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HomeMy WebLinkAbout1247 - - a `i • and shall perform, comply with and abide by each and every the agreements, stipulations. conditions and covenants thereof, and o/ this mortgage, then this mortgage and the estate hereby created, shah cease, de- termine and 6e null and void. j the mortgagor Newby further covenants and agrees to pay promptly when dtu the prtnNpal and ~ interest and other sums of money provided for to said note and this mortgage. or either; to pay all and ~ ' singulor the taxes. aasesaments, levies, liabilities, obligations, and encumbrances of every nature on sold pro- perty: to petrntit, commit or suffer no waste. impairment or deterionatton of sold land or th. Improvement thereon nt any time: to keep the buildtnga now or hereafter on acid land fully lnsur+ed In a sum o/ not less than its full insurable value . in a company or eontpnniea acceptable to the mortgagee, the policy or. policies to be held by, and payable to, sold mortgagee, and in the event any sum of money becomes payable by utrtue of such insurance the ' ~ mortgages shall have the right to receive and apply the same to the lndebtedneu hereby secured. aeoounttng to the mortgagor for any surplus; to pay all costa. charges, and expenses. Including lawyer a fees .and title aen,+ches, reasonably incurred or paid by the mortgagee becawe of the failure of the mortgagor to promptly and fully comply with eke agreements, stipulations, conditions and covenant of said note and this mortgage. or either: to perform, comply with and abide by each and every the agreement, atipulntions, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, tnsttrnnce premium or other sum of stoney payable by virtue of said note and this mortgage. or either, the mortgagee may pay the snore, without waiving or affecting the option to foreclose or any other right hereunder, and all such payment shall bear interest from date thereof at the highest lnw- jui rate then allowed by the laws of the State of Florida. 7l any sum of money fterein referred to be not promptly paid within {jli~y day: next after the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully perjot~rrted, 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 ther+eajler, at the option of the mortgages, become and be due and payable, anything in said note or herein to the onnfnary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~itnPSS thereof, ?he soil mortgagor has hereunto signed and sealed these presents the day and year first above urriften. Sign sealed a d livered in the prase ce oj: ~ c ~ ..%x - G i. . E - ----L~----- • !f STATE OF FLORIDA; COUNTY OF SAIlPP LUCIE I HEREBY CERTIFY that on thu day, before tae, an 1~ -officer duty authorized in the State aforesaid and in the County aforesaid to take acknowledgments, ptrsonally appeared PAUL E. RiJSC1II{OFSKI and DOR~'IIHY L. RUSC3~COF5~{I, his wife, to me known to be the rsonS described in and who executed- the fore oin instrument and ~ ~ g g they acknowledged before me that tt1S17 executed the same. Il WIT~iESS my hand and official seal in the County and State last aforesaid this 10th day of II April A. D. 1980 - - ~ . ~~y A~ : ~ L'QiiitlSS].C11 EJ~ireS : f = ~c/ y, f - Ii t1;;t:.:r Public, State ct F}crida a la:;e `-~~~Q45 -4~;:-~.~-, l w~~; y This instrtmPnt. Prepared by: S~f D ~gE ~ 8 AabeYt J. Govllan, Esquire Raj ~,t. Brennan, M~cAliley Hayskar, kE~ aaMNtggt r McAliely & Dedcert, P. A. k[tttg~ ~'ERtfIFO~_~ f Post Offiae Box 3779 FUrt Pieroe, Florida 33450 (305) 461-2310 I~ SOOKt~ PdGE~4s 1 i