HomeMy WebLinkAbout1316 and shall pe~f
orm, -c~nmply with and abide 6y each and every the agreement, afipulaflons, condlttoni and
covenants Ihereoj, and o/ tht mortgage. then !ht mortgage and the estate hsroby created, shall cease, de-
termine and 6e null and troid.
the mortgagor hen?by further rnvennnts and agrees to pay promptly when dw 1he principal and
interest and other sums of money provided jor to said note and this mortgage, or etcher; to pay all and
singular the tares. assessments, levies. liabilities. obligations, and encumbr+anees of every nature on said pro-
perfp; to permit, commit or stiffer no wrote. impairment or deteNoration of said land or the improvement
therrcn a1 any time; to-keep-the buildings now or her+pajter on said land /oily insured in a sum of not less
than N/A
in a company or companies acceptable !o the mortgagee, the policy or policies to be held 6y, and payable
to, said moNgagee, and in the event any sum of money becomes payable by virtue of such inaur+artce the
mortgagee shall have the right to receive and' apply the same to the indebtedness hereby secured, accounting
~ tt? the mortgagor jor any surplus; ro pay all cost, charges, and expenses. including lawyer's fees and title
~ searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly _
and jolly comply with the agreements, sttpulatioru, conditions and covenants of said note and this mortgage.
or either: to perform, comply with and abide 6y each and every the agreements. stipulations, conditions and
covenants set forth in said note and -this mortgage or either. /n the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money~paya6le 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right ~eretrnder, and all such payments shall bear interest from date thereof nt the highest law-
juI mte `then allowed by the lours of the State of Florida.
' - any sum of money herein .referred to 6e not promptly paid within 15 days next after
the same becomes due, or i j each and every the agreements, stipulations. rnnditions and covenant of said
note aKd this mortgage. or either, are not jolly performed, complied with and abided 6y, then the entire
sum mentioned in said note. and this mortgage, or the entire balance unpaid thereon, shall foNhwith or
thereafter. at the option of the mortgagee, become and 6e due and payable, anything in said note or herein -
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
providet~ shall not constitute a u+aiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n thereof, cite said mortgagor has hereunto signed and sealed these presents the
day and year lust nbor~P a+ritlPn. -
Sig11P ; sealed a/ld dPI~+PrPd i1i the prnsPnce Of: -
~ ~ ~ t
. ~ HE NZ NICOLAI
-WALTRAUD NICOLAI ,i
i
STATE OF ~e l l~QnY
COL"VTY ()F ~~y r o~.tl ~ ~ 9 ~ _
/ I HEREBY CERTIFY that on this dayrbdore me, an
officer duly authorised in the State aforesaid and in .the County aforesaid to take acknowledgments, personally appeared
HEINZ NICOLAI ~ WALTRAUD NICOLAI, his wife
to me lnown to be the person described in and who executed the (oregoilgq instrument and theyacknowkd~ed
before me that they executed the same. - ~ 3
~1'I7~IVESS my hand and official seal in the County and State last aforesaid this ~ 18 day of
.S@~t@IDb@Y` A. D. 19 79. 3
s
i
~I NOTARY P L '
_ l3' MY C~IlriI ON EXPIRES:
4 ~
i~t
~ - i
i
'a~~ l~~ -
Thu I,utnr„rnN ptrpmrd by: LINDA SANDERSON ,(.K~~~ QAGE~~1~ !
BJ~K
;1r/r/a_cs CHELSEA TITLE it GUARANTY COI~ANY
_ 8000 S. U. S. 1, Port St. Lucie, FL. 33452