Loading...
HomeMy WebLinkAbout0227 : and s{tall perform, comply with and abide 6y each and every the agreements, sltpulaltoris. rnndifions and covenants thereof, and of this mo?fgage, then this mortgage and the estate, hereby created; shall cease, de- termine and 6e nuU and void. n1lY the mortgagor hereby further covenants and agrees fo pay promptly when due the principal and interns! and other sums of money provided for to snid note and this mortgage, or either; to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perly: to pe?mif. rnmmif or suffer no waste, impntrment or deterioration of said land or the improvements fherecn a! any lime; to keep the buildings now or herwaffer on said land fully insured in a sum of not less than N/A in a company or companies acceptable to the mortgages, the policy or policies fo be held by, and payable to, said mortgngse, and in the euenf any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive 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 6y the mortgagee 6ecatue of the jailors of the mortgagor fo promptly and jolly comply with the agreements, stipulations, conditions and covenants of said note and Ihis mortgage. or either; to perform, comply with and abide 6y each and every the agreements, stipulations, eondittoru and covenants set forth in said note and this mortgage or either. In the euenf the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of snid note and fhi: mortgage, or eif{ter, the mortgagee may pay the same, without waiving or of jecfing the option to foreclose or any Other right hereunder, and all such payments shall bear interest from date thereof at the highest law- ful rate `then allowed by the laws of the Stale of Florida. ~L any sum of mortPy herein referred fo be not promptly paid within 30 days next after the same becomes dun, or if each and every the agrrernents, stipulations. conditions and revenants of said nets and this .mortgage, or either, are not fully perforated, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, of the option ~of the mortgagee, bernme and be dos and payable,.anything in snid note or herein to the contrary nofu~ithstanding. Failure by the mortgagee to exercise any of the rights or options .herein provided shall riot constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter nrcruing. ` ~n ~fu1t~SS ~het~eof, t{te said mortgagor has hereunto signed and sealed these presents the day and year first above toritten. Signed sealed and delit~e din the presence of DA DRS " . ``{f t STATE OF FLORIDA, ~ - COL'~iTY OF St. Lucie I HEREBY CERTIFY that on this day. before me. an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared DAVID ROSE to me known to lx the person described in and who executed the toreQoinq instrument and ht3 acknowledged Ixfore me that he executed the same" \417'\ESS my hand and official ual in the County and State last aforesaid this 19th day of March A. D. t9 80. ~ NOTARY PUBLIC b~ ~a 2y PM t- 02 , aaf~~x@ S1R~~SS<- M11rGA L If~1 T MoeMy 1~1lllb stsAra at1 ilotidl tat ~ ct.einc cftt~ ~ ~ comma ~r».iw+.~e.~ . ~ 4. ~i4591 ~ - - ~l J V . ~ . - ' lllrs Lrurrrurtn~ prcpurrd hy: " Arltlnxs gpp~~ PaCf