HomeMy WebLinkAbout1751 and shall perform, r•omply with and abide by each and every the agreements, alipulafioni, rnndiftona and
covenants thereof, a?td of This mortgage, then ibis mortgage and the estate hereby created, shall cease, de-
termine and be null and void.
the mortgagor Item+by further rnuennnta and agrees to pay promptly when due the principal and
interest artd other sums of money provided for in said Hole and Ihta mortgage, or either; to pny aII and
stngula? the tares, assessments, levies, liabilities, obligations, and encumbroncea of every nature on said pro-
perty: to permit, commit or stiffer no waste, impairment or deterioration of said land or the improvements
IhPreCn at a?ry limp: fo keep the buildings nou? or hereafter ore said land fully insured in a sum of not {eta
than highest insurable value
in a t•ompany or companies .acceptable fo fhP mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall har'e the right to receive and apply the same to the indebtedness hereby secured, accounting
to !?te mortgagor for any srrrplrrs: to pay all costs, charges, and expenses, including lawyer's fees and title
searches. reasonably incurred or paid by IhP mortgagee because of the failure of the mortgagor !o promptly
and folly r•omply wish the agreements, stipulations, conditions and covenants of said note and this mortgage.
or ell{ter: to pPr(ornr, comply urifh and abide by Pach and every the agreements, stipulations, conditions and
covertartls set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due arty tax, assessment, insurance premium or other strm of money prryab[e by virtue of said note and this
mortgage, or either, IhP mortgagee may pay the same, without waiving or of
jetting the option to jorec{ose
or any other right hereunder. and a{{ such payments shall bear interest jrom date fherroj at the highest Iaw-
ful mte then a{{owed by ?he {stns of the State of Florida.
JL any sum of monov hPrPln referred IO be not promptly paid wit{tin 15 days next after
1hP same becomes due, or if each and every the agreements. stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully perfor?ned, complied with and abided 6y, then the entire
sunr mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of the option of flee morfgagPP, become and be due and payable, anything in said Hole or herein
to the contrary nohvithsfazrding- Failure by the mortgagee to exercise any of the rights or options herein
prorirler{- s{rat{ not canslitute a u'aivPr n( rury rights or options under snid note or Ibis mortgage accrued or
thereafter arcnring.
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_ ~ ~n ~~tness thereof, 1 martganar /ra. /IQrPllntO sinned slid sealed These presents the
3 O ~ thr• .air
t,,, rla~ and year {irsl Whore u'riflrn.
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jd o ~ Signed. sealer{ and delivere in th prrsPnre of
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c - - PHYL S H. P NIKA
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u y i- 4 STATE OF FL()R1D:1,
"1 ~ ~ m o Ccl[•~TY c~F ST. LUCIE
• g v I HEREBY CERTIFY that on this day, before me, an
O o ~ F- olficer dul}• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
x o N ~ DARWIN E. PUNKKA and PHYLLIS H. PUNKKA, hIs wife
c to Z 3
w to me known to bt the prrsong described in and who executrd the torrgoinq instrument and they acknowledged
x ..~su~::.::jr:.
C Iretor~• me that they txtcuttd the same. -
1~'IT`ESS my hand and official seal in the County and State 1 t aforesaid this`^-,~:,~~ •••,'i, day of
;
- - - - --.-..ct- - L
OT PUBLIC . • '
fllEo llt,~ - •.uEC MY CCi1~4iISSION EXP~k~6':.....,;';'-
~ ST l4):I~ r =LA. '.c.er•• ua,. Sl oi' .
Cl E ~ ' _ . i.~. R My Commission Expires !m. 198i
RE Cr - , /o.od b Mr+R+rt f:. • A~.Y? c•.ps
Dec 5 3 2g PJN '79
4 ~?840'7
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