HomeMy WebLinkAbout0823 arul shat! perform, compl~ uifh arul aLule l,y euc)~ aurl Eucn~ the u~;rccntcrits, stipalatlons, co~ulitions und
cooerwnts fhereof, arul oJ ihts mort~;a~;e, then this nrartRaRe u~ut tire eslate )iereLy creoted, sha11 cease, de-
term~ne and b~ nuU and vo&1.
~ the mortgngor heneby further coaenants and agrees to pay uro~nptly ushen due the principal and
interest and otirer sums of n:oney pror~uled for in said note aixl tl~is mortgage, or either: ~io pay all ond
stngular the tares, asseessn~ents, leuies, :i.:!r'litiss, obli~ations, and encun~bronces of eve?y nature on said prop-
erty; to Nermit, commit or suf/er no u;aste, impairn~ent or tleterioration of said la?ui or the improvements
thereon ot an~ time: to keep the bu~klin~;s now or hereafter on said land fully insureci in a sum of not less
than
in a com~wny or companies acce~~tal~le to the mortga~ee, the policy or policies to be held by, aiuJ jruyable
to, soid mortgogee, a?ul in the event any sum of money Lecomes }~ayable Gy virtue of suclr insurance the
mortgagee shall haoe the rigl~t to recei~e and apply tlie same to the inclebtedness 1~ereLy secured, accounting
to the mortgagor Jor any surpius; to pay aU costs, charges, au1 expenses, including Tawyers fees and title
ss~rchcs, re~sar~hl
f i,~~rred o~ ~aid by the mort~abee because of ihe failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and couenants of saici note and this mortgage,
( or either; to per/orm, comply u;ith and ~?_~~1o Gy each and euery the ogreements, stipubtions, conditions and
couenants set forth in said r~u.a trnci this mortgage or eitl~er. ln the euent the mortgagor fails to ~wy uhen
due any tax, assessment, insurance premeum or other sum of money payaGle vy virtue of saitt note a?ut ihis
mortgage, or either, i1~e mortgagee mny pay the same, aythout icaioing or aQeciing the option io foreciose
or uny other right hereander, and aU such payments sl~all Gear interest from date thereof at the hi~hest low- ~
' ful rute then allou:ed by the laws of the State of Florida.
~ any sum of money herein referred to be not ~~romptly paid cc~thin thirty doys next ofter
the same Gecomes de~e, or if euch and every the agreements, stipulotions, corulitions o?ul covenants of said
note and this mortgage, or either, are not fuUy performed, comptied u:ith and abirled_ by, then the entire
sum mentioned in said note, and thu mortgage, or the ent~re balance un~wid thereon, shall forthwith or
thereofter, at the option of ihe mortgagee, become and be due und payaGle, anything in soid note or herein
to the contrary notu;itlistanc~ing. Failure by the mortgagee to exercise any of the rights or options herein
provicled shall not constitute a u;aiver of any rights o? opteons under saic! note or this mortgage occnred or
ihereafter accruing.
~n ~~~1~ ihe said mortga~or )~as hereunto ' ned and sealed these presents the
day and year first aliove ~critten. ~
~
Signed, s led arui c~elit~ered in the ~resence of: f
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STA1'E OF FLORiDA, ~
coUtv'rY oF St. Lucie
I HEREBY CERTIFY that on this day, beforc me, an
o~eer duly authorized in the State aEoresaicl ancl in the County aEoresaid to take ackno~a•leclgments, personally appeared
John A. Garrabrant and Judy M. Garrabrant, his wife
to me ktH?~~~n to lx~ thr rx~rW~n Sd~~scrilxYl in and u•la~ ~~~~ti•nt~•d tiK• (un•t~oink instn~rni•nt anc! they ~~~•~`~~01~'~~RMI
j lx•fore ~ne that they ~•~iY•uh~tl tlx• ~:~nK•. "
~ ~Y1TNEtiti my hand and ~~fGci:?) se•.J in the• G~nnt~• and titatr la~t :~(ure~aict t6is 5th elay of
May t~. t~? 72
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