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HomeMy WebLinkAbout0580 • and shall perform, comply with and abide by each and eaery the bg`r~eittinfs, :tlifulationi, catdttlons and eotananb tlts?~eo/. and of fhb mortgage. flten fltit mortgage and the estate lterabr created. dwU crass. de- btmtne and be null and void. the mortgagor hereby further covenanb and agues to pay prompty? when due the principal and interest and outer sums of -mousy provided for trt said note and this mwfgagt., a either; io pay all and aingttlar the faxes. aueuments, levies. liabilities. obligations. and encuntbrartees of every nattw on said pro- perty: to permit. commit or suffer no waste, impairment or detertoratfon of Bald land or the tmprauement: tkerecn at any etrtts: to keep the buildings now or hereof ter on said land f uUy truured in a sum of not less than the full insurable value in a company or companies acceptable to fire mortgagee, the policy or policies to be held by, and payable to, said mortg~ee. and in the event any sum of money bec~otrtes ~,ayabb by virtue bf suck insurance the mortgagee shaU-haw the right to nceiw turd apply the scone to the indebtedness hereby-second. atx~ounting to the mttrfgagor for any surplus: to pay aU costs. chaeges, and expenses, tncludtreg lawyer i fees and title searches, reasonably incurred or paid by the mortgagee because of the jallun of the mortgagor to prompt turd fully comply wick fire agreements. stipulations, conditions and covenants of sttfd note and tk4 mortgage. or either: tt~. perform. comply wick and abide by sack and every the agrdwn*nb, stipulations, oortdlttoro turd covenants set forth in said note and this mortgage or either. In the event fife mortgagor jails !o pay when due any tax, assessment, fruurance premium or otkar stun of money payable by virtue of sold note and this. mortgt~e, or either, the mortgagee may pay the same. without waiving, or aj/ecttreg tk. opfiori t~: jor~s~cloee or any other right hereunder, and aU such paymenb :hall bear tnter+est from date ther+so/ at the kt~kest latu- f ul cote then albwt~~ by the laws of the State of Florida. any sum of money herein referred to be not promptly paid u,ithl?tthirty(30)days ,nexR oftp the same becomes due, or if such and every the agreements. stipulations. conditions and covenants of said note and this mortgage. or either, are ?to! fuUy performed, complied with and abided by, then the entire stun mentioned in said note. and tl~ts mortgages or the entiro balartcs unpaid thereon. skaU jwehwitk or thereafter, at the option of the mttrtgngee, become and be due and payable, anything fn said note or kttretrt to fire contrary notwttlt:tandfng. Failure by the- mortgagee fo exer+cise any of the -rights or opttoits herein provided shall not constUute a waiver of any _rights or options under said note or this mortgage accrued or i thereof ter accruing. " ~n ~1b1eSS ~hi~ri~of, the said mortgagor has hereunto signed and sealed these presents the day- and year /first above written.. _ _ _ Signed s algid and de t•ered i the press ce oJ: i S~'ATE OF FLORIDA, COUNTY OF ! ST. LUCIE I HEREBY CERTIFY that oft this oar. before me, an officer duly authorized in the State a[oresaid and in the County sdt?trsaid to take acknowledgment, personally appeared FRANK J. CALLAHAN and ANNE CALLAHAN, his wife to me known to 6r the person g descn'bed in and who executed the foregoing instrument and they acktwwledged ' before me that they executed the same. WITNESS my band and official seal in the County and State last aforesaid this 6th day of , SeptembelcA. D. 19 79. -f {9T9 SEP I I PN IZ= 51 N tart' Public State of Florida at Large IL~o ~ o FECCRO~o ~R~~ Po~t1T~s~. My commission expires CLERK CIRCUR LOUR S L RECORO dEF.IFIEO '.",~srri,,,~~i~;,' _ . Thin I,ulrunant prepared by: Gay R, Bruns, Esq. • ~ ~ Su'ste 208. Citizens Federal Bldg. ' ~ . - - ~ Address , 8410 S. Federal Hwy. " • Port SL Lucie, Fla. 33452 ~3~s PEE VCi~J !