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HomeMy WebLinkAbout0261 and shall prrfarm, comply u~ifh and abide 6y each and every the agreement, stipulallo?is, conditions and crn~rnanls lhrrnoJ. and aJ this mortgage, then this mortgage and the PstatP hereby crPatPCI, shall cease, de- IP?minv muI hP null and void. i<in~ IhP mortgagor Itrrc~hy Jtalhrr covenants and agrees fo pay promptly when due the principal and irtfrrnsf a?td oilier sums of mo?try provfrlPd for to said note and this morlgage, or Ptlher: to pay all and si?tgirlar the fa.rrs, assrssrnrnfs, levies, Ital,ililirs, ohliffaliorts, and encumbrances of every nnltcre on said pro- perly: fo permit. commit or suffer no waste, impairment or deterioration o/ said land or the improvements lhrrnen of arty lime: fo Irrrp Ihr buildings now or hrrna(f~r on said land fully insured iii a sum of not less than FULL insurable value in a company or companies acceptable fo the mortgagee, IhP policy or policies to be held by, a?td payable fo, said mortgagee. and in Ihr event any sum of money becomes payable 6y virtue of such insurance 1hP mortgagee shall Itavr Ilte righ! to rrc•rivr acrd apply the same to the Indebtedness hereby secured, acrnunting to flir nrorlga{tor Jor any s?crplirs; to pay all costs, charges, and expenses. Including lawyers fees and title srarclirs. rnasonrbly incrirred or paid by the mortgagee bPCatue of the failure of the mortgagor fo promptly and fully comply tuilh the agrermruls, stipulations. conditions and covenants of safd Hole and Ihis mortgage, or ritltrr; to perform. comply tuillt and al,icle by each and every !hP agreements, stipulations, conditions and corrnanls set Jor1h in snid note and this morlgage or either. In the event the mortgagor /ails to pay when due any fa.r, assessment; insurance premium or other sum of money payable by virtue of snid Hole and this mortgage, or Pilhrr. Ihr mortgagrP may pay the same, without waiving or affecting the option to foreclose or any other ri~fht ?trrnundrr, and all such payments shall Lear interest from date thereof at the highest law- f ul nilr Ihrn allotred 6y Ihr la+vs of Ihr Sfafe of Florida. DL any sum of monrv herein rv~rrrrd fo bP not promptly paid within thirty days next after fhr same brromrs due, or if each and Perry fhP agreements, stipulations. conditions and covenants of said note and this morlga~fv, or rillrer, are not fully performed, complied with and abided by, then the entire sum menfiortrd in said rrolr, a?td this mortgage, or fhP entire balance unpaid IhPrPOn, shall forthwith or ' fherPafter, of fhr optio?t of Ihr mortgagee. becOmP and bP due and payable, anything in said Hole or herein to the contrary noluafhslanding. Failure by the morfgagPP to exercise any of the rights or options herein providrel shall not constihrfe a waiver of any rights or options under said note or this mortgage accrued or fbrrnahrr accnrinff. THIS IS A EALLOON MORT6A6E AND THE FINAL PA ~n witness thereof, fl,r Said~~ g s rlay arrrl year Jirsf al,ot~e tUriftPrr. T06ETHER WITH AC:CRUEO INTEREST, IF ANY, AND AD ANCEMENTS MADE BY MORT6A6EE UNDER Signed sealed mid drlivernd in the presence °fER sI~/~(/~~ ~S MORT 6 O 'vae r H[ ..,~5 s an _ _ - - - - - . . - - - --tom Son M. Schlesselman I • STATE OF FLORII):1, COl'~TY (~F $t. Lucie ! I HEREBY ,CERTIFY that on this day, before me, an i ~ officer duh• authorized in the Stair aforesaid and in the County afon•said to take acknowledgmenu, personally appeared . ! OLIVAER H. SCHLESSELMAN and SONYA M. SCHLESSELMAN, his wife to rnr known K. he• the p~-rsonS described in and who executed the [oregoinq instrument and they acknowledged Ix•fon• r.:r that they executed the carne. l ( ~~'17 HESS rm- hand and offirial seal in the County and Stair last aforesaid this day of D. 190 i f c~ C _...y • r~uL~. sG ~ e~•1'r 4 i ~ ~ ~ : qv' ' NpRAR~?wJ11JC STAB ~ e~F ~ ~ 19fi0 AUK -5 ILkI 01 ~ vta~~,.. s ~ FtLEO EH0 qr ST.IUCIE CCIFtt Y F A. 8.~~g0 ' ROGER PQRRAS CIEttK CWCUIT COi1RT artgt:p YEa!f-:tr, _ •/%rt hulnanral pa1nar•J by'HAROLD H. GOLD:~IAN ~ ;lr/~1~i~ts Attorney et Lew ilR i 8c2a 5, Fcd3ral Hig!tway (fb~~ PA6E Port St. Lucid, FL. 33:52 - _ . _