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HomeMy WebLinkAbout1437 and shall perform, comply wish and abide by each and every the agreements, alipuGilioni, conditions and covenants thereof, and o/ Ihts mo-tgape, Then this mortgage and the estate hereby coated, :hall cease, de- termine and be null and twirl. ~i1NL the mortgagor her-~by jurflter covenants and ag-+ees to pay promptly when due the principal and i»teresf and other sums o/ money provided /or in said note and this morfgnge, or either; to pay all and singular the fares, assessments, levies, liabilities. obligations, and encumbrances o/ every nature on acid pro- perly: fo permit, rnmmil or stiffer no waste, impairment or deterioration of aaid land or the tmprovemenb fherecn at arty lime; to beep the buildings now or hereafter on aaid land /ully insured to a sum of not less Than the property appraisers evaluation of the property in a company or companies acceptable to the mortgagee, the policy or policies to bs held by, and payable to, said mortgagee, and in the event any sum o/ 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 fo the mortgagor for any surplus; fo pay all costs. charges, and expe-ues. including Iawyer~s fees and title searches, reasonably irtcttrred or paid 6y the mortgagee because o/ the failure o/ the mortgagor fo promptly and jolly comply with the agreements, stipulations, conditions and covenants o/ said note and Iht: morfgnge. or either; to perform, rnmply with and abide 6y each and every the agreements, stipulations, condlltona and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, instt-ance 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 payments shall bear Interest from date thereof at the highest Iaw- jttl mfe Then allowed by the laws of the Slate of Florida. ~l any sum of money herein referred to be not promptly paid within 3O days next a/ter the same becomes due, or ij each and every the agreements, stipulations. conditions and rnuenants of snid Hold and this mortgage, or either, are not /ully performed, rnmplted with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereajler, a1 the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notwithstanding. failure by the mortgagee fo exercise any o/ the rights or options herein provided shall not constitute n waiver of any rights or options under said Hole or this mortgage accrued or fherea jfer accruing. ~n ~~~~ ~h~Of, the said mortgagor has hereunto signed and sealed These presents the day and year first above a+ritfen. Signed, suer presence of x~ ED ~ M. KRAUSE I -- ----- ~- -~- --... ~ . . . ... ................ STATE OF FLORIDA, cOU~'TY OF ST. LUCIE I HEREBY CERTIFY that on this ,day, before me, an officer duly authorized in the Stair aforesaid and in the County aforesaid to tyke ackr,owkdgmer,tsfally appeared EDYTHE M. KRAUSE ~'y ~' ~ s,. .,.~~: -~ .- ,. to rrk- krwwa to. be the person deurihed in and who executed the forcgoin~ instrument s~ - ~ ~:u~etlCligowledRed before rrx that She executed the same. • ~~~ ~ 1~ ~~t " '~ c ~,}.; 1h'I~:\ESS my hand and official seat in the (:ounty and Sute last aforesaid this ~+~~~st~`•~ ~~ y-_~_ ~1,_.-~ ~. A. D. 1980 +zICX[1'.' .. !~~a a~* -s ~~ a s~ Ftt.E ~ SLIT, I f a &e ~e~;~~ ~, c~catc cl~c~~'q~,,c• ~f 5t~96'74 _ _ , PATRICIA L. DOY~,f3'j~ , •; t TGu hu/ni ~r~~+l, p~~r rr-r! (-y '. 80.-K rd`} 4 ~~~7 Adduct. 715 DELAI-~'A+'. AVM Nt1E f`OkT PIERCE, FL 33450 ,- .• ,~~ ~ •! ,~~ -- ~.: ~~BLI C ~' - ~s ,/ Y .z.