HomeMy WebLinkAbout1711 ~ ond sha11 per/orm, campIy u;ith and aLule by each onct euery the a~;rc~ntenfs, sti~~ulatrons, cond'uions and
cbvenanta thereo/, anci of this moNgage, then thts mort~;a~;e u~u~ t)~e estate herehy c?eated. shaU cease. de-
termina and be nuU and ~oid.
~ tl~e mortgagor hereby furtber covenents and ubrees to }wy promptly when due ths principal and
{nterest qnd othe? sums of money provicied for ta said rate ond this mort~;age, or either; to pay a11 and
atr~gubr ihe taxes, aaseasmerits, levie.*, liobtlities, obligatjons, a~uJ encumGrnncet of evert/ nature on sokl prop-
erty; to permit, commit or suBer no u:aste. tmpatrment ar cteterioration of soid land or the improvementa
thereon at any time: to keep ths bui1~ltnga now or 1ie*ea/ter on salcl land fuRy insured in a sum of not less
than Thirty Eight Thousaad and Five Huadred and No/ 100
tn a oompany or oom~wnies ocoePtabie to ihe moregagee, the poltcy or policiea to i~e held by, and payabia
tv, sald mortgagee, and tn tha eoent any sum of money beconies poyable by virtue of such i?uurance 1he
mortgagee shali haue the rtgl+t to receive and oppiy ths same to ihe indebtedness l~ereby secured, account~ng
to the mortgagor for any surplus; to pay al! costs, charges, a?ul expenses, fncluding lawyer's fees and titis
~ aearches, reasonobly fncurred os ~oid by the mortgugee because of the foilure of the mortgagor to promptly
ar~d fuAy comply with the agreements, sti~ulations, conditioru and conerwnts of sairl note ond this mortgage,
or either; to perform, comply wtth und abiJe by each and e~ery tl~e agreements, stipulatfons, aonditions and
~n~nts set forth tn satd note arul this »wrtgage or etther. In the event the mortgago* fatis to pay when
due any tax, assessment, insurance premium or other sum of money payavle by ot*tue of sajd note and thia
mortgage, or either, the mo~tgagee may pay the ~uume, without uatning or a~ecting the option to foreelose
or any other right hereunder, and aU such payments shaU bear interest from date thereof at t1u ~+tghest law-
ful rate then allowed by the lauu of the State of Florida ~
any sum of money her~in referred to bs not promptly ~otd withtn 30 days next after
the sa»u l~ecomes due, or if each and euery the agreements. stipubtions, conditions and cooenants of said
r~ote and this mortgage, o* eithe~, are not fuUy per~o~med, eomplied with and abtded by, then the ent~ne
sum mentioned in said note, and this mortgage.m~e and be due and~ al~le, anything in ~aid note o hereM
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to the conh~ory notu%ithstancling. Failure by the mortgagee to exercise any of the rtghts ar opNons here in
provided shaU not cor+stitute a uaioer of ony *ights or optio~+s under said note or tieu mortgage accrued or
ther~ea
f
ter accruing. . -
~n ti~e said mortgagor has hereunto signed a?ul sealed the~e presents the
day und year first above icritten. '
Signed, sealed anct deliuered in the prese of: , ~ ~
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STATE OF FLORIDA, ~
covlv'nr oF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
o~cer duly authorizc~i in the State aforesaid amd in the County aforesaid to take aclrnowleclgments, personallY aPP~
LORENA N. JACOBY and GALE JACOBY RODMAN
acknowk~l~ed
tn ~nc k~x~~vn to lx~ t}x~ ~xrson g ck~uKilxY1 in and ~~•h~~ exee'uted tM f~~mfii?ina instn~nx~nt a~Kl they
i~efarc ~ne that they e~ctirotrd thc s:u~K. .
7~1 day of
~VIT~tESS my Iwnd and nlfKial se.d i° tM' ~""uiq~ and State last a(oresaic{ this
November A. D. 19 ?4 " ,
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NOTARY /U~LIC S1A1E OF fLORIDA A1 lAlGE
MY COMMISS{ON EXtIRE3 iEl. S. 19J6
~ ~ONDED TMRU GENERAL {NSURANCE IiNDERWRIIER!
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F tE0 4k L HECi1RDE~
' . ' LUCfE LCl;IITY fLA.
• C~ ~ ROCc`F 'rOs;RAS
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