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HomeMy WebLinkAbout2126 • ~ _ - - _.~__~___.r.*......-- • and shall perform, rnmply with and abide 6y each and every the agreements, sttpulafton's, cnnditions and rnrenants ths?eof, and of this mo?lgape, then this mortgage and the estate hereby created, shnll cease, de- termine and 6e null and told. the mortgagor pert+by jwther covenants and agrees to pay promptly when dw the principal and interest 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, obligations, and encumbrances o/ every nature on said pro- pe?ty: to pe?mil, commit or suffer no wwle, impairment or deterioration of said land or the tmprovemenb iherecn al any time; to {reep the buildings now or hereafter on said Land fully instu+ed in a sum of not less Than -------------------FULL INSURABLE VALUE------------------------------------- in acompany or rnmpanies acceptable to the mortgagee, the policy or policies fo be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the righ! !o receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; fo pay all costs. charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and jolly comply with the agreements, stipulations, rnndttions and covenants of said note and this mortgnge, or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and rnuenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum o/ money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, wIthouf waiving or affecting the option to foreclose or any other right herewtder, and all such payments shall bear Interest from date thereof at the highest law- juI rate `then allowed by the laws of the State of Florida. a?ey sum of money herein referred fo be not promptly paid within THIRTY days next after the same becomes due, or i f 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 6y, then the entire sum mentioned in said note, and this mortgage, or flee entire. balance unpaid thereon, shall forthwith or thereafter, of the option of the mostgagee, become and 6e due and payable, anything in said note or herein to the contrary nolu~ilhstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiter of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~itneSS. thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, sealed and delivered in the presence of • S R. RUNCIMAN ~ • PAMELA RUNCIMAN _ I STATE OF FLORIDA, COL'\TY OF $T. LUCj~ ,1 HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared JAMES R. RUNCIMAN and PAMELA RUNCIMAN, his wife to me known to F?r the person S described in and who executed the forr¢oinq instrument and they acknowledged txfore me that they executed the same. ~~'IT\ESS my hand and official seal in the County and State last aforesaid this 2nd day of May A. D. 19 ~ • ' ` Q t~5426 - (980 FiAY -5 FN ~ 18 Ivy Commiss;on E~Fisc~ A~~go;t ~ 2,1980 . . FItEQ ANft t•f~CU!fi:: 0 St LUCIE CCtiitTY.iIA, J • . - I~OG<;R Pt3tTRAS CLERK CIRCUIT COURT ` V { t'~ c - _ i' - _ c, - ~1~ ROBINETTE G. OOLEY - ,,,r.~at •r.;,s rrepared by' F+~;• ~.rne~:car Tina Company T/~u I/utrrM/PIl/ prrpnrrd try: ,a L;u~ ~,cumy, fr,c. f' FJ i~ ~ U S Highway (!R Ar/i~n~s i~: ; . S1 : ~cie. Ftonda 33x50 Br]OK e` e~ PdGE