HomeMy WebLinkAbout2938 and shall pe?jo?m, comply with and abide by each and every the agroements, stipulation's. conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby c?eoted, shall cease, de-
termine and be null and twirl.
the mortgagor hereby further covenants and agroes to pay promptly when dw the principal and
interest and other sums of money provided for in snid note and this mortgage, or either; to pay all and
singular the faxes, assessments. levies, liabilities, obligations, and encumbrances of every naluro on said pro-
perty: to permit. commit or suffer no waste, impairment or deterioration of said Land or the improvements
thereon at any time; to deep the buildings now or hereajte? on said Land fully insured to a sum of not less
than -
in acompany or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum o/ money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby :scored, accounting
fo the mortgagor for any surplus: to pay all cost:, charges, and expense=, including lawyer i fees and title
searches, reasonably incurred or paid by the mortgagee because of the jailuro of the mortgagor to promptly
and jolly comply with the agreements, stipulations, rnnditions and rnvenants of said note and Chia mortgage,
or either; fo perform, comply with and abide by each and every the agreements, stipulations, rnnditio?u and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails 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 from date thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida.
~l any sum of money hP?ein ?e(erred to be not promptly paid within thirty days next after
the same becomes due, or ij earh and every the agreements, stipulations. rnndilions and covenants of said
note and this mortgage, or either, are not jolly perjotrnted, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire 6alonce unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee. become and be due and payable, anything fn snid note or herein
to the contrary notu•tthstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not rnnstittrte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
n ~tntSS whereof, the said mortgagor has Xereunto signed and sealed these prosenls the
day and year just above tvriften.
Signed, sealed and dative in t presence o(:
1
• -
Art Russakis
STATE OF FLORIDA, -
COC'\TY ()F . 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 acktsowkdgments, personally appeared 3
I
j ART RUSSARIS
to me known to be the person described in and who executed the forcgoinq instrument and hg acknowkdRed
i
heforc me that he executed the same.
~~I7:\ESS my hand and official seal in the County and State, last aforesaid thu - ~ day of
79 ~
DP.CP.IIIb@r A. D. 19 ~ . - fi ~ .
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REC
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