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HomeMy WebLinkAbout0887 • _ . - ___.._y_ _ _ _ . _ _ _ _ _ • and shall pe?jorm, comply with and abide by each and every the agreements, stipulations, conditions and eorenants thereof, and of tht: morlgape, then this mortgage and the siJats hereby created, shall cease, de- termine artd 6e null and t?oid. the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for to said note and this mortgage, or either; to pay nlI and singular the faxes, assessments, levies, liabilities, obligations, and encumbrances of every Walrus on said pro- perfy: to permit. rnmmit or srrjfer no waste, impairment or deterioration of said land or the improvements fherecn a! any lime: to keep the 6trildi?tgs now or hereafter on said land fully Instued in a sum of not Iesa than ---------FULL INSURABLE VALUE---------------------------------------------- - in a company or rnmpanies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event any stun of money becomes payable by virtue of such insurance the mortgagee shall have the right fo receive and opply the same to the indebtedness hereby secured, accounting to the mortgagor for any su?pGrs: to pay all eosfs, charges, and expenses, including lawyer's fee: and title searches, reasonably incurred or paid by the mortgagee because of the /ailtrre of the mortgagor to promptly and j~ily comply with the agreements, attpulafions, conditions and covenants of said note and this mortgage. or either: to perform, rnmply with and abide by each and every the agreements, stipulations, rnndifions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due arty tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any oilier right hereunder, and all such payments shall bear interest from dale theeaj at the highest law- ful rate fhert allowed by the laws of the State of Florida. any strm of money herein referred to be not promptly paid within Fifteen day: next after the same becomes dire, or iJ 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 of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notu~ithstartding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not cortstitttfe a u+aivpr of any rights or options under said note or thi: mortgage accrued or Iherca~fer accruing. ~n ~IttteSS ~heCeof, the said mortgagor lies hereunto signed and sealed these presents the day and year first above written. Signed, .sealed antJ delivered n fl a, pr~rtcP oj: 1 . ARTHUR KUSH - f - - ~ - - - - - _ - - - - - ------~1 STATE OF FLORIDA, CnL'\TY OF ST. LUCIE - I HEREBY CERTIFY that on this day, before tae, an officer duly authorized in the State aforesaid and in the County aforesaid to takr acknowledgments, personalty appeared ARTHUR KUSH, a married than to me known to Fx the person described in and who executed the (orcteoinq instrument and he acktwwkdged i before me that he executed the same- t 1~'tl:\ESS my hand and official seal in the Gounty and Statr• last aforesaid this 25th day of . S 4~QSS9 - I t~:D }`i?~ 28 ZQ f";~ Ccmmi,,'cn Ex,.'res ~.ue~z~+ 12/ 1980 ff:EC syr (-rGtitrs" d bT. t11ClE flQ:dT'Li`l A- ~ . fttlGERf t)ITRAS ~ 5lf1bS C~t71T COiAt ' • c-rt~~1'FRier_'h. ~ i0~~~ ~ ~ . _ ~ L• ) ~ Q ` . ~ . %is L,ununr•fd n• ern! h - ROBINETTE G. OOLEY •"••:,;~~4~ID~ Pori St. tu;.i°. E;UtEC3 ,S.:YSO