HomeMy WebLinkAbout2248 and shall perform, comply with and abide by each and every the agreementa, sttpulafioria, conditions and
cotrenartts thereof, and o! fltis mortgage, fhpn this mortgage and the estate hereby created, :hall cease, de-
fprmirte and be null and troid. 3
I<ilk~ Ihp mortgagor hereby further covenants and agrees to pay promptly when dus the pHnctpa! and
interest and other sums of motley protrided for in said note and fhta mortgage, or either; to pay al! and
singular the tarps. assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly; to permit, commit or strjjer rto waste, impairment or deterioration of said land or the improvements
therrcn at any limp: to keep the buildings now or hernajter on said land fully insured in a sum of not less
than N/A
in a company or companies acceptable to the mortgagee, the policy or policies to 6e Reld 6y, and payable
to, said mortgagee. and in tltp etrenl arty sum of monpy becomes payable 6y utrftte of such insurance the
morfgagpe shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any strrpltts: to pay all costa, charges, and expenses, including lawyers fees and title
searches. reasonably incurred or paid 6y the mortgagee because of the failtur of the mortgagor to promFlly
and fatly comply urith the agreements, stipulations, conditions and rnvenants of said note and this mortgage,
or either: to perform, comply with and abide by each and every the agreements, stipulations, eondiffons and
covenants set forth in said note and Ibis mortgage or either. In the event the mortgagor jails to pay when
due arty far, assessment, irrstrrance premium or other sum of money payable 6y virtue o/ said note and this
morlgagp. or either, fhp mortgagee may pay the same, without woiving or affecting the option to foreclose
or any other right ?rpretrnder, and all such payments shall bear interest from date thereof at the highes! Iaw-
fal rate (hen allowed by the Iaurs of the State of Florida.
any strm of monpy herein referred fo by not promptly paid within 30 days next njter
the same becomes dtte. or if each and etrery fhp agreements, stipulations. conditions and covenants of said
note and this morfgatfe, or either, are not /ully perjori?ted, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid (hereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the conlran~ nolurtfltslanding. Failure by the morfgagpe 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
Iherpaffer accruing.
~11 ~tt11~SS ~heCeof, fhp said mortgagor lras hereunto signed and sealed these presents the
day and year first shore u~rilten.
Sig? ed, sealed and livered in fhp prncpncp of : _
-
C s~2
. _ - - o . . c1osTEEN ~ .
LE OSTEEN
+M j
STATE OF FLORIDA, {
i ~ ;
COU\TY OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly- authorized ir, the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
THOMAS C. OSTEEN and ISABELLE OSTEEN, his wife,
to mr• known to Ix• the person S described in and who executed thr /oregoinq instrument and they acknowledged
Ix•tom me that they executed the same.
~~"I7\ESS my hand and official xal in thr t:ounty and State last a(orcsaid this ~ 7J) day of
December D. t9 79.
FILED Ayr - ~:EO ~ .
RG: ~ 'S NOTARY PUBLIC {t
Cli r -'.U~ t
RECOc.-
~ ~ - ?ATRIgA L NEU Z
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