HomeMy WebLinkAbout1486 nnd shall perjorm, comply wit6 and abide 6y ~c6 nnd ei~ery ll~e agreements, stipulatto?u, conditions and
rni~eannts thereo~, and oJ thta morl9a9e, then IKis mort9age and the eatate he?e6y crealed, s1~aII coase, de-
termine and be null and uoid.
Ti1L1~ itie mortga~or henrby f urfhe? covenants and agrees !o pay promplly u~I?en due ihe principnl an~J
interest and other sums oj money provided /o~ in snid note and t1~is mortgage, or either: to pay ull and
singular the taxea, assessments. ~+vies, lta6ilities, ob~igations. ~d en~ur~b?~n~s o~ eue?y nature on said pro-
perty; to pernlt. cummit o~ suf~e~ no waste, impai~ment or deteriomtion oJ sa~d bRd or tl~e emproue~ents
tl~er+eon at any time; to keep Il~e l~uil~Iings now o~ he~ra/ter on ~~~d bnd /ully insured in a aum o/ not less `
~ha, full insurable value
in a oompany o~ eompanies acceptable to the morfgagee, the policy or policies !0 6e held 6y, and payable
to, s4id mortgagee, und in tl~e euent any sum oj money becomes ~,~6t~ 6y virtue oJ such insurance the
mortgapee sl~ull I~nve the right to recPive and apply Ihe same to !he inde6tedness here6y secured, nccounting
to the mortgago~ ~o~ nny surp~us; to pay n~~ costs, charges. nnc~ expenses, inc~uding ~awyer s lees anc~ tlf~e
searches, reasonab~y inciured or paid 6y the mortgages becouse o~ ftie ~oi~ure oJ the mortgagor to prompf~y
~ and jully comply with the ag~eemenis, stipulalions, conditions and cove~ants oj said note and tbis mo~tgage.
o~ eilher; to perform, comply witl~ and a6ide by each and euery the agreemen[s, slipulations, conditions and
covenants set Jort1~ in said note and fhis mortguge or eilher. ln the euent the mortgago~ jails to pay whe~
due any tax, assessment, insurance premium or otl~er sum oj money pnyQble by ~uirtue oj said note and lhis
mortgage, or eitl?er, the mortgagee may pay the snme, evitleout wceiniRg or aJjecting the option to Joreclose
or any o~her right hereunder, and all such paymeatts shell 6ear interest from date thereoJ at tl~e highest law-
~ul rnte the~ aIlowed by t{~e lau+s oJ the State oj FloridQ.
any sum oJ money Ieerei~t re(errer~ to be not promptly pnid within C0 days next nfter
_ ~ the snme becomes due, or ij each ancl pi?ery t{~e agreements, slipulations, conditions and eovennnts oJ said
note and this mortgage, or either, are not jully per/ormed, rnmplied with and ab~ded 6y, then the entire
sum mentioned in said note, and tl?is morlgage, or t6e entir+e balance unpaid thereon, shall Jorthwitk o~
t~ereaJter, nt the oplion oj t~e morlgagee, 6ecome and be dwe nn'd pnpu6le, anything in snid note or herein
to t{~e cont?nry notwil~slanding. Fai~ure by t/~e mortgagee to exercise any o~ the rights o~ options ~e?ein
providecl s~a~~ not constifute a waii+pr of any rig~fs or options unc~er saic~ note or f~is morfgage accrued or
t~erea~ter nccruing.
jn w~u~~ ~ILCfe~I~ the said mortgngor has l~ereunto signed and s Ied l6ese presents the
c~ay and yenr ~irst above writfen.
Signed, sea~ed delii~ered in tl~p presence o~: ~
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• - ~ac -M: Poorbau
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As ~ both parties ~ ~
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Patt . Poorbaugh
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STATE OF FLORiDA. ~ . I
' couH~rv oF ST. LUCIE
~ I HEREBY C~RTIFY that on this day, be(or~ me~ an
I o(ficer duty authorized in the Stat~ aforesaid and in the County aforesaid to talcr acknowledqments, personally appearcd
JACR M. POORBAUGH and PATTY S. POORBAUGH, his wife, _
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to me known to br thc person $ dcuribed ia a~d who executed the for~goinq instrument `~,al'~hey3~~k~wkc~es~
beforc me that the~x~cuted the same. :
~y0. ~ ~ ~
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~ WIT:VESS my hand and o(ficial seal in thc County and Statc last aforcsaid this ~~t~ o(
i November , A. D. 19'] 2. ' f~• ~ e J: c` -
fE : a: s o
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~ ! 242590 - ~ o ~ '.~y`_
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Fl~ED a'+~ pECOR0E0 ' 't~$~,e ~~Drida
' Nota Publi '
ST.IUC~E~C~~~jaASLA. at Larc~e ~~~iJi111N~~~\
; ROGE.~
E ~~EaK cti;:~u« couRT My commission expires:
' RECOP,O ~f"~'~E~ 1VQfARY P~$ttC, STE?E ~t Cl^^'pp 3; tARCE
~ ~ A~Y COt;!f.f~5t0:1 Ek~'!;:=S ..OV. 17. 19:4
, ~Y 31s PM ZZ BO~IDED THR'v;i~H FREO W. Df~STEUiURjT
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~ ~i BoQK 208 ~~~E 1486 ( ~
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