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HomeMy WebLinkAbout2201 _ ~ • (t and s{tall pP?form, comply with and abide by each And every the agreements, stipulations, conditions and covenants thereof. and of flux mortgattP, then this mortgage and the estate hereby created, shall cease, de- fermlrlP and bP null and void. ~nd the morlga!tor hen'hy rurthe? covenants and agrees fo pay promptly when due the principal and interest and other sums of money provided for in' said note and thta mortgage, or either; fo pay all and + singular I?tP faxes. assessments, levies, liabilities, obligations, and encumbrances of every nature on snid pro- perly: fo permit. commit or suffer no u'aslP, impairment or deterioration o/ said land or the improvements thereon al any Iimr; to l:ePp the buildings now or hereafter on said land fully insured in a sum o/ not less Ihan in a company or companies acceptable to the mortgagee, the policy or policies fo be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the morfgogPP shall have I?te right fo /P+'PIUP and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply u~ilh t1tP agreemP?tts, stipulations, conditions and covenants of said note and this mortgage. or either; to perform, comply tvilh and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails fo pay when due any tax, assessment, insurance premium or outer sum of money payable 6y virtue of snid Hole and this mortgage, or either, the mortgagee may pay the same, without waiving or of fecfing the option to foreclose or any other ,fight herecuulc'r, and all such payments shall bear interest from date Ihereo( at the hig?test law- ful rate Then allowed by the lmvs of the Staff of Florida. DI nny sum of money herein relerrPd to be not promptly paid within 30 days next after the same becomes due. or if each and every the agreements, stipulations. conditions and covenants of said note and this morlgafte. or either, are not Dully performed, complied with and abided by, then the entire 1 sum mentiortec/ i?t said mote, arts this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, of Ilte optiart of IItP mortgagee, hPCOnte and bP due and payable, anything in said note or herein to the confrory nolu~tlhslanding. Failure by the mortgagee fo exercise any of the rights or options herein ~ provided shall not constitute a u'aivPr of any rights or options under said Hole or This mortgage accrued or fberealler accruing. ~n ~titness whereof, f?t+' sai?1 mo?tctago? 11x5 ?IP/PlIn10 signed and sealed I?lese presents IhP day anti year first above u'riflen. Signe ,sealed and delirerrd i 1he pros+•n a of : 1 ~ t ~ 1 s D. Tref Her ~ f ''i ~ - Genevieve Trefelner I ' ;I STATE OF FLORina, s i IIEREBY CERTIFY that on this day, before me, an offil er dulc authorized in the Stag aforesaid and in the County aforesaid to take acknowkdgments, personally appeared t Regis D. Trefelner and Genevieve Trefelner, his wife ~ ~ to ml• known t+, hr the p~•rson described in and who executed the foregoing instrument and he acknowledged i before me that he executed the same. ~~'IT\ESS my hand and official seal in the County and -State last aforesaid this 7 ~h day of ~ ~'1RRL'~l a. n. 19(SfJ ~ ~ ~ 7 ~7 ~ . ~ ~ tJ7tQ l~ li J''../~?~~If IAJ N.,~~.~,I~.~j`~+~Y~^.11~CtW'~ ~ ~ S']:1 uCIE ~ GU#t Y. f I A. _ ' ' ° _ f W:I:RiS i;iR~t11T COIi T ~ ~ v ~ i ~ ~ ` ~ 4V'JVV ` cz?`~~,ntattN13` ~ %%r.+ I,,vnu„rid Pn pnre-c/ l/y: Thomas A. Drl SCO11 ~l~~r~n:+t Treasure Coast Service Corporation 121 Orange Avenue, Ft. Pierce, Florida 33450 ~ 1lUOK PAGE ~ - -