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HomeMy WebLinkAbout2860 and shall perform, comply with and abide 6y each and every the agreements, sttpubtioni, conditions and ' covena?tfs thereof, acid of this morfgape, then this mortgage and fits estate heroby crwated, shall cease, de- termine and be nuU and t'oid. BN~~ fhP mortgago? heroby (u?Iher eovenartls and agrees to pny promptly when due tits principal and inferes! and other sums of money provided for to said note and fh4 mortgage, or either; fo pay all and singular the faxes, aSSPSS?rtPnfJ, levies, liabilities, obligations, and encumbrances of every nattu•e on said pro- perly: fo permit, commit or strJJer no u+aste, Impairment or defe?iorntlon o/ said land or the improvements fhPrwr•n of any limp; fo Pep the buildings now or hPrPaf ter on said land fully insured in a. sum of not Ieu than in a company or Companies acc•Pptable fo fhP mortgagee, the policy or policies to be held by, and poyable to, said morttagPP, acid in the event any sum of money 6ernmes payable 6y virtue of such insurance the mortgagPP shall have the right to rt•t-eivP a?td apply the same to the indebtedness hereby secured, accounting to the morfgt+gor for any surplus; fo pay all costs, charges, and expenses, including lawyers (Pee and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply u+illt the ugreemenfs, sfiptrlaftons, conditions and covenants of said note and (his mortgage, or Pilher: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covPna?tIs set forth to said note and this mortgage or either. In the et?ent the mortgagor fails to pay when due arty tax, assessment, insurance premium or other st+m of money payable 6y virtue of said note and this mortgage, or either, fhP mortgagPP may pay the same, without wniving or of Jetting the option to jorecbse or any other right hereunder, and all such payments shall bear interest from dale thereof at the htghest law- ful rote then allowed by the faros of the State of Florida. I ~l any sum of monev hernin re(Prred fo be not promptly pnid within thirty (30) days next offer. the same 6ecomrs clop, or if each and et'ery 1hP agreements, stipulations, conditions and covenants of snid note a?td this morlgactP, or either, are not fully performed, Complied with and abided 6y, then the entire sum menfionet! i?t said note, acid this mortgage, or the entire balance unpaid thereon, shall forthwith or 1herPaJter, of the opfio?t of t1?P mortgat~eP. become and bP drrP and payable, anything in said note or herein fo the conlrnry nofu,ithslondirtr~. Failt+rP l,y the mortgagee to exercise any of the rights or opttort: herein proral(nI shall not constitute n waiver of any rights or options under said note or Ihis mortgage accrued or thereafter ar•r-ruintt. i ` ~n ~~tneSS ~~CeOf, the said mortttaryor Irns hereunto siynPd anti sealed these presents fhP ~ day and year first al,oce u•ritfen. ~ . Sind. se ed +d elir'eretl " t tt a precrnc-e of I. - V-~-- - - . ~~Ep S-• iJ. C HANK - G~ . r ~ - i STATE OF FLORIDA, Cc)c•~'rY c~F ST. LUCIE 1 HEREBY CERTIFY that un this day, before me, an Ottlf Pr dulg au?horirrd in the State aforesaid and in the County aforesaid to take acknowledgments, pcnonally appeared CEPHUS W. CRUIGKSHANK, a single adult j to mr known to tx• the prrson described in and who executed the iorrgoinq instrument and he =acknowledged z ~ trcfor~• me that he executed tht same. rye. N'I'f~ESS my hand and official seal in rho County and State last atorcsaid this ~ day of Juge A. D. 19 79 ~_-!7 C~ ~ g ~ t ' ~ ~?9 .1'': 19 ~ , ~ G ntorNttr tiuttc n~>>f a n~afQA wt t,uot '.a " t~ t sL[`J Ar+i i?: ~ Uv::: u ~ MKSION AlK'. 1~ 110= ~ r' ST.Ll1LiE ~t):lt.iY.Ft.:+. ~~~lK IP6. IR~EttWRitfRS c;;': ,R f~oG[~ PciTi?a5 ~ L~ 4484 ~ k • ~ • ~ soaK~ ~~2858 - ~ t llru Inslrnntcttl prrpntz~l by: ~ tiles ~ ANITA M. LO PRESTI • _ 3 Olyrnp'c Tits b Atys:rac+ C:-~=-,~, ,r~ _ ~ i Adrlmst ~ ' --^hct?ee itoie. Fort Piero, Fbtfe• 33460 n • necessary inadent to ;hc tc,it :.c::ent of oo•ditiotts wafabad M 0 Z11H i Insurance commitment iswed br ;t ' s _ -