HomeMy WebLinkAbout0892 and shall perform, comply with and a each and every the agreements, sdpulattoni, conditions and
covenants thereof, a?td of this mortpap~.- l?te this mortgage and the estate hereby created, shall cease, de-
fermine and be null and void.
~d the mortgagor pert+by jtulher rnvenants and agrees !o pay promptly when due the principal and
interest and other sums of money provided for to said note and flits mortgage, or either; fo pay aU and
singular the fares, assessments, levies, liabtltttes, obligafioru, and encumbr+nnces of every natttre on sold pro-
perly; fo permit. commit or suffer no waste. impairment or deterioration of said land or the improvemenb
lhprrrn at a?ty time; to ?teep the buildings now or hereafter on said land /ully insured in a sum of not less
than
in a company or companies acceptable to the mortgagee, the poltcy or policies to 6e held 6y, and payable
to, sold moHpapee, and to the event any sum of money becomes payable 6y virtue of such instrance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus; fo pay all costs, charges, and expenses, including lawyers fees and title
searches, reasonably inct+rred or paid 6y the mortgagee because of the jailttre of the mortgagor, to promptly
and fully comply with the agreements, stipulations, rnnditions and covenants of said note and this mortgage,
or either: to perform, comply with and abide by each and every the agreements, sfipulniions, conditions and
covenants set forth in said note and this morlgape or either. In the euent 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
morfgape, 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 therroj at the highest Iaw-
ful rate then allolUCrl by fhP laws Of the $fafe Of F?orida.
++?ty sum of mortev herein referred fo be not promptly paid within thirty days next offer
the same 1?ecomes due. or i f each and every the agreements, stipulations. conditions and covenants of said
note and this morfyage, or either, are not fully per/ormed. complied with and abided 6y, then the entire
sum mentioned in said Holt, and this mortgupe, or the entire 6ala?tce unpaid thereon, shall forthwith or
~ fhereajter, of the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary nofwilhstandin~. Failure by the mortgagee to exercise any of the rights or options herein
prot•idrd shall pot constitute n waiver of any rights or options under said note or this mortgage accrued or
f 1?e~ea f ter accruing.
i .
~ ~n ~itn s thereof, I?+e said mortgagor has ?teret?nfo signed and sealed these presents the
~ rlay ant! year•first~ibore u•rif/rn. ~
i
Sign: sealed and di•lir i?y~f pre ? e oJ:
! 1
i
~ ~ EE MANDEL
y GIE ~ ~ EL
4
t
i I STATE OF FLORIDA,
` '
COL'\TY OF $t. Lucie
~ I HEREBY CERTIFY that on this day, before tae, an
~ o[ticer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
s LEE MANDEL and YERCIE MANDEL, his wife
to me known to be the person S described in and whr+ executed the torrQoinq instrument and they acknowkdRed
l Ix•fore me that they executed the same. / ~ 1
.l?. \\"17 NESS my hand and otticial seal in thr County and State- last aforesaid tlyS / 7 ~ day o[
i ~ i
~ December A. D. 19 79. - ~ _ ~
Wis. ~
~ f LEtt AM.: lyED ~ ;
. _
y lU~
R C"
j CIE:,. .?L+'~ j •
~ RECO~' l.. ;
DEC f l 3 44 P~ - ~ t
. 1-
NutwRy ?utttC S1ATl t7t flt7Rlt)A AI IARGE _ ; ?
MY COMMISSION fX11R[S AUG. 13 to8? ~ ' ~ ~ ~
~ _
~ 49'742 ~1Di''~o TFMU GEWERAI 1?n UN~~:l~+:fRS .r ~ ' .rJ
o .,aJ ~
James. C. Carets
l - - ~
Pliu I//unlnlf/1/ prfpv>r•J hy: ~ ~