • and covenants thereof, and of this mo?tgape, then this mortgage and fps estate hereby created, shnU cows, de- fermfnenand be null and twtd. T1~ the mortgagor heraby further covenants and agrees fo pay promptly when due the principal and irtteresf and other sums of money provided jor in said note and Ihts mortgage, or either; fo pay all and singular the !axes, wsesamenfs, levies, liabilities, obligations, and encumbronces of every nature on said pro- perly: fo permit. commit or strjjer no wrote, impairment or deterioration of said land or the tmprovemertts thereon at any lime; to beep the buildings now or hereafter on said land fully insured in a sum of not Ieu than highest insurable value in a rnmpany or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event any sum of mon,-y becomes payable by virtue of such insurance the mortgagee spoil have the right !o receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor jor any surpltu: to pay all rnsfs, charges, and expenses, inclttdtng lawyer's Jess and title searches, reasonably incurred or paid by the mortgagee because of the jailtu~e of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditions and cvvenants of said note and this mortgage, or either; !o perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurnnce premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to /oreclose • or any other right hereunder, and all such payments shall bear interest from dale thereof n! the highest Iaw- jul rnte then allowed by the Laws of the State of Florida. ~f any sum of money herein referred fo be not promptly paid within ten days next after the same bPCOrnPS due, or ij each and every the agreements, stiptrlafions, conditions and covenants of -said note and this mortgage, or either, are not fully perjotmed, complied with and abided by, then the entire sum mentioned in said note, 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 nottuithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not consfihrte a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n witness thereof, the said mortgagor has hereunto signed and sealed these presents the day and year firs! abODP turitfen. Signed, sealed and delivered in the presence Qj: Daniel E. Bartelme - 'ktti± ~1L - I~ I. R STATE OF FLORIDA, ) COL'\TY OF ST. LIICIE i I HEREBY CERTIFY that nn this day, before me. an ' officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~ DANIEL E. BARTELME, a single adult, r i to me known to he the person described in and who executed the foregoing instrument and he ackrwwled_ -r before me that he executed the same. *s~ f •r' ~~'I.1•\ESS my hand and official seal in the County and Stat~• last aforesaid this Zbt~ J` 'r~~t'• ~%Js , June A. D. 19 78 , 9 _ . '~c r;- - Notary Public ' cs- ~ - }Z. 33 State of Florida at Large; =r~;;h- ' 1919 .JU?; -1~ t _ > - My collunission expires: 8/~U/.`/~.`. ~••:i~t' ' u _ ~~~QAH PO ~ASA , • {j~C ~0~•CO RECORO VIIt1FlE'~ 44~5Ei'7 "~Q"~ ESgU re, pf FeG, Koblegard & Teel, P.A. P Q Box 1000 !lN_c In~/mm~n~ pr~pnn r! by: Ft~tR Pierce, Florida 33450 s s ;',~`>~_u ° a 309 2864 /i 60~'si P1G1