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HomeMy WebLinkAbout2707 and shall perform, comply with and abide 6y each and every the agreements, sttpulatton's, condifioru and covertartts thereof, artd of this mortgage, then flits mortgage and the estate hereby created, shall cease, dn- lprmine and by null and void. ~nd the mortgagor hers>by further rnvertants and agrees fo pay promptly when due the principal and infernsl and after sums of money provided for in said note and this mortgage, or either, to pay all and singular the farpf, assessmt>rtfs, levies, liabtlilips, obligafiorts, and encumbrances of every naitue on said pro- perly; fo permit. commit or strf ter rto waste, impai?mprtt or deterioration o) said land or the tmprovemenis Iherncn of any limp: fo beep the buildings now or hernaffer on said land /idly insured in a sum of not less than highest insurable value in n company or companies acceplnblp to the mortgagee, the policy or policies to be held 6y, and payable to,`said mortgagee, and in flip event any sum of money becomes payable by virtue of such insurance' the mortgagee shall have the right to receive and apply flte same fo the indebtedness hereby secured, acrnuniing to flip mortgagor for any strrpltts; to pay all costs, charges, a?td expenses, including lawyers fees and title searches, reasonably incurred or paid by the mortgagee becatue of the failun+.of the mortgagor fo promptly and jolly comply with Ilte agrepmprtls, stipulations, conditions and rnvenants of said Hole and this mortgage, or either: to~pprform, comply with and abide 6y each and every the ngreements, stipulations, conditions and cot>ena?tts set forth in said note and this mortgage or either. /n the event the mortgagor jails to pay when due any ta.r. assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without wniving or affecting the option to foreclose or any other right ?ternundpr, and all such payments shall bear interest from date thereof at the highest lnw- jut rate Ihen nlloured by flip laws of flip Stale of Florida. ~l any sum of money hprnin rplerrpd to be not promptly paid within thirty days next after the same 1?ecomes due, or i( carp and evprV the agreements. stipulations. conditions and covenants of said note and this mortftayp, or either, are not fully performed, complied with and abided by. then the entire sum mentioned in said note, and this mortgage, or Ihp entire balance unpaid thereon, shall forthwith or fhereajlpr, of Ihp option of the mortgagee, become and 6p due and payable, anything in said note or herein to the contrary notu~ithslanrling. /=allure by I?rp mortgagee to exercise any of the rights or options herein procidrd shop not constitute a waiver of any rights or options under said note or this mortgage accrued or fhereaffer accruintt. ~n ~itneSS ~hfCeof, fire said mortgagor Iran hereunto si~lned and sealed these presents the <lav and vear first aboct> tr>riNen. Siyned. seined and ?elivercd in t presence r f~ ~ ~ILLIAM R. GI~NCKI t ~ HELEN L. GIELINCKI r 1 STATE OF FLORIDA, i cc)1'~'rY c)F ST. LUCIE l j I fiEREBY CERTIFY that on this day, before me, an oiiirer duk authorised in the State aforesaid and in the Count}• aforesaid to take acknowledgments, personally appeared ~ WILLIAM R. GIELINCKI and HELEN R. GIELINCKI, his wife j to me known to Ix• the prrson t3 descrit,ed in and who rzecuted the forcgoinq instrument and they acknowledged I helore me that they executed the lama j li"l"t \F.SS my hand and official seal in the Count}• and State last aforesaid this 1$th day of € I ' ~ June A_ D. 19 79. I N ary P tic - .3.J JJ. !9 t.tr VOIAt;I Jribl:'. Spa c :~f!LC~It!~A Al ~ARt.r~ 's MY CCIMMISSION Elt?IRES SfPI . 1? 1981 z f,__t Kx'tOEp ~r1RU t;,tr~rRAt INS u?vDFRwR+iERS t ST.LLC~~ C;,_;KTY.FLA. , _ E:OCitf3 f'GITR..S ~ CLERit Ch::Ui ~ C°'J ) I PCCC D . ,~;CTF. fj I _ 4 , ~ JOHN EDCA'2 SF:Efi~ARD ,.'~i !leis Irtsln~rnr•ir/ prrFrnrrl by: Attorney !'•a Lew , ~ f • f ~1 dd>zu P. O. Box , 3 2 (1 k n ~ Fort Pierce, Florida 33450 800K J~~ 205 ~ i