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HomeMy WebLinkAbout1801 and shall perform, comply with and abide 6y each and et?ery the agreements, stipulations. conditions and covenants thereof, artd of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and troid. the mortgagor hereby f urthe? covenants and agrees to pay promptly when dt:e the principal and interest and other sums of rto?tey provided for in said note and this mortgage, or either; to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbtYtrtcea of every nattu+e on said pro- pe?!y: to permit, commit ~r suffer no waste. impairment or deterioration of said land or tke improvements the?ecn at any lime: to keep the buildings now or hereafter on said land fully insured to a sum of not lea - fhan the full insurable value - irt a rnmpany or companies acceptable to the mortgagee, the policy or policies to lie held 6y, and payable to, said mortgagee, and in the event any sum of money beeomea payable 6y virtue of each insurance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting to-the mortgagor for any surplus: to pay all costs, chnrgea, and expenses. including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee 6ecauae of the jailu?+e -oj the mortgagor to promptly and fully comply urith the agreements, stipulations, conditions and rnvenants of said note and this mortgage. _ or either: to perform, comply with and abide by each and every the ngreements, stipulations, conditions and rnvena?tts set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any-tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or eiflter. the mortgagee may pay the same, without wniving 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 trl rnte then allotverl by -the laws of the State of Florida. ~ _ " ~L arty sum of money herein referred to be not promptly paid within' days next after - the same becomes due, or fj each and every fke agreements, stipulations. conditions and eovenanta of said note and this mortgage, or either, are not f ally performed, ,complied with and abided 6y, then the entire _ sum mentioned in said Hole, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option o/ the mortgagee, become and 6e due and payable, anything fn said note or herein to the contrary nofu?rthsfanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall riot rnnslifrrte a waiver of any rights or options under said note~ or this mortgage acdued or thereafter accruing. . ~n witness whereof, the said mortgagor has hereunto signed and sealed these presents the _ day and year first above tnritten. - _ - Signed, sea and delivered the presence of : - ~ X i hard Me suer -a~f-.--- - - x------ - - - Ma E51 Messner STATE OF FLORIDA, couNTY= OF ST. LUCIE l-HEREBY CERTIFY that oa this day, before ttx, as officer duly authorized in the StatF-aforesaid and in the County aforesaid to take acknowledgments, personally appeared RICHARD M. MESSNER and MARY E. MESSNER, his wife to me known to be the person g described in and who executed the forepjoirtg instrument arui they acknowledsed IxTore me that theyexccuted the same. WITNESS my hand and official seal in the County and State last aforesaid this 24th day of September, A. D. l9 . r ?~otary Pubic State o~ "?or~ra at Large My coraraiss-~on ~:=zpires } :,cif f}~l}!!!'' ._i i . I - ,c. G R, Brunt, Es - 'iY ; s T/ru hulrunun~ pn?pinrrd by: uy q, " - . , _ Aclr~ms Suite 20S. Citizens Feder~;,Blti~'. ~ 8410 S. Fe'eral Hwy. ~ pg - - I Port St. Lucie. Fla. 33452 8Q[1R 3i 1 PA6E~ /.~7