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HomeMy WebLinkAbout0971 ~ and al~~ll perjorm, comply with arul a6ld~ 6y sach and ewry th~ aArwm~nta, attpulatbna, oondltioni and oo~manta tl~erw~. ar?a o~ f1~u martgape. Ihen tF~4 mortgage and the atote henby cm~ted, ~hnu ceass. c~- ttrmtne and 6a null and void. i ~ the mortgapor herwby (cather covenant~ a~d aArees to pay ~mp~lr when dw ~hQ prt?~ci~! and i tnten~si and othe~ a~una o~ money ~yidec~ jo~ in tald nota and t1~ia moNgnge, or eif~er; to par a~~ ancl tthgu~ar t~e taxea, asaes:menb, leviei. Ila6ilitles. obUgattona, and ettcumbnanc~~ o~ euory natur~ on said pro- peNy; to pennit, cornmit or iu~fer no wcule. i?npairment or ~eterioratlon nf .~d la?~d or the improvamenb thereon at any ttme; to Irpep the 6uilding~ now o~ hetrajter on ~aid land /uUy insured in a aunt oj not le~a ~ Ilwn highest insurable value !n a c~o?npany o~ compa~tet ac~ceptabje to the mortgagee. ike po~tcp o~ po~tciei eo 6e Retd 6y. ana pnyab~e to. ~ald mortgagee, nncl in the enent any sum of money 6ecomea paya6le 6y virtue bf tuch iruuranc~ thf n~c+~!n~gee eha~~ ~ave the right to receiue nr~d apply fha iame to tJse inde6tednesi f~ertby recw+ed. nc~ounting to t~e morlgaAor jor any aurp~ua; to pay a~~ costs. charges, an~ experues. inc~uding jawyer s(eea and tlt~ searchea, reasonably inc~ured o~ patd 6y the mortgngee 6ecawe of !~e jailuro o~ the mortgagor to prompt~r and ~ully comply with tfie agreemenie. attpujatto?u, oonafti~rj; and covenanfs o~ sntd note and t~ta nwrtgag~. or either: to perfo?m, eomply wilh and abide 6r each and enery !he a9reemenb, atipubtiona, condttlons and . covenants set ~orth tn sntd note and tltts mortgage or eitl~er. In tke event the nartgagor fails to par wF~sn due any tax. aasea:ment, tnsurance premium or ofher sum o/ mon~? ~xiya6i~ 6r vi~tue oj satd note and thia - mortgage, o~ eit~er. the mortgagee mny pay the acme. without waining or af jecting the option to ~orecjwe o~ any other rigl~f hereunder, and alI auch paymenti shaU 6ear tntere~t /rom dute thereo~ at tke 6igheit la~u- ; {ul rate fhen a![o~ed by e?~e laws oJ the Stale oj Florida. ~ ' fi any aum oj money herein re%ned to be not promptly pnfd wtthin thirty day, noxt alter t~e sarne 6ecomes aue, or i( each and everq ihe agreements, atipu~aftons, condttiont and c~ovenanta o~ ~aid ~ note and tf~is mort9age, o~ etther, are not Jully perJormed, complted with and abtded 6y, then the entir+e ~ ~um r?tenttoned in satd note, and tl~ts mortgage, or t1~e enttre balarue unpatd t6er+eon, i1~all (oMhwttk or thereaf ter. at !he option o~ t1~e mortgagee, bec~ome and be due and payabGe, anytl~ing tn aaid nots or I~+tn . to the contr+ary nuiwtthstandtng. Fui~ure 6y il~e mortgagee to exer+cfse any o~ !he rig~ts or opttoru htretn t providec~ shall not rnnstifute a wniver of any rig~ts or options under said note or thia mortgage accrutd or ther+eajter accruing. 'There shall be a;25.00 late charge penalty for any payment received more than fifteen (15) days past the due date. - Dn ~`LIL~ t/~e satd mortgagor has hereunto signed and sea[ec[ theae pre:ents the c~ay an~ ye~r Jirot above writfen. Signed, sealed deltvered ' II~e presence oJ: ' , . • . . • ' FE LOZANO ~ • i - §USAN LO - - ~ • ? ~ STATE OF FLORIDA, ~ , - COUNTY C)F MpRTIN I HEREBY CERTIFY that on this day, before me, an o(ficer duly authorized in the Stat~ a[oresaid and in the County aforesaid to tak~ acknowledgmenu, personally appeared Fernando Lozano and Susan Lozano, his wife, to me known to bt rthe persons described in and who eaecuted the fureqoinq instrument and they acknowledged be[orc mo that they ~x~cuted the same. WI"1i'VES~ my hand and of(icial seal. in the County and Statc last aforesaid this a~ day of : J' " !';,I: ~ ~ ~:,Jan~~~ A. D. 19 $7. . ~i- • , ~ , ~ • ~ _ : ~ „x, . . , , . . . - . ~ NOTAR IC, State of F ida ~ ' . ~ ~~~~~6~, Commission expires: . , _ 3~~~~,`~ . . . ~ . : •87 FE~ 20 Pl2 ~26 ;r; r. ~ - .~~.1/ . ~ . _i~i~~ V, S._ . _ . • ~ 1/~u I~utniinf~r~ prepnr~d by: Shirley Schulz ea A~~~f~ Universal Land Title, Inc. ~8~32 PA~G~~7 l v , 2432 NE Myrtle St., Suite 2 , Jensen Beach, Florida 33457 - - - ~:-..,-...--,..a.m-- ; ~ . • - , , . .