HomeMy WebLinkAbout2950 _ . _~._~~.w_.w._____
and shall perform, comply with and abide by sack and every tits agroements. etipulattoni. conditions and
covenants thereof. and o/ tha mortgage, then this mortgage and fhs estate keroby created, shall cease. de-
termine and 6e null and vot~.
the mortgagor he?~e6y further rnvenants and agrees to pay promptly when dw the principal and
interest and other stuns of money provided for in said note and this mortgage, or either; to pay all arsd
sIngular the taxes. assessments. levies. liabiltlies, obligations, and encumbrances of every nature on said pro-
perty: to permit, commit or suffer no waste. impairment o? deterioration of said la?td or tke improvements
iherecn at any time: to beep !ke buildings now or herraf
ter on said fond /ally insured in a stun of not less
than
in a company or companies acceptable to the mortgagee. the policy w policies to 6e heW 6y+ and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of suck insurance the
mortgagee shall have the right to receive and. apply !hs same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay all ewts, charges, and expenses. including lawyer's fees and rifle
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, sttpulntions, eond!ltoru and covenanb of said note and this mortgage.
or either: to perform, comply with and abide 6y each and every the agreements, stipulatioru, eondttions and
covenants set f
orfh in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insuronce premium or other sum of money payable 6y vtrtw of said note and this
mortgage. or either. the mortgagee may pay the same, without waiving or affecting the option to foreclose
_ or any other right hereunder, and alI such payments shall bear interest from date thereof at the kighest law-
ful rate then allowed by the laws of the State of Florida.
~1 any sum of money herein ref
erred to be not promptly paid within 30 days next after
the same becomes due, or i f each and every the agreements, stipulations. conditions and rnvenanb of said '
note and this mortgage, or either, are not fully performed, 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, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or opNoro herein
provided shall not constitute a waiver of any right>E or options under said note or this mortgage accrued or
thereafter accruing.
~n ~h~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sealed and delivered in the presence of
• hn Mu
1 orris D. Muth
STATE OF FLORIDA.
COUNTY OF ST. Lucie
I HEREBY CERTIFY that oo this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
John R. Muth and Sonia D. Muth, his wife
to me known to be the person S described in and who executed the foregoing imtrument and ~„~hp acknowledged
J~fore me that they c:ecuted the same.
W I7'NESS my hand and official seal in the County and State last aforesaid this Isth day of
March -~-~-D•. t9 $0. /
V 0~~g ~:31 t
ary Public
~ ~ ~7 rty Cotmmission Expires
~ _ ~ JAMES A. SAiABUCCI
NOTARY PJB:'.C uF f:Eyl JERSEY
Gom^~issien Ex;:ires fear. 24, 1482
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