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HomeMy WebLinkAbout0539 and shall perform, comply urith and abi?le by each and every the ogreemenfs, slipulntioris, conditions and covenants IhereoJ, and of this mortgage, Ihen this mortgage and the estate hereby created, shall cease, de- termine and be WWII and void. Iin~ the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest and t,ther sums of money provided Jor in said .note and this mortgage, or eIfher; to pay all and singular Ilte foxes, assessntertts, levies, liabilities, obliffafions, and encumbrances of every nature on said pro- perty; fo permit. commit or suffer no waste, impairment or deterioration of said land. or the improvement: thereon at any time; to keep the buildings ?rou, or hereafter on said land fully insured in a sum of oat less than N/A _ in a company or companies acrnptable to the mortgagee, the policy or policies to be held by, and payable to, said morktagee, and in the event mty sum of money becomes payable by virltre o) such insurance the mortgagor shall have the right to receive and apply the same to the Indebtedness hereby secured, accounting to the mortgagor Jor any surplus; to pay all costs, charges, and expenses, inchtding lawyer's fees and title searches. reasonably incurred or paid by the mo?fgastee because of the failure of the mortgagor fo-promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either: fo perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In tl?e event the mortgagor Jails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or eillter, fltc> morf~factoe may pay the same, tuithotrt waiving or affecting the option to foreclose , or any other ridhf horeunder, arul all such payments shall bear interest Jrom date thereof at the highest law- f ul rate then alloured by the laws of the State of Florida. Dl any sum of money he>rein rr(erred fo be not promptly paid within 30 days next offer the same becomes due. or if each and every Iho agreements, stipulations, conditions and covenants of said note and this morlga~fe, or either, are not fully performed. complied with and abided 6y, then the entire sum mentioned in said mote, ar?rl this mortgage, or the entire. balance unpnid thereon, shall forthwith or thereafter, of the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary rtofurifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute awaiver of any rights or options under said note or this mortgage accrued or thereafter accnring. ~ ~n ~~tness thereof, the said mortgagor has Irerwtnlo signed and sealed these presents the clay ar:d tic•.zr ;irsi n6orc~ ii'Titffrl. TN THE EVENT THE PROPFRTv IiERET*? nFC rT~RTtn Tc enTn~ Tuu OBLIGATION SECURED HEREIN SHALL BECOME DU'E AND PAYABLE IN FULL AT THE OPTION OF Signed, se led and rleliremd in the presence of : THE MORTGAG •E. • . S -IN I I _ - - 1 SUE DEIAPLAfNE ! _ _ _ . ~ ' t STATF. ()F FL()RID:1, COt•\"fY OF St. Lucie 1 HEREBY CERTIFY that on thi3 day, before me, an i officer duly authorised in thr State afOrrsald and in the County aforesaid to take acknowledgments, personally appeared STUART D. DELAPLAINE and SUE DELAPLAINE, his wife, to m.• known tc. tN• th~• p~•rsong drscrihed in and who executed the forr¢oinQ instrument and they acknowledged t,efon• me that they executed the same. 1\•Il XF.SS my hand and offir i:rl seal in th~• (:aunty and State last a(urrsaid this 23rd day of ~ October D• 19 79. L , r~- -,}S;c~ , Diu c,~c..~ . ~ NO - Y PUBLIC - - - - GYp R --3 C:-. 2, 3: - TAR V r _ t.. - - f l li C i c ~ ! ; `iV: Y. i . NOit~y'If01b RRf>• d tFiOrida ift tarps ~ ~!_ERK Cf~i:J3? ~COQY111{f10f1 EI~ifM.IWN16.1881 ~ ~ 4~38'~'~ - %7~rs IIIJ//7/JJ/fJJ/ ~1lr~~uiJ try: - iii,/r:cc ,~;'r 319 P~~~ 537