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HomeMy WebLinkAbout1601 < and shall pert orra, comply with and abide by each and every the agreements. ,tfptilatroni, cortditlons and eot~ertanb thereof, and of this raortgape, then this snortgoge and fire estate hereby created, shall ceose, de- terrain. and 6e null and void. . tits morlgagor hereby further eoeertanls and agn.. to par promptly when dw the principal and interrsl and other sums o/ money provided joy in Bald note and fibs mortgage. or etth.r; to pay all artd singulo? the taxes, assessments. levies. Ilabilities. obligations. and encttmbrartces of every nature on said pro- perty; to permit, commit or suf fe? no tussle. ltttpairrttettt or dterior+atton of said land o' fire irnprowmenta thereon at any time: to deep the butldtngs~rtow a h«eofter on said land frilly lnsurwl to a sum of not less than highest insurable value. - tn a company o? companies acceptable to the mortgage.. the policy or policies ro 6e held 6y, and payable fo, said mortgagee. and in the event any ,tun of money becomes parabb 6y virtw bf such insurance the _ mortgt~ee shall haw the right to receive and apply eke same to the indebtedneu lterr6y secwrd• acoottntirsg . to the mortgagor for any surplus: to pay all ewts, chargts, and expenses. including lawyer i fees and title searches, reasonably Incurred or paid 6y the mortgagee becntuie of the failure of the mortgagor to promptly and fully comply with the agreements. stipulations. conditions and cownanb of said note artd this wtwtgage. or either: to perform, comply with and abide 6y each and every the agrwmtrtts, stipulations. taondtttorts and eovenanb set jorih to sold note and this mortgage or either. In the event the mortgagor falls ro pay when dtu any tax. auessment, inatu+ance premttun or other stun of money pnrnble 6y virtue of said note and thta morfgagt. or either. the mortgagee mar par the same. without waiving or affecting the option ro for+edose or any other right hereunder, and nU stint parmen4 shall bear interest f?om date thereof at the highest law- f uI ?afe then allowed 6y the laws of the Sfats of Florida. any sum o/ money herein referred to be not promptly paid within thirty dari next sffer the same becomes due, or if each and every the agreements, stiptslafions. eortdittons and covenants of said rota and this mortgage, or either. are not )ally performed. eomplted with and abided. 6y, then the entire stun mentioned !n said note, and this mortgage. or the entire 6alana unpaid thereon. shall forthwith or thereafter nt the option of the mortgagee. become and be dw and parnbb, anything in said note a herein -to the cnnf?ary notwithstanding. Failure 6y the mortgagee to exercise any of the rtgha or options herein provided shall not constitute a waiver of any ?ights or options under said note or this raortgagt ac~ued or thereafter accruing. ~Il ~tbitSS ~IlteCtOf, the said- mortgagor has hereunto signed and sealed these presenb the day and year. f int above uriffen. Sign Baled and elit~ered in fh presenc o ,l /~A _ -.L~-- i UWARD - RTADO J I A. ORT _ . ~ _ i STATE OF FLORIDA. COUNTY OF St. Lucie I HEREBY CERTIFY that on this day. be[ore me• as officer duly authorized in the State aforesaid and in the County a[oresaid to takr acknowk~daments• personally appeared Edward Ortado and Judith A. Ortado, his wife to me known to be the person g descn-bed is and w!w executed the [oresoirgs instrument and who acknowkd~ed be[ore tue'tbatthey executed the same. - r ..,.,,.;1~Vi~I'NESS trey hand and d[icial seal in the County and State last aforesaid this ~ (T~ day o[ ~ .-+n-' a:~ • •V ~s,.W _ NOTARY PUBLIC ~ =~q , : ~ ~ - 19$0 SEP 12 At{ ii=• f; 6 ' ~ - fl~EO t,~c t:~cu~eat a t,r 81 ~ . 'F[OR{D~ S R 6ER POIIRASA• ~ t E - ;'~i.f.,. CLERK LtRttllt CO h # . ~ ~ - ~ RECO~D~fRtF`C~ 499330 ~ - - ~CT1K~ PA~~t~ t a ~ T 'fad: