HomeMy WebLinkAbout0759~'o K 2 1UU
ST LUCIE COUNTY. FLA.
and shall perform, comply with and abide by each an~ every the agreements. stipulations, conditions and
covenants thereof, and of this mortgage, then this mortgage and the tafate hereby crrafed, shall cease, de-
termine and he null and void.
7lllil the mortgagor henrby further covenants and agrees to pay promptly when due the principal and
interest and other auras of money provided for in said note and this mortgage, or either; to pay all and
singular the taxes, assessments, levies, liabililiea, obligations. and encumbronces of every nature on said pro-
perty; to permit, commit or suffer no waste, impairment or deterioration of acid land or the improvements
thereon at any time: to deep the buildings now or hereafter on said land fully i-uured in a sum of not less
than the unpaid principal amount of this mox =gage.
in a company or companies acceptable fo the mortgagee, the policy or policies to be held by, and payable
to. said mortgagee, and in 1hs event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting
to the mortgagor for any surplus: to pay all coats, charges, and expenses, including lawyer's fees and title
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seun~nes, reasonauty incurrea or psis oy ine mortgagee uenause of ine luisure ut iue n.wiyuyur :., N~~r..Ni.r
and fully comply with the agreements, stipulations, conditions and covenants of said note and Chia mortgage.
or either: to perform, comply with and abide 6y ench and every the agreements, stipulations, conditionu and
covenants set forth in said note and this mortgage or either. -n the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of snid note and this
mortgage, or either, the mortgagee may pay the tame, without wnivtng or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
(ttl rate then allowed by the laws of the State of Florida.
~l any sum of money herein re(PRed f0 6e not promptly paid within thirty days next after
the same becomes due, or if each and every the agreements. stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed. complied with and abided 6y, then the entire
sum mentioned to said note, and this mortgage, or the entire balance unpaid !hereon, shall forthwith or
thereafter, of the option of the mortgagee, become and be due end payable, anything fn said note or herein
j fo the contrary notwithstanding. f aiiure by the mortgagee to exenMse any of the rights or optioru herein
~~ ; ^ovidcd shall no! cor•.;titute a u:aii..=r of any rigl;ii ur VpitUn9 under said note or ibis mo-igags accrued or
I~ thereafter accruing.
In ~~uleSS ~!ho!'tt~fa the said mortgagor has hereunto signed and sealed these presents the
day and year first atone written.
Signed, sea -d and delivered in the prea nee of
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p
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Lola E. Pi i
STATE OF FLORIDA,
covNTY of INDIAI3 RIVER
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
o. F. Pippin and Lola E. Pippin, his wife,
to me known to be the person t3 described in and who executed the foregoing instrument and they acknowledged
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WITNESS my h,~a sad offira! :rat i~. the wanly gnu Siatr last aforesaid this ~_ ~ / ~_ day of ~
January A. D. 19 (~1. ~.,-~s;~
~~_~ss
,; :....: pf~;, •yti FILEO AND RECORDED ~ ~ -- -- ---- -------•--------- ---------- -
No a Public State of Florida
,. At Large.
.,",~,~ ` --•- ~~; tor.. ~~t~ ~7 ,~.. ~}: 31.
,. ~ I / L ` ~ ' \ -_ ,;>= : ~ ~ ~ ~ ~ ~ My Commission Expires g
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