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HomeMy WebLinkAbout0047 P i and shall perform, comply with and abide by Pach and every IhP agreements, stipulations, conditions and cotenants Ihereoj, anel of lhis mortgage, then this mortgage and the estate hereby created, shall cease, de- ~ 1Prmine and be Hall and void. ~nd the morfffa{for he?t6y further covenants and agrees fo pay promptly urhen due the prlncipttl and i interest and other sums of money provided jor in said note and this morfgagP, or either; fo prey all and singular fhP faze:, assessments, IPties, liabilities, obligations, and encumbrances of every nature on said pro- pP?ly; fo permit, rnmmif~or strjfer no uraste, impairment or deterioration of said land or the improvements i IhPrron of any lime: to RPPp the bttildings nottr or hPrPajfer on said land jolly insrtrecl in a sum of not less Than in a company or companies nccepfable to the mortgagee, the policy or policies fo be held 6y, and payable to, said mortgagee, and in the event any sum aj money becomes payable by virtue of such insurance the i mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting fo 1hP neorfgaffor jor any surplus; to pay all costs, charges, and expen:PS, including lawyer's Jess and title seatrhPS. reasonably incu?red or paid by the mortgagee because of the jatlure of the mortgagor to promptly and (ally comply u,ifh fhP agreements, stipulaltons,•condifions and covenants of said note and this mortgage, or Pi1hPr: fo pPrjorm, comply with and abide by each and every the agreements, stipulations, conditions and i cotenants set jo?th 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 marfgagP, or Pifher, the mortgagee may pay the same. wtlhouf uraiuing or ajjecting the option to joreclosP i ; or any other ?ight hereunder, and nll such paymentsr-shall bear interest jrom date thereof at the highest law- lul rate then allowed by the lattrs Oj the State O( Florida. ~ ~ any sum of money herein referred t0 be not promptly paid within 3Q days next after the same bPCOmPS due, or if each and every the agreements, stipulations. conditions and covenants of said note and this morfgagP, or Pifher, a?e not jolly performed. complied with •and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance trnpoid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to fhP contrary notwithstanding. Failure by-the mortgagee to Pxerrise nny of the rights or options herein protidPd shall not constifrrte a waiter of any riphts or options under said note or this mortgage accrued or thereafter accruing. ~n witness thereof r 1hP said mortgagor has hPrellnta signed and sealed these presents the t day and year just above tvriften. s Signed. sealed and delivered in the preSPnl'P oj: . /~I A-.~ ~e .f - ~ ~..1"~'c.-~,, . _ - ~ tin 6 c C . ~ /~~[~.Z-e----z _ _ ~ I V. Case { i _ ( ~ ~ ! E I STATE OF FLORIDA, ~ t COL'~tTY OF $t. Lucie ~ I HEREBY CERTIFY that on this day, before me, an ~ ~ ~ otticrr duly awhorirrd in the Statr atorrsaid and in the County aioresaid to takr acknowkdgmrnu, pctsonally appeared ~ i MARTIIi V.' CASE and MARY A. CASE, his wife I f to m.• known to tx thr Person 8 described in and who rxrcutrd the torcQoinq instrument and th@3? acknowkdged brtorc• me that they rxccutcd the same. i ~~•IT\ESS my hand and official seal in thr (:ounty and Statr last aiorrsaid this 23rd 1 • day ob October A. D. 19 80. f • f v~ ' OV - . _ . _ . r Not Public, State ~ ~g ~ My commies on.expir s~~• ~ r•c'~rr1.LS ,fm`s I ~ se. ~a s~. a~K342 P~~E 47 S