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HomeMy WebLinkAbout1783 : and shall perform, comply tuith and abide by each and every the .agreements, stipulations, condittoru and covenants thereof. and of Ihis mortgutle, Ihert this mortgage and the estate here~iy created, shall cease, de- termine and be null and void. ~ilf~lf~ IhP morlgag:?r herrby further covenants and ag?ees !o pay promptly when due the principal and interns! and other sums of money provided for in said note and Ihis mortgage, or either; fo pay all and singular the fares, assessments, levies, ltabililies. obligations, and encumbrances of every nature on said pro- perly: to permit, commit or strf ter no waste, impairment or deteriomfion of said land or the tmprouemenls Iherecn of any lime; fo Ire.•p Ilte buildings now or herea ter on said la ully insttred in a sum of not less than ~V ~ _ ` in a company or companies acceptable to the mortgagee, the policy policies to be held by, and payable fo, said mortgagee, and in the event any sum of money becomes pays ~Ie by virtue of such insttronce the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aceounttng to the mortgagor for any surplus; to pay all costs, charges, and expenses, Including lawyer i fees and title searches. reasonably incurred or Iwid by the mortgagee because of the failure of the mortgagor -to promptly and jolly comply wish the agreements, stipulations, conditions and covenants of sold note and Ihts mortgage, or either: to perform, comply u~ifh and abide by each and every the agreements, stipulations, conditions and covenants set forth in said rote and this mortgage or either. In the event the mortgagor foils to pay when due any lax, assessment, insurance premium or other sum of money payable by virtue of said Hole and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right heretrrtder, and all such payments shall bear interest from date thereof at the highest law- ful rate`ihen alloured by the lams of the State of Florida. Dl -any sum of money herein re(errpd to be not promptly paid within thirty days next offer the same .becomes due, or if each and every the agreements, stipulations, conditions and covenants of said note and Ihis mortgage, or eflher, are not jolly performed. complied with and abided by, then the entire sum menlio?ted in said Hole, and-Ihfs mortgage, or the entire .balance unpaid thereon, shall forthwith or Ihereajfer, at the option of the rriorlgagee, become and be due and payable, anything in said note or herein fo the contrary nofwifhslanding. /=allure by the mortgagee to exercise any of the rights or options herein prot•idecl shall not constitute a waiver of mry rights or options under said note or this mortgage accrued or lbereo)trr accruinry. ~n ~itnfSS thereof, the .nid mortgagor has hernunto signed and sealed these presents the day and year Iinf n{rone u•rifhn. igned, sealed mid delir•ered in the prns.•nce of " JAC ~2. STYZA _ - - ~k f - C f ~ STATE OF FLORIDA, COC\TV OF St. Lucie I HEREBY CERTIFY that on this day, before me, an offifer dul~• authorized in the State aforesaid and in the Count)• afon•said to take ~ackrwwledgments, personally appeared JACK R. STYZA to m~• known to f?c the person described in and who exefutrd the (oreRO~nq instrument and he acknowledged Ix•forc me that hE' executed the same. b'IT\ESS m~• hand and offifial seal in thr Counry• and State last aforesaid this 15th day of October D- I9 79. . . . , " Sta of Florida '}.~I~cge ~ ~~^s~v^ct _ _ f `-a ` ~ ~1~;~~~~ ~ • - , Y~ C.R. McDonald, Jr. ~IIIS h/J/lJJll/flll p/( f1r1fYY~ ~ry: 1600 South Federal Highway ~ ;1Jdi(xr Fort Pierce, Florida 33450