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HomeMy WebLinkAbout2845 • _ r and shall perform, comply wflh and abide 6y each`a~d•emery the agrismenfs, stipulations. conditions and covenants thereof, artd oI fhi: mortgage, then this mortgage and the estate hereby orated, shall c4are, d.- termine and be null and void. Iil~ fhP mortgagor her?!by further rnuena?t1s and agrees !o pay promptly when due the principal and interest and other sums of money provided -jor to said note and this mortgage, or either; to pay all and singular the faxes, assessments, leutes, liabilities, obligations, and encumbrances of every naftsre on said pro- perty: to permit, commit or strjfer no waste, impairment or deterioration of said land or the improvements fherecn of arty time: fo Ieeep the buildings now or hereof ter on safd land fully to:treed to a sum of not less than highest insurable value in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and fn the et?ent any sum of money becomes payable 6y virtue of such insurance the mortgagee shall bane the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor jor any strrpltrs: fo pay all rnsfs, charges, and expenaes, including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the jaflure of the mortgagor to promptly t and fully comply urifh the agreements, stipulations, conditions and cotenants of said note and Ibis mortgage. or either: to perform, comply with and abfde 6y each and every the agreements, stipulations, conditions and covenants set forth to said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium o? other sum of money payable 6y virtue of said Hole and this mortgage, or either, the mortgagee may pay the same, without waiving or of jecfing the option to foreclose or any other right hernunder, and all such payments shall bear interest from date thereof at the htghe:t law- jut rote then allottrerl by the lours of the State of Florida. ~l any sum of money herein referred fo be not promptly pafd within 30 days next after the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said nota and this mortgage, or either, are not fully performed, complied with and abided 6y, the_n the entire sum mentioned in said note. and this 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 nofwrthstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall riot CA/?SIIIIIIP a u~aitrer of any rights or options under said Hole or this mortgage accrued or thereafter accruing. ~It ~ttfltSS thereof, the said mortgagor has heret?nto signed and sealed these presents the day and year first abore tnritfen. r? IN THE EVENT THE PROPERTY ABOVE DESCRIBED IS SOLD,-THE OBLIGATION SECURED HEREIN SHALL BECOME DUE AND PAYABLE Sig ed. sealed a?td delivered in the rese?tce of : IN FULL AT THE OPTION OF THE MORTG GEE, t . Q~~ - - - s F scald Caroline Fascaldo 4 _ . - - - i - - - - - - . - - j ; f STATE OF FLORIDA, t ~ cO~-~-rv OF St. Lucie p f I HEREBY CERTIFY that on this day, before me, an l ! Ij officer dul.• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared JAMES FASGLDO and GROLINE FASCALDO, his wife 3 # j to rnr known to tx the person S described in and who executed the foregoing instrument and Who acknowledged ~ Ireforr mr that they executed the same. ; ~~'ll\ESS my hand and official seal in the Counq• and State last aforesaid this day of d~~ ~ t F i ~ . t - - - ~ 3 a tic .919 OCC 3 I ter ~ 37 ~ FIlEOI?t+th=Ceni'r<= My commission expires: ~~s?d'~ 4 S1.lUWE CpWtTY.Ft A. t ! aERKCIRCUIT Cb Sf yv•`-,, c ~ ~7 - 4'995 - ° ~ - ;~lr?.f h?tlninu•m frr? frrirrrl try. e~~ 3 ~7~' • EI riOK~~ PdGEttA~i~ I j .'~r~i~R'1t '