HomeMy WebLinkAbout0996 and shall perform, comply wllk and abide 6y ~cl~ and e~~ery tl~e ng?eQnt~nts. :tipulationa, c~ondittons and
covenanb thereo/, ar~d oj thia mortgage, tl~en thta mort9age and tk~ e~tate hereby crwt~d, aRsU csast. d~-
te?mine and 6t null and votd.
~ the mortgaaor hen+by ~urther covenanta and agrees 1o pay pro~nptlr uil~en dw tk~ principn! and
interest and other sums of mo~ey providetl ~o? in aatd note and tkia moMgugo. or Nt~~r: to pay au nnd
singu~ the taxes. nssessme~ts, jeuiea. ~Iabt~ities, o6ii9a~to?~, and e~cumbr+ancys o~ ~very natun oh sai~ pro-
pe?fy; to pe?mii, commi! or su~~er no wasle. impairment o? deteria+aHon o~ satd land or th~ iinprowmenb
thereon at any time: fo keep t{~e bui~ings now or tierea~te? on said lnnd jul~y inaurer.~ in a sum o~ not ~eas
- EIGHTY FIVS HONDRED de 00/100 DOLLARS
in a company nr com/wnies acceptab~e fo t~e mwtgagee. the po~tc~r or po~iciea to 6e ~e~ by, ana papab~i
to, said mortgngee, und in the event any swn of money becomea ~xi~61. 6r virtue oJ auch insuranc~e tF~
morlgagee :6all have the ~ght to receiue and apply the aame to the ir~debtednesa kwe6y ~ecured, ac~oounttnp
to the mortgapor ~~ny swp~us: to pay all costa, c~arges. and expenset. incjuding ~~a ~s~s and tlt~
aearches, reasona6ly inciured or paid 6y the mortgogee bec~awe oj tke /ailun o/ e1,. ~ea~~ eo ~~eh
and ju~~y rnmp~y wif~ ttie ag?eements. afipu~ationa. conditions and covennnb o~ said rtofe and thit mortgapt.
or ei!{~er; to perform. comply with nnd n6tde by ench and every t~e agr+ee~nenb. stiptaatloni, oonditiwu and
conenanta aet forfh in said note and t1~la mortgage or eitl~er. ln ~he ~.ne el~. ~.es~. /~i. eo ~r ~?~.n .
d~ ~r t~r, assessment, insurance premium o~ other awn oJ money payable 6y nirtue of said not~ and thb
. mortgage. or either. tRe mortgngee may pay t1~e same, wit~out wnfving or uJJecting ehe option to joreclose
or uny other right hereunder, nnd all such payments ahnll 6ear intsrest ~rom date ther~eoJ at t1~ higl~tat Iaw-
~uI rate then allowed by Il~e luws o~ the Stnte o! Florida. .
~I any sum oj money herein re~erre~I to be not promptly pairl within thirty c~ops next ajt~
the same becomes due, or if each and euery f~e agr+eemenfs, sftpulations, conditions and oovenanb o~ aaid
note nnd t6is .mortgage, or either, are not /ul[y perJor~ned, oompiled with and a6tded 6y, th~n !he entiro
sum mentioned in said nole. and thts mortgage, or the entire bn~nnce unpaid thereon. s~ Jorthu~ith or
thereaJter, at t~e optton o~ the mortgagee. 6~e and 6e d~ ~d ~xi~61~. anythtng in aaid rwt~ or ~?e?tin
to f~e confrarq notwil~slanding. Failure by f~e mortgagee fo exerctse anr of th~ ~ghb or options ~iee+etn
prouided sha~~ not conslifute a waiuer o~ any rig~fs or opfiona under satd note o? this nwrtgage eocnu~ or
t{~ereajfer accruing.
~n ~~Lll~ t/~e saFcl morfgagor ~as {~eneunto tfgne~ artd sea~ t~esf proaenti the
day and year first n6o~e wrilten.
Sig , sen~ nn c~e ' rec~ in the presence o):
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STATE OF FLORIDA, ~
GOUNTY OF ST. LIICIE
I HERSBY CER7IFY t6ac on this day. bdwe me, an
officer duly authorued in the State aforesaid and in the Couaty aforesaid w talce acknowledamenb, perwnaUr appeand
ARTHUR C. GRAVATT and I~fARGARET H• GRAYATT, his xife
~ to me known to b~ the p~rton3 described in and who executed the foregoing instrument and tt1Ay acknowkd6ed
~ before me t6at tt1A3T exceuted the same.
~ N ITNESS my hand and otticia) seal in the County and Swte last atoresaid ihu ZZtt1 da~ of
I'~81
Ctl A. D. 19~
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O Notar Pub:c. . 1~
' My ~ommisson Exp:res Mey 17,
~ t-' - 900K gpndad Gy Amencan Sun~y co. a N.~
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~ ST. LUCIE COUNTY.
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FLORIDA
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