HomeMy WebLinkAbout0532and shall perform, comply with and abide by each and every the agreements, stppulationi, rnnditions and
covenants thereof, and of this mortgage, then. this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and void. -
the mortgagor hereby f u-ther covenants and agrees to pay promptly when dw the prlnMpal and^
interest and other sums of money provided for to said note and this mortgage, or either; to pay aU and
singular the taxes, assessments, levies, liabilities, obligations, and enctunbmnces of every nature on said pro-
perly; fo permit, commit or suf jer no waste. impairment or deterior+atton of sold land or fhs improvements
ther+ecn at arty itme; to keep the buildings now or hereafter on said land fully insured in a sum of not less
than an insurable value .
in a company or rnmpanies acceptable to the mortgagee, the policy or policies io be held by, and pnynbb
to, said mortgagee. and in the event any sum of money becomes payable by vt-tue bj such Instsrartce the
mortgagee shall have the right to receive and apply the same to the indebtedneu hereby secured, accounting
to the mortgagor jo- any surpltss: to pay all costs. charges, and expenses, including lawyer i fees and title
searches, reasonably incurred or paid by the mortgagee because of the jailtu+e of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: fo perform, comply with and abide by each and every the agreements. stipulattoru, rnndtfiona and
rnvennnts set forth in said note and this mortgage or either. In the swot the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum o/ money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear Interest from date thereof at the highest Iaw-
(ul rate then allowed by the laws of the State of Florida.
~` any sum of money herein referred to be not promptly paid within thirty days next after
the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not jolly performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon.:hall forthwith or
thereafter, a! the option of the mortgagee. become and be due and payable. anything in said note or herein
to the contrary nolwiihstanding. Failure by the mortgages to exercise any of the rights or options herein
provided shall not rnnstitttte a waiver of any rtghta or options under said Hole or this mortgage accrued or
thereafter accruing.
~n ~~~~ ~~~ s the said mortgagor has hereunto signed and sealed these presents the
day and year first above u~ritlen.
Signed~sea~led and deliv in the presence oj:
~~~
STATE OF FLORIDA,
coutvTY of ST. LUCIE
I HEREBY CERTIFY that on this day, before me, sw
officer duly authorized in the State atoreuid and in the County aforesaid to take acknowkdgmenu, pctaonally appeared
MICHAEL C. RHODES and SANDRA D.RHODES, his wife
to me known to be the person 8 descn'bed in and who executed the foregoing instrument gad they acknowledged
before me that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this 4th day of
August A. D. 19 69.
' FILEO'ANO RECORDEO~
ST. IUCIE COUNTY, FLA.-
RECOR!' VERIFIED
181493
.IG~ Ghfiltl,~/ti
r~0 ,cl? ~'OITRAS
CLERK CIRCUIT COURTS
I7iu IIWIildltYl/ pnrparrd by:
Addraa
.. ,;
.-
Notar Pu ic, Stater~f F t~ida
at Large . ~ .'
My come<rtission expipesl. ~ '` ~ ~ .J= _
Notary Public. State of Florida at t.aYgB,' ~ .~ ';,-~~~
tdy Commission Expires Dec. ~~6, 1969"`~
Bonded by Transamerica Irtsura'Dce Co.
'This I»sLntmertt Was Prepared B~
BENJAMIN L. BRYAN}, jR.
Raukrsona.^,ultiing BOOK~~9 PAGE 532
Fort Pie*~, Florida - -
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