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HomeMy WebLinkAbout0516 • and shall perform, comply a>ifh anti abide 6y each and every the agreements, sfipulalioris, conditions and cm'enanls Ilwreof, and of this mortgadP, Ihen this mortgage and the estato hereby created, shall cease, de- trnaine and hP null and vnirl. Iln~ IhP mortgagor hurl>y further col'enanfs and agrees fo pay promptly when due the principnl and interest and other sums of money provided for in said note and this mo?tgnge, or either, to pay all and singular IhP lnxrs, assrssme?Its, levies, liabilities, obli(lations, and encumbronces of Peery nature on said pro- perty: to permit. commit or suffer rlo u'aslP, impairment or deterioration of said Iand or fife improvements fIIPn'1`II al a/1y linle: 10 Ir('rl, f11P 1,1111/11r1/1S ?10111 Or 11P?(•a(f/'? 0?1 Cal(I 1a11d (IIIIy IIISllred Irl a slim O( not IPSs titan N/A - in n conquuly or companies arc/q>fnble to fhP mortgagee, flee policy or policies fo be held by, and payable to, said mortgagee, and in fife event any sum of money becomes payable by virtue of such insurance the mortgagee shall harp the ?i~lhl to n>ceivP and apply the same to the indebtedness hereby secured, accounting fo Ilw morhlagor (or any surplus: to pay all costs, charges, and expenses, including Iawyer•s fees and title searches, reasonably incurred or paid 6y the mortgagee bPCa11sP of the (allure of the mortgagor to promptly and (idly comply with fhP agreements, stipulations, conditions and covenants of said note and this mortgage, o? PilllPr: to perform, cunlply ulith and abide by each and every IhP agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor (ails to pay when due any tax, assessment, insuranrn premium or other sum of money pnyablP by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without u/aiving or affecting the option to foreclose or any other ri~lllf hereunder, and all such payments shall bear interest from date thereof at f11P highest law- (ul rate Iherr allowed by the tales of tlw Staff of Florida. ~l any sum of munev herein rP(errnd to bP not promptly paid within 30 days next of ter the same becomes due, or i( each cold every the agreements, stipulations. conditions and covenants of said note and this mortgage. or either, are not fully performed, complied with and abided by. then the entire sum mentioned in said Hole, and this morlgagt•, or the entire balance unpaid thereon, shall forthwith or thereafter. of fhP option of the morkla(IeP, become and bP due and payable, anything in said note or herein fo the contrary rwfu>ilhslanding. /'allure by Ilw morf(latlee to ererrise any of the rights or options herein provitl/>/l shall not constitute n waiver n( any rights or options wider said Hole or this mortgage accrued or Iherea(ler accnling. ~ ~n witness whereof, 1111' Sal(1 mortgagor has IIPrP?1?110 slgrlPd (tlld Sealed IheSP presents the day and year lirsl shore u>rillrn. ~ ~ignerl, staled a/nd deliren>Il in the presence o(: • B NEu ~ _ PATRICIA L. NEU f ' f ~ ~ ST:\TE (1F FLORA):\, t C(1l-\Tl- (1FSt. Lucie 1 I HEREBY CF.R'IIFY that on this day, before me, an _ officer duk authuri~rd in the State aforesaid anti in the County aforesaid to take acknowledgments, ptrsorally apptatrd j BILLY G. NEU and PATRICIA L. NEU, his wife i f to n]e known to F«• th.• p~•rsr,n g described in and who rsecuted the fon•¢oin¢ instrument and they acknowltdgtd ~ ~ Ile(Ure nm that they rsrcuted the same. ~ ~ l~'I 1 \ESS ens- h.+nd and official sea) in the County and Stat~• last aforesaid this ~5 ~ day of 1 I`` h ~~}QyKbP~ D. 19 79. L ~i 4 ~ NOTARY PUBLIC ~ ( 1 v MY COMMISSIONi E$PIRES ~o~Etz I~oi ~ r !«i4a CIEF~tt Ci%~Ui. notary Publit. State,Q1.F s i My Cotnm~ssion.~l~pires Jalt. $;18Q3 , I ~ Stl~ • ~ ~I//.1 ~lli~l!/!ll(71~~1/7~1(J/f(~ ~1)': ''~•~r~n~.,.. 3i:~K318 ,