HomeMy WebLinkAbout1240 and shall per~arm, c-omp~y u~ith and abide 6y each nnd Pt'PI'y ths agreemenls, siipu~ations, conditio~ta and ~
~ rni~enanls thprpo~, and o( Ih~s morfgn,yp. Ihen this mortpnge nnd ths e~state f~errby cKat~, shnll cpase, d~- ~
ip?mine and 6e null and roid.
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iUL1~ ftip morfpaqo~ hPruby furt~er co~~enanfs and ngrees to pay promplly u~he~ dua the principal nnd
inlerrsl and ofhe~ sums oj mo~ey provic~ed (or in ~aid nofe ond ftiit mortgage, or eiftier: fo por u~~ n+~
:ingulnr fhe ta.res, assPSSm~nls, lei~ies, liabilities, obligations, and encum6?+ances of every nultue on snid pro-
pertv: to permit. commit w suj(er no u~asfe, impnirment o? c~eterioration o~ snit~ ~ant~ or the improvemen4
Ihe~ren al any time: to IrePp thp buildin~s nou~ or hereafter on snid land )~Ily insurec~ in n sum oj not ~?st #
~1,a., ~ ~ amount of mortgage ;
n ~omt~nnv or ~-omaanies accpniable to the mortgaAee, the policq or policies !o be hpld 6y, and puyabl~ ~
to, saic~ mo?igageP. ancl in t{~a e~~pnf any sum o~ money becontea ~ya6l~? 6y rirfue or such inswnnce th~ ~
mortgaqPe shal! ?~ai~e the riqF~t lo rec-einp and npply tl~e same to the inde6tedness I~e?r6y securecl. occounting ~
fo f~P morigagor (or any surp~us; fo pay a~~ cosfs, c~argps, anc~ expensps, inc~utling ~au~yer~s Jees artd (if~t
se~rc~~s. reasonnti~y incurre~ or paic~ hy ihe mortgagee tiecause oJ t{~e ~ai~ure o~ fhe mortgagor to promptly
anc, ~u~~y comp~y u~ifti f~e agreements, sfipu~ations, c~onc~ifions aner cavennnts o~ saicj note nnd f~ia mortgoge.
or eittier; fo pe~jorm, romply u~itl~ and a6ide 6y eac{~ and every the agreemenfs, sfipu~ations, conditiona und
coi~enants sPt (orth in said note anc~ this mortgage or either. In !he event the morlgagor ~ai~s to pay u~hen
due any tax, assessm~nt, insurance premium or other sum of mo~eq paya6le 6y nirtue of saic~ note and this
morlgnge, or Pit{~er, Itip morfgngee ma~ pay fhe snme, u+it~oul u?aiving or af~ecting !{~e option to ~orec~oie
or any othe~ right hereunder, and alI sucl~ payments shall 6ear inlerest ~rom date ti~ereof at Ihe highest ~uw-
(ul rate tti~n allou~ecl by t{~e lau•s o( t{~e ~~f1IP o~ F[o.;da.
~l any sum o( mon~y hprein re(err~ to tie not prompt~y pait~ u~ifhin thirty tjaya next nJter
tl~p same 6pcomps due, or iJ eack and PI~P~` ~~P agreements, stipulafions, eonditions nnd oouenanls of snid
note nnd this morlgagp, or pitF~er, are no! ~u~~y per~ormed, c~omplied witti nnd a6ided by, il~en tke enti?s
sum mentioned in said note, anc~ Ihis mortgage, or the enlire ba~ance unpnid thereon, s6aU fotil~with or
the?~ea/ter, a1 the option oJ fh~ mortgngpe, becomp and be due and pnqa6le, anytl~ing in said note o~ 6erein
to itie contrary nofu~il~slanding. Fai~ure 6y 11~e mortgagee to exerrise anp o( the rig~ts or options her~ein
prori~ec~ s{~a~~ not conslifute n u+aii+pr o( any ?igtifs or opfions under saic~ nole or I~is mortgage occrueej or
ttierea~l~r accruing.
~n ~itness ~hereof~ Ihe saicl morlgagor hns hereunto signed anc~ sea~ lhese presenls fhe
day and year Jirsf ahone u+ritten.
$igned. sea~ a~dPli~~ered in ihp pre}encP o~: ~
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~ ~ . OLD KESTE
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~ Margare Kestel
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' STATE OF FLORIDI, ~
- coL'~ri' c~F S 1. LUCIE .
" I HEREBY CERTIFY that on this day~ before me. an
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r~; offic~r duly authorizcd in the Stat~ aforesaid and i~ the Count~ aforcsaid to tak~ acknowkdgments~ personally appeared
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~ HAR.OLD KESTEL and MARGARET KESTEL, his wife,
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r to me• known to br the pe~non d~scrib~d in and who exccuted the for~goinS instrument and t e y acknowkdsed
' befor~ me that the y~X«„<<a the um~'
€ N'I~'\ESS m~ hand and officia! s~al in the Count~ and Statr last aforesaid thu a~ ~ day of
r' -"d~ ~ A. D. 19 q, ~ ~ ,
~F~~- 71
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= P~otary Public, tate of Florida at Large.
_ - l~~y commission expires: C~ , +
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~ FtIEG ~ti" PECCROED
- St lUC'~. =OUNTY FU.
a~ ?;'~RAS
- ~:_=t;r ~ ~~,T c~uRT J
:E,
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_ D~c 30 4 oi PM'11
_ 2~1~97'
17iis Irrslrumrnl prrparr~! hy: GERAID S. IAMES
= Add,rxs Attarney at Larr gp~K pA~{1~J0
- = P. 0. Box 30~9
- fort Pierce, Florida 3345~
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