HomeMy WebLinkAbout0679 and shall perform. comply with and abide by each and every the agreements, stipulations, conditions and
covenants Thereof, and of this mortgage. Then tht: mortgage and the eifafe heroby created. shall cease, ds-
fe?mine and be null and uaid.~~
fhp mortgagor hen~6y further covenants and agrees fo pay promptly when due the principal and
interrrsf and other sums of monetr provided for in said note and this morfgnge, or either; to pay all and
singular the faxes, assessments, levies, liabilities. obligations, and encumbr+ancea of every nafuro on said pro-
pe?ty: fo permit, rnmmit or suffer no waste, impnirrrtenf or defertorafion of said land or the tmpronemenfs
thereon at any lime: to beep the buildings now or hereafter on said Land fully insured in a sum of not feu
than X20,000.00 in fire and windstorm insurance
to n company or eompnnies acceptable fo 1he mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such t?uurartce the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jar any surplus; to pay all rnsfs. charges. and expenses. including lawyer i fees and title
searche:. reasonably inctured or paid 6y the mortgagee 6ernuse of the failure of the mortgagor to promptly
and fully rnmply with the agreements, stipulattoru, eonclltions and covenants of said note and this mortgage,
or either; to perform, rnmply with and abide 6y each and every the agreements. stipulations, conditions and
covenants set forth in said note and this mortgage or eIlher. In the event the mortgagor fails fo pny when
due any tax, assessment. insurance premium or other sum of money payable by virtue of said Hole and this
mortgage. or vi!I~a.. !ham z!!or!gag~ •n••y My the same, without tuaivtng or of
fecfing the option to foreclose
or any other right hereunder, and all fuck payments shall .bear interisi fco,-...,uiv iirPeSf ui i.ie .iitjtirSt iuiai- i
lul rate then allowed by the laws of the State o/ Florida. I
any sum of money herein refer?ed fo be not promptly paid within ---20--- days next after
the same becomes due. or ij each and every the agreements, stipulations. conditions and covenants of said
note and Ibis 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 notu+ilhstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a u+aiver of any rights or options under said note or this mortgage acrnted or
thereafter accruing.
~n ~t~eSS ~hertof, the said mortgagor has here)tnto signed and sealed these presents the
day and year firs! above u+ritlen.
Signed. se led an delit+ered in the presence of
- - - - - - . - .....X,.--~. -.c..-~.. t~
- - - ~1~iq.~,.. 7~?-- - - - ~
STATE ()F FLORIDA.
COL QTY OF St . Lucie
I HEREBY CERTIFY that on this day. before rnq an
otticer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Ronald L. Troesch and Mary i~. Troesch, his wife
to me known to be the person S described in and who ezeruted the toregoinq instrument and they acknowledsed i
before me that theyexecuted the same. _ tF
~t;IT\ESS my hand and oiticia) seal in the County and State last aforesaid this 15th:;'`' •~~'"'.~'.1(u of
August A. D. 1980 , _ ~
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F.A.Harris
' %%is Ins~nnnni~ pnPnm! !y: 410 Orange Ave . ~
• 1~~~/>r~~ Fort Pierce , Fla.