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HomeMy WebLinkAbout2134 and shall perform, comply with artd abide 6y each and every the agreements, stipulafioris, conditions and covenants thereof. and of this morlgape, then this mortgage and the estate hereby created, shall cease, de- termine and 6e null and void. the mortgagor hen+by f urlher covenants and agrees to pay promptly when due the principal and interns! and other sums of money provided for to said note and fhb mortgage, or either; to pay all and singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every nnitue on said pro- perty; to permit. commit or suf jer no waste, impairment or deterioration of said land or the improvements _ lherrcn at arty time: to beep the buildings now or hereafter on said land fully insured to a sum of not less titan highest insurable value thereof tn a contparty or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable to, said mortgagee. and in t{te event arty sum of money becomes payable 6y virtue of such tnsu?+artce the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any strrpltts: to pay all rnsts, cha?ges, and expenses, including lawyer's fees and title searches. reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply u~ilh the agreements, stipulations, conditions and rnvenants of said note and !hb mortgage, or ei!{ter; to perform, comply 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 mils to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or eil{ter, 1lte mortgagee may pny the snme, without urniving or of fecfing the option fo foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- f ul rate then allotver{ by the laws of the State of Florida. any sum of money {terein referred to be not promptly paid within thirty days next after the same becomes titre. or if each and every the agreements. stipulations. conditions and covenants of sold note and this mortgage. or either, are not fully performed, complied with and abided 6y, 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 by due and payable, anything in said note or herein to the contrary notu~it{tslanding. Failure by the mortgagee to exercise any of the rights or options herein provic{ed s{tall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accnrinry. ~tt ~tttltSS thereof, t{te said mortgagor Itns ~ierntrnto sictned and sealed these presents the ~ day anr{ year lint above a+ritlrn. ~ /f~ ~ Signed. sealed and delivered ~ the p . ~sence of : ~ i~~'~~''~ f' c~ ' I R. C. Baliton ~~ati... ~ - - - . - . ~ ~ ~ ~~Lourdes Baliton r ~ j - - - . - - - ~ i E t i ST4TE OF FLORIDA, fi cOt.*~'TY OF ST. LUCIE I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State .aforesaid and in the County aforesaid to take acknowledgments, personally appeared R. C. BALITON and LOURDES BALITON, his wife, to m~- known to be the person $ described in and who executed the fore¢oing instrument and they acknowledged before me that they executed the same. ~ I \1'1'1::\ESS my hand and official seal in the County and State last aforesaid this - day of ~ June A. D. 19 79. v :a NOTARY BLIC, State of F rids t 1Q79 JI!'j I S AtS 3. ii 2 at La qe . ~ _ ,~y I~ My commission expires: fILEO kNCuJ TY flA. r• I ST IUCIE CPOITRA5 ¢ ROGER ~j CLERK CIRCUfT CO~~~"""`_- ~ ? ,I 448009 ~ . • t... !'his IJ/stnnlfltl prfp~rr,~r! l•y: { ,1 dJrr_cc aUGK 310 PAG; 2~,J~ ~ I ~ .