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HomeMy WebLinkAbout2237 and shall perform, c-amply with and abide by ench and every the agreements, stipulations, conditions and covenants thereof. artd of this mortgage, then this mortgage and the estate hereby created, shall cease, de- te?mine and be null and void. Ie~ IhP mortgagor hereby further covenants and agrees fo pay promptly when due the prlncipol and I?rternst ,and outer sums of money provided for in said note and this mortgage, or either; fo pay all and singular the tnCPS, assessments, levies, liabilities, o6ligatio»s: and enc[,mbronces of every nature on said pro- perfy; fo permit, commit or st[f ter rto urasfe, impairment or deterioration of said land or the improvements thernc?t at arty finte; to beep fife buildings Hour or hernaffer ort said land fully insured in a sum of not less thnn FULL. INSUREAHLE VALUE . in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mort{tagee, artd in the event arty sum of money beco?nes payable by virl[,e of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title searches, rnasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully ronrply «ritlt tl,e agreemerts, stipulations, conditions and covenants of said note and this morfgnge, or either: to perform. comply with and abide by each anti every the agreements, stipulations, conditions and covenanls set forth in said note and this morfgnge or either. 1n the event the mortgagor (ails to pay when due any tux, assessment, insuraru-e premium or other sum of money payable 6y virlue of said note and this mortgage, or either, the mortryngee may pay the same, without waiving or affecting the option fo foreclose or any other right hen•uncler, and all such payments shall bear interest from date thereof at the highest hzw- (ul rate then allowed 6y the laws of the S1a1P of 1'larida. lr` any sum of money hernin referred to 6e not promptly paid within Thirty(3o~ days Hex! n/ter the same becomes due, or if earn and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either. ore no! fully perfornted, complied with and abided by, then the entire sum mentioned in said Hate, and Ibis mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at t?te option of the mortgagee, become and be due and payable, anything in said note or herein to the rontrary notu•tfhslanding. 1'ailurn by the mortgagee to exercise any of the rights or options herein provided shall not censfilufe a waiver of any rights or options under said Hate or this morfgnge accrued or ihernaher accruing. ~n ~ttneSS whereof, fhr said mo?tgagar has hrrnunto signed and sealed these presents the day and year first shore u•rillen. Signe~ scaled and ~Irlicered in the presence of : t _ - ~~•r /i.~ ~t,... .Cwt. ~ •-,ir•C'~'i - .'"L;.i>~"~-~I'~... ~ NANCY ~BL,ACK 4 f E S'I~:~l•E OF FLt1RIi):~, - to 1E ~'rv t ?e ST. LUCIE 1 ; I fiERE61' CERTIFl' that on this day, before me, an ~ officer rlnh authonied in fhr Statr aforesaid and in the County aton•said to take acknowled¢ments, personally appeared NANCY C. BLACK a married adult Ur m.• known to tx• ;h.• tx•rson descril,rd in and who raeruted fhr fote¢oin¢ instrument and Sale acknowledged ~ ~ I~r(un :ne that Stlt3 rKecutrd the same. I f•~'1"1 \ESS rnv hand and o(licial sral in the ('ounty and State last aforesaid this 15th day of I October, n. 19 79. i ~ f Notary Public ~ I try Commission Expires: - - I NOTARY?Uil1C Sts!!' L!J~tiDa f./?RGt ° ~ MY COdMAtSS10~ EXYtRES ,t'R • 1981 ~ ~ ltnNaEh TFIRU ~NERaI ~`r~ U*JpElWtt~E?` ~ ~ •tr rt r . ~ P.OG~R PClTf'4~ - - ' ~ •/lira /rcc/nnnrrd Irrrlrarr•~l Gy: ARIF PARUPIA lj,.. - ~ _~r.Y s9~~ s ~ u. ? ~ oK 3~8 E ~3i ~i. ~ t a~~;~r PSG