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HomeMy WebLinkAbout1625 f • } and shall perform, comply with and abide by each and ettery fire agreements, stipulationi, conditions and ' . covenants thereof, and of this mortgage, then this mortgage and the estate hsroby created, shall cease, de- termine and 6e null and ttoid. ~ nl~li the mortgagor hereby (urlher covenants and agues to pay promptly when due flee principal and interest and other sums of money provided Jor in aatd note and thta mortgage, or either: to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbr+artces of every nature on said pro- perty; to permtl, commit or srtJJer rto waste, impairment or deterioration of said land or the improuemenis thPrecn at any time; to keep the buildings now or herraJter on said land fully insured in a sum of not less than FIA,L Il+15LIIiFABtE VAIN in a rnmpany or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the seen! any strm of money becomes payable by virtue of stuh instuance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting ~ to the mortgagor Jor any aurpltts; to pay all costs, charges, and expenses, tncludtng lawyer's fees and. tttle searches, reasonably incurred or paid 6y the mortgagee becatue of the failure of the mortgagor to promptly and fully tamely with the agreements, stipulations, conditions and covenants of said no[e and this mortgage. or either; to perform, comply wills and abide by each and every the agreements, stipulations, eonditiona 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, insurance premium or outer sum o/ money payable 6y virtue of said note and this mortgage. or eifller, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other riglet herPttnder, and aH such poyments shall bear interest Jrom date thereof at .the highest law- f ul rate then allontetl by the louts of the State of Florida. ~f arty stem of murlPy hPr'Pin referred to be not promptly paid within Thirty(30) days next after the same bPCOmPS due, or if each and Pttery IhP agreements. stipulations. conditions and covenanta of said note and this mortgarlP, 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 thereon, shall forthwith or lhereaJter. at the option of the mortgagee. become and 6e due and payable, anything in said note or herein to the contrary nofutithstanding. FailttrP by the mortgagee to exercise any of the rights or options herein ~ - provided shall not constitute a waiver of any rights or options under said note or this mortgage" accrued or 1 therea f 1Pr accnring. r I ~Il ~lttltSS thereof, Ilse said mortgagor has hereunto Signed a?1(1 SPOIPd these presents file ~ dny and year first above u'ritfen. SIgrIPd sealed a dPht'PrPd in the presence Of: STATE OF FLORIDA, C()U\TY ()F r I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared D(~iY F. I~LT to the known to tx the person described in and who eaccutcd the foregoing instrument and She acknowledged before me that She e?cecuted the same. l ~~'I7'`ESS my hand and official seal in the County and State last aforesaid this / ~ day of NOVH11beT, :1. D. 19 79 , ' e i ~~z9 ~1D'; 19 ~ 3~ $T. t-l' , ~ fiOG£'.ft 1 - . wpTARY t'IAIIC StAtE ~F ftt?RtDA Ai NIEGt AAY Ct3MMISSiO'+t E7V1iE5 A/R ~ 1951 pr . i ~ fbn10E0 TF~II t~Rr}l lM~ UNOfRWRIrE1~ . r~' v ~ fi I,i t '/'bis INI//I/N/!ll/ prrpvrrrrf hy: ARIF PARUPIA . :1rlri'rt:u t~~NYERS TITLE ItYS, CORP tiff 4999 S. ~ ~ . go~~ 320 P~cf i622 ~ Port St. Lucie, Ftortd~ 3313?