HomeMy WebLinkAbout0898 and shall perjo?m, comply with and abide 6y each and every the agretrrtents, stipulntloni, condtttorts and
covenants thereof, artd of Ihis mortgage, then this mortgage and the sslnte hereby created, shall cease, d~-
fermine and 6e null and raid.
the mortgagor hereby further covenants and agrees to pay promptly when dw the principal and
interest and other sums of money provided jor to said note and fhb mortgage. or either: to pay all and
singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; fo permit, commit or stiffer no waste. i.~+pairment or deferiorolion of said land or the improuemenb
Iherecn at any fintP; to keep the buildings now or hereafter on said land fully insured to a aum of not less
than highest insurable value
in a rnntpany or companies acceptable fo the mortgagee, the policy or policies to be held by, and payable
lo, said mortgages, and in [hs Prent arty sum of money becomes payable by virtue `Qj such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aceounling
fo the mortgagor jor nny sttrpltrs; to pay all costs, charges, and expenses, including lawyer's jeea and title
searches, reasonably incurred or paid by the mortgagee because of the jailors of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and covenants of said note and fhb mortgage.
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants 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 of money payable 6y virtue of sntd note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right herPttnder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate then allowed by t?tP laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid within 30 days next after
the SOMP bPCOmPS due, or i( each and erPry the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not jolly performed, complied with and abided 6y, then the entire
sum men(:c:ted in said riots, and This mortgage, or the entire 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 rtottuithslanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not cortstittrtP a «~airPr of any ?ights or options under said note or Ibis mortgage accrued or
thereafter accruing.
~n witness ~heCeof, fhP said mortgagor has herPttnto signed and sealed these presents fhP
day and year just alwvP tvrillen.
S~ t1Pd. Sealed arld dellt~Pr •n f11P prPSPItcP Oj:
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L..... _
l STEVE T . I~[EYER
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STATE OF FLORIDA,
COt'\TY OF St. Lucie
I~ I HEREBY CERTIFY that on this day, before me, an
I officer dole authorised in thr Starr aforesaid and in the County aforesaid to take acknowledgmrnts, personally appeared
i
STEVE T. MEYER
to m:• known to Fx• the person :?euribed in and who executed the foregoing instrument and Who acknowledged
before mr that he executed the same_
- ~\'I"1XESS my i:and and official seal in thr County and State last aforesaid this ~ 1 day of
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a . , a, ~ ,~BLIC
' ~ d I . LUCIF ~f~~ t'v47.'v
. t~ •+r'a. CLEnK t'LtC;lt; tr- My cot~ission expires:
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