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HomeMy WebLinkAbout1058 - and shall perform, comply with and abide by each and every the (agreements, stipulations, conditions and covenants 1herPOJ. and of this morfganP, then this mortgage and the PslatP hereby created, sfcall cease, de- fPrm111P and be WWII and void. ~tnd IbP mortgagor hereby (urfher covenants and agrees fo pay promptly when due the principal and interns) a?td other sums of money provided for in said note and this mortgage, or either; fo pny all and si?tguJar IhP fares, assessments, levies, liabilities, obligations, a??d encumbrances of every Walrus on said pro- perly: to permit, commit or strf ter no u'aslP, impairment or deterioration of said land or the improvements flterecn at mty time: to RPep the buildings now or hereafter on said land fully insured in n sum of not less than the full insurablgg value in a co~tt?any or /romparties accPptal'le to Ilte mortgagee, the policy or policies to be held 6y, and payable fo, said mortga~iPe, and in the event nny sum of money becomes payable 6y virtue of such insurance the mortgagPP shall IIa1~P !hP right to receive and apply the same to the indebtedness hereby secured, accounting fo fhP mortga{r(rr for any st?rpllts; fo pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid by 1hP mortgagee because of the fnilure of the mortgagor to promptly and fully comply with 1hP agreements, stipulations, conditions and covenants of said note and this mortgage, or eifllPr; fo perform, comply u'illt a?td abide 6y each and every the agreements, stipulations, conditions and cot'e?tartts set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax. assessmPrtt, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or Pif11Pr, IhP mortgagee may pay the same. without wniving or affecting the option to foreclose or any other right hemunder, and all such payments shall bear interest from date thereof at the highest laul- (nl rate then allowed by the Iglus of the State of Florida. ~f any sum of mmrey herein rP(PrrPd to be not promptly paid within f if teen (lS~ays next of ter tltP same bP('OntPS due, or i( each and every the agreements. stipulatiors. 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 i?t said ?totP, art(I this mortgage, or th P entire balance unpaid thereon, shall forthwith or thereafter, at the option of Ills mortgagee.. 1)ecomP and be due and payable, anything in said note or herein to ihP contrary notu'dhstanding. Failure by the mortgagee fo exercise any of the rights or optioru herein provided shall not constihlfP a u~aivPr of any rights or options under said note or this mortgage accrued or therea(IPr accruing. ~n witness ~Ihereof, the said mortgagor 1105 IIPrPllntO signed and sealed these presents the (lay an(1 vear JIrSt OhOI'P ll'rlttPll. ,DIgrIPd. OIPd a?Id ~ Plll'PrP(I !/t tI1P prPSPIICP OJ= • _ ` . -Melvin ll ,~~ibica , {i Martha Koprivi a E R 6 STATE OF FLnRIDA, ccn; xTY c }F ST . LUC IE I HEREBY CERTIFY that on this day, before me, an ! otfirer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared MELVIN J. KOPRIVICA and MARTHA KOPRIVICA, his wife i to m~• known to Ix the p,•rsonS described in and who executed the foregoing instrument and they acknowledged I Ilefore Ins that they executed the same. ~~'17 \ESS my hand and official seal in the Count}• and State last aforesaid this 19th day of October, p- Ig 79. otary -1'u is ~ t: ~ 2:., • State of Florida at Large My commission expires: ~ Rv:~ER i'C;Tf - June 5, 1981 - 464219 %rs hrunrar~n~ prrprrrrd hy: Guy F2. 6runi, Esq. • I ''•~~~c ?08, Citizens Federal 81dg. ,~1(G/r?:(` E=-1~ S. Federal Hwy. .tilt ~ Port St, Lucie, Fla. 33452 ~ZN2X •W PlGfi~