HomeMy WebLinkAbout2550 and shall perform, comply wish and abide 6y each and every the agreements. stipulations, conditions and
coverranfs thereof, aril of thts morlgape, then this mortgage and.ths estate hereby created, shall cease, de-
termine and be null and void.
find the mortgagor here+by further covenants and agrees to pay promptly when due the principal and
tnferes! and other sums of money proutded for in said note and this mortgage, or either; fo pay all and
st?tgular the lases, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; fo permit, commit or suffer no waste. Impairment or deterioration of said land or the improvements
fherrcn at any lime: to deep the brrlldirtgs Hour or hereafter on said land fully insured in a sum of not leas
than highest insurable value coy of t~e
in a company or companies acceptable to the mortgagee, the~po cy or' po Icies to 6e held 6y,~
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right fo recetne and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any sirrpCus: to pay all costs, charges, and expenses, including lawyer's fees and tttlo
searches, reasonably inrrrrred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply urith the agreements, stipulations, conditions and covenants of said note and this mortgage.
or eillrer; to perform, comply «rifle and abide by each and query the agreements, stipulations, conditions and
covenants set forth i?t said note and this mortgage or either. /n the event the mortgagor fails fo pay when
due any far, assessment, insurance premium or other sum o/ money payable by virtue of said note and this
mortgage, or either, the ntorlgagee may pay the same, tuithouf waiving or of
fecfing the option to foreclose
or an3 ~fh~ nglrt Irererrrr!er, uiifl all such NuyatenisCSituil bear iniprPSi jrom dale Thereof nt the highest law-
f rd rate `then allowed by the laws Of the State Of Flarlda.
~l any sum of money herein referred fo be not promptly paid within
30 day: next after
the same becomes due, or if each arrd [.very the agreements, stipulations, conditions and coverrnnls 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 !Iris mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e dtee and payable, anything in said note or herein
to the contrary nokvithstaraling. Failure 6y the mortgagee to exercise any of the rights or options herein
I provided shall not corrstittrte a waiver of any rights or options under said note or this mortgage accrued or
i thereafteer arrnrirrg.
~n witness whereof, t?re said mortgagor has Irernirnfo signed and sealed these presents the
day and year first above written.
Signed, sealed and delivered in the presence of
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Wit~~s ,~I , I - o R. Novotn
~f~z~%~~'- -Y~~~~~-~1-. - . - - --ice
Witness Veronica D. Novotny
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STATE OF FLORIDA,
~ CO(s\TY OF St. Lucie ~
I }IEREBY CERTIFY that on this day, before me, an
officer duh• authorized in the State aforesaid and in the County aforesaid to take acknowftdgmcnts, personally appeared
Milo R. Novotny and Veronica D. Novotny, his wife
~ to rn~• known to hr thr person g descrihrd in and who executed the (ore¢oinq instrumem end W}10 arknoyrled~ed
Ix(on• me that they executed the same.
~ \~'17'XESS my hand and official seal in th~• County and State last aforesaid this day of
c
^-~L :1. D. 19 7.9
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Notary Public
. ~ X919 QCI 19 P?': 2~ 1 L
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` ST. LUClF CU[~N i f I i:.C+d tt la.crcra rr. a c.so~ Cwy_-.,
ROGER PG17f?, S -
. ,n~ r'~~ ~ CLERK CIP.:.Ut1 C;:'.:`,j
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