HomeMy WebLinkAbout1968 and shall per(arm, romply with and abide by each ant{ every the agreements, stipulaUoru, conditionu and
covenants Ihereo(, and of this mortgage, then This mortgage and the estate hereby created. shall cease, de-
termine and 1?e null and void.
Iilk~ the mortgagor hereby further cotfenanls and agrees to pay promptly when due the principal and
interest and atlter sums of money prodded for in aaid Hole and Ibis mortgage, or either; fo pay all and
singular the tares, assessments, levies, liabilities, obligations. and encumbrances of every Walrus on snid pro-
perty; fo permit. commit or stt((er no uraste, tmpai?mertl or deterioration of said land or the improvements
fherrcn of any time; to deep the buildings now or hereafter an said land (oily insured in a aum of not less
than Seventy Eight Thousand Dollars ($78,000.00) flat Qr 808 if co-in ured
in a company or companies acceptable to the mortgagee, the policy or po icier to be held by, and pnyabb
to, said mortgage, artd in the event arty strm of mo?tey becomes payable by virtue of such Insurance the
mortgagee shall have the right to receive and apply the snore to the tndebfedness hereby sectued, acrnunttng
fo the mortgagor for any surplus; fo pay all costs, charges, and expenses, including lowyer~s jeer and tills
searches. reasonably irtctrrred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply urilh Iltt? agreements, stipulations, conditions and covenants of said note and this mortgage,
or either, to perform. comply with and abide by each and 'every the agreements, stipulations, conditions and
cot+enartfs set forth in said note and this mortgage or either. In the event the mortgagor jails -to pay when
due any tax, assessment. insurance premium or other sum of money payable by virtue of said note and this
mortgage. or eillter. Ilre mortgagee may pay the 'same. urilhout waiving or of
fecttrtg the opfiort to foreclose
or any other right heretrrtder. artd all such payments shall bear interest from date thereof at the highest law-
ful rate then allatned by the laws of the State of Florida.
~l arty strm of martey ItPrein referred to be not promptly paid within thirty days next alter
the same becomes drre. or i( each and every the agreements. sliptrlafiorts, conditions and covenants of snid
note artd this ntarlgacte. or either, are not (ally performed, complied with and abided. by, then the entire
sum mentioned in said note. and ibis mortgage, or the entire balance unphid thereon, shall forthwith or
ihereajfer. of the option of the mortgagee, become and be due and payable, anything in said note or herein
to the confrarY notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a trainer of any rights or options under said Hole or this mortgage accrued or
ihereofter acrruing.
~n ~itneSS ~het'eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed. algid ed the rsr~nce o(:
~ ,
tr ~ - . Richard A. Coke
.
~
I eatrice Coke
i ~ _ . - - -
I
E
STATE OF FLORIDA,
~ c~i•tiTY c)F ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
o(ticer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
l RICHARD A. CORE and BEATRICE COKE, his wife
to me known to Fx thr person$ described in and who executed the foregoing insuument and they acknowledged
before me that theycxccuted the same.
~~"IT~ESS my hand and official seal in the County and State last aforesaid this lrjth day of
January, A. D. 19 79.
i
0
r ~LEC .,..D R`CORDED~ Notary Public - State of Florida
My commission expires:
~fn~tY n>nfc S?rn or r?~ts,. • ,.~f~;:
'79 J`;s' 16 AM !t~ : 43 ,a. cc~•Mis~rxr f,PIRES a,e 4 tr15t
4+ t
•
%ru lurlnun~n~ p?rpna•d hy: .
Scott M. Kenney ~ 0 R p~~,~~(1~
Gs ,1r/~/iecs MCDONALD, KENNEY & RUSSAKIS, P.A. BCGK rh.r, X77
1600 S. FederalHwy.
Ft. Pierce, FL 33450 ~