HomeMy WebLinkAbout2164 and shall perform, comply u+ifh and abide 6y each and et+.ry fhe agreemenb, stipulaftoria. eonditions and
c+ot+snonls !he?soj, and of this mortgage, then fhb morfgape and the estate hsreby created, shall cease, de-
• fermtns]~and~ 6e null and void. -
TIIIII the mortgagor hereby further eovett¢nta and gees !o poy promptly when .d„e the principal and
Interest and other sums of money provided •jor in Bald Hole arsd thb mortgage. or either; to pay all and
ringulor the faxes. asssssmenls. levies. ltnbiliffer. oblfgaltons. and stuumbroneer of every nattu+s on sold pro-
pe?ly: fo permit. commit or rujjer no tussle. impairment or deterloratbn of said land or the improuemenb
thereon of any time; to beep the buildings now or hsrwajter on said land fully lnrut+sd to a sum of not less
than highest insurable value thereof
fn acompany or rnmpanies acceptable !o fhe morfgnget. fhe policy o? po(lciee to be held by. and payable
- to. said mortgages. and fn fhe even! any suits of money bseom~s payable by ufrtw bj stub ittstrrartce tht
mortgagee steal! have fhe right to receive and apply the same to the trtdebtsdness hereby secw~rd, aoeounttng
fo the mortgagor for any surplus: fo pay all costs. charges. and expenses. trtcltsd~ng lawyers jses and title
searches. reasonably incttrrtrd or• paid by the mortgages because of the. jaflure of thi mortgagor fo promptly
and fully comply with fhe agreements, stipulations. condiflonr and eovennnb of said note and thb wtortgepe,
or either: to perjorn~l, comply with and abide by sack and awry ilia agtwmsnb. sftptalottons. eondffforu and
covenants set forth in said note and thlr mortgage or either. In the event the mortgagor jells to pay when
dw any fax, asssument, instuance premtttm or other stun of money payable 6y virtw of said note and thb
mortgage. or either. the mortgagee may pay fhe same. without waiving or of/ectfng t1~e option to foreclose
or ony other right hereunder, and all such payments shall bear interest from date thereof at fhe highest 1aw-
~ul rate then allowed by the laws of the State of Florida. ~ -
any sum of money herein referred fo be not promptly paid within ten days next offer
the same becomes due, or ij each and every the agreeemenb, stipulations, conditions and codenanb of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then fhe entire
rum mentioned in said note, and thb mortgage. or the entire balance unpaid !hereon, shag jorthwifh or
thereajfer. at the option of the mortgagee, become and 6e dw and payable, anything fn said note or herein
to the. cortfrary notwithstanding. Failure 6y the mortgagee !o exercise any of fhe rights or opNoru herein
- provider shall not consfiltsfe a waiver of any rights or opllons under said note or this mortgage accrued or
- f?t_ereajfer accruing.
~n ~ltntSS ~Itertof, the said mortgagor has hereunto signed and sealed these prerenb fhe
day and year first alwve a+ritfen. -
Signed sealed d delivered in t e resence of : ~ `f
ichard ~ . --R eel- -
.
teas L. Reed
I -
t
STATE OF FLORIDA,
cotrNTY of 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, personally appeared
Richard B. Reed and Selma L. Reed, his wife,
to me known to be the person S described in and who executed the torcgoinR instrument and they acknowledged
before me that they executed the same.
WI7:VESS my hand and official seal in the County and State tut aforesaid this ~ ~ day of
February A. D. 19 7 9 •
- NUTARY P LIC, State of Florida
at Large.
r My commission expires:
Notary RtbCx, State of R,~rida at large
! _ _ At:i7 RECOROEbA' _ telly Ccnttt~issratt Expires litter t, 1982
Fl.?+• soma A.+.,..c.., +u. i Cas.a.'ti Cy..~..~
flru hw.unu,~~ prrparcd by: C, rctK i;F~~~'T r`i;R3
a~3U3 ~2~~
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