HomeMy WebLinkAbout1262 and shall perform, comply with artd abide 6y each and every fhe agreements, attpulalioni, conditions and
rnvPnartls thereof. artd of this mortgage, Ihen this mortgage and the estate herby created, shall erase, de-
termine and be null and void.
~1~ fhe mortgagor herrby jtulher covenants and agrees to pry promptly when due the principal and
irtteres! and other slims of money provided jor to sold note- and thin mortgage, or either; to' pay nll and
atngulaa the taxes, assessments, lei?iPS, liabilIlies, obligations, and snctunbrancer of every rotor on avid pro-
perly; fo perntif, commit or suffer no waste, impairment or deferiorotion of said land or fhe improvements.
therecn at any limp; to keep the huildi?tgs now or hereafter on said land fully insured to a sum of not less
than full insurable value _
in a company or companies acceptable to the mortgagee. the policy or policies to be held by, rend payable
to, said mortpageP, and in the event a?ty sum of money becomes payable 6y virtue of such insurance fhe
moHgagPe shall have fhe right to receive rend apply the same to the indebtedneu hereby second, accounting
to fhe mortgagor jor any stirpltis; to pay all costs, charges, and expenses, including lawyer's Jess rend title
searches. rPasorinbly irictirred or paid by the mortgagee because of the jailtire of the mortgagor to promptly
and jolly comply with fhe agreements, afipulationa, conditions and rnvennnta of said note and fhb mottgags.
or eiflter; to perform, rnmply with and abide 6y each and every the agreement. stipulationu. conditions and
covenants set forth in said note and fhb mortgage or either. /n the event the mortgagor jails to pay when
due any tax, assessment, instira?tce premium or other sum of money payable by virtue of said note and thb
mortgage, or either, the mortgagee may pry the same, without waiving or of
feeling the option to jorecbae
or any-other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
ful rate then allowed by fhe Iaws of the Stole of Florida.
~l any sum of money. herein referred to be not promptly paid within ~'I~?TEEN day: next njfer t
the same becomes dtie, or if each and pVPry fhe agreements, stipulations, conditions and rnuenant of said i
note and this mortgage, or either, are not jolty performed, 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, at the option of fhe mortgagee, become rend be due and payable, anything in said note or herein
fo the contrary notu~ilhsfartding. FailtrrP by fhe mortgagee to exercise any o/ fhe rights or optiot~ herein
provided shall not rnnstitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
Dn ~~u[QSS ~~l'ltOf, the said mortgagor has hereunto signed and sealed these presents the
day and year just above ivritfen. -
Signed, sealed and delfrPred the presence oj:
- Ed Jo on
- - y a A ma .Toh on - -
-
i
STATE OF FLORIDA. ~ -
- c~c:vTY OF ST . LUCIE .
j I HEREBY CERTIFY that on this day. before tree, an
i officer duly authorized in the Starr aforesaid and in the County aforesaid to take acknowledgments, personalty appeared
- EDGAR JOHNSON and SYLVIA ALMA JOHNSON, his wife,
~ to me known to be the person g described in and who executed the foregoing instrument and they acknowledged
Ixforr me that they executed the same.
KI1;'~tESS my hand and official seal in the County and Starr last aforesaid this day of
F February A. D. l9 79 ,
r,`E~ AND RECORDED*,- '
' - ~;;~i~ BOUNTY, FLA:
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- - l - a --a---of Florid
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. rte: ~ ~ ~.1--•- `~`~t"~'' JNY COMMISSIOv E~piRE1 avR 30 19N
'~f'~~',.:~ t10r~DfD TF$U GENERAL irk ni~RwRITERS
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E T/,tt I,u~nu»ctN prpr,n°c! by: Spencer B . Gilbert
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Adc~i~rs P . 0 . Box .3388 , Ft . Pierce , Fl 33450 t100x ~'q~~
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