HomeMy WebLinkAbout0849 and shall perform, comply with and abide~bjr each and et~ey the agreements. stipulationi, conditions and
covenants the?eo~, n?td of this mortgape,~ then 1hU mwtgage and the estate hereby created, shall cease, de-
termine and 6e null and twirl.
end the mortgagor hereby jtuther rnvenants and agrees to pay promptly when dw the principal and
interest and other sums of money provided for in sold note and this mortgage. or either; to pay all and
singular the faxes, assessments, leufes, ltabilittes, obltgnttons. and enctunbronces of every nnttue on sold pro-
perty: fo permit, commit or suffer no waste, impairment or detertorafion of said land or the improvements
thereon at a?ty time: to keep the 6utldtngs now or herrajter on said land fully insured in a stun of not less
than its highest insurable value
in a company or companies acceptable fo the mortgagee. fhs policy or policies to 6e held by, and payable
to, said mortgagee, and in the seen! any sum of money becomes payable 6y virtue of such fnsturtnce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, tserntsrtting
fo the mortgago? for any surplus: to pay all Bost:, chnrges, and expenses, incltultng lawyers fees and title
searches, reasonably incurred or paid 6y the mortgagee becntue of the fdlure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covennnfs of said note and this mortgage.
or either; fo perform, comply with and abide 6y each and every the agreements. stipulations, rnnditions and
covenants set forth in said note and lhts mortgage or either. /n the event the mortgagor jails fo pay when
dtie any fox, assessment. insurance premium or other sum of money pnya6le 6y virtue of sold note and this
mortgage, or either, the mortgagee may pay the same, without waiving or of
jecfing the option to jo?eclwe
or any other right hereunder, and nlI such payments shall bear interest from date thereof at the highest [aw-
fttl rate then allotued by the laws of the State of Florida.
~f arty :um of money herein re~erred to be not promptly paid. within thirty days next of
ter
the same becomes due, or tJ each and every the agreements, stipulations, rnnditions and covenants of said
note and this mortgage, or either, are not fully performed, rnmplied with rend abided 6y, then the enure
sum mentioned in said note, and Ibis mortgage, or the entire balance unpaid !hereon. shall forthwith or
thereafter. at the option of the mortgagee, become and 6e due and payable, anything in sold note or herein
fo the contrary nohuifhsfanding. Failure by the mortgagee fo exer+cise any of the rights or opfioru herein
provided shall not constifttte a waiver of any rights or options under snid note or this mortgage nccrtted or
thereof ter acc?uing. `
~n ~h~tof, the snid mortgagor has hereunto signed and sealed these presenb the
day and year first above written.
Sl reed sealed and delivered in the presence of:
PHILIP B.
E~ ~ • -
~ J. A
-
I
I~
~ STATF OF FLORIDA,
j
I COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this day, before tree. an ;
officer duly authorized in the Sutc aforesaid and in the County aforesaid to take ackttowledRtnents, personally appeared
PHILIP B. AHN and JEAN J. AHN, his wife,
to me krawn to be the prrson s described in and who as:ecuted the lorcgoirtR instrument and they ackttowkd~ed
before me that they c:ecuted the same.
N'I7itiESS my hand and official seal in rho County and State last- aforesaid this 3rd day o[
November, A. D. 19 80.
F11LEO AND RF~~"n0E0 Notary Public
g ST. LUCIE G~G~ ~,t'LA• -
Foi;:c : ~ State of Florida at Large.
Cl~ f.:uRr
F My Commission Expiress..i~''
5 ill on QN 'Rt! .
~rJ.~s~ :r,{
~ ~ 1r20~ '
~
17iu I?ulrununi prrpnrrd by: Emory C. ?eei, Ill
FEE,KOBLEGARD & TEELt P.A. __U~~~~ P~ pw~
P. O. BOX 1000 6~UU~~II 0'~
FORT PIERCE. FLORIDA 33450
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