HomeMy WebLinkAbout1409 and shall perform, comply with and abide by each and.every the ogreements, stipulationi, conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate h.r.by orated, shall cease. de-
termine and 6r null and void. -
the mortgagor herr~by further covenants and agrees to pay promptly when due the principal and
irtterrst and other sums of mo?tey provided for to said note and flits mortgage, or either; to pay all rend
singular the taxer, assessments, levies, liabilities: obligations. and encumbronces of every nafuro on said pro-
perty; to pe?mit. rnmmil or suf
jet no waste, impairment or deterioration of said land or the improvements
Ilterecn at a?ty time; to beep the buildings now or hereafter on said land fully insured in a sum of not less
than the highest insurabel value thereof
in n company or companies acceptable to the mortgagee. the policy or policies to be held 6y, and payable
to, said mortgagee. and in the event any stun of money becomes payable 6y virtue of such insw~a?rce the
mortgagee shall have the ?ight to receive and apply the same to the indebtedness hereby sectued, accounting
to the mortgagor for any aurpltrs; fo pay all rnsts, charges, and expenses. including lawyer's fees and title
searches. reasonably inctr?red or paid 6y the mortgagee because of th. failure or the mortgagor to promptly
rend fully comply with the 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, eondIttons and
covenants. set forth in said note and this mortgage or either. In the event the mortgagor foils to pay when
due ony tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, 'without waiving or ajfecftng the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the higkest law-
ful rate then allowed by the laws of the State of Florida.
~L arty sum of money herein referred to be not promptly paid within 10 days next after
the same becomes due, or if each and every the agreements, stipulations. rnnditions rend rnvenanfa of said
note and this mortgage, or either, are not fully pert
o?med, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith .or
thereafter, of the option of the mortgagee, become and 6r due and payable, anything in said note or herein
to trio contrary nofu~ifhstandirtg. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall riot constitute a waiver of any rights or options. trader said note or this mortgage accrued or
fhereafler accrui?n,.g. j~• -
~n ZV~l1l~,.7 W~OI~ the said mortgagor {tas hPreunt0 signed and sealed these presents the
day. and year first above written.
•
Signed. sealed and delivered in the prnsence of
C~
t David Hutchinson
CJ ~ D
,
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Kath C. Hutchinson
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42358 ~
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STATE OF FLORIlT4;
COL'1TY nF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, prrsonally appeared
DAVID HUTCHINSON and. KATHRYN C. HUTCHINSON, his wife,
to me known to Fx the person S described in and who executed the toregoinq instrument and they acknowkdRed
Ixtom me that theyexecutea the same.
I'I'N>ySS my hand and official seal in the County and State last aforesaid this day of t
t
c
Jane. n. I9 79. s
_ ~;•~OT~~ ~s:~ Notary Public, State of Fla. at Large
~ Fyn.,,;,,;, ~ MY Commission Expires : _ #
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.rn; .3 :
ss~ ` I
IS INSRtUMEI`IT PREPARED BY
FRANK H• FEE, -y ~
FIRST FEDERAL BLDG• ~ u
PIERCE, FLORIDA 33450
17~is h~slnm?~n~ prrpaml hy: G R
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