HomeMy WebLinkAbout0780 a~~d shall perJorm, romply u~ith and a6ide by eoch and every If~e a~rPpmenfs, slipulations, conditions and
covenanfs tl~ereo/, and oJ I?~is mort~~aqe, ihen this mort~ane ancl the estate he~by created, shall cea~e, de-
lerminP an~I ~e nu~~ anc~ i~ui~.
~n~ f~~e murtflaf~or ~~Pr~~hy ~u~lher rnvenanls and agrees to pay promptly when tlue fhe principa~ and
tnfernsl and ot{~er sums o~ monPy provitlec~ f
or in satc~ note and this mortgage, o~ eifhe~; fo pay u~~ ane~
sinAular Ihe ta.res. ass~ssments, Invi~s, lia6ilities, o6li~ations, and encum6rances of ei~ery naltue on said pro-
pe?fy: !o permil. commif or suffer no u~aste, impairmenl or c~eferio?ntion o( saia ~a?id or ttie improvementa
thPrnr.n ol any Iim~; lo ~PP~ I/IP 6uildin~s now or h~mafl~~ on ~nid land /ully insuretl in a sum ot not less
~~an the amount of the mortgage herein.
u~ a campn~y or companies QCfP/)IQ~IP fo the morfgappe, 1{ie po~icy o~ po~icies !o ~~e held by, and payabl~
fo, sai~I murtga~ee, an~ in Itie enenf any sum of money 6ecomes paynti~e ~,y virtue o~ such insurunce !~e
mortgagep Shai[ he~~P the riAf~t to rc~-eive a~id apply 1he same to fhe indebledness here6y secured, aceounting
fo f{~e morf~a~or Jor any surpluc: fo pay a~~ costs, c~a~pes, and expenses, inc~uding ~awye~~s Jees and til~e
senrches, r~asonably.incurrecl o~ ~td 6y thp morlgagee 6ecause oj 1he /ailure of tl~e mo?tgagor to promptlY
anc~ (u~~y comp~y u»rh ~he aflreemenfs, stipu~afions, conditio~s and covenants oj saic~ note an~ t~is mo~tgage,
or eit~er; fo perJorm. ~omply u~ith and n6ide 6y eacl~ and ea~ery !he agreoments, stipu~ations, condifions and
coi~enanls set /orlh in said note and ftiis morfgage or either. In the event the mortgagor /nils to pay when
due any tax, assessme»t, insurance premium or other sum oJ money paya6le 6y virtue oj said ~ole and fhis
mortgnge, or pil{ier, fhe nto~tgagpe may pay ll~e same, wiihout watving o~ a~~ecting fhe option fo ~orec~ose
or ceny other riglif {iei~untler, ancl aII such paymenfs shall 6enr interesi f
rom date Ihereo~ at the I~ighest ~aw-
f u~ rafe I~en a~~ouTec~ ~y t~e ~~u~s o~ t{~e Sfate oj Florida.
7l any sum o~ money f~erein re~erre~ to 6e not prompl~y paid wit~in thirty days next n~ter
ftie sarne hecomhs due, or i~ eac~ and every t~e agreements, stepu~afions. conc~itions and covenants oj saic~
note ant~ fhis mortga~e, or pill~er, are not ~ully performetl, compliecl with nnd a6~ded by, Ilten tlie enti?~e
sum menlioned in said note, and t{~is morlgage, or th e entire bnlance unpaid thereon, s6all ~orthwith o~
thereaJter, at the option o/ the mortgagee, 6ecome and 6e due and poya6le. (IRr~IIIRg in snid note or he?ein
to I~e conlrnry nolu~il{~stanc~ing. Fai~ure ~y !he mortgagee to exprrise any oj fke rig{~Is or options ~erein
provic~ecl sha~~ noi constilutn a waive~ oJ any rig~ts or options under said note or f~is mortgage accnied ot
lherea(f~r accruing.
~n ~~~t~ ~he said mortgagor has tiereunto signed nnd sealed these presents the
dny and year jint a6oiTe u~ritfen.
Signpd, sealed and dplivered in ttie presence o):
.
~ G,~
- -/i7. - ~
' , ' D~nald Pag
;
- ~--i,---~~-.
Eve ly~ V . Pag
i
~
~
STATE OF FLORIDA, ~
c~L ~F ST . LUC IE
I HEREBY CERTIFY that o~ this day, beton me~ an
o(ficer dul~ authorized in the Statc atoresaid and in the County aforesaid to tak~ acknowledgments, personally appearcd
DOVALD PAGEL and EVELYN V. PAGEL, his wife,
to mc known to be th~ person g described in and who executed the forcgoing instrument and they a~~~M'~~8~
before me that they ~x~cuted the same. ~
~~'I7i\ESS my hand anc~ official seal in the (:ounty and State last afor~said this ~t~i~r~.-:. ;
.i:::u:::: '1-
I Y.
June , A. D. 19 7 2. i.- ~ ~ C t ~ . ~
J, • ~ .
~ ~~s~~~~~~~~~ ~ i;~.~r:,
~ - ~ ' ;y' •.1.
• ~ ~ ~
- f _
~
~ ~ ~
L_ --._.....-•--•-•-----......tl--••--~-; . . ~Y,~:..;" ` ;
~ _ Notary Public State~o, ~F.~d~;ide; ;
~EC ROEO at Large 'r
~ f lt`~iE COUM~ flA. .J . , : ^ .
~ St pocE« r~:t~~?S My Commission Exp~'`~¢`~~;..::...,;~.,~,4'~-
CLERK ~,:.;~IT COUR , ~
~ .
~ Rf.f.nRr ~E4c'~ ,F7 A .1.' : I~~ljl3,; S, i`, `.ti.= a
rt . . _ . ~ ~ ~3
g ,o aH'7Z `
~
2333~1
~
'I'lr~c tiulnun~nl pre~p~t?rr~ by: ~,ARI,ES E. BECHT, ATTY.
Addrru P, O. Box 548, Ft. Pierce, Fla.
BOOII ~ P~f .1 ~l!
~
~ ,h=.r -
~ _
_ -
~ _ .