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HomeMy WebLinkAbout2391 and :halt perform, comply with and abide 6y each and awry the agrwntents, attpulatioris, condtttoru and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shag cease, de- termine and 6e null and void. the tteoregogor hereby f ureher covenants and ogross to pny promptly when dw the principal and interest and other awns of money provided for in said note and this mortgage. or either; to pny all and stngulnr the taxes, asseuments, levies, Itabilifies, obligations. and enctunbnartees of every natttre on said pro- perty; fo perm!!, commit or suf jar no wosfe. impairment or deterioration of :aid land or the improvements fherecn at any lime; to deep the buildings now or hereafter on said lnnd fully insured in a stun of not less than N~A in a company or rnmpanies acceptable to the mortgagee. the policy or policies to be held 6y, and payable to, said mortgagee. and in thR event any sum of money becomes p~:yable 6y virtue bj such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting to the mortgagor for any surplus: to pay all costs. charges, and expenses. including lawyer i fees and title searches. reasonably incurred or paid 6y 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. stipulations. conditions and covenants set forth in said note and this mortgage or either. 1n the event the mortgagor !alb 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 waiving or of f acting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- lttl rate then allowed by the laws of the State of Florida. any sum of money herein referred to be not promptly paid within t~1~.rty days next after the same becomes due; or ij each and every the agreements. stipulations. conditions and eouenanfs of said acts and this mortgage, or either, are not fully performed, complied 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. become and be 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 constitttte a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~itneSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year just above written. Signed. sea and delivered 'n the presence of : P~rShip - ---------5-:---Pbwr~rs - t STATE OF FLORIDA, COUNTY OF / ~'y~apryRo~ I HEREBY CERTIFY that on this day, fxforc tae, as officer duty authorized in the State aforesaid and in the County aforesaid to take ackoowkdgments, personaAy appeared AKi'Ei[lR S . PO4~ltS , a partner of Goldpower Associates , a Partnership, to me known to be the person described in and who as;ecuted the foregoing instrument and he acknowkdsed before me that he executed the same. WITNESS my hand and official seal in the County and State last aforesaid this day o[ Ma}i A. D. 19 ~ . - - r- ,k - Public-------------------------------- 1980 JUN i a PN 1~ 15 r"-Y i~pires ~ F EO iiNG RECt#i•Gt tl NOTAtY HUTII C STATE Of fLAR10A AT tJ1~ sT~~uciE cotktrY if s. MY co,~,u~ISSroN ~vlais,~ur .lta i9at- : - . . RQO'ER POITitAS ~p THW GENERAL Iti~. tlt~f~WR CLERK CIRCUIT CO T , . . ; 1• ~7 ~ /fir 489154 r, . - 'I'/iis Irtslrumrnl prL?parrd by: A, Parupia ~'~.e ~ . f ~wyere Title Ins . Gorp . r S j j ; t ~ .u` Address 9999 S. U. S. 1 (1 • . Part St. Lucie, Fla. 33452 ~~~~4 ~ - - - - ~ - rr;~ -~P~. S ~ ~M^r -