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HomeMy WebLinkAbout1629 . - a--- _ _ • and :hall perform, comply wish and abide by each and every the agreements, stipulation's, eondiltons and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, d~- termine and be null and aoid. ~nd the mortgagor hereby further rnvenants and agrees to pay promptly when due the pNnNpnl and interest and other sums of money provided Jor to said note and this mortgage, or either: to pay all and singular the taxPS, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- ' petty; to pet~[rtil, commit or sttf jet no wastR, impairment or deterioration o) said land or the improvements thereon at any time; fo keep the buildings now or hereof fe? on said land fully insured In a sum of not less ehan its highest insurable value in a company or rnmparties 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 Ital'R the right fo receive and apply the snore to the indebtedness hereby secured, accounting to the mortgagor Jor any srrrpltrs: fo pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly and fully comply u+fth the agreements, stipulations, conditions and cotenants of said note and this mortgage. or either; to perform, comply with 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 mo?t'gagor fails to pay when due any tax, assessmntt, insurance premium or other sttm 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 other right hereunder, and all such pnymenfs shall bear interest Jrom date thereof of the highest law- ful rote then allow+erl by the laths of the State of Florida. arty strm of money herein referred fo be not promptly paid within fifteen days 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 performed, complied with and abided by, then the entire sum mentioned in said Hole, 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•ifhsfanding. Failure by the mortgagee fo exercise any of the rights or options herein provided shall. not constitute a waiver of any rights or options under said Hole or this mortgage accrued or thereof (er. accruing. ~n - ~lbteSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the , day and year fief above a+ritfen. ~ " Signed. s led and "delivered in the presence of 7 ~ , Khalil A. I. Cassimally ~ ~ - - - - ----------------------------------tom i ~ STATE OF FLORIDA, cOt'~TV c~F ST. LUCIE ~ I IIF.REBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared KHALIL A. I. CASSIMALLY to mr known to br the person described in and who executed the iore¢oin¢ instrument and he acknowledged Ixiore me that he executed the same. 3 ~ k~'1"1'~ESS my hand and official seal in the County and Stair last aforesaid this 28th day of ~ December, D. lq 79. 485105 - , otary Public 1980 - ~ P~, 2~ 30 r I ~luo te:~c =:~or~; t: My Cor.~nission expires - St.LUCIE LgUV T Y. i l d. ,p~,ER POITRAS ARK CIRCUIT CCI+R~ ~ Pob~c, SUte of florida at large j ,~{~K~C'R+r ;Lc^•_ _ Caatats•[cp Ez~:res Ott. 19, L.,1 hdd M AMricw rw 3 s.wA Coww~r { ~ •J Y ~ %u hslr„nu•„~ prr~r,rr~! by: VINCENT A. LLOYD, ESQUIRE rff: o ' • ~ ~1JJ,r.3 Post Office -Box 4382 , Fort Pierce, FL 33cc4~~cc50~~ ''%,uq~.~". - _ ~r~:-~~ -