HomeMy WebLinkAbout2721 anc~ shall per~orm, comply wilti and a6ide by each anc~ every f~e agreements, slipu~afion'a. rnndtfiona nnd
cooenants thereof. and o/ this mortf~as~e. Ihen thts mo?tgage and Il~s estale here6y crected, s1~all cea+e, de-
fermine an~ ~e ru~~~ ancr i~oic~-
~ Ihp mo~fga~or hen~by ~urther coaena~ts ane~ agrees fo pay promptly when clue ll~e p?tncipul and
tntereai a~~ of~~er stims of money providec~ fo~ tn saic~ nofe and fhis mo~fgage, or eiftier; to pay a~~ and
aingu~ar I~e fa.res, assessme~fs, IPUjPS. ~iabi~iiies, ob~igations, anc~ encumbmnces o~ euery nafure on said pro-
perfy: to permit. commit o~ suf
jer no u~asle, impairment or dete?iomtion o` said ~and o~ t~e improvemenb
thp?~ecn al any time; to k~P ~hp 6uiltlinfls nuw or I~erea~l~r or~ saicl Ian~ jully insiu~ecl in a sum oj not lesa
~han full insurable value
i~ a company or rompanies accepla6le to the mortgaflee, fhe po~icy o~ po~icies to be I~eld 6y, and paya6le
to, sai~ mortgagee. an~ in Itie eve~t any sum oJ money becomea paya6le 6y vi?tue oj suck tnsuranre the
mortgagee shall 6ai~e Ihe ?i9ht fo receive and apply Ihe same to tke inde6tedness I~ere6y secured, accounting
to fhe mortga~or (or any surp~us; fo pay a~~ costs, ctiarges, and expenses, inc~uding lawyer s Jees a~c~ !il~e
searc{~es, rEwsor~ah~y incurre~ o. na~d 6y ~i~p mo~tga~ee because oJ ttie jai~ure oj !he morlgagor fo promptly
and JuIIy c~omply u~ilh the agreemenls, stipu~ations, ronc~ifions nnd rni~enanfs o/ said note and this mortgage,
or eit~er; fo per~orm, comply u•itl~ and a6ide 6y each and every l~e agreemenfs, sfipu~alions, eonc~ifions and
covenanls set forlh in said ~ote and this mortgage o~ either. In the event the mortgagor jails lo pay when
due uny tax, assessment, insurance premium o~ olher sum of moriey payu6le 6y virtue o( said nole and this
rnorfgage, o~ PIIIIP~, t{~e mort~ngee may pay f{~e same, without wniving or a~jecting the option to lorec~ose
or any olher ~ight hereunc~er, and all such payments sholl 6ear inlp?est jrom date thereof at tl?e highest law-
~uI ~ale ihen al~oiued by I{~e lau?s oj the State o~ Florida.
` ten
~l any sum of mor~ey herein relerr~I to be not prompfly paitl within days next a(ter
the same 6c?romes due, or iJ each and every the aqreemenfs, stipulations, conditiur~s and coc=enarels o/ said
note and this mortga~e. or either, are not jully perJormed, complied with and n6~ded 6y. Ihen the. entire
sum menlioned in said note, and this mortgage. or th e enlire 6alance unpaid lhereon, shall /orthwith or
t{~ereo~ter, at ftie optian oj If~e morlgagee. become and 6e due and paya6le, anyltiing in snid note or ~erein
to the contrary nol~uithstanc~ing. Failur~ hy ttie morfgagee fo exerrise any of the rig~its or options herein
pronicrec~ s{~a~~ nol constih~te a u~aiver oJ any ri~his or opfions unc~er saic~ nole or l~is morfgage acc?ued or
f~erea~t~r accruin~.
~n ~~~I~ fhe said mortgngor {~as hereunto signecl and sealecl t{?ese presenls the '
cray an~ year f irsl atione tr?ilfen.
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Signe~. SPaIP~ and deliner in t{~p pres~rtce :
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_ ~ . . .
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_
~ - Frederic E. Gi rt, r.
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, :
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~ - - - -
~ - ~ Lee-Hung Gi rt
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I
ST4TE OF FLORIDA, ~
COU:`'TY ()F ST. LUCIE. I HEREBY CERTIFY that on this day, before me, an
o(ficer duly authorized in the State atoresaid and in the Counry aforesaid to tak~ acknowledgmenu, p~nonally appeared
FREDERIC E. GIBERT and LEE-HUNG GILBERT, his wife,
to mc known to b~ the person g described in and who execut~d the (or~qoinq instrument andthgy acknowkdged
beforc me that thegxccuted the same.
~~'I'1:'VESS my hand and official seal in thc County a~d Statc last aforesai~ this 23rd day oE
~ A. D. 19 74. . .~7
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.
Notary Pu c, ate of Florida
at Large %
~
R~~ l~ My Commission Expires: /Z/?G ~
f1LEl~ ~~~;E'.EC,Q ~ L
ST.LUCI~ ~~UnR?~~ ~ v ,
CLE 4ti Li`F,U t COt11~T .r
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- l7iis Inslninun~ pr~rpnrcil b E i(~(?~ PAGE 1~t~7 •
THlS INSTRU?~,:iii Yi+`~S F==.?AP.ED BY?
/~[~[~7f.(f ~~~~..l~N~~~,
SPENCER B. Gfl~iiit, Attorrey at L~vr
~p f. $ECOND STRzET , Fi. P1~RCE. flA. 3:A::~~
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