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HomeMy WebLinkAbout1808 - - a and shall perform. comply with and abide by each and every the agreements, sfipulnfloris. rnndittons and covenants thereof, and of this mortgage. then this mortgage and the estate hereby creased, shall cease. de- ; termine and 6e null ar:d troid. - IfINL fhp mortgagor hereby Juriher covenants and agrees to pay promptly w~ten due the principal and interest and other sums o/ money provided for in said note and this mortgage, or either; to pay all and singular the taxes. assessments, levies. IIabililies, obligations. and encumbrances of every native on said pro- perty: fo permit, commit or suffer no waste, impairment or deterioration of said land or the improvements thereon of any time: to peep the buildings now or herea f sec on said land fully insured -in n stun of not leu than highest insurable value - in ncompany or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event any sttm of money becomes payable by virtue of such inatuance the mortgagee shall have the right to ~eceiue and apply the same to the indebtedness hereby secured. accounting to the mortgagor for any surplus: to pay all rnsfs. charges, and expenses. including lawyer's -fees and title searches: reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully rnmply with the agreements, stipulations, conditions and covenants of said note and ibis mortgage. or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and rnuenants set forth in said note and this mortgage or either. /n the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other sttm of money payable by 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 hereunder, and all such payments shall bear interest from date thereof at the highest laau- fuI mte then allowed by the laws of the State of` Florida. ~l any sum of money herein referred to be not promptly paid within lr, days next niter the same becomes due. or iJ each and every the agreements, stipulations. rnnditions and covenants of said. - note and this mortgage, or either, are not fully perjornted. complied with and abided 6y. then the entire sum mentioned in said note, and this mortgage. or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. Dn ~~uleSS ~h~of,, the said mortgagor has hereunto signed and sealed these presents the day and year first above u~riffen. Signed, sealed and delive ed in the presence of w - rit n - - - p- - - ac - - - I II - _ STATE OF FLORIDA, cOr?tiTY OF St. Lucie II I HEREBY CERTIFY that on this day. before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acktwwkdgments. personally appeared EDWIN J. MINION and PAUL E. JACQUIN _ to me known to be the person described in and who executed the foregoing instrument and they acknowledged Ixfom me that they executed the same. 17;1iESS any hand and official seal in the County and State_ last aforesaid this 1St day oI Octobedr D. 19 79 Not ry Public,State of Florida at Large Not+ry ltiiic, State o1 Ronda at Lrgra . ter ~otaaissiofa Expies Shpt. 6.19x1 Y' F - t' ~ - 's - ~ f . J,...... i TJiu Iiulrrus~nl prrpvlyd by: Son L Bryttq, P ~x ~ ~ ao~K317 ~~E1805 Fort Piofce, Florida ,