HomeMy WebLinkAbout1116_' _' ,
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and shall t)erform, .ompiy tuitil o)td ~J~fi~IEaVS~~Y(Q7~e~the aureemartt:;. stipuiaiioras, conditions and
rot~Pnants !hereof, and of this nwrtgage, t{ten t{!is mortnatre oral the estate hereby created. s{~cil ceue. da-
tPrnllne and bP null nncl void.
7-ln~ the morlnanor hereby further covenants and agrees to pay promptly when dua 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 taxes, assessments, levies, liabilities, oblinattons, and encumbrances of every nature on said pro-
prrty: to permit. commit or suffer no u~astP, impairment or deterioration of said land or tho improvements
f{IPn>on of nny time; to keep ihP bulldinns now or {tereafter ort said land family insured in a sum of not less
than EIGHTEEN HUNnftRn k 00100 nOLLAR$
in ±r company or companies acceptable !o the mortgagee, the policy or policies to he held by, and payable
to, said mortnanPe, and in the event any sum of money becomes payable by virtue of such insurance the
mortganeP shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortnanor for any surplus; to pay all costs, charges, and expenses, including lawyers ,r to Pr mtii`e
searches, reasonnbly incurmd or paid by the mortgagee because of the failure of the mortgag P Y
and fully comply rl'itll the agreements, stipulations, rnnditions and covenants of said note and this mortgage,
or sither; to perform, comply with and abide by Pach and every the agreements. stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
dnP any tax, assPSSmenL insurance premium or other sum of money payable by virtue of said n~ta and this
mortnat;e, or Pit{ter, the mortgagee may pay the same, without waiving or affecting the option fo foreclose
or any othPt• rinht hereunder, and all such payments shall bear interest from date thereof at the highest I6ur-
Iul rate then allotaed by t{tP laws of !hP StGIP of Florida.
~t any Burn of money herein ref PrrPd to bP not promptly paid tnilhin Yt t,irtydays next of isr
the same becORiPS due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortnane, or either, are not fully• performed, complied with and abided by. then the entire
sum mentioned in said note, and this mortga$P, or the entire balance unpaid thereon, shall forthwith or
ihereajter, at the option of the mortgage, b^come and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure Ly !hP mortgagee to exercise any of the rights or options herein
provided shall not constitute a tuaivPr of any ritthts or options under said note or this mortgage accrued or
therPpfter acc•nlinn.
~n ~itr~e55 whereof, the said morktngor has hereunto signed and sealed these presents the
day and year first shoos uvitten.
Sinned, sealed artEl rlPliverrd in the presence of
Gf/G.~~iC.(Y .
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STATE OF FLORIDA,
COliNTY OF ST. LUCIE t HERESY 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
Charles C. Saal and Henrietta M. Seal (formerly husbanr] anti wi
to me known to be the person described in and who executed the foregoing instrument and acknowledged
before me that
excelled the same.
~yr,T`F.SS my hand and o(ticial seal in the County and Stah last aforesaid this
23r(1 day of
November A• D. 19 6z
Notary Public, State of Florida at Large
11.~6~J My Commission Expires May 17, lcs~6
s/ Bonded by American Surety Co. of N.~
Fll.~t~ AND RECORDED ~ ~ ',.:~;
1962 ~lOY t4 R~ 10:40. ~I_/~:J`~ ~':a -'>~ - _
ROGER ?OITRAS,CIERK = •.~, ~ :.~•.:~:- :"
S1. LUC1E COUNT, FL~JRI :. , .... .
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