HomeMy WebLinkAbout2836 an~ sha~I perJorm, comp~y wlth and a6ide 6y eac~ and every t~e aflreements, s!lpu~attoria, conc~ittons and
covenanfs the~eo~, and o~ Ihis mortgage, Il~pn this mo~tgage and Il~e estote {~e?e6y created, shall cease, d~-
lermine anc~ 6e na« an~ i~oi~. -
~ t1~e mortgo~or I~en~6y (wlher couenanla ond ogreea to pay prompfly when due Jlte W~incipol nnd
inferesl nnc~ of{~er sums o~ money provided (o~ in saic~ note and th[.t mo?tgage, o~ either; fo pay a~~ nnd
singu~ar Ihe la.res, assessments, ~evies, lta6ilities, ob~tgafions, and e~cumbmnces of every naluro on said pro-
periy: fo permil, commit or su~Je~ no waste, impairmen! or c~efe~iomfion o~ snicr ~and or fhe improvemenls
ihFrecn n1 any Iime; !o Jrpep Ihe I~utl~Iings nou~ or he?pa/ter on said land /ully inaured i~ a sum of not leas
~haR Eight Thousand and 00/100-------------------•--------_----------pollars
in n company or rnmpanies acrppta6le to tF~e mo~tgagee, tl?e poltcy or poltciea to be held 6y, and paynble
to, said mortgagee, and in Ihe event any sum oj money becomes pnyab~e by ~irtue b~ such insurance the
mo?tflagee shall ha~~e Ihe right to receiue and apply Ihe sa~ne to tl~e inde6tedneu here6y secured, accounting
to the mortgngor jor nny au~p~us: fo pay a~~ costs, ctiarges, and expenses, including ~owyer ~~ees and fit~e
searc~es, reasoria6~y ince~rre~ or paid 6y the mo?tgagee because of !he lai~ure o~ !~e mortgagor to protnplly
anc~ lul~y comp~y wifh ftie ag~eements, stipu~aiions, rnndifions and co~e~anls o~ snic~ nole anc~ t/~is rnorfgage.
or either; t~ per~o?m, c~omply wtth and a6ide 6y eacl~ n~d every the ag~eemenis, atipulalions, conditlons and
covenanls set /0?11~ in said note und fhis mo?tgage or eit~er. ln the e~ent the mortgagor /atls to pay when
due any tax, assessment, insurance premium or ol~Pr sum oj money paya6le by virlue oj said nole and tkis
morfgage, or either, t~e mortgagee mny pay fl~e same, wit~out woiving or aJ~ecting the option to ~orec~ose
or any oiher rigl~t l~ereuncler, and nll such pnymenb shnll 6ear interest ~rom dale thereof at the letg{~es! lnw-
f ul rate Ihen allowed by the laws of the State o( Flo?ida.
sl any sum of monFy herein re%rred to be not promptly paid within 3~ dnys next a~ter
f{~e same be~comes crue, or i~ eac~ aa~.euery Itie agreemenls, stipu~ations, conditions ancr couenonts oJ saic~
note and this mo?tgagp, or eilher, are nof /ully perjormed. complied with and a6~ded 6y, t{~en the entire
sum mentioned in said note, and this morlgage, or t1~e entire balnnce u~pnid thereon, sf~oll jorthwitk or
tl~ereajter, at t1~e option oJ the morigugee, become and 6e due and pnpa6le, anytl~tng in said note or herein
to f/~e canfrary notu~it{~stancling. Failure 6y the mortgagee fo exercise nny o! the rig~ts or options herein
prot~idecj sha~~ nof consfifufp a waiver oJ any rig{~fs or options under sait~ note or t~is mo?fgage nccrued or
therea~ter accruing.
En ~~lll~s ~~~~1~ the said mortgagor has I~preunio signed an~I sealec~ ll~ese p~esents the
c~ay and year ~irst a6ot~e « ~riffen.
Signed, seple and c~eli~~erecl i the presenc o):
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~ Clyde . Gibson
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STATE OF FLORIDA, t
COL':\TY OF $t . Luc i e ,
I NEREBY CERTIFY that on this day, betore mq an
ofti~er duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledgmcnts, prnonally appeared
C1 yde W. Gi bson
to mc known to b~ thc penon deuribed in and who ezecuted the (or~qoinq instrument and ~1C actnowledged
beforc me that ~'te executed the ume.
N I7NESS my hand and of(icial seal in the County and Seate last a(oresaid this day of
DeCCItI~~ A. D. 19 69.
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. . : ; ~ ~j~lo ry P~ic. ta- - lorida at Larg .
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; 8 My cottimission expires: 4-14-71.
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' ~~~.~'K C~RCUIT COURT .
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Th;s Iru~n~mcni p~p«?~d by: ELSIE M. O'LAUGHLIN
~t;/,~,~~ 207 South 2nd Street ~ R 181 ~ACE~O~
- Fort Fierce, Florida 33450 800K
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