HomeMy WebLinkAbout1649 and shall perform, comply with and abide by each and every the agreements, sttpulatio?is. conditto?t: and
covenants thereof, a?td of this mprtgape, then this mortgage and the estate hereby created; shall cease. de-
termine and be null and void.
the mortgagor hereby further covenants and agrees !o pay promptly when due the principal and
tnterea! and other sums of money prodded for in said Hole and this mortgage, or either; to pay all and
singular the loxes, assessments, levies, liabilities, obllgafio?u, and encumbrances of every nature on said pro-
perly: fo permit. commit or suffer no wosle, impairment or deterIorafton of said land or the improvements
thereon at any lime; to keep the buildings now or herea/ter on said land fully instu+ed to a sum of not less
than highest insurable value.
in a company or companies acceptable to the mortgagee, the policy or policies fo be held 6y, and payable
!o, said mortgagee, and in the event any sum of money becomes payable 6y virtue of ouch insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor Jor any st?rpltts: to pay all costs, charges, and expenses, including lawyer's fees and fills
searches, reasonably inct?rred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
w either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covensrtts set forth in said note and this mortgage or either. /n the event the mortgagor jails to pay when
due any tat;, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or eiflter, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida.
any sum of money herein relerred to 6e not promptly paid within days next after
thirty
the same becomes due, or iJ each and every the agreements, stipulations. conditions and covenants of said
Hole and this mortgage, or either, are not (ally per/ormed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid !hereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything iri said note or herein
~ to the contrary notwithstanding. Failure by the mortgagee to exercpise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereof ter acrn?irtg. .
~n ~`k11~ ~he~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above u~ritfen.
Signed, sealed and delivered in the presence oJ: /
i
-..n.,...o~' ~~Y~w---~-------------------
STATE OF FLORIDA.
co~•~TY c~F 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, personatiy appeared ~ -
Robert D. O'Brien and Jane H. O'Arienr his wife
~ to me known to be the person's described in and who executed the foregoing instrument and Who acknowledged
'i before me that they executed the same.
{4ITNESS ,ny hand and official seat in the County and State last aforesaid this C~~~~ day of
' August A. D. 19 79.
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CLERK CIRCUIT COUIIT c~
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