HomeMy WebLinkAbout1475 and shall perform, comply with and abkle by each and every the agreerttents, sfipulotioni. conditions and
covenants thereof, and of this mwtgarre, then this mortgage and the e:tats hereby c?enfed, shall cease, de-
fe?mine and be null and twirl.
T1111~ the mortgagor hereby further covenants and agrees to pay promptly when due the prinNpal and
interest and other sums of money proutded jor in said note and thii mortgage, or either; to pay all and
singular the fares, assessments, levies. Iiabilifies, obltgntions, and encumbrances of every nattue on said pro-
perty: to permit. commit or stiffer no wade. impairment or detertorofton of said land or the improvement
thereon at any time; to keep the buildings now or hereafter on said land /ully inatued in a sum of not less
than lull InsasabU Yillw
in n company ar companies acceptable to the mortgagee, the policy or policies to be held by, and poyable
to, said mortgagee, and in the event any stun of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedneu hereby secured. aeeottnting
to the mortgagor jor. any surplus: to pay all costs, charges, and expenses, including lawyer i Jess and title
searches. reasonably incurred or paid by the mortgagee because of the jailtu+e of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and eovenanta of said note and this mortgage.
or either; to perform, rnmply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth to said note and this mortgage or either.. In the event the mortgagor fait to pay when
due any tax, assessment. insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, wlthottt waiving or ajjecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Iaw-
f ul rote then allowed by the Iaurs of the State of Florida.
arty strm o/ money herein referred to be not promptly paid within 15 days next after
the same becomes due, or ij each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully performed, 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, a! the option of the mortgagee, become and be due and payable, anything in said note or herein
to the controry notu~ifhsfanding. Failure by the mortgagee fo exercise any of the rights or optfo?u herein
provided shall not constiltrte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itnesS whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first abo1~P tt~riflen.
Sign ,sealed and delirered i the presence oj: ~_--7
• ---tile - a it. - .f..
.
s-- - -
I
STATE OF FLORIDA,
COli1'TY OF St. Erects
I HEREBI' CERTIFY that on this day, beiorc me. an
ofiiccr duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personalty appeared
Richard N. NoMerd and Linda HoMeucd, his Mitt,
to me known to be the persons described in and who executed the foregoing instrument and they acknowledged
treforr me that thisy executed the same.
N I7~1lESS my hand and official seal in the County and State last aforesaid this ~ 1 day of
f
f ~ ~ A. D. 1979
~,~~s~~ru:,
~y~; , ~
456'76
i -----~a'Y---Atbl r Z~r~o.
.
Cotlraiesion '
i
1919 AUG 29 PK _2~ O7 ~r . A,m:~ _
' I~
E 1:: ~
ifLEO ANO P.ECOROt:O ' m`
ST LUCIE COUNTY.fLA. iiotarY Rttblic. State of Florida at ~ >r ~ ~
jiOCsER POITRAS My Commissipn ~ pins Jan. 8.
I CLERK CIRCUIT COQ%r~~ , ~ ~
i ~ ~ RECORO YERIf i~~. L}. ,
r
E
{
~ Tlrts hulnan~u~ prcpnrr-d by: l~N~
E Arlrlms a~~~~