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HomeMy WebLinkAbout1937 and shall perform, comply with and abide 6y each and every the agreements, stipulafioni, conditions and covenants thereof, and of this mortpa~+e, then this mortgage and the estate hereby created, shall cease, de- termine and be null and void. n!~ the mortgagor hero6y further eouenants. and agrees to pay promptly when dw the principal and interest and other sums of money provided for in said note and thin mortgage. or either; to pay all and singular the faxes, assessments. leases, liabilities, obltgntions, and encumbrances of query nature on said pro- perfy; to permit. commit or suffer no waste. impairment or deterioration of said land or the tmprowments thertrcn nt any time; to beep the buildings now or hereof ie. on said land fully Insured to a sum of not less than highest insurable value. in n rnmpany or companies acceptable fo the mortgages, the policy or policies to be held 6y, and payabb fo, said mortgagee, and in the event any sum of money bernmes payable by virtue bf such insurance the mortgagee shall have the right to receive and apply the same to the tndebtedneas hereby secttrsd, aeeounttng to the mortgagor for any surplw; to pay all costs. charges, and expenses, including lawyers fees and ttfle searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly and fully rnmply with the agreements, sfipubfions, conditions and cvvenants of said note and thts mortggie, or either; to perform, comply with and abids 6y each' and every the agreements, sttpubtions, conditions and rnvenanfs set forth in said note and this mortgage or either. In the event the mortgagor fails 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 paymenb shall bear interest from date thereof at the highest law- ful rate then allowed by the laws of the State of Florida. ~l any sum of money herein referred fo be not promptly paid within thirty days next after the same becomes due, or i( each and every the agreements, atipulaftons. rnnditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the enttro sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall f orthwtth or thereafter, at the option of the mortgagee, 6ernme and be due and payable, anything fn said note or herein fo the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not rnnstitute a waiver of any rights or options under said note or this mortgage accrued or thereat ter accruing. jn ~~u1~ ~ ~la the said mortgagor has hereunto signed and sealed these preaenb the day and year first above w 11 Sf~n algid and delive in the presence of L = ~ ~ ~ - Char ~ ~E ---Becht - ~ E E E STATF. OF FLORIDA, ! COUNTY OF St. Lucie I HEREBY CERTIFY that on this day, before me. as officer duly authorittd in the State aforesaid and in the County aforesaid to take ackrawkdamenq, persomUr appeared Charles E. Becht to me known to be the prrson descn'bed in and who executed the forcaoinR imtrutnent and WhO scknowkd6ed before me that he executed the same. WITNESS my hand and official seal in the County and State last aforesaid this Sth ,der of November A. D. 1980 • . 'mi`l,-~~~ '=i:~- ~ ~ - , =2' :i i Notary Public: -'~=d s~ v: ~ ~ .l 4 . ¢ ~ ~ ~ Commission es _ . ~ ~~~t?ty ~t,~r~, sfz+a ae. E Ny Commission Expuos ~ ,-(c~i'2}, gt ~ ~tj~51 (SEAL) a - P?Ear; ~ By ~•N J , Apr q~~ ~,-rtl~ - { I1iu Inilrarnrnr prpared by: c ~ _ _ y : ; at Addrrts _ - ~ - s _