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HomeMy WebLinkAbout1068 "_1 ~ _ , i and shall perform, comply with and abide 6y each and every the agreements, stfpulafIons, conditions and rnvenanls Ihereo(, and of this mortgage, then this mortgage and the a:tats hereby c?eated, shall cease, de- termine and be null and twirl. ~d fhP mortgagor hereby further covenants and agrees to pay promptly when due the principal and ~ irtfPrPSf and other sums of money provided for in acid note and this mortgage, or either; fo goy all and singular the faxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- pe?fy: to pennif. commit or strjjer no waste. impairment or deterioration of said land or the improvements t IhPrecrt nl arty IimP: fo RPPp the buildings Hour or IrerPajfer on said land fully insured in a sum of not less i than in a comtrany or rnmpanies acceptable to the 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 instrronce the mortgagee S{fall hal•P fhP right fo receive artd apply the same fo the indebfedneas hereby secured, accounting i fo the mortgagor for any strrpltrs; fo pay all rnsts, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the jaihtre of the mortgagor to promptly and fully comply tvifh the agrermPrrts, stipulations, conditions and covenants of said note and Ibis mortgage. or Pif{ter: fo perform, comply with and abide 6y each and every the agreements, sfiptrlafions, conditions and rnvenarrts set Jorflt in said note and this mortgage or either. In the event the mortgagor jails fo pay when due any fax, assessment. insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or Pil{tP?, f{tP mortgagee may pay the same, without waiving or affecting the option fo jorecbse or arty other right hPrPrrnder, and all such payments shall bear interest from date thereof at the highest law- (ul mte then allawc•rl 6y fhP lau?s of fhP State of Florida. 7l nny sum of money herein referred to be not promptly paid within 3U days next njter i flte same becomes due. or ij eoch and every flte agreements. stipulations, rnndifions and covenants of said note and t{tis mortgage, or PifhPr, are not jolly 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 tkereajter, of the option of fhP mortgagee, become and bP due and payable, anything in said note or herein to fhP rnntrory notwifhsfanding. Faihrre by the mortgagee to Pxerrise any of the rights or options herein prorirlral shall riot cOrtSflfllfP a Uwll~Pr of any rights or options Hader said note or this mortgage accrued or fhereaflPr acrvuing. ~ ` ~n ~I~eSS ~~~f, flte said mortgagor has hPrPtrnfo signed and sealed these presents the day and year first AbOr'P trrilfP?t. Signed, sealed and delivernd in 1hP presence oj: rank J . Pawlak, J r . j ~ - - - f _ f E STATF. of F)L~RiRiiS Indiana COI?\TY OF i I HEREBY CERTIFY that on this day, betors' . no . _ officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowkdgmrnts, person'-~ ; Frank J. Pawlak, Jr. '~t. , to me known to be the person described in and who executed the fore~oirtt; instrument and ~-,~ie><ifvMtlCd~ ~r t before me that he executed the same. ' ~ ' ~ . l r~ - N 17'\ESS my hand and official seal in the County and State last aforesaid this p2 .I~ ~ day' af: , ~ ' _ j V' - September A. D. 19 80- - ; . - , . ' ! ~ Mr .'~R1SI(lN EX°t~~5 tO-o~ d' J i10 L~f~T -8 t' ;I~ 1 f fi~r,~f~ i'~f r F(r,S - - %rs I!rslrur/rrrrl err red by: 1 H~ROLD H. GOLDMAN Addrru AHorrtey et Law 60~~/~n PlGE~I~ $023 S. Fadaral Highway ~ZIV/ i = Port St. Lucia. FL. 33452 ~ W-