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HomeMy WebLinkAbout0918 a?id ihall perJorm, co?np~y wllh and a61de 6y eaci~ a~d every l~e agreementi, ~Ilpulatiori~, condlttoru aru~ co~~enanfa Fhe?eoJ, and oJ thta morl~tape, Ihe~ this mortpage and Ihe eatate l~ereby crnated, tl~all cea.re, de- , .'te?mtne and be null and irotd. f~ie mortgapor ~eraby ~urt~er rnvenanlt and agree~ to pay prornpfly wJ~en.due ihe p~inclpal and interea! anc~ ot/~er sums o~ money provtdecj (o~ in satd note anc~ thu morlgage, or elt~er; fo pay aII and atngu~ar the laxes, assesamenfs, levtes, 1labt~tfies, objlgallons, and encumbrancea oJ e~ery nuiure on aatd pro- perty; fo permtt, comrr~ff or suf~er reo wasfe, impairment or deter[oratton of aatd land o~ the tmprou.ement~ t~erecn at any 1(me; lo ~pPp ~Ap buildtnns now o~ hereaf t~r on ~aid land /u~~y insurec~ in n aum o~ nof ~eas t{,an highest insurable value in a company or companies accepta6le to the morlflaflee, fhe policy or poltcie: !0 6e held 6y, and paya6Ge to, saic~ mortgagee, anc~ in f~~ event any aum of monay 6ecomea payable 6y virtue b~ suc~ inaurance the mortgagee shal! haue the right to recetue and apply fhe same to ihe indebtednesa hereby secured, accounting ` to i~e mortga~or (or any aurpius; to pay a~~ costs, cha?ges, and expenaes. ~ including ~awyer'a fees and lJfle seatc~~es, reasona6ly Incurred or patd by t~e morfgagee because o~ ihe (ai~ure o~ the mortgugor to prontplly - and jully comply wit~ f~e agreements, sttpu~af~ona, condtttons and covenanta oj sa~d note and ~hts mor~9age. or either; to perform, comply with and abfde 6y each und every ihe ag~eemenfa, stipu~attona, condtfions ant~ covenanfs set lo~t~ tn said note arec~ thts morfgage or el?her. ~n fhe e~ent the mortgagor ~ai~s fo pay u~hen - due any tax, assessmani, inauraace premium or othe~ sum of money paya6[e 6y vtrlue oj snid note aad this mort{~a~~, or either, the mortga~ee may pay fhe aame, wIthout u~aivtng or ajfecting ihe option to ~arec~ose or any olher rigf~t he~eunder, nnd all such payrr~ents shall bear in~p~eat Jrom date lhereo~ at the higheat law- _ ~U~ M~(~ ~I1Pft A~~OWC~ ~y ~Ilp ~4WS O~ tI1P JtQ~R O~ F~O~~Q. DL a?ty sum of mon~y herein re(erred lo be not prompt~y paid withtn fifteen c~nys next ajter Ihe same ~ecomes ~ue, or if eac{~ an~ euery fhe agreemenls, stipu~ations, condifions anc~ covenanfs of said note and this mortgac~e, or eill~er, are not ~ul~y pe~Jormed, complied wtlh and abided 6y, Ihen tl~e enttre sum mentioned in said note, and Ihia mortgage, or Ih e enltre balanc~ unpc~id thereon, ahall /orlhwith or ihereajter, at th~ optton oj the morfc~agee, 6ecome and 6e due and paya6le, nnqfhing in satd note or heretn lo fhe conlrary nolu~ithslanding. Fai[ure by the morlgagee lo exercise any o~ fhe r8g~ts or opttoru ~e?+etn prouided s/~a~~ not consfitutp a waiver o~ any righ(s or options unc~er saic~ nofe or thFs +norfgage accnee~ o~ t~ereajf~r accruin~. ~n ~~lll~s ~h~reof~ I~e sai~ morl~ngor ~as ~iPr~unla signe~ an~ seajec~ ftieae presents ihe c~ay anc~ year jirst ahore ritlen. I S~ P~. sealed p~tl~ ~P~ll~p ~ ~ prPSP7tCP O': . ~f!li~...~.---:.._.........---- ~ _.i..._._ Mohamad Hamdan ~ - ~ . - - - . . STATE OF FLORIDA, ~ COU:~TY nF ST. LUCIE I HERF.BY C:ERTIFY that on this day, before me, an offictr duly authorized in the State aforesaid and in the County aforesaid to tak~ acknowled.qments, prnonaUy appeared Mohamad Hamdan, a single man ~ to mc known to be~ the pcrson desrribed in and who executed the for~Qoinq instrument and Wh0 acknowledged before me that he ~xccuted the same. ~1'I~'NESS my hand and official ual in thc County and Stati• last aforesaid this 3rd day o( M~Y A. D. 19 87. . ~tiSJ~ 1 . . s ..t.~+. ~ s~y ~ ~ , ~~9 '87 ,~1-9 I~O ~9 ~ _ t+i T ~ . , F•, t~ • . ? FILEC: . ~ s•; _ "'OFDkU - . _ . r- ~ OOUG' ~i*! Ci.ERK , • ~ SL ~il:~,~ C ~ItNTY. FL. ~ ' i' 1%is ha~ninie»~ prcpnrFd h y: ~`'`',~u ° R 545 ~F 917 ~QaK ; . :a~.--+~..ew~-~+- . . . _ .