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HomeMy WebLinkAbout0280 and shall perform, cvtmply will! and abide by each and et+ery the agreements, afipulafioni, rnndUions and car'e?tanfs Ihen+o(. artd of this morfftaste, then this mortgage artd fire estate he?eby created, shall eeass, ds- lermine and be null and t'oid. the morfgaftor here+by jurfher covenartfs and agrees to pny promptly when dw the principal and i?ttemsl and oflrer sums of money provided jor ter said note and this mortgage, or either; to pay all and si?tgular the fa.rPS, ossessmenls, levies, Ilabillties, obligafiorts, and encumbrances of eusry nolure on said pro- perly: fo permit. commit or sujjer no tuaste, impairmettf or deferiorofion of said Land or the improuemenis Ihereen of any Time; fo beep the buildings nou? or hereafter on said land (ally insturd in a sum of not less Ihan in a company or companies acceptable to the mortgagee, the policy or policies to Ge held by, and payable to, said mortgagee, artd in the et+ertl arty stem of money becomes payable by oirfcre of such insurance Ihs mortgagee shall have the righ! to receive and apply the same fo fire indebtedness hereby secured, accounting fo the morfryaryor for any stcrpltcs; fo pay all rnsfs, charges, and expenses, including lawyers fees and fills searches. reasorral?ly irtcrr?red or paid by the mortgagee because of the jatlttre of the mortgagor fo promptly and jolly comply tc+i?h the agreemertfs, stipulations, conditions and rnt+enanls of said note and Ihis mortgage. or either: fo perform, comply with and abide by each and every the agreements, slipulalions, conditions and cal'erlarltS set forth in said ?tote and this mortgage or either. In the event the mortgagor jails to pay when due arty tax, assessmrrtt, irtsttra?tce premium or other sum of money payable by virtue of said note and this mortgage, or ~iflter, Iltr morfgaryee may pay the same, tvifhottt tuaiving or affecting the option to foreclose or any other right hernunder, and all such payments shall bear interest /rom elate thereof of the higheft Iaw- (U! rate then allot!+etl l,y the IalUS Oj the State Oj 1'lorida. arty Burn of money herein referred to be not promptly paid u+ithin thirty days next offer Ilte same becomes dire, or ij each and et+ery the agreements, stiptclafions. conditions and cot+enanls of said note and Ihis mortga~te, or either. are not jolly performed, complied with and abided by, then f/te entire sum mentioned in said note, a?rd this mortgage, or the entire balance unpaid thereon, shall forthwith or therea/fee, of the option o/ fire mortgagee, become and he due and payable, anything in said note or herein to the contrary itottr+ithsfaitding. I'ailttre l,y the mortgagee fo exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said Hole or Ihis mortgage necrued or thereafter accruing. ~n ~itneSS ~Of, Ilte said mortgagor Itas Iterecrnfo signed and sealed these presents the day and year fiat above a+ritten. Signed, SPQI~Pdj and delivernd in the presence of c - - am utt aro oldman STATF. OF FLORIDA, COI.'tiTY ~F St. Lucie I HEREBY CERTIFY that on this day, before me, an officer dui?• authorized in the Starr aforesaid and in the County aforesaid to nkr acknowledgments, personally appeared William LoBrutto and Harold H. Goldman ~ - to me known to br the person 3 described in and who executed the foregoing instrument and they ackttowkdged before me that they executed the same. ~~77:\ESS my hand and official seal in lbc County and State last aforesaid this 18t day of October A D !980 f r t , .a S.a.e at to rTP . r.ti r:..r=••~~~•. , 't •p•r's .+t:+~~ ?9.-iyi34{ Q~ 6'.^r;~yi Ss.+u,;r:1,~, L~St.i~ns ' L.~'~y~•.. of 9 „ ~ vy, coLOt~uw 1'/tu 1?u/nu„~n~ prrfxurJ by: H/1ROL0 H. AJrl,rxs /lttorney et Lew 802£ S. Federal Higltwey Port St. Luciar FL. 33452 8GQK3~ P!~ ' yb-b..zy, ~a~