HomeMy WebLinkAbout1025 and shall perjorm, comply u~ith ~nd a6ide 6y eacl~ and ei~ery the agreeme~ls, sl~pulations, condtlions and
ca~~enants thereof, and oJ lhis mort~as~e, ti~en this mortgage a~d the estate here6y crealecl, shall cecue, de-
fermirae anc~ 6e nu~~ an~ i~oi~~.
~nd thp morl~a~or f~ere6y jurther rna~enants and agrees to poy promplly when clue fhe p~incipal and
infernsl and ofher sums of money provi~ec~ ~o~ in sai~ note ancl t{~is mortgage, or etfhe~: fo pay a~~ and
singulnr the ta.res, assessments, levies, liabiliti~s, o6li~alions, nnd encum6rancea o/ every nature on said pro-
perly; io permil. commif or suf
fer no u~aste, impairmenl o~ deterioralion o~ said Iand o~ Ihe improvemenlt
Il~errcn al any lime; fo RPPp IhP 6uilclinfls now or he?POJf~r on sait~ land Ju~~y insured in a sum of not ~ess
~hpn full insurable value
in a company or compani~~s accepfa6le fo ihe mort~a~~ee, the policy o~ policies to be held by, and poya6le `
to, saic~ morf,ya~ee, anc~ i~ fhe eoent any sum oJ money 6ecomes paya6l~ 6y virtue oj such insurance fhe
morlgagee shaA I~ane the rifllit to re~•eive and apply fl~e same fo the inde6ledness f~e~eby secured, nccounting
to f~e mortga~ur ~or any surplus; fo pay a~~ costs, cha?ges, ancl expenses, incjuc~ing ~awyer~s lees anc~ fif~e
searc~ps, ~easonah~y incurr~rl or pai~ tiy 1{~e morfga~~e 6ecause oJ f~e /ailure o/ the morlgaflor to prompf~y
anc~ (u«y ~•omp~y wifh t~e aflreemenfs, sfipu~alions, con~ilions anc~ co~~enants of saicr nofe an~ f~is morfgage.
or Pifl~Pr; to per/orm, comply u~itl~ and abide 6y each ant~ every !he agreemenfs, stipulafions, conditions and
covenarifs sei forlh i?i saic~ ?iote ana this mortgage or eil~ter. ~n the rvent fhe morfgagor ~ai~s to pay when
clue any tax, nssessment, insurance premium or ofl~er sum of money paya6le by virtue o~ snid note and fF~is
mortgage, or eit~~er, fF~e mortgag~e mny pay t~e same, wit~oid waivinc~ or af
jecting the option to ~orec~ose
or any olher ric~ht herPi~nder, nncr aIl such payments sf~all 6enr inle~est Jrom date tl~ereo/ at the highest ~aw-
~u~ mfe 1~~en a~~owec~ {~y I~ie ~aws o~ f{~e $tate o~ F~ori~a.
ariy sum o~ monoy I~erein re~Prrecl io he nof prompt~y paid- within 10 ~ays nexf after
the same bpcom~s du~, or if eacti and ~~pry fl~e agreements, slipulafions, conditions and covenants o~ said
note and fhis mort~a~p, or pifher, are no! jully performed, compliecl with and a6~dpd 6y, then 11~e enli~p
sum mentioned in said nole, and lhis morlgage, or the entire 6alance unpaid ther+eon, sha~l Jorltiwill~ or
tl~erea~ter, at the option o~ Ihe mortgn~ee, 6ecome and 6e due and payable, anytl~ing in saic~ note or herein
to ttie conirary notu~ifl~sfanc,inc~. Failure hy f{~e morfgagee !o exercise any oj fhe rig~is options herein
provic~e~ stia~~ not conslihdP Q ll~All~P~ oJ any rig~fs or opfions uncler sai~ nofe or t~is m~gage accruea or
therea~l~r accruin~.
~n ~itness ~h~0`~ tl~e said mort~agor tias 6erPiuito signpd and sealed these presents the
~ay an~ year jirsl abo~~e ioritlpn.
ignecl. sen~ec~ an~ c~e~in~r~c~ in f~~ pfPSPIifP o~:
• ~
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~ ' ~harles Gi bons r. ~
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- - - - - - - - -Frances~-A. -~Gibbons.--
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STATE OF FLORIDA, ~
s CnU~TY nF St. Lucie.
G I HEREBY CERTIFY that on this day~ before me, an
officer duly authorized in the Stat~ a(oresaid and in th~ County aforesaid to tak~ aclcnowledgmenu, p~nonally appeated
~
~ CHARLES GIBBONS, JR. and FRANCES A. GIBBONS, his wife
to me known to br the person S described in and who eaecutcd the (or~¢oinq instrument and they acknowledged
befor~ me that they ~x~cuted the same.
~tI7i~iESS my hand and official seal in thi~ C:ounty and State last a(or~said this 8t~1 day of
April A. D. 19 75.
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~ ? Z • f ~ ~ ~i~~! ~ ~~G~IZ ~
~ ; . - -
~ ~ Y'""'~ Notary P c State of Florida
, = j , ~ ; ^ ~~r - at Large ' - - -
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~ ~ _ : My Commission Expires : / / 7~
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Aclr~recs SPENCER B. GI!!? at L;:r~ `3~~8,.
aeo & sfcouo sT~ce . R. fu?. s~,~~
B~OK238 PACE1~24
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