HomeMy WebLinkAbout2748 And shall perform, comply with and abide by each and every the agreements, stipulations, rnnditions and
CAt'P?1A?1tS f11P?POf, A11d OI Illls nlOrffta{IP, then fhlS mortgage and IhP estate hereby created, shall cease, de-
tPrmlllP and be null and void.
end the mortgagor Ilea+by further covenants and agrees to pay promptly when due the principal and
iriternsl grid other sums of money provided for in said note and this mortgage, or either; to pay all and
singtelAr f11e IAxPS, Asses~nierils, let'ieS, liabilities, obligations, and encumbrances o/ everyry nature on said pro-
perty: fo permit. commit or suf/Pr ?w waste, impairment or deterioration of said land or the improvements
fherncn of Any time: fo I:ePp IhP buildings now or hernafter ml said land fully insturd in a sum of not less
Ihan the full insurable value ~ .
in a company or companies Acceptable fo the mortgagee, the policy or policies fo be held by, and payable
to, said mortftagPP. and in the Pvenl any sum of money bPCOmPS payable 6y virtue of such insurance the
mortgagee SIIAII lial'P Ille right fo re!•eil'e and apply flip same to the indebtedness hereby secured, accounting
to the mortgagor for any surpllus; fo pay all costs, charges, and expenses. including .lawyer's fees and title
searches, reasonAbly incurred or paid by IhP mortgagee because o/ the failure of the mortgagor to promptly
and fltlly comply u'itll the agreements, stipulations, conditions and covenants of said note and Ihis mortgage,
or Pilher; fo perform, comply.urith and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, Assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the morlgAgPP may pay the same, without waiving or affecting the option to foreclose
or any other right hernunder, And all such payments shall bear interes! from date thereof at the highest Iaw-
(ul rate then allowed by the IAU>s of !hP State of Florida.
DL any sum of money herein referred to bP not promptly paid wifhinfffteeII(1S) days next nfler
the same brcomes due, or iJ each and every the agreements, stipulations. conditions and covenants of said
note And Ihis morftlAge, or either, are not fully performed.-complied with and abided by, then the entire
sum mentioned i?1 said note', grid Ihis mortgage, or the entire balance unpaid thereon, shall forthurith or
thereafter, at the option of the mortgagee, become and 6P due And payable, anything in said note or herein
- fo the contrary nofu'llhsfanding. Failurn by the mortgagee to exercise any of the rights or options herein
provided shall not conslitutP A toaiver of any rights or options under said note or this mortgage accrued or
fhereAf ter Arrnring.
~n witness thereof, fI1P said mortgagor hAS IlPrnllnl0 signed And SPAIPd IhPSP presents the
dAy Alld y!'Ar f IrSI Qbal'e 11'r111P?1.
SIg11e( , AIPl1 (1/td d 11'ern(1 In IIIP pre5PI1CP Of .
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Adnan Asad
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lJ' zah-ida- -Asad - -
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f
k ~ STATE OF FLORIDA,
ccx-~TV ciF ST. LUCIE ~
t ` I HEREBY CERTIFY that on this day, before me, an
! ; officer duly authorired in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
6 ADNAN ASAD and ZAHIDA ASAD, his wife
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~ to nn• known to he• thi• p•rsonS described in and who executed the. fOfegOltlq instrument and theyacknowkdgtd
~f hefure me that they executed the same-
! 1~'1-1 \F.SS ms• hams and official seal in the Cuuntc and State last aforesaid this 18th day of
I
April, D. 19 80. r
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- t otary Public ~ - - -
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~ ~ 190 A°R 22 P'~ ~ 59 State of Florida at Ia~~^ge
i ' ~ wt LU ~Q ~ : t~-' ;Yr
t ~ f1ltC 1-k~
My commission ex ire;: ~ t
St.lUC1E C VlttY.~lA- P
~ ROGER ~OITRAS .t
"/lrr.~ /ric/nrna'~d f?rr~arr~l ltd': G~ R. Bruri, Fsq.
..i,/,/,r Suite 208. Citizens Federal Bldg 11K
8410 S. Federal Hwy. ~(II1Kc~ P~~E2746
~ ~ Port St. Lucie, Fla. 33452