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HomeMy WebLinkAbout1652 - - - - - ~ _ _ . _.~tr__ and shall perform, tromply tuifh and abide by each and every the agreements, stipulation's, conditions and cotenants Iherrwf, and of this mortga(te, then ihfs mortgage and flee estate hereby creatod, :Frail cease, de; . termine and bP null and void. ~ ' Il~ the mortgagor Item+by further cot+enanis and agrees to pay promptly u?Iten due the principal and inferesl artd other sums of mo?tey provided for in said Hole artd this mo?lgage, or either; to pay all and singular the tarps, assessments, Irt+ies, liabilities. obligatio?u, and encurrbmnces of every nature on said pro- ~ perry: fo permit, commit or stiffer no whsle, impairment or deterioration of said land or the improvements thPrrcn al any limp: to RPPp the buildings now or hereafter on said land /ully insured to a sum of not less than its highest insurable value in a company or companies acceptable (o the mortgagee, the policy or policies fo be held 6y, a?:d payable fo, said moNgageP, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall harp the right to receive and apply the same to the indebtedness hereby secured, accounting to the morfga(tor for any strrplrrs; to pay all rnsts, charges, and expenses, including lawyeri fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly and f ally comply wish the agrPpmrnts. stipulations, ~onditfons and cot~rnants of said note and this mortgage, or Piflter; fo perform, comply uritlt and a6irle 6y each and every the agreements, stipulations, conditions and cot+Pnants set forth i?t said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessme?tt, insurance premium or other sum of money payable by virtue of said note and this mortgage, or eiflter, the mortgagee may pay the same, without waiving or affecting the option to foreclose or arty other right hprettnder, itnd all such payments steal[ bear interest from date thereof nt the highest hzw- ful rate then allowed by fhP lairs of the Staff of Florida. ~l arty s~tnt of mottPy herein referred to be not promptly paid u+ithin 30 days next after _ the same becomes due, or if each and every the agreements, stipulations, conditions and c`ift.rr•.:a-tts of said note and Ibis muriga~it>. or either, are not fully performed, complied with and abided by, then flee entire sum merttio?tecl i?t said note, artd this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and bP due and payable, anything in said note or herein to the contrary rtot??+ithsfandi?tg. Failure by the mortgagee fo Pxerrise any of the rights or options herein protidpd shall riot constitute a waiter of any rights or options under said note or this mortgage accrued or thereat fpr ocrruing. . ~n witness ~hcrenf, flip said morfg:tyor ItaS Iteretrrtta signl+d and sealed these presents ihP day and Ypaf f irsf a~l'P tt+rittPn. ' 4 Signed sealed and d iv pd in the presence of - - `~7'....- _ Dav d Young - . . - - - t~ - - . ..tom • Patricia G. Youn STATF, nF FLORIDA, ~ Col'\TY OF St • Lucie I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Starr aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~ David Young and Patricia G. Young, his wife ' to mr known to be the person g described in and who executed the foregoing instrument and they acknowledged I+efon• me that t h eyexecuted -the same. • 1 k~'IT\ESS my hand and official seal in the County and State last aforesaid this 1'1 dag of F'ebrnary A. D. 19 80 .~'~y`~SL++'~ . ",`tiff .i~:-:~.~,' : Z . _ -Q l1r.3 rr. otary Publ -,•e.,o`.~.~=-••d F, ~ State of Fld#~~~.~T ~ ~~tl't+`~c..::~ ~r't~ My Cornmissid.#~;r~ ` ~ - , ~ - _.....tS,•C.::L~ T ~y C>Mrtlissio~ r~sW ~~,~a••• _ ~r. - f This /rulnnn~a~ prrpnrrJ hy: AJJ/txc RONALD PAUL Wi-iITLEY, ESQUIRE fly r~ ~~CC~~((~~ 8028 SOUTH FEDERAL HIGHWAY BOf11lL~:.U PAGE~VtJV PORT ST. LUCIA FLORIDq 33452