HomeMy WebLinkAbout0986 _ _ ____.,Y...._...~..___._ _ - - - -
and shall perform, comply with and abide by each and et+ery the agreements, tttpulalioni, eo?tditfata and
eot?enanta thereof, and of this mortgaps, then this mortgage and the estate hereby created, ahaU cease, d~-
te?mine and be null and void.
the mortgagor heroby /uriher covenants and agrees to pay promptly whey dw the principal and
interes! and other turns of money provided. for in said note and this mortgage. or either; to pay all and
singular the fazes, assessments. levies, Uabtltties, obligations, and enctunbr+atees of every nature on said pro-
perty; to permit. commit or suffer no waste, impairment or detertorafton of raid land sir the improvements
(hereon at any time: to deep the buildings now or herenjter on said land fully insured to a stun of not lest
than hlgheat lnsu>cable value.
in a company or companies acceptable to the mortgagee, the policy w policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by Wrtue bj tuck tnsttrance tht
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any swplus; to pay all cosh, charger, and expenses, including lawyer a fees and title
searches, reasonably incttrred or pnid by the mortgagee because of the jailttro of the mortgagor to promptly
and fully rnmply with the agreements, stipulations, condittoru and covenants of said note and this mortgage,
or either; to perjo?m, comply with and abide by each and every the agreements. stipulations. conditions and
rnvenanta set forth in said note and thL mortgage or either. In the event the mortgagor jails to pay when
due any tax. assessment. insurance premium or other rum of money payable 6y virtue of said- note and this
mortgage, or either, the mortgagee mny pay tl~e same. without waiving or affecting the option to foreclose
or any Other right hereunder, and all such payments shall bear interest j%m date thereof at the higheat law-
(ttl rate then allowed by the laws of the State of Florida.
any sum of money herein referred to 6e not promptly paid within THIRTY dnys next after
the same i~ecomes due, or tj each and every the agreements, stipulations. conditions and eovenanb of raid
note and this mortgage. or either, are not fully performed, complied with and abided 6y, then the entire
stun mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jorlhwith or
thereafter, at the option of the mortgagee, become and be 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 a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
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~n ~hertof, the said mortgagor has hereunto signed and sealed there pretenb the
day rend year first above written. _
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Signed. sea and deliver the prese~e o : ` /
Wi s ;~Rdw / Santo
Witness Patricia A. Santos
I
E
I STATF. OF FLORIDA,
COUNTY OF •~~U' ~ ore me
~/ZCu1 I HEREBY CERTIFY that on thu day. bet , an
officer duly authorized in the State aforeuid and in the County aforesaid to take ackrwwledgments, pcrsonaUy appeared
Edward J. Santos tr Patricia A. Santos, his wife
to me known to be the person g descn'bed in aad who a:ecuted the rorrgoing instrument and who acknowledged
before me that they executed the same.
WITNESS my band and official seal in the County and State last aforesaid this ;ICJ a~ day o[
A. D. 19 80 . _ ~ ',tit ~ `~'L=7s
~ ~
r -
NOTARY PUBLIC ' k Os~`~ "
5 r5~o air; ~ ~ ~a:,.:~ ~•~-~R.-
MY COI~iISSION ERPT~' ~
S1.LUCIE CC.;Iir,Ft~1. xK.
ROGER PCITfiAS . ~ ~ i. t„~ ~
19LE+~!(ClitCll:; t:c
~ Rccee;. , f^?. tf :1_-- 8~iifE ~~ii4;tHa of f(ori6a at largt.
~~laission Expiry Sept. 19, 1980.
484'752
_ ~~h8p ~ArN~,~~N-
PREPARED 9Y: UAKHI~i~i `~Cpll?ANY
CHELSEA TITLE & G
8000 S. U. S. 1, PORT sT• LUCIE. FLORIDA "WHiC
Tliu hwrumcn[ pnprrrr~! by:
CIDENTA L 70 TH8
A~Idra~r INSTRUMENT WAS p{~EPARED 1:3
WRITING OF A TITLE {NSURANCE POLICIC_=
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