HomeMy WebLinkAbout2297 and sl~nll p~r/orm, cornply u~i~li a.ed abide by each and ei~ery tl~e ag~eements, stipulafioris, conditions and
cor~eiianJs ther~oJ. ~nd o{ Ihis mortflafle. Ihen this mortgage and the estate here6y crentecl, shall cease, de-
Iprntir~e m~tl ~p nu~~ an~~ i~oi~.
Tin~ ttiN mort~a~~or ~~~retiy ~urther covena~fs and agrees to pay promptly when due t6e principal and
inleres! and OIIIP~ su~ns of money pro~~ic~e~ jor in saic~ note and 1{~ts mortgage, o~ pll~P~: to pay a~~ and
sin~ular the farPS, assessmenls, levies, 11a6ilities, obligalions, and enctemb?~ances o~ every naiure on sai~I pro-
perly; to permil, commit or sujfer rio ~vasle, impairment or creleriornfion o~ sa~d bnd or I~e improvemenfs
Ihe?e~rn at any 1ime: io kPpp ihe huilclinf~s now ar f~ereaft~r on ~aid Iand ~ully tnstuecr in a sum of not Iess
than $E~E~ ~p~~p ($17 ~ 000. 00) DOLLARS
i~i a company o~ compani~s accepln6le (o Il~e morlga~ee, the policy or policies eo be held by, QRd ~ya6l~
to, saic~ ~?IOrI~QQPP, an~ in ~~p PUBIIt u~~y sum of money becomes payable by virlue oj such insurance ftie
mortga~ee shall hac~e tl~e rtght ?o rc~ceit~e and apply the same 1o the indebtedness here6y secured, accounting
to f/ie rnortganor ~or any surpleu: fo poy a~~ cosfs, chnrpes, ane~ expenses, inc~uding ~awyers fees ane~ fif~e
sparrties, rpason~6ly incur?~I or ~a~d by t?~P mortgaflee because o~ if~e ~ai~ure o( fhe mo?lgago~ :o prompt~y
nnc~ JuIIv eomply u~ith Itie aflreemer~ts, sfipu~ations, condilions and covenanls oJ said note an~ f~is morfgnge,
or eifher; to perJorm, t~omply tuitl~ and abide by euch and every !he ag?ee~nenfs, stipu~ations, oondifions and
covenants set forfh in saicl note and lhis mortgage ur eit{~er, ~n l~e event lhe mortgugor ~ai~s io pay w{~en
c~ue any tax, assessmc~nt, insurance premium o~ olF~er sum o~ money pnyable by virtue o~ said note and this
morlgage, or eif~ier, I~e mort,qagee may pay t~e same, u?if~out waiving or oljecting !tie option to ~oreclose
o~ any otlte~ riql~t ~ereun~er, and aIl such paymenfs sha1l bear interesf ~rom c~ate ther+eo) at the l~tgl~pst law-
rul r~le Ihen a~lowe~ ~~y I~e ~au~s o~ f~e Sfate o~ Flori~a.
~l any sum o( money /~erein re(errc~ to be not prompfly paicl w~rh~Rthirty(30)day: next a~ter
tf~e same becom~s due, or i( eacl~ and euery II~e agreements, s(ipula~ions, conditions and c~ouenants oj said
nole and Il~is murtAa~e, or either, are not (u~ly pe~/ormed, complied witle and abided by. lhen 1/~e en~ire
sum mentioned in said note, and this mo~tgage, or the entire bulance unpaid thereon, shall (ortl~with or
t~erpa`ter, at tti~ op~ion o/ t/~e morigagee. 6ecome ond 6e due and pnpnble, anytF~ing in said nate or herein
to f~e controry notu~ithslaRding. Fnilurn 6y the morlgagee to exercise any of the rig~ts or options {~erein
proi~iclec~ sha~~ nol conslitutp a u~aiver o~ any rig{~ts or options under saicr note or t~ts mortgage accrued or
f{~ereaJler ~ccruing.
~n ~~~I~~S ~hereof~ I~te saic~ morl,qagor has ~ereunto signetl ant~ sea~et~ fhese presenfs the
~ay ancJ year Jirst ahoi~e u~riflen.
$igned sealPC~ ancl ~Ieli~~erecl in f~e pr~sence oJ: ,
~r ~ ~ .a..fli-~z c~t
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~ CA,e~r~e 'E . i ore
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RECORDF A V~~~ia W. Gilmore
FIl.EO AND ~
-LUet~--GQUt~l
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STATE OF FLORIDA, ~ R~ ~RT )
COL'NTY OF $T. ~~y+g~ ri~CU1T C }
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I HEREBY CERTIFY that on this day, beforc me. an
officer duly authorized in the State aforrsaid and i~ the County aforesaid to tak~ acknowkdgments~ penonaily appeared
Gearge E. Gilmore and Virginia W. Gilmore,his wife
to me known to be the person g descnbed in and who esecuted the forrgoinq instrummt and they acknowkdged
' bfforc me t6at they ~x«~«a the same. ~
~ "~r:,,,. WI7~IVESS my haed and o(ficial seai in thc County and State last aforesaid this day of
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. ••.~CeiR~Y' A. D. 19 69.
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; c- Notary Public, State of Florida
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• = • ~ At Large
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' : ' My Commission E~cpires : ~
THIS INSTRiIMENP p~REpARED gy:
CHARLES E. BECHT, Attorney
P. O. Box 548, Fort Pierce, Fla. 33450
~ 600K1~~ PAGE~2~~
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