HomeMy WebLinkAbout2863and shall perform, /yrmply with and abide by rash a~td every the agreements, stipulation's, conditions and
covenants thereof, and of this morfgapr. Ihen this mortgage and the estate hereby created. shall CPase, de-
iermine and be null and void.
~~ the mortgagor he-1•by f urlher covertnrtts and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the fares, asse~sntrrtts, levies, lialrilifies, o6litiations, and encumbrance: of every nature on said pro-
perly: to permit, commit or stet ter no u~asle, impairment or delertorolio-t of said land or the improvements
ihrrnr`n of arty time: fo beep Illy buildings now or herea(ie- on said land (ally insured in a sum of not less
than highest insurable value
in a comfxtrty or companies acceptable fo flle morlga(fre, the policy or policies to be held by, and payable
to, said mortgagee, artd in the rve-tt any sum of money becomes payable by virtue of such Insurance the .
mortgagee shall have the right fo receive and apply the same fo the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyers fees and title
searches, reasonably i-tctrrrerl or paid by ilex mortgagee because of the failtue of the mortgagor fo promptly
and fully comply u~ilh the agreemerlls, stipulations, conditions and covenants of said note and Ibis mortgage,
or eillter; to perform, comply u~ifll 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 (ails fo pay when
due any tax, cusessmenf, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or eillter, flee morfcfager may pay the same, u,ifhotrf waiving or of fecfing the option to foreclose
or any other ritlht heretl-Ider, and all such payments shall bear interest from date rhereo( at Ilte highest law-
ful rate ihrn allowed by flee Ines of the Staie of Florida.
~` any sum of money herein referred fo be not promptly paid within 30 days next after
the same Incomes due, or i( each and every the agreements. stipulations, conditions and covenants of said
nof.~ and this morfga!ir, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, acrd this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, al the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to Ibr contrary noftnithsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provi-I/KI shall not conslifulr n umiver of any rights or options under said note or this mortgage accrued or
fbemnfter ac/•nling.
~n witness thereof, the said mortgagor IIaS hernunto siynrd arld sealed thPSe preSPRls fhP
day an(1 Vear (l rst abOl~e 1171ttrn.
$iqr 1, sealed ar,r~ delir•errd it a prnsrncr of
..____ ~`._1'.. ....
i~ ~
LR. Y. -..
~. ~. J. -. '-c
DEBORAH C. KLEIN
STATE OF FLORIDA,
c(~t'~-1-Y OF St. Lucie
1 HEREBY CER7-IFY that on this day, txfore me, an
oiti,er dula• authuri~Pd in the State aiorcsaid and in the County aforesaid to take acknowled¢mrnts, personally appeared
MICHAEL R. KLEIN and DEBORAH G. KLEIN, his wife,
to m.• known tr, M• the p,vsorB desfrihed in and who PaPrutPd the (urr¢oinq instrurlent and they arknowledRed
hPture nx• that they r:ecutrd the satnP.
~~"i-1 \F.SS rnr• hand and o((i~ ial seal in the County and State last aforesaid this
Decembe>i~_ D. 19 80
510S3Q
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NOTARY PUBLIC
/~ ~ day of
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