HomeMy WebLinkAbout2145 an~ sha~~ perform, comp~y wit~ and a6ide by each and eoery f~e agreemenls, atipujatto~s. cond~fiona and
c~o~~enants thereo(, and oJ this mortgnge, then Ihis mwtgage. and the estate here6y created, shaU ceaas, de-
te?mine and 6e null and twid.
~ ths morlgago~ hewby ~urtl~er rnuena~la and aereea to pny promplly whvn due tha principal and
interest and other sums oj money provided jor tn sa~d note and tl~is mortgage, or eilker: to pny all and
sin~ula~ the taxes, assessments, ~e~ies, ~tabilifies, ob~tgaftons, ana encumbmnces o~ every nafure on said pro-
perly; fo permif, commit o~ su~fe~ no waste, impairme~t or c~efe?towlion o~ satd l~d w f~e improvemenfs
fhereon at any time: to keep the 6u~Wings now or hereaJfer on Sa~d I~nd Ju~~y insured tn a sum oj not ~est
than Sevent¢en thausand five hutdred dollars
i~ a compa~y or companips acceptn6!e to the morl9agee, Ihe policy o~ policies to 6e heW by, and paya6ls
to, soid mortgagee, and in 1he event any sum o/ money 6eeomes ~yo6l~ by virtue oj such insurance the
mortgagee shall ha~~e the right to ~eceive and apply the snme to the inde6fednesa here6y ascured, aooounting
fo !~e mortgagor ~or any surp~us: to pay a~~ costs, charges, and expenses. inc~tull~g ~awyer s~ees antj tit~e
searches, reasonably inc-urred or paid 6y fhe mortgagee because o( the jailure o~ the mortgngor to promptly
and jully comply wiff~ Ihe agreements, stipu~ations, conditions nnd eovenants oJ satd note and this morlgage.
w eilher: to perjorm, comply wit{~ and a6ide bq eacl~ and every the ng-rements, afipu~attons, condttiona and
covenants set Jorllt in saic~ note and t~is mortgage or eit~er. /n the event the matgagor fni~s !o pay when
due any tax, assessmenf, insuranoe premium o~ ot~er sum of money payable bq virtue o` said note anc~ t~ta
morfgage, or eithe~, t~e mortgagee may poy tne snme, wit~out w~ivtng or a~~ecftng t~e option to foreclose
or any otF~er rig~t ~~ereu~uie:, and alI sucl~ paymenis shall bear tnterest jrom date thereoj at the l~ighest law-
fuI mte lhen allowecl 6y !he laius of tl~e State o) Florida.
~l any sum o~ mon~y herein re(errec~ to ~ not promptjy paic~ wit{~in 3~ daya ?wxt nf
ter
the same 6pcomes due, or i( each and every the agreements. slipulutions, conditions and covenants of said
no~e and t1~is mortgage, or ei~her, are not /ully per/ormed, complted u~it6 and abided by, tlten the entire
sum menlioned in said note, and tl~is mortgage, or the entire bn~ance unpaid thereon, shall ~ott/~with or
tl~ereaJte~, at the option oj the mortgagee, become and 6e due and paynble, anylhing ~n said note or 1~erein
to tf~e contrary notu~ithstancling. Failure 6y the mortgagee to ezer+cise any of the rig~fs or opHons ~erRin
provic~e~ sha~~ not consfitufe a u?airer oJ any rights or oplions under snie~ nofe o~ this mortgage acrniec~ or
IhernaJt~~ accruing. ~
~n ~~~1~ fhe said mortgagor has hereunto signecl anc~ sealed these presenls ttie
c~ay anc~ yenr ~irsf ahot~e ~rriflen. ~
Sig?i sen~ed and ~ivered in t~e presence of :
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F STATE OF FLORIDA, ~ ~
~ c~L ~~rsr oF ST. LUQE
~ ~ I HEREBY CERTIFY that on this day, before me, an
officer dul~• authorized in the State aforesaid and in ~the Counq• a(oresaid to tak~ actnowledqments, penonally appeared
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CIAf~NCE T. GIBSON and MAKi~ L. GIB60~1, his ti+ife,
to mc known to lx thc ~ n~n S deuribed in and who ~executed the torcqoinq instrum~nt and Vt10 acknowkdged
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~ befon• me that they ~x~cuted the same.
~ NIT\ESS my ha~d and official seal in the County and State last aforesaid this 12t,~1 day o(
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~ r~tl~i A. D. 19~.
, f•~'•, %'7 I
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i;. MTA~ M~LI~. =TATt N llO~A AT l!~ I
~ ~ ~ t ~ = : MY COMM~SSlON EXPIRES N01~. 12. 1971
. . ? ~ ' : ' pNOtO IMIWVOM ?R[o M. O~~tTt~pows~ ~
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FIl.EO AND RECORDE ~
IE COUN?Y. FLA• ~
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~ ST. LU C~ . r. . '
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~ ~ ~ 5 p~ ~p : 20 1
~se su~
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~L~RK ~~~cu~t covaT ;
~oR 172 P~2134 '
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