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HomeMy WebLinkAbout0237 and shall pert orm, comply with and abide 6y each and every the agreements, stipulations, conditions and rns+enants thereof. and of this mortgage, then this mortgage and the estate heeby c?eated, shall cease, de- termine and be null and swirl. TlIl1E flee mortgagor hers+by f urfher cvvenants and agrees to pay promptly when due the principal and - interesl and other sssms of money pros+ided for in said note and this mortgage, w either; fo pay all and singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perly: to permit. rnmmif or suffer no u+asfe, impairment or deterioration of said land or the improuemenls thersMrs of arsy time; to Ieeep the buildings now or hereafter on said land fully insssred to a sum of not less than in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall hone the right fo receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all s•osts, charges, and expenses, including lawyeri fees and title searches- reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and (ally comply u+ith the agreements, stipulations, conditions and covenants of said note and Ibis mortgage, or piflter; fo perform, comply with and abide by each and every the agreements. stipulations, conditions and cos•pnanls set forth in said note and this mortgage or either. In the es+ent the mortgagor /ails to pay when due any tas, assessmc+nt, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, wifhotst waiving or of feeling the option to foreclose or any other rittht hereunder, oral all ssich payments shall bear interest from date thereof at the highest law- f (ul rote then allow+esl by the tau+s of fhp State of Florida. ~l arey sum of monPV herein relerrPd to be not promptly paid within Thirty days next after the same becomes dap, or if each and papry the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed. rnmplied with and abided 6y, then the entire sum mentioned in said rtotp, and Ihis mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary nolts+ifhstarsdirsg. 1'ailtsre Isy fhp mortgagee to exercise any of the rights or options herein provided shall not constitute a u•aivpr oI any rights or options under said note or this mortgage accxued or lhprpaltpr accruing. I ~n witness ~ht~~f, fLr• said mortgagor bas Itpretsnlo signed and sealed these presents the i da? and year f irsl above u•riflpn. ipd. sealed and dpliv red in f tp presence of : ~ 1 n~ z 1 - - i - MEO •I C---~~-~-- R~~~-- - - - - -ANNE V. CbLINA~••------- ~ - ' t t ~ =T.I.~Jt:~~ . -<<~. ate-93.3'7 ~ ~ ~ . CIE s. ~ ~UA( RECO~: ~ r STATE OF FLORIDA, L7LC13 l0 O9 t, / C(~l:\TY OF ST. LUCIE - I HEREBY CERTIFY that on this day, tx(orc me, an i oiiirer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ROF1E0 S. COLINA and ANNIE V. COLINA, his wife r ~ to me known to be the person 5 described in and who executed the /oreQOinq instrument and they acknowkdRed !x•fore me that they executed the same. / ~~'I7 \ESS my hand and official seal in the County and State last aforesaid this ~C v~ day of December A. D. 19 79 - - t~ ~ ; - - - _ ~ 3 ' ` . • •t• ~ it ~~'_f ~ r~-~. , aofM, ~ , ~ rU~I IC AA1~ ~ :r t r„ ~futt]fa aoeta ,v wea. - i- ~ . Qf~R~1l iRt3 MK'. 1~ [j~~• , 1 v . ~ . i James C. Carets This instrument was prepzred by: r` '!%rts j!!S/n/lAfl!l prrpnre-r~ hy: First American Tice Company I $t LuSie County. Int. i~[~l/It'SS i k~)( .~i~~~ fl(inAn M~