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HomeMy WebLinkAbout2798 and shall perform, comply with and abide 6y each and every the agreements, sttpulafio?tis, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be nut! and raid. ~Ild the mortgagor hereby f urlher covenants and agrees fo pay promptly when due the principal and interest and other sums of money provided jar to said note and this mortgage, or either; to pay all and singular the faxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perly: to pe?mif, commit or suf jer no waste, impairment or deterioration of said land or the improvements lherecrt al arty time: fo Iteep ilia buildings now or hereafter art said land fully insured in a sum of not less than in a contparty or companies accetrtable to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, artd to 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, accounttng to the mortgagor jar any strrpltrs: to pay all costs, charges, and expenses. including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply urith the agreements, stipulations, conditions and covenants of said note and ibis mortgage, or either; fo perform, comply urith and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any inx, 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 of the highest law- ful role then allotted by the lotus of the State of Florida. 1L arty sum of money Iterei?t ref erred to be not promptly paid within fifteen days next after the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said mole, and this mortgage, or the entire. balance unpaid thereon, shall forthwith or thereof ter, of the option of the mortgagee, become and 6e due and payable, anything in said note or herein fo the contrary nolwilhsfanding. failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute n waiver of any rights or options under said note or Ibis mortgage accrued or thereafter accruing. ~n ~itneSS ~heCeof, Ibe soil mortgagor {ins hereunto signed and sealed these presents the day mul year first shore written. Signed, sealed and delivered in the presence of Richard Miller / Ic.t,~ -a Mil er E I l STATE OF FLORIDA, t : coL~TY c~F ST. LUCIE I HEREBY CERTIFY that on this day, before me. an otticer dule authorized in the State aforesaid and in the County aforesaid to takr acknowledgments, personally appeared RICHARD MILLER and NORA MILLER, his wife to me known to he th~• person $ drscribed in and who executed the ioregoinq instrument and they acknowledged Fxforr me that they executed the same. _ ~ ~~•IT\F.SS my hand and official seal in the County and State last aioresaid this 1?jtl~,u.u~n.,ljay of ~ January , A. D. 198U . . ~ •y ;ij'• = rJ ~ - r ;s 4'72848 - - ~ -U to P blic = cz - is State o Florida At=Large c • • - i~~~.f;cF~c~~}:t My colznlission expiret3's,,, • = s Rf GE aPaTRas t~a~,fT t:s.~4 T NOiAAY V~6LIC S1ATE Of fIORIDA Ai LARGE am Cc~,w.i~;,,;,,, E,y„~, ~.Cf r6 1983 ~,,..~....-au ~rn- p 1;~..• - / ~ux....~.~,.t. tt.a wvtAK?rRltiits !lris htslnia~~n~ p?r/x~rrd hy: aeon M. KENNEY , ~ ~p ~ rlJdrrss Atrorosr At law 800K «CE2~7 515 S. {NaIAN RIVER Ot. ct PIERCE. Fl 33450