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HomeMy WebLinkAbout0032 and shall perform, comply with and abide by each and every fhe agreements, stipulationi, rnndttions and cotenants thereof, and of this morlgape, then this mortgage and the estate hereby created, shall cease, de- termine and be null and twirl. the mortgagor hereby fwlher covenants and agrees to pay promptly when due the prtndpal and irtterws! and other sums of money provided for to sold note and this mortgage. or either; to pay all and singular the fares, assessments, levies, liabilities, obligations, and encumbrnrtces of every nature on said pro- perty: to permit, rnmmit or suffer no waste, impairment or deteriorolion of said land or fhe improvements fherecn at arty lime; fo keep fhe buildings naur or he?pctjter on said land fully insttr+ed to a sum of not less than Highest Insurable Value in n company or companies acceptable to the mortgagee, fhe policy or policies to be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance fhe mortgagee shall hate the right to receive and apply the same to fhe indebtedness hereby secured, accounting to the mortgagor for any surplus: to pay all costs, charges, and expenses. including lauryer's fees and title searches, reasonably incurred or paid by fhe mortgagee because of fhe failure of the mortgagor to promptly and fully comply with fhe agreements, stipulations, conditions and covenants of said note and this mortgage. or either; fo perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In fhe event the mortgagor falls [o pay when due any fax, assessment, insurance premium or other sum o/ money payable by virtue of said note and this mortgage, or either, the mortgagee may pay fhe same, without wntving or affecting the option to foreclose or any Other right hereunder, and all such payments shall bear internst from date thereoj at the highs:t !aw- fuI rate then allowed by the taus of the State of Florida. i~ any sum of money herein referred to be not promptly paid within 3U day: next a/ler the same becomes dttP, or i f each and every fhe agreements, stipulations, conditions and covenants of said note and this mortgage, or either, nre not fully per/ormed, complied with and abided by, then the entire sum 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 fhe contrary nolwrfhslanding. Failure by fhe mortgagee to exercise any of the rights _or options herein protided shall not constitute a u~airer of any rights or options under said note or this mortgage accrued or fherea f ter accruing. Dn witness ~hereofs the said mortgagor has herpunio signed and sealed these presents fhe day and year first ahotP trrilfen. Si tPd. SPalPll arld dPl11~PlP !n the prPSPI1CP. Of r r Max E. Budz sky 1~y..J.;Y--~~-_.. STATE OF FLORIDA, ) } i COC'\TY OF St. Lucie ` ~ I HEREBY CERTIFY that on this day, before me, an ~ ofiicer dul} authorized in the Stair atorrsaid and in the County aiorrsaid to takr acknowledgmenu, personally appeared MAX E. BUDZANSKY to mi• known to lx• the pr•rstrn drscritxd in and who executed thr forrgoinq instrument and who acknowtedRed . imiorc me that he rxecuted the same. _ t1't7 tiESS my hand anti official seal in the County and Stair last aforesaid this 2nd day of May A. D. 19 80 , , ii•r ~;tn - - 7 ~ • r ~ t. ~ _8 ~ NOTARY PUBLIC t~ = p ' - i lt~t• ht;r_• t = ~~;.;,t ~ M cotmnission ex Tres J ~ ~1 C - Kr.t.uCtE c::uviY.ft a. y P ' ;~j•i; - `RQGER POITRAS - ~`t:~ ~ 'CLERK Clf:;.Ui7 C:Ut,T . f``~' LG.~iD~ k""~''' "'~f'l' - - road(( Notary Pt,bt~c State of Florida at Large My Comm~ss+ac, Expires Aug 6. i9K'1 %us Gturan~~?t prrperr~l ~.y: - ,