HomeMy WebLinkAbout2081 and shall perform, comply with and abide 6>R onch and every fhe~ agreements. stipulationi. conditions and
covenants thereof, and of this rr`ti~tgape, then this mortgage and the estate hereby rreated, shall cease, de-
termine and 6e null and twirl.
the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and. other sums of money provided for in said note and this mortgago, or either; to pay all turd
singular the taxes. assessments, levies, linbiGties, obligations, and encumbrances o/ every nature on said pro-
perty; to permit, commit or suffer no watts, impairment or deterioration of said land or the improvements
thetrcn at arty time: to beep the btrtldings now or hereafter on said land fully insured In a sum o/ not less
than the full insurable value
in a company or companies ac?reptable to the mortgagee, the policy or policies to 6e held 6t', and payable
to. said mortgagee, and in the event any sum of money becomes payable by virtue of auch insurance the
mortgagee shall )rave the right to receive and apply the same to the indebtedness hereby :scored. accounting
to the mortgagor for any surpltts: to pay all costs, charges, and expenses, including lawyer's jeer and title
searches, reasonably incurred or paid 6t' the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements; stipulations, conditions and rnvennnts of said note and this mortgage,
or either: to perform, comply with and abide 6t' each and every the agreements, stipulations, conditions and
rnvenants set forth in said note and this mortgage or either. /n the event the mortgagor jaiG 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 of
fecttng the option to foreclose
or any outer right hereunder, and all such payments shall bear interest from date thereof a! the highest }aw-
(uI rate then aI[owetl by the laws of the state of Florida.
7I arty sum of money herein rererred to be not promptly paid within fifteen (1~}y: next after
the same becomes due, or ij each and every the agreements. stipulations. conditions. and rnventtnts of said
note and this mortgage, or either, are not jolly perforated, rnmplied with and abided 6t', then the entire
sum mentioned in said note, and this mortgage, or the entire 6alanee unpaid thereon, shall • forthwith or
therrajter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6t' the mortgages to exercise any of the rights or options herein
provided shall not cortstittrte a waiver of any rights or options tinder said note or this mortgage accrued or
fhereajter accruing.
~n ~~u1eSS ~ht?~euf, the said mortgagor }tae hereunto signed and sealed these presents the
day and year first u}xtt~n trritten_
jl
Signed, sealed/and/de/linseed in the pre5('/Il'P oj: / ~ / ~ •
Wil iam J. a ,i r-
. R
Dawn M. Lachnicht
STATE OF FLORIDA,
cac~TV c~F ST. LUCIE
I HERESY CERTIFY that on this day, before me, an
officer dul} authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
WILLIAM J. LACHNICHT and DAWN M. LACHNICHT, his wife <<
to me known to be the prrwn s described in and tirho executed the foregoing instrument and ~ ~~i}otyledaed
`t ~7i
before me that executed the same. .r;-l
they
N'17:~TESS my hand and official seal in the County and Statc last aforesaid this , , of
7jts * ` t
March, A. D. 19 80. ~ ~ ;r'=~. -s, -
_
.
2= 32 tart' Fu ~1c ~ r s
~ ~ State of Florida at L~,
~~RPO7L~A~A~ My commission expires2
~(fipCWT C
4'~~Uf 9
Guy R. ErL'ri, !'c ~ '
~ 208, C i=gin; Federal Bldg,
8=+1v S. Federai F-i;rry,
T/rr~ Irrstnni~ut prrpirrrrt/ by: Port St Lucie, Fla. 33452 .
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