HomeMy WebLinkAbout0449 and sl~all pe?jorm, comply u~ith and abida 6r encl~ and ei~ery tRs apnoments, aNpulat[oni, rnndtttona and
co~+enanls ~hereoJ, and oj thia mortga~e, tl~en ~Il~is mortaage and tl~s eifats kero6y c?eated, ~hall csas~, d~-
!p?mine an~ ~ie null ancl iwi~.
~ I~e morfganor I~en+by ~urfher couenanfs and ognees to pay promplly whsn dus Il~e principa! ond
infere~l and ofhe? sums o~ mo~ey provided lor tn saic~ note and fl~i~ ~norfgage, or eliRer; lo pay a~~ anel
stngu~ur Ihe laxes, assessmenls, ~eutes. IIa61Ilf1es, ob~igattons, artd encumbr+anees o( ~ve~? nufurs on said pro-
pPrfy; lo pe?mtf, commif or aujjer no waste, impairment or deteriwnfion of :oid bnd or fhe improvemsnb
therecn~ af any limp; ~O RPPp I~P ~utl~ings now or I~erea~t~~ on satd land ju~~y lnsured tn a awn o~ not ~ass
~han .Sixteen Thousand Dollars-------------------------(516,000.00)
in a company o~ rnrr~panies acceplab~e to t1~e morlgagee. Ike po~icy o~ po~iciei fo Ge ~ield 6r, nnd pnya6b
to, sai~ morfgngee, an~ i~ Ihe euenf any sutn o~ money beeomt?s ~xiyn6[~ 6y vtrfue ol such insu?ancy !hs
mortgagee shall have I?~e rigl~t to ?eceii~ and apply the aama to Ihe inde6tedneaa kere6y :ecurod, aceountt~g
fo fhe morfga{~or ~or any surplus: !a pay a~~ costs, c~arges. and expenset, inc~tuling ~aw~ s jeet and tit~s •
searches, rpasanatily incumKl or ~wid 6p tl~e mortgagee because ol f~e ~ailure o~ f~e mo?lgago~ to prompf~y
and ~u~~y comply u~itl~ 1{~e agreemenl~, sfJpu~afions, con~ffions and covenanls o~ aaid nofe nnd I~is morfgage,
or eill~er; fo per~orm, comply wilk ond a6Fde 6y eack and e~ery Ihe ogreements. sfipu~alions, condiftona and
covenants set jort6 In satd note and tl~ia mortgage or eitF~e~. ln the cwent tke mortgagor /nils to pay when
due any tnx, assessmen~, insurance premium or otl~er sum oJ money paya6le 6y vIrtue oj satd note and thts
morlgage, or eiltier, f{~e morfflage~e mny pay fhe same, wit{~ouf wniving o~ n~~ecling Ihe option to jorec~ose
or any oli~er rig/~t I~ereuncler, and all suck payments sha[! bear interest jrom c~ate thereo~ a! Ihe htg~eaf ~aw-
(ul ?ate Il~en allou~~l 6y ihp laws oj tF~p Stafp o~ Florido.
1l any sum o( mor~ey i~erein re%rred to be not prompt~y paid wtlhin 3~ days next after
the samc? 6pcames e~ue, or i~ each and every Il~e agreemenls, stipu~ttons, condifions and rnvenanta o~ said
note ancl fhis mort~a~e, or eilher, are not /ully performed, rnmplied wit1~ and a6~ded 6y, t1~en t1~e enlire
sum mentioned i~ said note, and t6u mortgage, w the ealu+e 6nlance unpoid tl~ereon, shall ~orl6witl~ or
t6erea/ter, af fl~c~ opfion oj Ihe mortgogee, bec~ome and 6e due nnd payab[e, anything i?t said note or I~erein
to t~e controry nofwifhstanc~ing. Fai~urr by fhe mortgagee to exereiae any oj tke rig{~fa or opttons ~erei~
pro~~icrecl s{~a~~ nof conslilule a u~aiver o~ anq rig~ts or opfions under saie~ note or fhis mo?Igage acerued or
f{~erea~ler accruing.
~n ~~lll~ tF~e ~aid mo?tgagor {~as tierrunto sign~l ancl sealec~ these presenls tl~e
c~ay mi~ year Jirsl atioi~e u~tilfen.
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Si ecr. sea~ed ane~ delinered in ll~e pres~ncn o): ~ f~'
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STATE OF FLORID4~ ~
c~Lm ~F St. Lucie
I HEREBY CERTIFY that on this day, befon me, aa
officer duly authorizrd in the Stat~ aforesaid and in the County aforesaid to tak~ acknowkdqments~ personally appearcd
JOSEPH O. LABONTE
to me known to b~ the penon dcscribed in and who executed the for~qoinR instrument and he acknowkd~ed '
be(orc me that he executed the same.
N17:'~1ESS my hand ancl o(ficial stal in thc County and Stat~ last afomaid thu 23rd d~Y ~
~ OCtOb@Y' ~ A. D. 19 7$ . •
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~ ~'R, , ~ ~ ~t~ Publ'ic. State M Florids at roi
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~ ~T 1~1 I~ S3 ~ ~TS
17iis brs~n~nuii~ prrpnrrrl by: J. O. LaBonte 3~
n Ja~,~ P. o. sox 1061 ~~s
~ Fort Pierce, Florida 33450
o~ 245 P~~E 448
~ :3" i e_ tt- #s" ~ - . ~ ~.~.~~Y~... ~ _ " w~.r ;..N %F.
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