HomeMy WebLinkAbout0104 ~ ' i ' '?i,
and sha~~ pe~jorm, comply with and abide 6y each u~d e~~ery ths agreements, stipulattons, conditions and 3~~ :
co~~enants i~e?eoj, and of thts mortgage. I~en thb rnortgage and tf~e estate ~erebq create~, a~a~~ ceate, de-
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termine and ~ nttll antl votd.
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~n~ t~ie mortga~o~ hew6y ~urt/~e~ covennnts und agreea fo pay promptly when clue f~s principal and
inferes! and ofher sums oj money provlc~ed ~or in aaQd note and t~ta morlgage. or eifhe~; to pay a« and
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iingu~a~ fhe ta.res, assessments. ~euies. ~Fabt~ities, ofi~igations. nnd encumbrances of e~ery naltue on saicl pro- ' "
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pertq: to permit, commit or su~(e~ no wasle, impai~mertt o~ deteriomtton of satd ~and o~ f/~e impro~ements ; j
tF~ereon at any time; to kc~p !he buildin~s now o~ hereajter on ~aid land Jully insured in a sum oj not less ; f~-'
~?~an Thirty-Five Hundred Dollars ($3,500.00) :
~n n company or companie: acceptable to the mortgngee, !h'e poltcy o~ poltctes to 6e 6eld 6y, and pnya6le
to. sat~ mortgagee, an~ in fhe event any sum o) money becomes r,Qya6t~ 6y vlrtus of sach tnsurance Ihe
morlgagee sI~aII l~ave tf~e riflht to receive and apply tF~e same to 1he indebtedness hereby secwed. uccounfing ,
to !he mo?fganor for n~y surp~us: io pay al~ coifs. chnrges, nnd experues. tn~ludt~g ~awyers jees nnd tit~e ;
seancl~es, reasonab~y ~n~~~.~10~ ~~d 6y ~I~a mortgngee because of I~e railw+e o( the morfgagor to prompt~y
nnd (u~~y comp~y wifh t{~e agreemenis, stipu~altons. conditions and c~ovenants oj satd note and lhis mo~tgage.
o~ eifhe~; fo perfo~m, ce~?~~ty wtih a~d abic~e bq euc~ an~ euery !he agreernenb. alipu~eltona, condittons anc~
covennnts se! jorth in said note and ~hr~ mortgage or either. l~1he event tke mo~lgagor fails to pay when
due any tax. assessment, insurance premium o~ otl~e~ sum oj money payable by virlue o( satd note ared tF~is j_.`
mortgage, or eithe~, the mortgagee mny pay fhe same. wtlhout waiving or a~~ecting the optton lo (orec~ose ;-~t;?,
or any otl~er rigT~t hereunder, and all suc1~ pnymenls s/~all 6ear interest ~~rom date tF~ereo( nt the higF~est law-
~ ru! rate then nllowed 6y the laws oj tl~e State oJ Florida.
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Dl any sum o~ money herein ?e%rre~I to be not prompt~y paid witktn • 30 days next u~te? t:..
the same 6ecomes due, or tj each and euery the agreemenb, slipulntions, eonditions and c~ouenants o/ said
note anc~ t/~is mortgage. or e~!{~e~. are not ju«y perf
ormed. c~omp~tec~ u~it~ an~/ abtded by, t~ien t~te entire
sum mentioned in said note, and l6is mortgage, or the entire 6alanoe tu~patd thereon, s{inll ~orthwith o~
theredjter, at the option o~ fhe mortgagee. 6ecome and be d~ ~d ~ynbl~, nnythtng in snlcl nole or herein
to t~e confrary notwFtlistunding. Faijure by t~e mortgagee to exenclse anq of !he r{ghts or options herein
prouIclecj s~a~~ not consfitute a waiuer o~ any rig~ts o~ options under anid note or t~is mortgnge ac~rnied o~
Ihereaf fer accruing. -
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tl~e said mort a o~ bas hereunto si ned nn sealed tl~ese resents the xi:`
: - ~n ~litness ~hereof, g 9 9 d p 1~:
: dny and yenr ~irs! aEiove wrilten.
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Signed, senled and drlive?ed in fhe presence o~:
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~'•,r~',.~ ~ , ~.F~1~aF,~LORIDA.
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oF ST LUCIE ~
~,.~~.~~..~1~~` . , I HEREBY CERTIFY that on t}w dar. be[ore me. an
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oTfiCer ~ul.~r authorized in the State aforaaid and in the County afore~aid to take acknowledaments. penonalir appeared
JULES A. GAGNE and VIOLETTE E. GAGNE, his wife,
to me known to be the perwng de~rn'bed in and w6o exceuted the foregoina instrument and they acknowkdged .
, be(orc me that they ezecuted the suna - ~
WI7IVESS my hand and ot6cial seat in the Couety snd State last aforaaid this eenth
January A. D. 196~F. ~
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122382 Notary Pubfic, State orida at Large
My Comm~ss:on Expi s Apnt 15, 19b6
Bonded by American 5urety Co. of N. Y.
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