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HomeMy WebLinkAbout0883i s i a-td shall perjorm, comply u~i1h and abide by each a-ttl et'ery the agreements, stipulations, conditions and covenants thereof, and of this mortgage, then Ihis mortgage and the estate hereby created, shall cease. de- Iermine and 6e null and void. ~nd the morfpagor hereby (rather covenants and agrees fo pay promptly when due the principal and interest and other sums of money provided Jor in said Hole and this mortgage, or either: fo pay all and singular the taxes, assessments, levies, liabilities, obligations. and encumbrances of every nature on said pro- perly; lO permit, commit or strjfer no waste, impairment or deterioration of said land or the improvements thereo-t nl any time; fo peep the buildings rtotu or hereafter on said land jolly insured in a sum of not less than $45,000.00 in fire and windstorm insurance in a company or companies acceptable to the mortgagee, the policy or policies fo be held by, and payable fo, said mo-fpagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee Shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor (or any str-plus: to pay all costs, charges, and expenses. including lawyer i jees and Itfle searches. reasortal,ly incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and jtrlly comply u~ifh fbe agreements, stipulations, conditions and covenants of said note and this mortgage. or either: fo perjorm, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when dtte any lax, 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 tuniuing 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- (ul role then allowed by the taus of the State of Florida. ~l any sum of money herein referred tO l,e not promptly paid within +20++++ days next otter the same becomes due, or if each and et'ery the agreements. sfiptrlations, conditions and covenants of snid note and this mortgage, or either, are not jolly performed, complied with .and abided 6y, then the entire strm mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in snid note or herein fo the contrary noltr~ilhsinndi-tp. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any riphfs or options under said note or this mortgage accrued or thereafter accruinp_ ~n ~itneSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year just above written. Signed, sealed ~~ STATE OF FLORIDA, COU`TY OF St ,Lucie I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Starr aforesaid and in the County aforesaid to takr acknowledgments, personally appeared D.J.Tzimenatos and Sophie Tzimenatos t, p~~~'~ Y - _ .i to m.• known to br the prrwn s described in and who executed the IorrgoinK instrument and they acknowkdSed belorr me that they rxrcuted the same. WITXESS my hand and official seal in the County and Starr last aforesaid this 1St day of December A D 19 HO. .. . ~Q~ , ' ~ ~~~_. 1950 DEC -4 P~; ~ 19 ~ - ~ ~~ ,~~ ~! p ~L ~ ~~ 3 ~- . - ., . r ~ ~C <<~0~. ~ delivered in the presence oj: flt.[f IftiC FECQROfO SLL E CW~ITY.i A. RO~ER POfTRA~ CLERK CIRCUIT COURT ~ S09 C3~ X46 I %if la~nm~-vf~ pn pnrrJ /ry: ;1J,la:v i _. ~~~, F.A.Harris, 410 Orange Avenue, Fort Pierce,Fla. . .l 1 w,~a 34~ P~ 86~ -- ~~.