HomeMy WebLinkAbout1194 • ;
and shall perform, comply with rend abide by each and every the agreements, atipulattons, eondifIons and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby orated, shall cease, de-
termine and 6e retell need twirl.
the mortgagor hen+by f
urfher covenants and agrees to pay promptly when dw the principal and
inte?esl and other sums of money provided for in said note and this mortgage. or either: to pay all and
singular the taxes, assessments, levies, liabilities, oblfgattons, and encumbmnees of every nature on raid pro-
perty: to permit, rnmmit or auf
jer no waste, impairment or deferiorotivn of said Iartd or the improvements
thenecn at any time; Jo keep the buildings now or hereafter on said land fully insured to a sum of not Less
than
to a rnmpany or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the
- mortgagee shall have the right to ?rceive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor (or any surplus: to pay all rnst:, charges, and expenses, including lawyer's fees and title
searches, reasonably incttt~retl or paid 6y .the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: to perform, comply with and abide by each and every the agreements, stipulations, rnndifions and
rnuena?tls set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessmntt, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or eillter, the mortgagee may pay the same. without waiving or affecting the option to jorecbse
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
fttl rate `then allowed by the laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid within "30- days next after
the same becomes due, or if each and Avery the agreements, stipulations, conditions and covenants of said
note rend /his morlgoge, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jorfhwtth or
therenjter, at the option of the mortgagee, become and 6e due and payable, anything in avid note or herein
io the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or optioru herein
provided shall not constitttle a waiver of any rights or options under said note or this mor[gnge accreted or
thereof ter accruing.
~n ~heeeuf, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sealed and delitsered in the presence of
HEN K R
- `ham
1'XA~Y--- --t~tJ T~~-------------------
- -----------~J-
STATE OF FLORIDA,
COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this day, (afore me, as
officer duly authorittd in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
HENRY J. KURTZ and MARY A. KURTZ, his wife
to me known to be the persons described in and who executed tht foregoing instrument and they arknowkdsed
before me that theyeaecuted the same.
WITNESS my hand and official seal in the County and State last aforesaid thu ~~J' day of
April A. D. 19 $0.
Notary Public -State of Florida
I9~0 t~~R 29 t'f; ~ ~ 3 at Large .
- My Commission Expires: (p
ST.tUC1E CGU~TY.ft A. - - ,
CIERt( CI?.WITr.-;ii, ~~.•t`;= ' .
_
~ e \'rn cif
This Instrunlc~d prepared by: f ; - ; ~ ~
: ;Qr~y -
- -
Fit Fj.f~. ~;~330 ~~1187 ~
-~.v w ~ - - - - - - _