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HomeMy WebLinkAbout1929 and shall perjorm, comply with and abide 6y each and every the agreements, stipulationi, conditions and covenants thereof, and of this morfgape, then this mortgage and the estate hereby c-eated, shall cease, de- te-mine and be null and twirl. the mortgagor hen:by jtuther covenants and agrees to pay promptly when du. the principal and interest and other sums o) money provided jor to said note and this mortgage, or either; to pay all and singular the faxes, assessments. levies. liabilities, obligations, and encumbrances of every nature on said pro- perty: fo permit, commit or sujjer no wwle, impairment or delertoration of sold land or the improvements therecn of any time; to keep the buildings now or hereafter o-t said land jolly insured in a sum of not less than ~ MAXI~N~JM INSURABLE ~ALU~ in a company or rnmpanies accepts a !0 1 e mortgagee, f e po icy or policies fo be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of suck tnatrrance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor jor any surplus: to pay all casts, charges, and expenses, including lawyers jeer and title searches, reasonably incurred or paid 6y the mortgagee because of the jailttre of the mortgagor to promptly and jolly comply u~i1h the ngreemertfs, stipulations, conditions and covenants of said note and this mortgage. or either; to perjorm, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set jorlh in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or ajjecting the option to foreclose or any other right hereunder, and all such payments shall bear interes! from date thereof at the highest lau•- (trl mte then allowed by the laws of the State of Florida. ~f -~ any sum of money herein referred to 6e not promptly paid within thirty days next after the same becomes due, or ij each and every the agreements, stipulations, eondilions and covenants of said note and this mortgage, or either, are not jolly performed, complied with and abided 6y, 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 6e due and payable, anything in said note or herein fo the conlrory notu~ifhstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereajler accruing. Dn ~~~`~ ~Of, the said mortgagor has hereunto signed and sealed Ihese presents the day and year first abore roritfen. Signed, sealed and deliver d in [he re ace o(: . Walter F. Bro an Be ty Bro ann . STATE OF FLORIDA, } COL'tiTY OF ST. LUCIE i I HEREBY CERTIFY that on this day, bdorc tae, an otticer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, pnwtully appeared WALTER F. BROLMANN and BETTY A. BROLMANN, his wife, to me known to be the prrson S described in and who executed the toregoinq instrument and they acknowkdged betorr me that they executed the same. J~ KI7:\iESS my hand and official seal in the County and Statc last aforesaid this ~G1/"`- day of December, A. D. 1980. ,~ I~~O Q~~ 10 Pk i2. 2F FiLEQ Rkr F~co~i~[ r SI.LUCtE COUNTY.FLA. RCt;ER Pfll + R:,S CLERK CIRCUtT C~JURT ill i.~V V Thu Gfs~nim~n~ ptrpmrd hy: ,,-,~l~ ~-~.~ - _ i Notary Public - State of., ~~ at Large. '~' } ^' ~ i ~s7 ~' - My Commission Expires:: ~ '_ s~~x " . ~ a. ~ f •~ •' ,' ' ', • . X344 P~1929 ~.. - •~~ tia- .:: ,.: ,_ -. ,.~; ___ _.