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HomeMy WebLinkAbout2596 - _ a and shall perform, comply with and ablde~6y each and eaem'if~e agreements, sttpulatio?is, conditions and cotenants thertwj, a?Id of this mo?tgape, then flits mortgage and the estate hereby created, shall cease, de- termine and be null and twirl. ~itd the mortgagor hereby further eouennnts and agrees to pay promptly when dw the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and . singular the IQXPS, assessments, levies, liabilities. obligations, and encumbrances of every nature on said pro- perty: fo permit, rnmmif or suffer no tussle, impairment or deterioration of said Land or the improvemenb ther+ecrt at any limp; (o IrPep flip buildings now or beeps f ter on said land fully inatrred to a sum of not less than its full insurable value. to a company or rnmpanies accPpfa6le fo the mortgagee, the policy or policies to be held 6y, and payable to, acid mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. aceotutting to !hP mortgagor for any surplus: fo pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; .to perform, comply with and abide 6y each and every the agreements, atipulnfions, conditions and cotenants 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 sold Hole and flits mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hPrnlrnder, and all such payments shall bear interest from date thereof at the highest law- ful rate `then allowed by the laws of the SIaIP of Florida, ~l any sum of money herein re(Prred fo 6e not promptly paid within thirtq day: next after the same becomes due, or ij each and every the agreements, stipulations, conditions and couenanla of said note and Ibis mortgage, or either, are not (oily performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at flip option of the mortgagee, become and 6e due and payable, anything. fn said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herP,ln pronidPd shall not constilllfe a waiver of any rights or options under said note or this mortgage accrued or therenjter accruing- ` ~n ~~ulQSS ~hel'enf, the said mortgagor bas hereunto signed and sealed these presents the day and year first abol~e tvriflen. Signed, :Paled and dPIIPPfPd In the presence Oj[ LC-o OLc , r nk D. o ------------`~--rL1 - S ~anne J. Brown li I E STATE OF FLnRIDA, i COUNTY OF ST . 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 acknowledgments, personally appeared FRANK D. BROWN and SUZANNE J. BROWN, his wife, to me known to be the person g deuribed in and who executed the foregoing instrument and they acknowledged e Ixfore Inc that they executed the same- ~~'1'I:tiESS my hand and official seal in the (:ounty and State last aforesaid this 21st day of December, A. D. 19 79. - - - ` i Notary Public , Stiatg'• F"l~i'~.~t,~ - 3 I 4 ~~~8 at Large . ~ • ~ ~ ~ _ My commission ~p~~_ ~°g d~;~ - 1979 0%C 28 AM :0` 14 ~ ~''~-~s~ hfstary Pt:btic, St3ta o1'taottds st `I.$j{~' ' e FILED hNO kECOkOtO f•t~' Cc"-.`° :•:n E-.•. '•(s C~cz„t-rr f? ;2•~ • . SL LUCIE CpUttTY.fLA. c : - _ ~ RACER POITRAS CLERK CtRCUIt COUR 1leCGRO VERIf{=D %is ~»s<n~»i~?d pnprnd hy: A(~(lrf.v Edgar A. Brown, Esquire 7~1~ r n n.__ / 7Oi, nr,~r_ elf'[