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HomeMy WebLinkAbout1072 _ . _ _,,.......r.,. . and shall perform, comply u,ifh and abide by each and every fhs agreements, stipulations, conditions and covenants thereof. and of this mo?fgatte, then this mortgage and the estate hereby creoted,.shall cease. de- fermbte and be null and void. I><If;d IhP mortgagor hereby further covenants and agrees fo pay promptly when due fhs principal and irtleresl acrd atlter sums of money provided for in said note and this mortgage, or either: to pay all and singular the lases, assessmertfs, levies, linbililies, obligations, and encumbrances of every nature on said pro- perly: fo pPrnttl. commit or suffer no tuasfe, impairment or deterioration of said land or the Improvements tlterecrt of arty limp; fo beep lire htrildirtgs nou, or hereafter ort said land fully tnstu~etl to a stem of not less than in a company or companies atreptable to IhP mortgagee, the policy or policies to I,e held by, and payable fo, said mortgagee, and in f{tP Pu~?t! arty sttm of money becomes payable 6y virtue of such Insurance the mortgagee shall (tare the right fo recPll~P and apply the same to the indebtedness hereby secured. accounting to the mortgagor for any sttrpltrs; fo pay all costs, charges, and expenses, including lawye's fees and title searches, reasortnl,ly irtcr+rred or paid by the mortgagee because of the jailtrre of fire mortgagor fo promptly and jolly comply u~itlt the agreements, stiptrlalions, rnnditions and covenants of said note and Ibis mortgage. or eillter; to perform, comply with and abide 6y each and every the agreements, slipulaffons, conditions and rnnerta?tls set forth in said note and this mortgage or either. /n the event the mortgagor jails fo pay when dire any tax, assessment, insttronce premium or other sum of money payable 6y virtue of said note and this mortgage, or ail{ter, the mortgagee mny pay (he same, wIlhout waiving or of jeering the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- ful cafe them allotvcKl hp the taus of the $tatP of Florida. arty sttm uJ murtey herein referred Io be not promptly paid within 30 days next after the same becomes due, or i( each and every the agreements. stipulations, conditions and covenants of said note and this 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 !hereon, shall forthwith or Ihereaffer, of the option of IhP mortgagee. become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options• herein provided shall not cwtstilufe a u~aiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n witness ~heCeof, the said mortgagor has hereunto sib?ned and sealed these presents the day and year first Whore u~riflen. Signed, sealed and delirererl in the presence of f Frank L. Pawlak. Jr. ~p i i STATF. OF Indiana C.OU1TY c)~~ i _ I HEREBY CERTIFY that on this day. be[ait: _ ' 3n :Af.~ , officer duh• authorized in the Starr aforesaid and in the County aforesaid to take acknowledgments, penQtfi~l' .led f Frank J. Pawlak, Jr. - to mr known to Fx the person descritxd in and who executed the forrgoinq instrument and h~ ~'1 a~tev~illYllged • before mr that he raccuted the same. = = r~1 t~ - ~Y17:tiESS my hand and official xa) in the Count and Starr last aforesaid this C I~r'^4~aY ~ ~ Y _ ~ J . t Se tember A. D. 19 80. ~J~.a Cv. -8 ~i~ ~ 7 v • ~~CN~ "Phis hulnnn~~~rr~by~p~N At/t/ress /lttorney at Law ~ ~ ~ 8028 S. Federal Highway Q~~~ P~1~72' Pert St. Lucie, FL. 33452 - ~