HomeMy WebLinkAbout2475rend shall perform, comply with and abide by each and every the ogree+nenb, stipulattoris, conditions arsd
rnt-enanb thereof. and of this mortgage, Ihen thb mortgage and the estate hereby created, shall cease, de-
termine and 6s ntlil and void. -
the mortgagor hereby f urlher couerlants and agrees to pay promptly when due the principal and
Interest and other sums of money provided for in said note and this mortgage. a either: to pay all and
:Ingular the taxes, asseumenb, levies. liabtkttes, obligations, and ertcumbranea of every nature on said pro-
perly; to pe-mtt, commit or suffer no waste. impairment or deterioration of said land or the improwmenb
!hereon at any time: to peep the buildings now or hereafter on said land f uUy insured to a sum of not less
than ONP~ID principal amount du• on this mortgage
in a rnmpany or eompaniea acceptable to the mortgagee. the policy or policies to 6e held by, and payabb
to, said mortgagee, and in the anent any sum of money becomes payable 6y virtw of such irutu~artce the
mortgagee shall breve the right to receive and apply the same to the Indebtedness hereby secured, aeeountlnp
to the mortgagor /or any surplus; to pay all cosh, chntgea, and experuss, including lawyer i fees and title
searches, reasonably tncun+ed or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and eovenanls of said note rend this mortgage,
or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
rnvenants set forth in snid note and this mortgage or either. In the event the mortgagor falls to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of aaid note and fhb
mortgage, or either. the mortgagee may pay the snore. 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 lnw-
f ul rate then allowed 6y the laws of the State of Florida
~l any sum of money herein referred to be not promptly paid within Np110 days next after
the same bernmes due, or ij each and every the agreements, stipulations, cnnditions and eovenanb of said
note and this mortgage. or either, are not fully performed, complied .with grid abided 6y, then the entire
sum mentioned in said note, and this mortgage. or the entire balance unpaid thereon. shall forthwith or
thereafter, at the option of the mortgagee. become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to-exercise any of the rights or options herein
provided shall not constiftrte a waiver of any rights or options under snid note or fhb mortgage aca~ued o-
thereof ter accruing.
~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Sign s led and deGuered in the presence of
,- GosSdan Cl~
Ma aline Clark
x
S'L'ATE OF FLORIDA.
coulvTY of gt. 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 acktwwkdRlnenu. personally appeared
Gordan Clark, joined by his wife, Maryanne Clark
to me known to be the person deacnbed in and who executed the foregoing instrument and they acknowledged
before me that the!/ executed the same. ~ 'l
WITNESS my hand and official seal in the County and State,lut aforesaid this ~ V day of
~~r A. D. 199
,r. ,, v~~L~ : ~,` .
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~Np R~C~R~FL Notary Public, to a of Florida
~TLLVi;tE ~c~':~~,.c: at large
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C~i~Rws
GL£~tIC ;,iR J
T/ia Inaranrnt pre.-pared by:
Add>r!ss
tldt~"/ -UlfUC STATE OF FUORIDA AT lJIR6F
MY OOMMISSION EXPIRES DEC. 17, 1971
~rrw/.A Tkorp YrnsRi • N~cWtNrry, lea
Tests INiTRUMF.NT pREPAR~ ~
JAMES E. ALDERMAN
BROWN • ALDERMAN. LA••ryER3
EOwT *, fa`^~ •350
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