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HomeMy WebLinkAbout2965 s _'4- and shall perform. comply with and abide 6y each and every th4 ~agr~wlments. sUpulattoni, conditions and eorenants the?eoj, and of this mortgage, then this mortgage and the estate hsr+eby created, shall cews, de- termine and be null and void. - the mortgagor hereby further covenants and agrees to pay promptly when dw the principal and interest and other soma of money provided for to said note and this mortgage, or .fiber: to pay all and _ singular the faxes, assessments, levies. Itabiltties, obltgatfons, and encumbr+ancei of every anion on said pro- perty; to permit, commit or soft er no waste. impairment or deterioration of said land or the improvements therrcn at any time: to leeep the buildings now or hereafter on said land fully insured in a sum of not less than N/A in a company or rnmpanies aeceptn6le to the mortgagee. the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes pnyabla by virtue of such Insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby securrd, accounting to the mortgagor for any surplus; to pay all costa. charges, and expenses. including lawyer's feel and title aearrhes, reasonably incurred or paid by the mortgagee because of fhs failure of the mortgagor to promptly and fully comply with the agreements, stipulations. conditions and covenants of said note and this mortgage, a either; to perform, comply with and abide 6y each and every the agreements. afipulations. conditions and covenants set forth in said note and this mortgage or either. 1n the event the mortgagor fait to pay when due any tax, assessment, insurance premium or other stun of money payable 6y virtue o/ 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 all such payments shall bear interest (rom.date thereof nt the highest law- (ttl rate then allowed by the lawn of the State of Florida. any sum of money herein referred to be not promptly paid within 30 days next after the same becomes due, or tf each and every the agreements, stipulations. conditions and eouenants of said note and this mortgage, or either, are not Jolly performed, complied deith and abided 6y, then the entire sum mentioned in- said note, and this mortgage, or the enttr~e balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein ' to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~Itereof, 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 : ~ - ~ wi e~ss~ ` ~ La~irence Br~L~ . - -------------v--~--- ----~RM.tr.!~..~~t,~(~-----------------.....-----------....---irk t 'ss Marion Bria j - STATE OF FLO ID COUNTY OF Indian River I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to takes acknowledgments, personally appeared Lawrence Bria, and tiarion Bria, his wife - to me known to be the prrson g described in and who executed the (orcgoinq instrument and who acknowledged ~ before me that they executed the same. Wt1;~IESS my hand and official seal in the County and State last aforesaid this 18th day of ~ A. D. 19 80 . ~ N-... .-Public- - - i 482248 'C~ ~1 Q~j ~.5 ~'sy Commission Expi es~~ { ~ftPt~ ~Pl~ , Po6Kc. Sate df , . - Notary Florida at large _ bi'~ Mir Commission Expires hly 3l, 148:: ,`-'.~ti - i~l.l1. Ind Or w.,..w. iw~ i Css..r, CaiV,.~ ~ ; ;a''~~ ~ ~ I ~ tom: ! 1:~ ;.F~ ' b 0 rti•~.: Tliu Itu~nnn~trl prrparrd hy: g~3~28 P~E2~~64