HomeMy WebLinkAbout0991 and shall perform, comply with and abide by each and every fhe agreements. atlpulaftoni, conditions and
eorenants thereof, and of this mortgage, then this mortgage and the estate heroby created, shall eerie, de-
termine and be null and void.
the mortgagor heroby further covenant: and agrees fo pay promptly when due the principal and
interest and other sums of money provided for to said note and thls mortgage, or either; to pay all and
singular the faxes, assessments, levies, Liabilities, obligations, and encumbrances of every nature on said pro-
perty: to permit. commit or si?f
jer no waste, impairment or deterioration of :aid Land or fhe improvements
Iherecn at any lime: to beep the buildings now or hereafter on said land fully insured to a sum of not Less
than
in a company or companies acceptable to the mortgagee. the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue bf such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, amounting
to the mortgagor jor any st?rpltu: to pay all mats, charges. and expenses. including lawyer i Jess and title
searches, reasonably incurred or paid 6y the mortgagee 6ernuse of the failure o/ fhe mortgagor to promptly
and fully comply u~tth the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: to perform, i~omply u~iflt and abide 6y each and every the agreements, sftpulaffona, conditions and
cbvena?tts set forth in said note and this mortgage or either. In t{te event the mortgagor jails to pay when
- due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
• ful rate `then aIIOWed by t11P la WS Of the State Of Florida. -
any sum of money herein relem~d fo 6e not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, stipulations, conditions rend covenants of said
note and this mortgage, or either, are not fully perforated, complied with and abided 6y, then fhe entire ~t
sum mentioned in said note, and this mortgage, or the enti?+e balance unpaid thereon, shall forthwith or ~
thereafter, at fhe option of the mortgagee, become and be due and pnyab[e, anything in said note or herein {
to the contrary nolwifhstanding. Failure by the mortgagee fo exercise any of fhe rights or options herein i
provided shall not constift?te a u+airer of any rights or options under said note or this mortgage accrtaed or
thereafter accruing. -
~n ~t~¢SS ~~t~OE, the said mortgagor has hereunto signed and sealed these presents the
day and year first above «+rttfen_ .
Signe ,sea red red in the presence oj: ~ -
W drove S . S ri
E
f
t
STATE OF FLORIDA.
i
COUNTI' OF St. Lucie
I HEREBY CERTIFY that on this day. before me, an
t officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowkdgmrnts, personally appeared -
WOODROW S. SAFRIT
to me known to be the person drscribed in and who eaecutrd the foregoing instrument and he acknowkdaed
before me that t1L executed the same. .
N'17 i\ESS my hand and official seal in thr, County and State last aforesaid thu ~ dap o[
A. D. 19 79
Notary tic, State of Fla. at Lar e
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