HomeMy WebLinkAbout0492 and shall perform, ~It wlth and abide by each and eoeq the agreemertb, stlpuldioris, oonditlorts ant
aaenanb thereof, and j this mortgope, then tht. mortgage and the estate h.nbt created, shall cease, de- ' ~ •
tertnlne anal be null a~ void.
the mortgagor hereby, jweh.r oeovertants and sprees to par promptly when dw the ptint.•ipal and
interest and other autos of money provided for !n add tab and this mortpape, ar either: to par aU and
sittpular the coxes. assessments. bvti, liabilities. obligations. and rttcuntb++ttnca of every Wotan on said pro-
petty: to permit. commit o? suffer rto wwte. impairment or detertordion of sold land or the improvements
thereon at ant time: to beep the buildings now or herea/ter on said land juUt Uuund to a sum of not less
thatn•~^^-"~~~~~-~_-'--~uil 3,nsuraDie vAlu@•-----------------------------
in a romPant or companies acceptable to the mortgagee, the policy or policies to be held by, and potable
to, said mortgagee. and in the event ant tam of money becomes parable bt virtw aj such trtstuartce the
mortgagee shall have tke .fight to ?eceiw and applt the same to the indebtedness herebt secured, ooeounttrtp
to the mortgagor for ant surplus: to pnt all ewb, charges, and expenses. including lawter's jeep and cub
searrhe=, roasonablt incurred or paid bt the mortgagee 6ecnu:e of th. jdlun of the mortgagor to promptly
and juUt eomplt with the agreements, stipulations. eortditloru and covenant, of said nob and thin mortgage.
or etcher: to pe?f
o?m, complt with and abide by each and every the ogreemenb, stipulations. cor?ditions and
covenants set forth in said note and thL mortgage or either. /n the event the mortgagor /dls to pnt when
dw ant tax, assessment, lnturanos premium or other sum of money potable by virtw of said note and this
mortgage. or either. the mortgagee mar pay the same. without wdving or of
f
eding elu .opeion b jonclwe
or ant other right hereunder, and all such patments shall bear interest /rom dab thereof at the highest law-
f
uI .rate then albwed bt the laws of the Stets of Florida
any stun of money herein referred to be not promptly paid within ten (10) data next after
the same becomes dw, or if each and every the agreements, stipubtions, eonditiorts and covenants of said
rsote and this mortgage, or either, are not jullt perjontted, complied with and abided br, then the entire
sum mentioned to :aid note, and this mortgage, or the entire balance unpaid tlt~rson, shall jorthwtth or
thereafter, at the option of the mortgagee. 6eeonie and be dw and patabb, antthfng in said note a herein
to the contrary notwithstnndtng. Failure by the mortgagee to exeectse ant of the rights or options herein
provided shall not rnnstifute n waiver of ant rights or options under said note or this martgnge accrued or
thereafter accruing.
~n ~11~ ~`s the said mortgagor has hereunto signed and :salad these prgents the
dny rend year just above written.
n. ~ r t t r t~ t .t _ t 1
~tgnea, sere area ?ea t tree prese.rce v -
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STATE OF FLOIUDA,
covxTY of ST. LUCIE.
I HE1tEBY CERTIFY that on this der. bdore me, as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledsmeats, pentonallr appeared
T. WAYNE SKINNER and RALPH H. FOGG, as-tenants in common,
tp me known to be the person 3 descn'bed in and who executed the toregoins ins<runtent and ~1e17 scknowkdeed
bdore me that tZlt3y executed the same.
WITNESS mr hand and offitaal seal is the Couoq and state last aforetaid this ~r of
De0elt~r t A. D. 19 78 .
~ ~ : C ~ Nataxy ;
c ~ ..State of Florida at barge . - ~ 1
- Tf;~ c. My ornmission expires: .E ~
~i . r.,.._.~ ~ . _ .
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Thu Inurumcn~ P'rP1°'~ by. C~~~AID~fi
J~HSox 3089 EGuK JV~ F«GE ~t~
Addrra Ibrt Pierce, FL 33450
(305) 461-2500 .