HomeMy WebLinkAbout2324 and shall perform, comply with and abide 6y each and every the agreements, stfpulalioni, conditions artd
covenants thereof, and of this mortpaps,athyn this mortgngs and the estate hereby created, shall chase, de-
termine and bs null and void.
the mortgagor hererby f
wther covenants and agrees fo pay promptly when dw the principal and
Interest and other sums of money provided for to sold note and this mortgage, or tither; to pay all and
singular the taxes, as:essments, levies, liabilities. obligations. and encumbrances of every Wotan on said pro-
perty; to permit. commit or steffer no waste. impairment eu deterioration of :aid Land or the improvements
fherwcn at arty time; to beep the buildings now or hereafter on said land fully insured to a sum of not less
than full lnaurable value
to a company or companies acceptable to the mortgagee, the policy or poltcies to 6e held by. and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such instunnce the
mortgagee shall have the right to receive and apply the same to the indebtedness herby secured, etceounttng
to the mortgagor for any surplus; to pay plI cost:, charges, and expenses, including lawyers fees and title
searches, reasonably incterred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; fo perform, comply with and abide 6y each and every the agreement. stipulations. oonditiorts and
covenants set forth in said note and this mortgage ar either. In the event the mortgagor jails to pay when
due any fax, assessment, irutu~artce premium or other sum of money payable by virtue of said note and tht
mortgage, or either. the mortgagee may pay the same, without waiving or ajjecttng the option to foreclose
nr any other right hereunder, rend al! such payments shall bear Interest from date thereof at the highest Iaw-
jul rate then allowed by the laws of the Strafe of Flortdo. '
- ll any sum of money herein re(enrd fo be not promptly paid within ten days next after
the same becomes due, or if each and every the agreements, stipulations, conditions rend covenant of said
note and this mortgage, or either, are not fully. performed, complied with and abided 6y, then the enttn
sum mentioned to said note, and this mortgage, or-the entire balance unpaid thereon, shall forthwith or
thereafter, rat the option of Ilse mortgagee!, become and be due and payable, anything in said note at* herein
to the rnntrary notu~ifhstanding. Failure by the mortgagee fo exercise any of the rights or options herein
provided shall not rnnstfttete a waiver of any rights or options under said note or this mortgage accrued or
Ihereaffer accruing. _
~n ~~tN[eSS ~h~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first abo1~P ?rrilfen.
Sign sealed and delivered in the presence of
~ ester Arno d
' .
y is~Arno
I
' STATE OF FLQRIDA, ~ i
E
c~u:v7v OF St . Lucie ?
I HEREBY CERTIFY that on this day, before tree, an t
0 officer duly authorized in the State aforesaid and in the County aforruid to take ackaowkdgments, personally appeared
CHESTER ARNOLD and SYLVIA ARNOLD, his wife,
g to me known to be the person g described in and who executed the foregoing instrument and they acknowledged
before me that they executed the same.
V1!17 i11ESS my hand and official seal is the County and State last aforesaid this 2nd day of j
February A. D. 19 79 .
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' ` F?1E0 AN0'RECb~t~ tti~ -
gT, ~UCIE CpUN7Y.~~~ a
~ CppO VERIF~EO otary Public .Stet of Florid
~~~p~ at Large .
' ~i;~~ ~ Zq My Commission Expires : f~ ~ ~Pd
'79 FEB 5 ~ ~ ~ -
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z CLERK CIRCUIT CURT _ ~
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l~iu hu/ruincn~ prrpard by: ~ Ht;«t_~: 1. _ ; . , : ; _ , ,
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