HomeMy WebLinkAbout0338 ond shall Ner/orm, comN?y u;ith and aLicte Ly each and euery the a~;ree?nents, atipubtiona, cau~ttbna ond
ouve?wat.t the?eo~, ond of thia mortguRe, ehen thir mortka~;e ond tlie eatrite hereby created, a~wll ceare, de-
termfne and bs »ull and nokt.
~ ths xwrtgayor he~by ~u~ti~e? c~o~nants and agrees to pay pramptly u~hen dus tl~e prtnctpal er~d
interett and othe? auma o~ money proujded for it~ said ~ots and thb »iortgoge, or eit1~: tp poy aR ar~d
singular tl~e taxBS, assessments, lenies. IiobiliNea. obligatjons. a?ui encumbra~ea of euery nature on s+aid prop-
e?ty; #p. pt?mtt, eom»~it or suBer no uxuta, tmpairment or de~erloration of snid land or tha improe~emsnt~
thenon at uny time; to keep ihe huudings now o? herea/ter on maid land fuU~ truured fn u sum of not ~eas
than
tn a cnmpany or oompanies acaeNtarile to the mortgagee. the polky o~ polictea to ba held by, and payable
to, snid mortgagee, and i~s the tnent any sum of money becom~ payoble by otrtue of such tnaurance thd
mortgagee s1wU hane the r~glit to reoeioe arul apply the same to the indevtedneas hereby secwred, acc~our~ttng
to the mortgagor for any sury~lus; to pay aU Gasts, chargs~, wul ezpenses, ~ncludtr~ bu~er's fees and tttle
saorclaes, i~easonabi~j tncurred w~a~d by the mortgagee 6ecauua~se ot the fatlur~ of the mort~aRor to promptiy
ond fuUy comply u~ith the ugr+een~ents, sti~ulatans, candttio~u and c~noenants of seid note and thta mortgaga, - -
or e~her, to perform, oomply with aad abide by each and euen~ the agreements, sttpulationt, cbridittons ond
eoaenants set fortJ? in s+aid note and thl~t mortgoga or either. In the enent the mortgago? fa~G to pay when
due any tax, assessrnent, tnst~rance pnemium or otbsr sum oj money payable by vi~e of sotd note and this
mortgage. or tither, the mortgagea may p¢y the same, u=ithout ~ing or affecting N+e optiori to for~ecloss .
or any other right hereunder, ond aU auch payments shol! bear ir~terest ftom date ther~eof at ths highest Taw-
f
e~i ~,ate then aUowed by the lau~s of the Statt of Florrda. ~
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' ~ any sum of money ~tr+ein nsferned to be rat lxomP~bJ Poid wtthtn thirty days nest after
the sw?~e becomes due, or if each and every tl~ agretments, stipulations, ovnditioru and ooutnar~ta of said
note and this mortgage, or either, are not fuUy performed, complled with and abkkd by, then tha entine
sum me~tioned ~n said note, and thia mortgage. or the enti:+e balanee unpaid thereon, sl+al~ forthwhh or
thereafte?, at the option of the mortgag~e, become and Ge d~e and paywble, anyth&ig tn aald nots vr 1~ein
ta :4€ rr~nt:~:y natu-ftt:str•s~:,ig. l~ailure by t~ n:astg~gse ta ex~ciss ur.~ of th~ v~ ~ps`~?~ 3~,ein
~ prw~icled shaU not constitut~ u uaf~er of any rigl+ts or options under mid note or this nwntgage ~cnred or
~ theneaf
ter accrufng.
! ~ ~.~LSS ~~Of, - the sald mortgagor has hereusto signed arut aealed the.x pnesents tbe
~ doy and ~ar ~irat aboue uYitten.
~ Sigr~ed, d and delfo~ered in the pres+ence of: ~
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STATE OF FI.ORIDA, ~
COUIV'I'lt OF St. Lucie
I HEREBY CERTIF1t d,at on this day, before me, an
o~cer duly author'v.ed in the Scate aforesaid and in the County aforesaid to take aclmowk~gments, personally appeared
Bennie Gloster , Jr. d Catherine Gloster
M ine k~n?~~•n to {~e the per~in ck~u~rihcYl in arnl ~~•h~ e~ec~ded N~r fon•~oinR imtrunx~nt :uxl ~gy _,~nowled~qed
f liefom uie th:?t ~lES/ e~ec•utctil dx• s:u~K•. ' ~ 1,~'•;
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~ ~YITNESS ~»y Ir~nc1 and otfKial s~:d in thr ('.~~~mty and St:tte lact afomsaid this 25t11 ~:'#jC.~-•' ,<~V~Sy'=1~,'
° AL19u8t A. U. 19 75 ' js ' "~.r .
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