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HomeMy WebLinkAbout1117 ~ . and shall perform, ru?nplt• u•illt and abide by each and every the agn•emenls• stipulations, runditions and covenants thereof. and of Ibis mo?lftage, Ihrn Ibis mwfyade and the estate hereby created, shall cense, de- lenninr and be null and t•uid. lZn~ Ihr mortya~µ,r lu•n•by f urlher covenants and agrees to pay promptly when clue the principal and interest and other sours of money t?rovided for in said Hole and this mortgage, or either; to pay all and singular the taxes. assessnu•nls, levies, liabilities. obligations, and encumbrances of every nature on said pro- perly: lu permit. cununit or suffer ?to u•asle, impairment or deterioration of said land or the improvements Ihernen al any lime; fu ~eep the huildi?tgs note or hercaJfer on said lurid Jolly insured in a sum of not less Ihan in a company or rompcwies acrepfable fo the morfyaitee, the policy or policies fo be held 6y, and payable to, said morfctmtee. nut in the recut any sum of money becomes payable by virtue of such insurance the mort~taftre shall luu•e the ri~thl to n•crive and apply the same fo the indebtedness hereby secured, accounting I fo the morfdrutur (or any sn?pltes; Io pay all costs, cha?ftes, and expenses, including lau~yer•s fees and fide ; searches. reasonably incurn•d or paid by the morlyaryee because of the failure of the mortgagor fo promptly anti Dully comply with the agn•eme?tls, stipulations. rondilions and covenants of said note and this mortgage. i or either; to perform. comply with and abide by eacl? and every the agreements, stipulations, rnnditions and covenants set forth in said Hole and this mortgage or either. /n the event the mortgagor Jails fo pay urhen clue any lax, assessment, insurance premium or other sum of money payable by t•irfue of said note and this morfftage. or either, the morfftugee may pray the same, without u•niving or affecting the option fo foreclose or any other right hereunder, and all such payments shall bear ir.!c•esf from date thereof at flte highest tau?- ~ (ul rule then alluu•ed by the tares of the Stale of Florida. f ~l ony sum of munev herein referred to bP nut promptly paid u~ilhin thirty days next of ter ~ the saute becomes due. or i( each and every tlu• agreemr•?tis. stipulations. conditions and covenants of said note and this morlftaye. ur either, are not (telly perlota?ted. complied with and abided by, then flte entire i sum mentioned in said Hate. and this mortgage, or the entire balance unpaid thereon, shall forthwith or ~ fhereaJler. of the option of the morlrra~ee, br•r-ome and be due and payable, anything in swirl note or herein i ~ fa the contrary nufu•ifhslandinq. Failure by the mortryagec• to exercise any of the rights or options herein ~ p,Y,ridr•cl shall nut constitute a u•airer of any ri~thfs ar options under said note or Ibis mortgage accrueel or Ihen•a(Ier nrcrui?rry. i 1 ~ ~Il ltI1fSS hereo , the swirl mu?Iryagor haS IIPMIr11fa SIQ/led weld Sealed fhPSe prPSPf115 the day wnrl year first wbove u•rillen. i tiigned. senled rural delivered in the presence o(: t , 1 / ~lJ ] ~ Y~~ 1/~ - ~j - a... ~.Z ~ - t ' ~O~ to""avid aril Pf~1.z ~ ry - ~ ~ ~ - - - Le§ .P~ . . c ~ ~ F.. vices a z to Lesli and canoes Pfalz iI i i STATE OF FLt ?RI[)A, ~ cc n•~•rY c ?F St . Lucie ~ I HEREBY CERTIFY that on this day, before me, an i otfi~er duh• authr•nred in the Starr aforesaid and in the Connq• aforesaid to take acknowkdQments, personally apprarcd DAVID PFALZ and I~iARY PFALZ, to m.• knuw•n to f,•~ th~• tx rsnrr S descriixd ~n and who executed the forrgoin¢ instrument and they acknowledged I ! Lrfuno mr that theyr.xrr utrd the same. 15th ~ 1~'I'f XF.SS n»• hand and official seal in th•• (:ounh• and State last aforesaid this day of t _ February v. t9 80 I . •1 ~ Notary Public, State ~of F on a I a ` Large v ~ k _ ~ My Commission Expires : ? - - 8d , I I • n I %ltr-~ Irirlnunr-n/ ~rrr,rrr,l bp: ;.i.~~~327 ~~~E1116 :1~lJnxr P. 0. Box 3230 sort Fierce, F':,'d~ -