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HomeMy WebLinkAbout2659 and shall perform, comply with and abide by each and erery the agreements, stipulations. •eondtftons and . eovenanla thereof, and of this morfgape, then fha mortgage and the estate hereby croated• shnU coase, de- termine and 6e null and twtd. ~i1N~ the moregagor herv6y /urther oovenanf, and agna fo pay promptly when due t<•~ princ(pal and tnterrs! and other sums of money provided for to said note and this mortgage. w either: to jwy aU and singular the taxes. assessments, levlea, 1/abilities. obligations, and sncumbronces of awry nature on said pro- perty; fo permit, commit or suffer no waste. impairment or deterioration of sold Land or the improwmenb ther+ecn of any time; to keep isle 6ulldtnga now or hereafter on said land /ully insured to a stun of not less than highest insuraiible value. in n company or companies acceptable !o the mortgagee, the policy or poltcfss to 6e held by, and paynbb to, said mortgagee. and In the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall hove the right to receive and apply the same to the indebtedness hreby ascured, aocotsnting . to the mortgagor /or any au?plus; to pay all costs. charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgtagor to promptly and fully rnmply with the agreements, stipulations, conditions and cownants of sold :tote and this morfgoge, or either; to perform, comply with and abide by each and every the agreements. stipulations. eondilions and covenants set forth in said note and tha mortgage or either. In the event the mortgagor fails to pay when due nny tax, assessment, Insurance premium or other sum o/ money payable by virtue of said note and this mortgage, or either. the mortgagee mny pay the same. without walr/Ing or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law- ful rote then allowed by the laws of the State of Florida any sum of money herein referred to be not promptly paid within tgp days next offer the same becomes due, or ij each and every the agreements, stipulations, conditioru and covenanta of said nota and this mortgage, or either, are not fully performed, complied with and abided 6y then the entire sum mentioned in said note, and this morfgnge, or the entire balance unpaid thereon. shall forthwith or thereafter, at tho option of the mortgagee. become rend 6e due and payable, anything In snld note or herein fo the contrary nofwifhstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not rnnsfitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. L~,,_ ` ~R ~h~eof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, se led and deliaered in fheeprrsence of : l~~ i`~r PHILIP B. AI?N STATE OF FLORiDA• courlTY of S t . Lucie I HEREBY CERTIFY that on this day. before tree, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgments• personally appeared Philip B. Ahn, to me known to be the person described in and who executed the foregoing instrument and who acknowkdBed before me that he executed the same. WITNESS my hand and official seal in the County and State last aforesaid this / • day of ~A 8~. ~(,D4~~(/ .1. D. 19 - a { , - NOTARY PUBLIC yes % ?ir, i981 :y~Y1~'~Y.- n _ ~-7 ::-~W :19~ -S Pty 12= 47 ' ~L~dltl'1fQfiifiE~ - I%its liulranclr prrpmra by: t1Rr~~i 8(ml(Je~V PN6E~/VV~ ~ i1 dArrJS _ ~ +i r