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HomeMy WebLinkAbout1374 1 and shall perform, ~qx with "and ,abide 6y each and every the ognemenb, stipulations, eortditions and cownants thereof, and of 1h4 morggoge, ehen this mortgage and t?te estate hereby crested.:haU cease, de• tennine and be null oral void. flan mortgagor hereby juriher covertanb and eg?ees to par promptly when dw the principal and interest and other sums of money provided for in said note and f?tls mortpoge. o? either: to par all and singular the fnxea. aueumenfs, 4trles. liabilities. obllgafions. and encumbrances of every Wotan on said pro- perly: to permit. eorrtmit or suffer rw waste. intpalrmenf or d~terior+ation of said land or the improwmenb therrort at any time; to peep the butldtrtgs rtow o? herrajte? on said 4nd juUy insured in a sum o/ not 4ss chore its full insurable value in a eompnny or rnmpnnies atxeptab4 to the wsortgogee, the policy or policies to 6e held by, and poyab4 to, said mortgagee. and to the event any sum of twoner becama payab4 by virtue of such insurance the mortgage. shall bane the right to receive and apply the same b the indebtedness hereby second. aeoounttrtg fo the mortgagor jar any surplus; to par all cosh, charges. and expenses, including lawyer s fees and tif4 searches. nswona6ly incurred or paid 6y the mortgagee becaues o/ the jdtun o/ the mortgogor to promptly and jolly comply with the nArrewter?fs, sttpulettoru, eortditiorte and c~ownanb o/ sold not. and thu mortgage. a either: to perform, comply with and abide 6y each and awry the agreements, stipulations, conditions and covenants set jorlh to said note orsd this mortgage or either. /n the event the mortgagor jaib eo pay when due any tax, assessment, iruurartoe premium or other sum of money peyab4 by tdrtue of said note and this mortgage. or either. the mortgagee mar prey the sam.. wiehout waivtrtg or affecting the option eo foreclose or any othe? right hereunder, and nU such payments :hall bear interest /ram date thereof nt the highest law- f ul rate lhen allowed by the 4ws of the Since of Florida ~l any even of money herein n(enrd fo be not promptly paid within 30 days next after the same becomes due, or if each and every the agreements, stipulations, conditions rend eovertnnts of said note and this mortgage. o. etcher. are not fully performed. complied with;~and abided by, then the entire sum mentioned in said Hole, and ibis mortgage. or the entire balance unpaid thenron, shall forthwith or thereafter, nt the option of the morttaoe«, become and 6e due and pnyn64, anything fn sold note or herein to the rnnfrary notwithstanding. Failure by the mortgagee to exercise any of the .igha a options herein { provided shall not rnnstittrte a waiver of any rights or options under said note w Ibis mortgage accrued a thereajfer• amutng. ~n ~ the said mortgagor has hereunto signed acid sealed these presents the i ~ day and yea? first nbot•e written. Signed,` sealed and deliterrd in the presence of F ~N _ f As to bot3~ Veljk Orlc - -.!rl... As to both es an M. Orlic, his wife M STATE OF FLORIDA, cotn~TV OF ST. LUCIE ~ I HEREBY CERTIFY that on this der, before me, sa E t officer duly authorized in the State aforesaid and in the County aforesaid to take ackoowledaments, persooaUr appeared Veljko Orlic and Joan M. Orlic, his wife • ~ to me known to be the persons described io and who txecuted the forcaoirg instrument and Who acknowledged I before me that y executed the same. the ~ WITNESS mr baud and oificis~ sea[` in the Counq and State last of td this 7 ~ J' ~ `;v; July, A. D. 19 g0. ~ ~ ' ---.~~w _ 492081 Notary Publ ' , _ _ - ~v My commies ' expires : w AQ "r°c MY VV ~M f~IJtl~ SA1E t~ ~ AT l/~ 0 RNO ~ ~M ~~S ~ 6 ytJp a~4c l ~ . ~ar~s <xcrac i REt;'ORf 4'EBIF~9~~-------- "17iir Irwnueat prrpr„rd by: R.. N. Robleqard, III, Esq. P. O. Box 1000 Addrru Ft. Pierce, FL 33450 gtt~~4 P4GE1e~~ r ~--~~..~.a - -