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HomeMy WebLinkAbout0064 . and shall perform, comply with and abide 6y each and n+sry the agreements, sltpulofloris. conditions and cvvenants thereof. and of this mortgage, then this mo?fgage and the estate hereby created, shall cease, de- termine and 6e null and twirl. the mortgagor Ilervby lwther 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 tither; to pay all and singular the lases, assessments, levies, ltabtlIftes, obligations, and encumbrances of every nnlwe on :aid pro- perty: fo petrrttt, commit or suffer no urasfe, impairment or deterioration of said land or the improvements therecrt a~uYyl firitP: to keep the buildings now or herPaf ter on said land fully inswed in a sum of not feu than Insurable value. in a company or companies acceptable fo 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 inswance the mortgagee shall hale the right fo rPCPIVP and apply the same to the indebtedness hereby sectored, accounting to the mortgagor for any stlrpltts; to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred. or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply urith 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, stipulations. rnnditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money payable by uIrfue of said note and this mortgage, or either, the mortgagee may pay the same, urifhoul waiving or affecting the option to foreclose or any other right hernunder, and all such payments shall bear interest from date thereof at the highest law- ltll rate tlten allotuetl by the laws of ihP State of Florida. ~l any sum of mwlPy herein re(Prred fo be not promptly paid within 30 days next niter 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 jolly performed, rnmplied with and abided by, then the entire sum menlionPd in said note, and this mortgage, or the entire balance unpeid thereon, shall forthwith or thereafter, at 1hP option of the mortgagee, become and 6e due and payable, anything fn said note or herein fo the contrary nohvtthstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute n waiver of any rights or options ureder said note or this mortgage accrued or fhereaflPr accruing. ~tfI1tSS whereof, t?IP sAirl mArlgngAr IIAS IIPrPllntO SiQnPd and Sl'alPd 1hPSe presenlS 1hP day and year first shove written. i $ignPd, sealed and deliverncl in IhP presence of rd V~. R h i - . _ . _ . - S"t:ATE ()F (~111SCOIISln i COI'\T1' OF R3C1IIe I HEREBY CERTIFY that on this day, before me, an officer duh• authorized in the State aforesaid and in the County aforesaid to take acknowledgmcnu; personally appeared RICHARD V. RROGH and SUSAN J. KROGH, his wife - i to mr known to fx. the p!•rson described in and who executed the foRgolnq lnstrumegta~t~ t- 8- j i+efore uu• that they executed the same. ~:~~,ys 4 ~~'I"I \ESS my hand and official seal in the County and State last aforesaid thi}Y- ~ E. • pis' /Y~~_ . i . ~ - ~ _ a ~y--Public---- ~~ie C.''Ma~r• ~ I~~~ ;;p•'; 28 z: li$ collmmission expires May -•1981 ` ~q t.. Sr LL.ii: CLJtiiY.fl A. r RQGEFI pCl7RrtS C:._~it CIR~UIi C"4tin ?3 4H~i'82bi `/%u~ /rslnrn,f,rl ~nprrrr,/ by:HarOld H. Goldman, Esquire 1 .-1JJrres 8028 South Federal Highway g0~~~ P1hE Port St. Lucie, Florida 33452 -~~t~=