HomeMy WebLinkAbout1929 and shall perform, comply with and a61ds 6y each and every the agresrnenta. stlpulafioni. conditions and
cot+enants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall eeatt, de-
te?mine and be null and void.
~ndfhe mortgagor hereby further covenants and agrees to pay promptly when dw the principal and
interest and other stuns o/ money provided for in said note and this mortgage, or either: to pay all and
singular the taxes, assessments, levies, liabtlittes, obligations. and encumbrances of every nature on said pro-
perty; to permit, commit or suffer no waste, impairment or deterior+atton of said land or the• tmprovemenb
thereon at a?ty lime; fo keep the buildings now or herraf ter on said land fully Insured in a gum of not less
than n i 11
in a company or companies acceptable to the mortgagee, ihs policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money 6ernmes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the cams to the indebtedness hereby secured, accounting
to the mortgagor for any au?plus; to pny all costa, charges, and expenses. including lawyers fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the failttre of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; fo perform, rnmply with and abide by each and every the agreements, stipulations, conditions and
covenants set jarfh 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 of money payable 6y virtue. of -said note and this
mortgage, or either, the mortgagee may pay the same, without wnfufng or ajjecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof of the highest law-
jul rate then allowed by the laws of the State of Florida.
~l any sum of money herein ref
erred to be not promptly paid within t h i r t q days next of
ter
the same becomes dtte. or ij each and every the agreements, stipulations. conditions and covenanb of said
note and this mortgage, or either, are not jolly petrjormed, rnmplted with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, bernme and be due and payable, anything in sold note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise nny 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 ~t~~SS ~he~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signe~sealed and delivered in the presence of : .
~
~r_ i GEORGE FROEHLICH, JR.
----j--
...................J.-...-..~
STATE CAF FLORIDA,
c~t_'~'I'Y OF Palm Beach
€k I HEREBY CERTIFY that on this day, before me, an
i officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
GEORGE N. FROEHLICH, JR.
g to me known to be the prrson described in and who executed the foregoing instrument and whU acknowledged
Ixforc me that h e executed the same.
ti~'I7'1~iESS my hand and official seal in the County and State last aforesaid this ~ 2th day of
t ~dy A. D. 19 8 0 _ - _ _
' ~ ~ ~ `
s ~ NOTARY LIC ~ •.:y;{ ~~?~~'`i~j
1 ~ • • ' fir. '~'f.t'. ~ rs. 1
? MY COMMISSION EXPIRES : `~t: ~fi
.y, )1 ~~r y-;- i .+r ti' ,")w .f 1'~'-, ~ 1rA•f i.o ~,'1' ' ~s
Y,. r1- -b~J
ST.LUCIE COUNTY.FI A. "+~'~?`i++'-'
~ RQGt:R POITRAS
- CtEttK Ci7tW1T CGU T ~
I'i t<<t3 ti'f RtF'f' _
- 1 %ris h~urrmi~~f~ prrparr r1 h y:
~~,,~,r-u ~ 3~1 P~19~8