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HomeMy WebLinkAbout0605 • _ and shall perform, comply u~iflt artd abirle 6y each and every the agreements, slipulafioris, eondlftons and covenants (hereof, and of (his morfgaAe, Then this mortgage and the estate hereby created, shall cease, de- te?mine and he null and twirl. 7U~~ the mortgagor IterPby further covenartfa and agrees to pay promptly when due the principal and irtferesl and other sums of money provided for in said note and this mortgage. or either; fo pay aII and singular the tQXPS. assessments, IPUies, Itabilifies, obligations, and enctrmbronces of every naftue on said pro- perty; fo permit, commitf/or suffer no tvasle, impairment or deferiorotion of said land, or the improvement Iherec?t of arty limp: to RPPp tI1P buildings nou/ or hereof ter ort said land fully insured in a strm of not less than fully insurable value in a company or rompnnies acceptable fo 1he mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event arty sum of money becomes payable by virftre of such Insurance the mortgagee shall have the right fo receive artd apply the same to the indebtedness hereby sectued, accounting fo the mortgagor for any strrpltrs: to pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably i?tcrrrred or paid 6y the morfg'ttgee because of the failure of the mortgagor to promptly and jolly comply with the agreements, stipulations. conditions and covenants of said note and this mortgage, or eiflter: to perform, comply wit?t and abide by each and every the agreements, stipulations, rnnditions and calvenartts set forth in said note and this mortgage or either. In the event the mortgagor falls to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder. and all such payments shall bear interest Jrom date thereoj at the highest Iaw- fltl role tllen allolue(l I)y tltP IaU~S Of fhP Slate Of ~IOrida. ~l arty sum of ntonPy herein referred fo be not promptly pafd within thirty days next after the same bPCOmPS dtrP, or if each and every the ogreemenfs. stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said mote. and this mortgage, or the entire balance unpaid thereon, shall forthwith or fhereafler, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary noturifhsfanding. Failure by the mortgagee fo exercise any of the rights or options herein provided shall not conslihrtP a waiver of any rights or options under said note or this mortgage accrued or ll~PreaftPr accruing. ~n witness thereof, tlrP said mortgagor Itas hereunto siynPd and sealed these presents the day and year f irsf above written. SlgnPd, Sealed and dPl11~P/Pd 1/l the pIP5PIICP Of i..... - - ~ _ mes Cr n . ~ - E ~i za et~i W : ~ ~>z`biiiri - E - - - - - - - - . . • t STATE OF FLnRIDA, COl: \TY OF St , Lucie 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 James M. Cronin and Elizabeth W. Cronin, his wife to me known to 1>r• the person S described in and who executed the fore¢oing instrument and they arkrrowltdged Ixfore me that they executed the same. ~~'l7':\ESS my hand and official seal in the (:ounty and State last aforesaid this 16th day of November A. D. f9 79 . - _ ~ i.:. NO RY PUBLIC, STATE OF FLORIDA 1~'i . ~ 199 tsQ'~' 30 ~ 33 AT LARGE i' - ROGt%-~ P~~ ~ f~.e:~ - MY COMMISSION EXPIRES 4~i'~664 %u Il!_VrrlJllC/1/ prrprmJ hy: '~R ;1s~rfn_v ~ ~ ~ fir: d~aK PACE _ ?.a~~o ,