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HomeMy WebLinkAbout0965 and shall perform, comply with and abide by each and every fire agreements, stlpuloltotis, conditions and covenants tl?ereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and twirl. - the mortgagor hereby jtuther covenants and-agrees to pay promptly when dw the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the (axes, assessmertls, levies, Iiabiltfies, obligafiora, and encumbrances of every nature on said pro- perly: fo permit, commit or suffer no waste, impairment or deterioration of said land or the improvements lherecn at arty lime; to keep the buildings now or he?eaffer on said land fully Insured in a sum of no: lest than the full insurable value in a company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such tnstuance the mortgagee shall •have the right to receive and apply the same to the indebtedness hereby sectsred, accounting to the mortgagor (or any sttrpltts: to pay all costs, charges, and expenses, including lawyers Jess and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully rnmply u~ilh the agreements, stipulations, conditions and rnvenants of said note and this mortgage, or either: to perjo?m, comply with and abide by each and every the agreements, stipulations, conditions and covenants eel forth in said note and this mortgage or either. In ih¢ event the mortgagor jails to pay when due any fax, assessment, insurance premium or other sum of money payable by virtue of said Hole and this mortgage, or eft{ter, the mortgagee may pay the same, without waiving or a(f ecfing the option to jorecbse or any other right hereunder, and all such payments shall beer interest from date thereof at the highest law- ful rate fhpn allowed by the laws of the State of Florida. ~l any sum of money Iterpin re(prred to be not promptly paid wifhi?tfifteHl (15) days next after the same becomes dtte, or if each and every the agreements, stipulations. conditions and covenants of said - note and this mortgage, or either, are not (ally 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 o) the mortgagee, become and 6e due and pnynble, anything in said note or herein to the contrary notu~tthstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a u•aivPr. of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~itneSS ~heeeof, the said mortgagor ltas herntrnto signed and sealed these presents the day and year first above trritlen. Signed, and delivered ' e presence of X )dward --J---- er er --~..-.cN-.-.. --Q~ I STATE OF FLORIDA, COC\TY OF ST. LUCIE I HEREBY CERTIFY that on this day, before tee. an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgmenu, personally appeared EDWARD J. WERDER, a single man to mr known to be the prrson described in and who executed tht totrgoinR instrument and he acknowkd~ed Ixtorr mfr that he • executed the same. - N'17:\ESS my hand and official seal in the County and Statc last aforesaid this 18 t day of April, A. D. t9 8U. ~~/w,y...,...~... i ! f ' Rotary Public ~ C~ ~ :.~Q~ o' 1980 APR 14 IU; 35 state of F1or~Y~,•"at~~~~e sT it°?Ci" ~ w. r'~y commis s iot~~~f~~C~~s ; - . 'x,411 tt` ft~t3Al~ 11~RIFfEl~. public, State of a notary 21, 1983 My ~tnmission 6tp~ S~::~e 208, C~tizen~ Federal Bldg. - 8;10 S. Federal NYry, I T/ifs ltrslnnu~tN prrpmrd hy: Port S~ Lucie, Fla. 33452 :1 tl~ln _~s ! e~ ~'9 965