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HomeMy WebLinkAbout2156 and steal! perform, comply with and abide by earn and every the agreements, sttpulatioris, conditions and cat~errarrts t11PrP0(, arld of this mortgaAP, 1hPrr this mortgage and the estate hereby created, shall cease, de- 1Prm 111P and 6P nut! and void. ~nu the mortgafor hPrr•by further covenants and agrees fo pay promptly when due the principal and internst and ulhPr sums a/ mmlPy provided for in said note and this mortgage, or either; to pay all and singt/lnr 1hP fares, assr'ssmerlls, levies, lial,ilifies, obligations, and encumbrances of every nature on said pro- . pe?ly: to permit. commi~rror suffer no u'asfP, impairment or deterioration of said land or the improvements thPMC11 at Qlly flmP; t0 APPI> the bt11h11rIgS rlOw Or IIPMa(fPr 011 Sald land fully Instued in a SUm O( nOt lps! than FULL INSUREABLE VALUE in a company or companies arrepfablP to the mortgagPP, 1hP policy or policies to be held by, and payable to, said moHflagPP, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall hare IhP right fa rr'cPivP and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyers fees and title searches, Masonahly irlcrrrMd or Laid by the mortga(lee because of the failure of the mortgagor fo promptly and ferny comply with IhP agrermP?ds, stipulations, conditions and covenants of said Hole and this mortgage. or either; to perform, comply with and abide by Pach and every tllp agreements, stipulations, conditions and covenants set forth in said note and this, mortgage or either. In the event the mortgagor (ails to pay urhen due any fa.r, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgac/eP may pay the same, tvithou! waiving or of fPCting the option to foreclose or any other right IIPMUnder, and all such payments shall bear interest from date thereof of the highest Iaw- (nl mfP then allou'erl by t11P tarns of the SlalP of Florida. D` any sum of munrv hPMin MIPrrPd to be not promptly paid within Th~l~ty(30~ days next after the some becomes due, or i( Poch and Pt•ery 1hP agreements, stipulations, conditions and covenants of said note and Ibis mortgage. or either, are not fully performed. complied with and abided by, then the entire sum mentfoner/ in said note. and Ibis mortyagP, or the entire balance unpaid 1hPMOn, shall forthwith or IhPMa(fer. at the option of //rP mortgagPP, 1)PCOmP and bP due and payable, anything in said note or herein to the contrary nohorlhstondin(t. Failure l,y the mortgagee to exercise any of the rights or options herein proridrKl shall not cunstitulr• a chair>Pr of arty rights or options under said note or this mortgage accruPtl or lherra(h•r accrrrin{+. I ~ ~n witness whereof, !hr• said morl(rafror /roc hereunto sipn'd and sealed these presents the day and yPnr first shore u•ritlPn. i i Signed. rated and d •erPd in the prrsr•nr-e o(: t r - • ~ Lr , -G. - _ , I ULF LDBJL~G LL~.. d-~..~a~.~ QQ (~J _ _ _ _ _ _ _ - ~ _ - :3-fig ~¢4;r -5 r: ~ 3 ~ CLERK L~;:~'_! ~ c 9 f S"1':\"1 E OF F'l.OR1D:1. ~ : ,;r•.- ~ - . - [ a n -~"rY (+t= ST. LUCIE ~ I HEREBY CER"I'IFY that on this day, before me, an uffi~ er duk authonn•d in the tit.~te :,fvrrrsaid and in the Counh~ aforesaid Iu t:+kr arknuwled¢n,ents, personally appeared ULF MULDBJERG u. nn knascn u. tN• th~• rson drsrritred in and who enrruted the (oreeoir.¢ instrument and he acknowledged Iwdar. n;e that he exri uteri the carne. 1~'1~1 \}aS arc h.,nd :u~d a[fi~ i:,l seal in th.• (:aunty am( St.,te Lwt afuresaid this 1St day of ~ November, t~.:9 79. Notary Public b1y Commission Expires: i ^rOTAIY rt1/tIC S1AfF Of f~CtRtDt AT URGt Nt1r CCMeMKSiCkv 411RES +t/t t 19tt1 K1Np~0 t?tR(r ~NfRM r~ utdpfRWRI'Ers t,. f i ~ , I •/7in /rrclrrmrrrN j1rrwrrr•rllry: ARIF PARIIPIA y; . ~~I'iX~~V s~a~E2144