HomeMy WebLinkAbout1577 and" shall perform, comply with and abide by each and every tits ogneme?tts, sltpulalloni, conditions and
rovenants Thereof. and of ?Itis rrwrtgnpe, then lhli mortgage and the estate hsroby created, shall cease, dt-
termine and be null and twirl.
gild the mortgagor hers+by f urlher rovenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said Hole and fhb moNgnge, or either: to pay ail and
singular the tares, assessme?tla, levies, liabilities, obligations. and encumbrances of every nature on said pro-
perly; to permit. commit or sttf
jer rto u+aste, impairmertf or deterioration of snid land or tht improvements
Iherecn of arty time; fo deep the hut[di?tgs now or hereafter o?t said land /oily Insured In a sum of not less
Than highest incurable value
in a company or _ romparties acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
fo, said mortgagee, artd in the event any stun of money becomes' payable by virtue of stub trutuance the
mortgagee shall have the right to receive and apply the same fo the Indebtedness hereby sectued, accot?nling
to the mortgagor for any at?rpltu: to pay all costs, charges, and expenses, includtng lawyer i Jess and title
searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and jolly comply u+ilh the ngreeme?tfs, sfipulnlions, conditions and rorenanls of said Hole and fhb morlgtsge,
"or either; to perform, comply with and abide 6y each and every the agr+esmenb, stipulations, conditions and
covenants set forth in said Hole and this mortgage or either. In the event the mortgagor fails to pay when
due any fax, assessment, insurance premitun or other aura of money payable 6y vtrfue of snid note and this
mortgage, or eIllter, the mortgagee may pay the same, without watvtng or affecting the option to f
or+eclose
or any other right hereunder, and all such payments shall bear interest from date ther+eoj at the highest law-
ful rate Ihen allow+ed by the laws of the State of Florida. "
~ ~l any sum of money herein referred to be not promptly paid within 30 days next of ter
the same becomes due, a if each and every the agreements, stipulations. conditions and rouenanb of said
note and this mortgage, or either, are not fully performed, complied with and abided by, Ihen the entire
sum mentioned in said note, a?td this mortgage, or the entire balance unpaid iJtereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due nail payable, anything in snid note or herein
to the contrary Hato+ithslanding. Failure 6y the mortgagee fo exerrtse any of the rights or options herein
provided shall not eonstilttte a uwiner of any rights or options under said note or this mortgage accrued or
ihereaf ter accruing. "
~n ~t~~S ~h~eof, the said mortgagor has hereunto signed and sealed These presents the
day and year first nlwve.tvriffen.
Signed, sealed and delivered in the presence oj: ~
c F. Gar ndo~
orene Ga a o
i
i
9 STATE OF FLORIDA.
~ COUtiTV OF St. Lucie
~ I HEREBY CERTIFY- that on this day. before tne• an
4
officer duly authorized in the Stair aforesaid and in the County aforesaid to takr acknowledgments• personally appeared
Tholaac F. Garlando and Lorene Garlando, his wife
I to me known to br the prrson g described in and who executed the Iorcgoinq instrument and ~p acknowledged
Ixtor~ me that theq executed the same.
x
N I7"11SESS my hand and official seal in the County and Stair last aforesaid this 26th day of
Jtt>,tiary A. D. 19 79
~ - t
~ FtEC0Rb~01" Notary 1 c
%z• ~ , TSF1?L1 ~
l UC'E p~V ~t1f1~0
CC~ ~3~ My Ct~taiasion Expires:
31 ~ X0.5
p
ax~fc as I~fat~ Nr wt?
' " +~g JQ~ ~ ~ M? oolwwssro~f tit!' oaf. ~a,..:
" ~ ~ fem. ~y
F 1~~ ~ ~J
CLERK CIFCVIT
8~~~3~ ~i5??~
Ibis Lfslrrnncn! prepared by:
Betty J. Baldvio
k AJ~lrrss~as a ~
o~,
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