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HomeMy WebLinkAbout2245 and shall perform, comply u?tth and abide 6y each and every the agreements, sftpulaftoni, rnndifio?u and couenonfs tlrerDOf. and of this mortgage. then this mortgage and the estnte hereby created, shall cease, de- fPrmlr?P and 6e null and void. ~nd t1?P mortgagor hereby Jurfher covenants and agrees to pay Nromplly when due the principal and interns( and other sums of money provided Jor ir? said note and this mortgage, or either; to pay all and singular the taxes, Assessments, levies, liabilities, obligations. and encumbronces of every nature on snid pro- perly: fo permit, con?mil or suffer rro u,asle, impairmer?1 or deterioration of said land or the improvements flrPrncn at any limp: to RDPp flrP buildings pour or hPrPaf ter or? said Land fully insured in a sum of not less than N/A ir? a company or conrpa?ries accDptalrle fo the mortgagee, the policy or policies fo be held by, and payable to, said mortgagee, and in fhP DvPrrf any sum of money becomes payable 6y virtue of such irtsluance the mortgagee shall hoop the right fo receive and apply the sacra= !o the indebtedness hereby secured, accounting to fhP mortgagor Jor any surphrs; to pay all costs, charges, and expenses, including lawyer's fees and Nlle searches, reasonably IrICI/Red or paid 6y the mortgagee because of the failure of the mortgagor fo promptly and fully comply tvifh the agreements, stipulations, conditions and covenants of -said note and this mortgage, or either: to perform, comply wit?r and abide 6y each and every fhP agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails fo pay when due any tA.r. Assessment, i?rstlrancP premium or other sum of money payable 6y virtue of snid note and this mortgage, or Dither, the mortgagee may pay the same, urithout waiving or affecting the option to foreclose or any other right herPtlnder, And all such payments shall bear interest from date thereof a! the highest law- Jtll rAIP f11Pn Qlloll~e/l by f11P lAl1~S Of fhP SfafP Of Florida. Any sum of money IlPrei?? referred fo be not promptly paid within 3U days next offer the samD 1)DfomPS due, or iJ each and DuPry fhP agreements, stipulations. conditions and covenants of said note a??d this mortgAftP, or Dither, 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 lherron, shall forthwith or thereafter, at fhD option of fire mortgagee. become and 6P due and payable, anything in said note or herein to fhD contrary nofwrlhstanding. Failure by the mortgagee fo 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 therea f 1Dr Accnling. ~n ~ltneSS ~heCeof, tllP said mortgagor Iran hPrPllnfa SllfnPd and aPalPd flrese presents the day and year first above a+riflPn. SignP ,sealed and de 1 Drnd 'n tbD presDncP of : ~l - c. os EN Q~ i U- - SABELLE OSTEEN i ~ I . . - - - _ . . . . - - - - ~ I _ . _ - _ - - - - - - I _ - _ . - . I g ~ S1:~TE (>F FLORIDA, )t CO['\TY OF St. Lucie I HEREBY CERTIFY that on this day, txfore me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments; personally appeared ~ TAOMAS C. OSTEEN and ISABELLE OSTEEN, his wife, to au• known to be th~• persong described in and who executed the foregoing instrument and they acknowledged {~efore the that they executed the same. ( k~'I'I-\ESS my hand and official seal in~n tppheryCounty and State last aforesaid this (%p ~ day of December D. 19 79. 4zX7 15~ I FILED tM FIA. - -~CL~-.,1-. ST.lUC1E NOTARY PUBLIC F , - ClE REC.~c _ ~ `c ~ ~ 9 PATRIdA L 1 ` "',ti',,• . D~- _ Nvury Public State ti lbrldra Bt ~f!•! gHls.rrl~,y..,',', i ~ t:OfarrrlSb~Oa Exp~fesJuM1~1~1 t~~~ ^ .Q 'rte ~ _ • o 77,is %firlrilnf{;nl ~~~t: 1 ?4u~,. - ~~~~321 ~~~~2 .•1 /llr<rs . { ,