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HomeMy WebLinkAbout2819 and steal! perform, comply with and abide by each and every the agreements, sfipulalioria. conditions and covenants thereof, a?td of this mortgage, then this mortgage and the eatofe hereby created, shall cease, de- termine and 6e null and void. ~ii[~ the mortgagor hereby further covenants and agrees to pay promptly when dw the principal and interest and other sums of money provided for in said note and this mortgage, or either: to pay all and singular the fares, 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 fherrcrt at arty limp: to beep the buildings now or hereafter on said land fully in:urrd in a sum of not Less than hig(Iest insurable value in a company or companies acceptable fo the mortgagee, the policy or policies fo be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right fo recPll~P and apply the sane to the indebtedness hereby secured, accounting fo the morlgngor for any surplus: to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the morlgngor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; to perfor?n, comply with and abide 6y each and every the agreements, stipulations, eondifiorts and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, instrrartce premium or other sum of money payable 6y virtue of said note and this mortgage, or eit?ter, the mortgagee may pay the same, without waiving or nJf acting the option !o foreclose or any other right hereunder, and all such payments shall bear interest Jrom date fhereoJ at the highest Iaw- jul mte `lien allote•e(1 by the laths of the State of Florida. ~l any sum of money herein referred to be not promptly paid within thirty (30)days next after the same becomes due, or if each and Peery the agreements, stipulations, 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 in said note, and this mortgage, or the entire balance unpaid fher+eon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary rtotu~ifhstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of arty rights or opfi_ons under said note or this mortgage accrued or thereafter accn?ing. ~n ~ltneSS thereof, the said mortgagor tens hereunto signed and sealed these presents the - day and year first above written. Signed, SeaIP(1 attd dPhl~ered in step preSP?ICP Of: ± _ 1 G~~ _ - , . - . --fly . _ .:.~c.~'. _ BETTY t~ I~ - _ _ . _ - - _ . . _ _ 1 _ _ _ _ - - . - - ~ STATE OF ~i"/r t~Q~ b I HEREBY CERTIFY that on this day, before me. an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowltdQments, personally appeared b'IONI~ WECHTER AND BETTY H~C[-iTER, his wife to me known to be th~• persons described in and who executed the [oregoinQ instrument and they acknowled6ed heforr me that they executed the same. ~ ~~'ll:\ESS my hand and official seal in th~• (:ounty and State last aforesaid this 1St da of . r 3 November A. D. 19 79 t ry is - M= Angela L. O'Hara. ` 'I INy Commission Expires: April 18, 1983 A Resident of St. Joseph fbuntq, ~ Indiana (Raised Seal) 4f .a; ' ST~i.L'CI~ C;; iNf Y. t?OGER t'UI ~ ii.'.:i S~~:S C:7C~:, ~ r . _t _ ;.r~... 9 %ri_I lasinu,r~n~ prpnrcr! by: Oleryl S. Miller ;~(~(/rise Lawyers Title Insurance Corporation Post Office Box 3845 pp Fort Pierce , Florida 334 SO A(1~~ 319 P,L'E CA~