HomeMy WebLinkAbout0225 and shall perform, ctrmply with a?td abide by each aitd every the agreements, slipulntioris, condiUona and
rnvenants thereof, and of this mortgage, then this mortgage and the s:fate hereby coated, shall cease, de-
termine and 6e null and void.
the mortgagor hereby f
tether 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, ltabilittes, obligations, and encumbrances of every nature on avid pro-
perty; to permit, rnmmit or suffer no waste, impairment or deterioration of said land or the improvemenb
there+cn a! any time: fo keep the buildings now or herrof
ter on said land fully insured in a sum of not less
than highest insurable value
in n company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event any sum of money 6eeomes payable 6y virtue of such tnauronce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, nceottnting
to the mortgagor /or any surplus: to pay all costs. charges, and expenses, Including lawyer a /ees and title
searches, reasonably incurred or paid by 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 6y each and every the agreements. sfipulatioru. eondiltona and
covenants set forth in said note and this mortgage or either. /n ike event the mortgagor faib to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and Ihia
mortgage, or either, the mortgagee may pay the same, without wnivtng or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f trl mte then allotued by the laws of the State of Florida.
any sum of money herein referred to be not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of said
rota and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the enttr~e balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y 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.
~n ~~N`~. ~~~f, the said mortgagor has hereunto signed and sealed these presents the
day and year firs) above toritten.
Sign rrl~ and del' ~ered in the presence of
_
HO{~1ARD C . ~ SELF
MARIE H. SELF
I
STATE OF FLORIDA,
COL'~ITY OF S t. Lucie
I HEREBY CERTIFY that on this day, before me, an
t officer duly authorized in,the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
Ht~IARD C. SELF and MARIE H. SELF, his wife,
to me known to be the persons described in and .who executed the foregoing instrument and they acknowkdRed
Ixfore me that they executed the same.
it'I"I;tiESS my hand and official seat in the County and State last aforesaid this day of
May A. D. 19 80.
4t~61
NOTARY PUBLIC
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