HomeMy WebLinkAbout1365 ¦
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~ ~ and shall perjnrm, romp~y witj~ and ahi~e by each anc~ eaery t~te agreements, stipu~aliont, c~o~dilloru arq~ ~ ~
~ ~ corenants thereoj, and o~ !{~is mortgagr, then this ntortgage and tl~e estale he?e6y created, sf~a~r cease, de- ' i
~ tprmine and be null and i~oid. ~
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~ i Il~~ t~~p morfga~or {~en~6y J~the~ rovenane~ aru~ agrees fo paY Promptjy w~er? t~t~e? t~ta princip~~ and
~ ~ inte?~+st ancr at~er sums oj money provicjec~ ~or in sait~ note and this mortgage, or s+ifher; to pay a~~ anc~
; ~ sin~ujar t{~e la.r~a, assessments, ~vies, ~iabi~ities, obli~ations, anc~ encum~mnrey o( every nafure on ~aid pro- ~
~ perty; ta permit, cammit or suf Eer no waste, impairmenf o~ deteriorafion o~ said Iand or the lmproWementa i
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. I ~hPl"PO?1 O~ [tllV ~tII1F; ~O kepP rhe hUt~R1~1~1 170fU or he~vaf ~PP Oh <aid Iand f U~~y t/tSU~Pl1 ltl d SUIII OJ IIO~ 1P13 ~ ~
~~an
~ ths princiFsi asount oi thi~ aar~gag• ~
j~ in a rompany or companies arcepta6le to t1~e mortgagee, the po~icy or policies t~ be hPtd 6y, ant~ payable ~ ~
to, said mori~a,y~e, and in the event any sum of money becomea ~yabt~ by virtue oJ s.ich insurance the ~
II mortga,qee shall hnve the rig{~t to receive and apply t{~e same fo ihe indebtedness ~~ereby se. .rec~, accounti?tg -
to the morf,qac~or jor any surplus; ta pay a~~ costs, cha?ges, and expenses, inc~uding ~wyer's /eea ancl tit~e
searches, reasona6ly incurrrc[ or paid by the mortgagee 6ecawe o( ~tF~e (ailwr nf the mort~agor to prompt~q
` mul ju~~y comply u~ith fhe agreements, stipujations, condition+ antl covanants oJ saic~ note anc~ thu marlga~ge. ~
~i or either: to pprform, comply with and a6ide by each and every the agreewtenta, stipulations, conclitians and
;j covenants set forth in said note and t{tis mort~age or eit~er. In the euent tlte mortgagor faila to paq when
due any ta.r, assessment, insurance premium or other sum o/ money ~ayable hv ~irtue o/ said note and thia a~
~ mo~tgage, or either, the mortgagee may pay the same, without u~utving or a~fecting the option to forecjose
` or any otleer right hereunder, and aII such paymenls shall bear interest ~rom date thereo~ at tlie Ttighest Iaw- l
~ul rate il~en allowed by tl~e laws of the State oJ Florida. I . F':
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~I ~L any suin of mon~y herein ref errec~ to 6e not promptly paicl within • t}~rt,~ days next af ter `~s
~i the same becomes due, or i~ each an~ every the agreements, stipulations, conclitions and covennnta o/ said _
~j note and this mort,qa,ye, or eilher, are not (ully per~ormed. complied wit~ and abided by, then the entire
!i sum rnentioned in said note, and this mortgage, or tl~e entire balance unpaid ther~eon, si~all ~ortiewith or
1~ thereafter, at tf?e optian of tf~e mortgagee, 6ecome ancl be due a~?d pnyabl~, anqihing in saitl note or herein ~
~ to t~re contrnry notwit{~standing. Failure 6y the mortgngee to exercise any o` t{~e righls or opt~ons {~erein ~ 5.,~
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providerl sholl not constitute a waiver o~ any rights or oplions under saic~ note or this mortgaage accruec~ ar
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~ therea)tc~r acrruing. _ ~ ~
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~ tl~e said morigagor has hPreunto signed'anc~ sealed these preaents the _
~n ~itness ~hereof - `
~ c~ay an~ year jirst aho~re u~ritten. . ~ ~
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;f Sig , sealed an delirpred iri the ~1'PSP?iCP o~: j
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iI STATE OF FLORIDA, ~ j f ~
i~ COli1~TY nF 3~ LUCIE ~ ~
: ~ 1 HEREBY CEctTIFY that on this day, before me, an j ~ ' S
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` officer duly authorized in the Stat~ aforesaid and in the County afaresaid to take acknawledgments, personally appeartd i i
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" BOBERT PAQBY and JIII+IA PiORY, hie xife! ~
~ to me known to be the person $ describr,d in and wfio executed the for~qoinq instrument and ~,h~~ arknowltdged ~
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; Ij before me that 'th~~I exrcuted the same, i l~
~4'ITtiE55 my hand and official ual in thr Caunty and Siatc last aforesaid this '2~t,h day of +
~ ~ugust v. is ~5 i i !
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. ~ Notary PuStic, State of Ftcrid~ at Liro+ '
,I~ 1+1
:~]-4~D E~ 0 R~ E~ Mr Commtssion Expires Mor. 28, 19bb
. . S o OK lwnd~d C~ Amxican Fia a Gsudty Cc .
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~ ~T. L'JCI~, COU~JTY. - - . ; ;r; ~ ~ -
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i1 J F~..ORIDA r I
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- ° ~ 125 164
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