HomeMy WebLinkAbout0991and shall perform, comply with and abide by each and et-ery the agreemenla. stipulations, conditions and
rnvenants thereof, and of this mortgage, then this mortgage and the estate heroby c-ented, shall cease, de-
termine and be null and void.
FILED AND RECORDED
ST, LUCIE COUNTY. FLA.
FiE:CORi' VER~F~Et~
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69 AUG /
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:<OO Fi ~-oITRAs
CLERK CIRCUIT COURT
Notarl- Pt~c, Sine of Fla~da at Large
Ml- Com:'tnssirn Exrres !day S 1970'
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the mortgagor hewby further rnwnants and agrees to pay promptly when due the principal and
interest and other sums of money provided for In said note rend fhb mortgage. or either: to pay all and
singular the taxes, assessments, levies. liabilities. obligations. and encumbrances of every nature on said pro-
perty: fo permit. commit or suffer no uNSSfe, impairment or deterioration of said land or the improwmenb
thereon at any time: to keep the buildings now or hereafter on said land fully insurrd in a sum o/ not less
than
in a rnmpany or companies acceptable to tha mortgagee. the poltry or policies to be held by, and payabb
to, said mortgagee. and in the event any sum of money becomea payable by virtue bj such insurance the
mortgagee shall haw the right to receive and apply the same to the indebtedness hereby secured. accounting
to the mortgagor for any surpltu; to pay all costs, charges. and expenses. Including lawyer's Jess and title
searches, rtiwsonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and thb mortgage,
or either; to perform, comply with and abide 6y each and every the agreements. stipulations. conditions and
eovenanta set forth to said note and thL mortgage or either. In the event the mortgagor jails to prey when
dw any tax, assessment, Insurance premium or other sum of money payable 6y 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 outer right hereunder. and all such payments shall bear Interest from date thereof at eke highest law-
ful rate then allowed 6y 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 lecomes due, or ij each rend every the agreements, atipulations, conditions rend covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage. or Ike entire balance unpaid thereon, shall jorthwltk or
thereafter, at the option of the mortgagee, become and be due and payable. anything in said note or herein
fo the eontrnry notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rgghta or options under said note or this mortgage accrued or
thereafter accruing.
~n ~`u1~S ~ls the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sea.~~G~ delivered a sence oj:
"~ ~
STATE OF FLORIDA,
cotJNTY of St. Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
EDWARD GANDY and MARY GANDY his wife,
to me known to be the person s desuibed in and who executed the foregoing instrument and t$ey,cknowkdged
before me that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this ~ 3 r~ day of
i9uG v s~ A. D. 19G 9