HomeMy WebLinkAbout0986and shall perform, comply with and abide by each and every the ngroements, affpulatio-is, conditions and
rnuenanls thereof, and oI this mortgage, then thisimortggge and tfi~~t~t~te hereby created, shall cease, de-
termine and 6e null and void.
1i~ Ihp mortgagor hereby further covenants and agrees to pay promptly when due fhs principal and
irtteres! and other sums of money provided for to said note and lhta mortgage, or either; to pay all and
singular the taxes, assessments. levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; fo permit. commit or suf jer no waste, impairment or deferiornfton of :aId land or the improvements
1he-ecn at any lime; to keep the buildings now or hereafter on said land /ully insured in a sum of nit leas
than fully insurable value
in a company or companies acceptable to the mortgagee. the policy or policies to be held by, and payable
to, said mortgagee, 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 surplus: fo pay all rnsts, charges, and expenses. including lawyer's Jess and title
searches, reasonably incurred or paid by the mortgagee because o) the foilure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and rnvenants of said note and this mortgage,
or either: to perform, rnmply with and abide by each and every the ngroemenfs, slipuhafions, conditions and
covenants set forth in said note and this mortgage or either. In the even! the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said Hole and this
mortgage, or either, the mortgagee may pay the same, without waiving or njf ecfing the option to foreclose
or any other right hereunder, and all such payments Shall bear interest from date thereof nt the highest Iaw-
ftd mte then allowed by the Laws of the State of Florida
~` any sum of money herein referred to be not promptly paid within 30 days next after
the same becomes due, or i( each and every the agreements, stipulations, rnndttions and covenants of said
note and this mortgage, or either, are not fully performed, rnmplied with and abided by, then the entire
sum 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 said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall riot constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accnring.
lam Q~~11 ~ltliQSS ~heCe0~hi~°~[ Q'~~`' ,A~t~"i'~r~~,`~s~s the
B~f~4NCE 1 i~0~ ~~-~'~' I~Sy S10 ,889.46 , 1~0C~'I'l~R WITH A~0(~tlk~ Il11'Q2FST, IF ANY,
~ig~' Yt~711iit"71Mi7e~ T1i espnce o : ~~t 1~ TERMS OF 'I~II.S iGE.
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STATE OF FLORIDA,
COUNTY OF St• Luc
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgmenu, personally appeared
Richard Paul ~1~er
to me known to he the person described in and who executed the foregoing instrument and ~ acknowledged
tteforc me that he executed the same,
~~'ll i'~SESS my hand and official seal in the County and State last aforesaid this /w~`-~_ day of
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%is I/rAnlll/(7r/ p>r'pnrrl by:
Ad~fir:ct
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Notary Public a_ /~l- ~P/
Notsry Pr~+t, State of Forids at Large
My Comx:issicn Expires Feb. 14, 1981
s..e.a y ~...;w to a csgrr co.w•w
S~94t~8
t9t0 Q~C -5 1W ~ 05
S1 LU tE COUNCT~. f lAl.
ROGE~t POITI~S
CLERK CIRCWT COWtT Q
Jacqueline L. Russakis
515 South Indian River Drive BGOX ~~~ Pl~6E
Fort Pierce, Florida 33450
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