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HomeMy WebLinkAbout1013 - - _ - . _ ~ _ ~tr-_ and shall per/orm, c~umply with and abide 6y each and et+ery tfte agreements, stipulafioni, conditions and cot+enants theaeol, and of This mortgage, then this mortgngs and the estate hereby created, shall cease, de- termine and 6s null and twirl. the mortgagor her~?by lwllter covenants and agrees to pay promptly when due the principal and interea! and other sums of money provided /or in said note and this mortgage, or either; to pnp all and singular the taxes, assessments, levies, liabiltttes, obligations, and encumbrances o/ every nature on said pro= perfy: to permit, commit or sutler no waste. impairment or deferiorofion o/ said land or the improvemenb iherecn at any time; to leeep the buildings now or hereof ter on said land /ally insured to a sum o/ not less than N/A in a i~untpany or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue o/ such insurnnce the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, nceounting to the mortgagor for any surpltu; to pny all costs, charges, and expenses, fnclttdtng lawyer's lees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure o/ the mortgagor to promptly t and fully comply with the agreements, stipubtions, eonditio?ts and cvvenants o/ said note and this mortgage. or either: to perform, comply with 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 /ails to pay when due any tax, 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 /orecloae ~ or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- ful mie then allowed by the laws of the State of Florida. nny sum o/ money herein referred to be not promptly paid within (3O)days next a/ter the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said note and this morfgnge, or either, are not fully performed, complied with and abided 6y, then 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, became and 6e due and payable, nnything to said note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any o/ the rights or options herein provided shall not constitute a u+aiver of any rights or options under said note or this mortgage accrued or } thereafter accruing. ~ ~fl ~ltfitSS ~IlPCtOf s the said mortgagor has hereunto signed and sealed these presents the day and year first above a+rilfen. Signed, algid and delivered in the prPSP11('P of a Partnership =~4 ~ $ i T L t STATE OF FLORIDA, ~ ~i COUNTY OF X1111 } I HEREBY CERTIFY that on this day. before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgmenu, personally appeared ' A~llt S. FOfn1~RS of C~~JPOf+~'Et ASSOCIATES, to me known to be the person described in and who executed the foregoing instrument and ~ ackrwwledRed before me that ~ esecuted the same. WITNESS my hand and official seal in the County and State last aforesaid this 27th day of Febrllal.'y A. D. 19 ~ N'O .............~~1C " I'~0 ~ 27 ~I - My Cantu. moires: . SL LI:CI£ ('Ct+!ITY f ! NOTARy PUtilt C STATE OF FLORIDA AT LAf~ RQG£ft POIif2AS Mr COMt~1iS5:0'~ E`DtzES My.18 198f CI.".i ~lf.~ii C'C?~. ~ r. - Q V _ BONDED THRUvfNcZal tN$, UNpERyyRITERS O is i/~ i ~ . _ ~ ` • 1 ~ I ~ ~ is . {0 ~'i ~F; Tlrs hulnancn/ preparrd by: ~f p~p~ c-r4Qe~~ • aL Ad~lcss ~(~y~Yers Title Ins . Carp . ~ ~ P U - `i 7777 S. U. S. 1 ~ '~~h `'~.F~ Port St. Lucie, FL. 33452 bU~K PACE i ~ ~