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HomeMy WebLinkAbout2850 and shall perform, comply with and abide by each and every the agreements, stipulation's, conditions and cal+ertants tlte?eof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- 1P/In111P and be null and t+oid. ~nd IItP murtcta{tor ItPrl•by /urlher covenants and agrees to pay promptly when due the principal and i??lernsl and other sterns o/ money provided /or in said Hole and flits mortgnge, or either; to pay all and singular the taxes, assessme?tts, levies, liabilities, obligations, and encumbronces o/ every nature On said pro- perty; fo permtl. commit or st?//Pr no u~asle, impairment or deterioration o/ said land or the improvements 1he?ecn at any time: fo beep fete buildings now or herna(fer on said land /ally insured in n sum o/ not Iess than the full insurable value in a rompany or companies acceptable fo the mortgagee, the policy or policies fo be held 6y;,And payable to, said mortgagPP, and in the event any sum o/ money becomes payable by virtue o/ such insurance the mortgagPP shall have the right to receit+P and apply the same t0 the indebtedness hereby secured, accounting to fhP mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyers /ees and title searches, rnasonably incurred or paid Itv 1hP mortgagee because o/ the /allure o/ the mortgagor to promptly and /ally e•omply u+ilh fhP agreements, sfiptclalions, conditions and covenants o/ said note and this mortgage, or either: to perform, comply with and abide 6y eacl~ and every the agreements, stipulations, conditions and covennnts set /orth in said note and this mortgnge or either. In the event the mortgagor /ails to pay when due any tax, assessment, insurance premium or other sum o/ money payable 6y virtue of said note and this mortgage, or Piflter, the mortgagPP may pay the same, without u~niving or a//ecting the option to /oreclose or mty other right hernunder, and all such payments shall bear interest from date thereof at the highest law- f ul rate then allow+ecl by the laws o/ the State o/ Florida. ~l any sum of money herein referred to I,e not promptly paid within th~rty(3O~ays next a/ter the same becomes due, or if each aril every the agreements, stipulations, conditions and covenants o/ said note and this mortgnge, or either, are not /ally performed, complied with and abided by, then the entire sum mentioned in said note, and This mortgage, or the entire 6alnnce unpaid thereon, shall forthwith or (hereafter, of fete option o/ the mortgagPP, become and 6e due and payable, anything in said note or herein to the contrary nofu+tthstanding. Failure by the mortgagee fo exercise any of the rights or options herein provided shall not constitute awaiver of any rights or options under said note or this mortgage accrued or (hereafter accruing. ~n ~lbteSS thereof, the said mortgagor has herf:?nfo signed and sealed these presents the day and year first above a+riffen. SIgnP SealPrl a/1(1 dPlll+ere/l in the presence Of • .A.... - Dea Struble Claire A. Struble r i ~ STATE OF FLORIDA, ~ cOt.'\TY OF ST LUCIE ° I HEREBY CERTIFY that on this day, before me, an t officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~ DEAN I. STRUBLE and CLAIRE A. STRUBLE, ~:~s wife to rn+• known to hr the person Sdcxribcd in and who executed the torcgoinq instrument and t:~'_e7 acknowledged Ireforc me that they executed the same. N'17'\ESS my hand and official seal in the County and State• last aforesaid this ~ day of *Jovember,A- D- t9 79, t t otary Public ftt.EO eft:... ` ! .f State of Florida at Large st. Luc F pr` r 4S C~p~?~_ ~ - My commission expires: RECD -.~-~-+i . S DEe 112 os P~'~9 - ~ 1~ _ - I 45909'7 - - - - = I%rs hu~nnur•a~ p~rpnrr~ll by: Guy R, Bruni, Esq, . , Suite 208, Citizens Federal Bldg,: ~ A?!dR_Is 8410 S. Federal Hwy. t!R 1 pA Port St, Lucie, Fta. 33452 ~ atl7K 321 PAGE20'ts