HomeMy WebLinkAbout1719 and shall perform, rnmply with and a61de by each and every the agreements, sttpulatb?ir, conditions and
eot+enantr thereof, and of this mortgatts, then this mortgage and the state herby cwated, shall cease. de-
termine and 6e null and void.
the mortgagor Newby further covenants and agrees to pay promptly when dw the principal and
tntereal and other soma of money provided for in said note and this mortgage. or etlhw; fo pay aU and
singular the taxes, assessments, levies, liabilities. obligations, and encumbrances of every nature on raid pro-
perty: to permit. commit or suf
jer no waste, impairment or deterioratbn of said land or the improwmenb
therecn of any time; to deep ihs buildings now or hereafter on said land f
uUy trtsu?ed to n sum of not less
than highest insurable value
to a company or companies acceptable to the mortgagee, the policy or policies fo 6e held 6y, and payable
to. said mortgagee, and in the event any sum of money 6ernmea payable by virtue bf such iruuronce the
mortgagee rhaU haw the right to receive and apply the same to the indebtedness hereby sectu+sd, accotutting
to the mortgagor for any surplus: to pay all costs, charges. and txpenses, including laurye? i fees and titb
searches. reasonably incurred or paid 6y the mortgagee beeaws of the failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, eortdttionr and eownants of said note and this mortgage,
or either: to perform. comply with and abide by each and every the ognententr, stipulatbns, oondttioru and
rnvenanta set forth in said note and this mortgage or either. /n the event the mortgagor fails to pay when
due any tax, assessment, insurance premitun or other sum of money payable 6y virtue of said note and this
mortgage. or either. the mortgagee may pay the snore. without waiving or affecting the option to f
orecloat
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
fu! rate then albwed 6y the laius of the State of Florida.
any sum of money herein re(et*ed to be not promptly pnid within 15 - days next after
the same becomes due, or ij each and every the-agreements, stipulatioru, conditions and covenants of said
note and this mortgage. or either, are not fully performed, complied with and abided by, then the entire
stun mentioned in said note. and this rnortgnge, or the entire balance unpaid thereon, shall forthwith or .
thereafter, at the option of the mortgagee. become and 6e due and paynb[e, anything in said note or herein
to the canirory notwithstanding. Failure by the mortgagee to exercise any of .the rights or options herein '
provided shall not constitute n u+aiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~t~~S ~~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above u+ritten.
Signed, sealed and delft+ered i the pres nee of
- _
PFid~]Y J. Ii~~P
i
StF
G
STATE OF FLORIDA,
COL`NTY OF ~'~j
I HEREBY CERTIFY that on this day. before me+ an
officer duly authorized in the State aforesaid and in the County aforesaid to take ackrwwkdgments, personally appeared
t
PII~NY J. Kt3fII~~;P'P -
to me known to be the person described in and who •executed the foregoing instrument and she acknowledged
before me that Sht: executed the same. t
WITNESS my hand and official seal in thr County and State last aforesaid this day o[
JiIIlUat'y A. D. 19 79 _
~ FLED AND" RECbi~E1i1 ~ , ,
~ a
i r.3~ ST. LUCiE COUNTY. RL"A:'• '
~'G1S `~~l%; Cif-tr; t~ER~FIEb Notary Publ~.c
~
= 44~~~ s ~ Carinission Expires
_ = ~ ~ ~ p : ~ Z '79 FEB I AM 9 : 3 0 ~t A
~,~f ~ ~ v ~ ~ RU GENFRAI INSURA j
l ~ . , ^ ^ \ : ~ 1'. C3 C• ~ R t'0 Z ~ r . ~ NOTARY PUNK STATE OF RORIt?A AT URGe
• • ~ ~ C L~ RK CIRCUIT C O i1 R i t~o~ulrrussgw Ex?t~fs IYtAR. fg7q
r lONOEO TFfRtf G'NFRAt ItvS~;RANCE UrrC+Fe:vitit*«
-
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Tbu I,uin„»
c»t p~c~rrd by: I,arLy M. stewart, Attorr~y B~; ~Ir ~ ~ ~E
Adrlrrsr 401 East Osceola Street, Stuart, Florida, 33494.
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