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HomeMy WebLinkAbout2867artrl shall perform, s•omply with and abide by Pack and every the ag-eemertls, stipulationi, conditions and covenants tlsereoj, artd of tltts mortgage, then this mortgage and the estate hereby created, shall cease, de- fPrmine acrd be null and void. ~fld the morfgago: ItPrs+by further covenants and agrees to pay promptly when due the principal and irtlPresf and other sums of money provided for in said note and this mortgage, or either; to pay all and singular IhP fares, assessments, levies, liabilities, obligations, and enctsmbronces of every nature on said pro- perty: fo permit. commit or suffer no waste, impairment or deterioration of said land or the improvements Iherrcrs al any IimP; fo RPPp the buildings Hour or hereafter on said land fully insured in a sum o/ not less than N/A in a company or companies occPpfable to !hP morfgagPP, the policy or policies fo be held 6y, and payable to, said morfgagPP, and in 1hP PvPnt 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, ocrounfing to the morfgagar for any surplus: to pay all rnsts, charges, and expenses, including lawyers fees and title searches, reasonably inns-rPd or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations. conditions and rnnenants o/ said note and this mortgage, or Piflser; to perform, comply wills 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 fait to pay when due any tar, assessment, insurance premium or other stsm of money payable by uirfue of said note and this mortgage. or eitlser, /hP mortgagee may pay fhP same, without waiving or affecting the option fo foreclose or any other right herPtsnder, and all such payments shall bear interest from date thereof at the highest lau~- (Ul MIP t11Pn allolvell by the IAIOS Of the State Of Florida. ~L arsy sum of morsey herpi-s referred to be not promptly paid within thirty day: next after the same becomes dteP. or if each and every 1hP agreements, stipulations. conditions and covenants of said not. and this morfga{t P, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, and Ihis morfgagP, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of flee mortgagee, become and 6P due and payable, anything in said note or herein to fhP contrary rwtroithstanding. Failure by the mortgagee fo exercise any of the rights or options herein pronidPd shall rsot corsslilrttP o u~aivPr of any rights or options under said note or this mortgage accrued or thereafter accruincr. ~n ~~u1eSS ~heeeof, the said mortgagor has hPMrrnfo signed and sealed these presents the day and year first aborP u•ritfen. SigI1Pd. s led alld dPllliPrPrl 111 1hP preSP/1cP Of ... -- w ~ s , CAROLY~ROUPE w tness STATE OF FLORIDA, cc)~?\TY OF ST. LUCIE i I HEREBY CERTIFY that on this day, before me, an otticer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared CAROLYN STROUPE 19,~J per 15 ~ •~ 32 _ ~_. i .r' AA[ ftLC~s'C My Cotmtissi n r~~ Exprets~: r~~ - ~/~~ ~ 1/ ~ = Lll:C11 f ~ Y1_ , <<)i'+~; ~r c• S `~ POit~• ' • ~. •- f ~ ~ .,... o- , .. ~ 51.0532 to me known to Fx• the person descrilxd in and who executed the foregoing irntrument and whp acknowkdged ixtore me that She executed the same. -~/ N'I7 \ESS my hand and otticial seal in th~• (:ounty and State last aforesaid is a $/mil day of r ,/~ / _ ,Q A. D. 19 •~.. Y. .. _..... .. ... .. ... ..... ..... .. ... •• i ~ 1..... N ARY PUBLIC %~ '' ' '. :; J %ns IuArran~n~ prrpnird hy: nl/r/rru ' ~~ _° ~z -_s aol~c3~~ PsGE2,vuV