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HomeMy WebLinkAbout0749 and shall perjorm, comply tutfh and abide by sock and every the agreements, stipulations, conditions and covenants thereof, and of this morfgalfs, than ilia mortgage and the carats hereby croatsd, shall cease, de- termine and b. nttll and twirl. the mortgagor hereby further covenant: and ogress to pny promptly when dw the principal and interes! and other sums of money provided for in said note and this mortgage, or either: to pay all and singular the taxes, assessments, levies, liabtlittes, obltgafions, and encumbtnrtcea of every nafttre on Laid pro- perty: fo permit, commit or suffer no waste, impairment or deterioration of avid land or the improvements thprecn at any time; to keep. the buildings now or hereafter on acid Land fully insured to a stun of not less than the highest insurable value. in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and to the event any stun of money becomes payable by virtue of stub instuance the mortgages shall have the right to rereivs and apply the tame !o the indebtedness hereby sectu+ed, accounting to the mortgagor for nny surpltts; to pay nil costa, charges, and expenses, including lawyer's Jess 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, atipulattona, conditionu and covenants of said note and this moregnge. or either. fo perform, comply with and abide by each and every the agresments. atipulatfons, conditions and covenants set forth to said note and this tnortgags or either. In the event the mortgagor falls to pny when due any tax, assessment. insurance premium or other stun of money payable by virtue of said note and Chia mortgage, or either,. the mortgagee may pay the sane, without waiving or of fecfing the option fo for+tcloss or any other right hereunder, and all such paymenb shall bear interest from date thereof at the highest lnw- f ttl mfe then allowed by the laws of the Slats of Florida. ~l any sttm of money herein re/erred fo 6e not promptly paid within thirty Jaya next of ter the same 6ernmes due, or if each and every the agreements, stipulations. conditions and covenants of said Hots and this mortgage, or either. are not fully performed, compiled with and abided by, then the entire sum mentioned in said note. and thin mortgage, or the entire balance unpaid thereon, shall forthwith or hhsreafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein . provided shall not constitute a waiver of any rights or options under saic~~tole w flits mortgage accrued or thereafter accruing. ~Il ~l~1itSS ~~t~'EOf, the said mortgagor has hereunto signed and sealed these presents the day and year just above written. Signed. sealed and eliv in the presence of : ~ - ~l-GC~~-•--•=--~ CENDEJAS I STATE OF FLORIDA. COUNTY OF ST. LUCIE ~ I HEREBY CERTIFY that on this day. before me, an f~ officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared s DANIEL L. CENDEJAS and MARTHA CENDEJAS, his t~rife I to me known -to be the persons described in and who executed the fore~oinr; instrument and they acknowkd~ed before me that they executed the same. WITNESS my hand and official seal in the County and State last aforesaid this It3t • day of f July A. D. 19 80 o - i ~ f . Notary Public ;5?~ ~ .:~"hU; 1960 JtA -3 ~ ~ 57 ( ' . G ~ A R Y _ FK[t+ sMt Ft t: stir` u Rf)f31:RPOITRAS My commission expires: I ss° ~ CLNiIt CiNCUIT CQ~Ri ~~G.~ ~ Eft) "10~~''~~~. Nbt~fy ~DtiG etfttA it ~ 1a i! la~tgl E ~~~01 My taatnfii~:ibd 6lgfiiYi ~ ~ i 17iis hulnunfirl prrparrd by: ~~~x~34 X49