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HomeMy WebLinkAbout1675 and shall perform, comply u~ifh and abide by each and etrory the agreements. attpulatio?is, wndttions and - rnt+enant= thereof, and of this -mortgage, than this mo?fgage and the estate hereby created, shall cease, d~- termine and 6e null and rofd. end the mortgagor hen:by further covenants and agrees !o pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage. or either; to pay all and singular the !axes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty; fo permit, commit or sttjfer no u?aste. impairment or deterioration of said land or the improvements fherecn'at arty time; t0 1LPPp fhP buildings now or hereafter on said land fully insured in a sum of no!-less - rhan highest insurable valve in a company or `companies acceptable fo the mortgagee, the policy or policies to bg held 6y, and paynbb to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such tnsurnnce the mortgagee shall have the right to receive and apply the same to-the indebtedness hereby secured, aceotrrtting to the mortgagor for any. sttrpltrs: fu pay all costs, charges, and expenses. including lawyer's jres and title searches, reasonably incurred or paid 6y the mortgagee 6ecatue of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, 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. In the even! the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay fl[e snore, without waiving or affecting the option fo foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Iaw- (ul mte then allowed by the laws of the State of Florida. a?ty sum of money herein referred to be not promptly paid within 30 days next after the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of s4id note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum rrtenlfoned in said note, and this mortgage, or the enfine balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the confrory notwithstanding. Failure by -the mortgagee to exercise any of the rights or options herein provided shall not constiftrfe a u+ait+er of any rights or options under said note or thfs mortgage accrued or thereafter accruing. - ~n ~itneSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year firs! above u+rilfen. Signed, sealed and delivered in the presence of . . Lz FR~s • STATE OF FLORIDA. COU~+TY OF St. Lucie ~ - s I HEREBY CERTIFY that on this-day. before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmcnts+ personally appeared RUSSELL A. sOBCZAK and FRANCES SOBCZAK, his wife, to me known to be the prrsonS described in and who executed the [oregoinQ instrument and they acknowledged Ixfore me that they executed the same. - N'17;\ESS my band and official seal in the County and State last aforesaid this 27th day of September D. lg 79. _ ~s NOTARY PUBLIC ~3'9 -1 AN So ~~~~wi:i:fial:: ~ M~IrCMl.l~l ~1[.t11aE C01~'.1TY. FL a. MtrYty p1iMt; ~g ~ Awls N T'017RA5 . , ~gt(EIaCUl7 CC~t: ~Gt~ietl t~pIrMJYM1f„1~f ~t,UH NUri~~i l r_ 3J i _ t - 0.-t ~ c~`, ,.~I S 1»~rnnnc,~~rrpnrrd try: q~ ri,T c - 8[IQR~~ P~6F~6~