HomeMy WebLinkAbout0961 and shall perform, comply with and abide by each and et?er~t ~ehe agreements, stipulalioris. conditions and
covenants thereof, and of Ihis mortgage, then This mortgage and the estate hereby created, shall cease, d~-
lermine and 6e null and twirl.
j~.~ ~ .
nIL1i fhp mortgagor hen?6y further covenants and agrees to pay promptly when due fhs principal and
Interes! and other sums of money provided for in said note and fhb mortgage. or either; to pny all and
singular the taxes, assessments, leutes, liabilities, obligations, and encum6rwtces of every naftue on said pro-
perly: fo permit, commit or suffer no waste. impairment or deterioration of said land or the improvements
Iher+ecn a! arty time; to keep the buildings now or herraf
ter on said IQnd fully insured to a sum of not less
_ than Full Insurable Value
in a rnmpany or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
fo, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagFe shall have the right to receive and apply the same fo the inde6ledness hereby sectued, accounting
to the mortgagor for any surplus; to pay alt cost:, charges, and expenses, including lawyer i fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the fnilure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the ngreeme.tls, stipulntions, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this -
mortgage, or either, the mortgagee may pay the same, without wniuing or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear Interest from date thereof at the highest law- -
jul rnte Ihen allowed by the laws of the State of Florida,
- ~l any sum of money herein referred b be not promptly paid within---15------ days next after
the same becomes due, or ij each and every the agreements. stipulations. conditions and covenants of said
Hots and this mortgage, or either, are not fully performed, complied with and abided 6y, then Ihs entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter: al the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constihde a waiver of any rights or options under said note or this mortgage accrued or
thereof ter accruing.
~n witness whereof, the said mortgagor has hernunfo signed and sealed these presents the
day and year fin! alcove a+rilfen. -
Si d, sealed and delivered in the presence of : -
-
y) /
witness awes A. Roth
1 \ /h,
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witness - - ren a
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STATE OF FLORIDA,
I COUNTY OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the Statc aforesaid and in the County aforesaid to take acknowledgments, personally appeared
James A. Itc~th and Brenda Roth, his wife,
to me known to be the persoi6 described in and who executed the torcgoing instrument and they .acknowledged
heforc me that they executed the same.
N`IT"\ESS my hand and of/icial seal in the County and Statc last aforesaid this a~ ~ day of
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