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HomeMy WebLinkAbout1976 ~ - - - - - - - - - - - - T and shall perform, rnmply with and abide 6y each and every the ngreemenfs, stipulationi, rnndittona and cotenants thereof, and of this mortgage, Then this mortgage and the estate hereby created, shall cease, d.- ts?mine and be null and timid. Ii~ the mortgagor hen+by further covenants and agrees to pay promptly when due the principal and interest and other Bunts of money provided for in said note and this mortgage, or either; to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty; to perntil, commit or suffer no waste, impnirment or deterioration of said land or the lmprovemenb thereon at any lime: to keep the buildings now or hereafter on said land fully instu~ed in a sum of not less than ail to a rnmpany or companies acceptable to the mortgagee, the policy or policies to Ire held by, and payable to, acid mortgagee, and in the event any stem of money becomes payn6le by virtue of such insurance the mortgage shall have the right to receive and apply -the same to the indebtedness hereby secured. accounting to the mortgagor for any sttrpltu; to pay all costs, charges, and expenses, including lawyer's jean and titb searches, reasonably incurred or paid 6y the mortgagee because 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 by each and every the ngreementa, stipulations, conditions and covenants set fortis in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, fnsttrance premium or other sum 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 jorecloas or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- f ul rate `then allowed by the laws of the State of Florida. ~t any Beim of money herein referred to 6e not promptly paid within 3O days next after the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, 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, nt the option of the mortgagee, bernme and 6e due and payable, anything in said note or herein to the contrary notwithstanding. /'allure 6y the mortgagee to exercise any of the .ights or options herein provided shall not constitute a waiver of any rights or options under said Hole or this mortgage accrued or fhereajter accruing. ~ `~,M~ ` n ~ul~ ~hPCeOf, the said mortgagor has hereunto signed and sealed these presents the day and year first above tnritfen. Signed/ruled and delitered in the presence oj: ~ ' Henr rumet ~ - -C~Gi~I ~ - - - - - - - - ~ - - - ---Frances rum { - - i ~ STATE OF FLORIDA, FLORIDA COUNTY OF - ~ - F f HEREBY CERTIFY that on this day. before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Henry A. Grulfiet and Frances Grumet to me kncwn to be the persong described in and who executed the foregoing instrument and they acknowkdsed . before me that t be y executed the same. f~ '1ESS my hand and official seal in the County and State last aforesaid thu day of +1~~1. A. D. 19 79 • ~ . 4(12880 - - Ii0?ARY PUn IC ~9i9 O~i I tom. _ ' l My cotf•ita<sioa empires : ~ ~ ~ Y ST.LUCIE CGJNTY.FI NpT~R`I ilAlK STATE of R0?10A AT V?Cx ~ .J ~ A ROGER P01TR~l•::~ Q~ ~ C,,_i;" ~w Co~t.M!SSION ExP+tES ?•+.av 2 19e0 ~ CLERK CtRtiL ~ ~ Jj ~ i~ ~!C - _ Tp T?1RU CiE!'JfRAL R7S . IJNDER1N~t'{!t - , • `O I7~u hrs/rran~n~ prc~prufd hy: n~~dm~ au~~r 318 ~acE 1970