HomeMy WebLinkAbout2599 and shall prrform, cY~mply with and abide by each and pt+pry the agreements, stlpulalions, rnndilions and
cat+erta?tts Ilterpof. acrd of Iltis mortgage, then this mortgage and the estate hereby ctwnted, shall cease, de-
tprminp and I,e null and t+oic{.
~Ild flte morlctaftor Itert•by further covenants and agrees fo pay promptly when due the principal and
interest and other sums of money provided jor !n sold note and this mortgage, or either, to pay all turd
singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly: fo permit, commit or sttf
ter rto tuasfe, impairmertf or deteriarotiorr of :aid land or the Improvements
Ihprern at any limp; to deep fhp buildings now or hereof ter on said land fully tnstrred in o sum of not less
than highest insurable value
in n conttwrty or companies acceptable fo flip mortgagee, the policy or policies fo be held by, and payable
fo, said mortgagee, and in flip c•venl arty sum of mo?tpy becomes payable by virtue of ouch irutuance the
mortgagee shall have the right fu receive and apply the same to the indebtedness hereby aectued, accounting
fo the ntorlgaryor for any sttrpltts; fa pay all costs, charges, and expenaps, including lawyers fees and title
searches, reosonably irtctrrrecl or paid by tltp mortgagee becatup of tha failure of the mortgagor to promptly
acrd fully comply u~ifh the agreemp?tls, sfipttlafions, conditions and covenants of said note and this mortgage,
or eillter; to pe?form, comply with and abide by each and every the agreements, sfipulationa, rnnditions and
cot+enartls set forth in said note and this mortgage or either. In the event the mortgagor foils to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of sold note and Chia
mortgage, or eillter, flip mortgagee may pny the same, without wniving or affecting the option to foreclose
or any other right iteretirtder, acrd all such payments shall 6enr interest from date thereof at the highest law-
/Ill Mtp then allowed by the torus of the Sfatp of Florida.
any sum of money herein referred fo be not promptly paid within 30 drays next after
flip sump becomes dttp, or if each and every the agreements, sfipulalions, conditions and covenants of said
note and this mortgage, or eillter, are not fully perfot~?ted, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire bniance unpaid thereon, shall forthwith or
thereafter, of Ihp option of tltp morlgngep, bernme and be due and payable, anything in said note or herein
to the contrary notu~ifhstanding. Failure by the mortgagee to exercise any of the righb or options herein
prat+idecl shall not constitute a waiver of any ?inhts or options under said note or this mortgage accrued or
ff~prpaftpr accruing.
~n ~itntSS thereof, Ihp said mortgagor bus hereunto signed and sealed these presents the
day and year f irsl abot+e a+ritlen.
Signed, seal and del' + ed t pSPIICp of : ~ -
HU ETRICK
ERMA DETRICK
F
`r
i
STATE OF FLORIDA,
COUNTY OF St. Lucie
{ I HEREBY CERTIFY that on this day, before roe, an
I officer duly- authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
HUGH DETRICK and ERMA DETRICK, his wife,
to me known to Ix the persoif3 described in and who executed the foregoing instrument and whU acknowkdged
Before me that they executed the same.
N'17 `ESS my hand and official seal in thr County and State last aforesaid this 17th day of
January A. D. 19 79•
. .
~ „r c.~,?~rv CI , .
.
3 .1~~p NOTARY PUBLIC
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