HomeMy WebLinkAbout0326and shall perform, comply urillr and abide by each and every the agreemerrls, aftpulaftoris, conditions and
cove-ra-tls (hereof, and of this mortgage, then this mortgage and the estate hereby created, :hall cease, de-
termine and be null and troid.
I1n~ the mortgafor hereby further covenants and agrees to pay promptly when dua the principal and
i-rternsf and ot-rer sums of money provided for in said Hate and Ihts mortgage, or either; to pny all and
singular Ilre fasces, assessments, levies, liubilitfes, obligaltons. and encumbrances of every nature on said pro-
perly: fo permit, commit or s--f ter no waste, impairment or deterioration of said land or the improvements
Ihernr~rt al any lime; fo beep the buildings nou+ or hereafter on said land /ally insured in a sum of not less
than N/A
in a co-rgxrny or compa-ries accrpfable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money 6ecomea payable by virtue of such insurance the
mortgagee shop have the right to receive and apply lire same to the indebtedness hereby secured, accounting
fo the mortgagor for any surplus: to pay aII costs, charges, and expenses, including lawyer's jees and title
searches, -easo-tably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and (ally comply with the agreeme-rfs, stipulations, conditions and covenants of said note and (his mortgage,
or either: fo perform, comply u~itlr and abide by each and every the agreements, stipulations, conditions and
conenarrfs set forth in said note and flits mortgage or either. /n the event the mortgagor fails to pay when
due any tar, assessment, insurance prnmium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, tuifhouf uraiving or affecting the option to foreclose
or any other right herett-r-Ier, and alI st-ch payments shall bear interest from date thereof at the highest law-
ful rate then allowed by the Iau~s of the State of Florida.
~f any sum of money herein referred fo be not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this morfffage, 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 bahirrce unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. failure by the mortgagee fo exercise any of the rights or options herein
provided shall mot constitute a waiver of any rights or options under said note or (his mortgage accrued or
thereat ter accruing.
~n witness thereof, t-re said mortgagor has Ilerettnt0 signed a-td sealed these presents flre
day and year first above +vriften.
Signed, sealer) and delivered in the prnsence of
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ess ~~ ~~ _ ..l~fiCHAEL R. SWEENE
D~}301tAH. ~...SS~i1E~NE'Y~-- - -~ ~~ - - -- ~
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STATE OF FL(1RIDA,
Cc iC~TY t ~F ST . LUCIE
I HEREBY CERTIFY that on this day, before me, an
o(ficrr duly .-.uthoriTrd in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
MICHAEL R. SWEENEY and DEBORAH E. SWEENEY, his wife,
to m.• known to he the prrsot~ described in and who executed the forrQoinq instrument and they acknowledged
I~efor.• me that they executed the same.
1~'1'f\F.SS my hand and official seal in the County and State last aforesaid this ,L ~ day of
November ~~ D 19 80
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FILEC RfrC FECOkUFO
SLIUCIE CC~flTY.FI.A.
ROGER POf~RAS
CLERI(CInCWT Ct'UijtjT'~~
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