HomeMy WebLinkAbout0042 ant~ sha~~ pe~jorm, comply u~ilti an~{ abide by eacti and e~'ery Ih~ agreemenls, stipu~atio?is, condlfiona ond ~
co~~enanls the?eoj. and oJ Il~~s mortgane, then fl~ia morl~nge and Ihe estate I?..~6y ~Yeated, ~hall cpas~, d~-
le?mine ant~ 6e nu~~ an~ twi~~.
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n1~Y fhr mortgapor henrby jurther covenanfs and agroes fo pay promplly when due !{~s pri~cipal and
infe?esl and ol{~er sums oJ money provtdec~ jor in said nole and fhis mortgage, or etther; lo pay a~~ anc~ ;
aingu~ar Ihe taxps, assessmrr~ls, Ievtei. Iia6ililiea, ob~igafions, nnd encumbruncet oj every nalure on suic~ pro- i
perly: to permit. commif or su((er no u~aafe, impai~me~f or c~eterioro!!on o~ satd ~and or fhe i~nprovementt ;
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l~erecn af nny lime: fo ~PPP I~P tiul~~ings ~ow or {ie?pa(ter on said land ~ully lnsure~I in a sum oj not ~ss ~
tl~an the amaunt of this Mortgage, $15,000.00. ~
in a compnny or compnnies acceplabte fo I~e mortgagee, the po~icy or po~icies lo h.ld 6y, nnd paya6le ~
to, saic~ mortpagee. ane~ in f~e event any swn of muney 6ecomea Poyo6[~ 6y virlue oj suck lnsurance ~
mo?tga9ee shall i~ave the right to receive a.~d npply fhe same to the indebtednes~ hpre6y secured, aceounNng
fo !~e morfgagor jo~ any surpliis: to pay a~~ cosls, charges, and expenses. inc~uding ~awyer~s ~ees and fit~e ;
searches, reasonati~y incurre~ or paid 6y t{~e morfgagee hecuuse oj the ~ai~ure o( fhe mo?tgagor !o prompfly ~
and f ully comply with the agreemenls, slipulations, conditions and covennnls o( said note and Ihts mortgage. ~
or eilher: fo pe?~o~m, comp~y wit{~ nnd a6ide 6y each and euery tke agreements, stipu~ultons, condiltona and ~
covenanl~ set Jort{~ Fn said note and this mwfgage or either. In fhe event Ihe mortgagor f
ai~,t to pay wh~n ~
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due nny tax, assessment, insurance premium or other sum o~ money paya6le 6y virlue o) said nofe and thia ~
ftie same, wittiouf waiving or a~f
ecting !he option to Jorec~ose {
mortgage. or eifher, f~e mortgagee may pay ;
o? any oll~er rigF?t I~erPUnder, ancl aII sucl~ pnyments shall 6ear interp~t (rom date thereo( at the highest law- s
(ul mte t6en allowe~~ by 1{~e laws oj thP State o/ Flo.tdn. ~ ~
nnp sum of money {ierein re(errecr to be not prompt~y pnid wit~in f if teen days next a~te~
tf~e same 6ecomes due, o~ if each ancr euery tl~e agrc+ements, slipulations, conditions and covenants o) said
nofe nn~ fl~is mortga,ye, or either, are not fully perjor?ned, corrip~ied witF~ ancl n6ided 6y. Ihen !he enlire
sum mentionea in said nole, and tl~ia mortgnge, or th e entire 6o~ance unpaic~ thereon, ahn~~ )orlhwitl~ or
Iherenf ter, at the option o) t1~e mortgagee. 6ecome ancl 6e due and payn6le, anytl~ing in saicl note or he?ein
to t{~e confrary nofu~ilhslanc~ing. f~ni~ure tiy t~e morfgagee to exerciae any of the righls o~ options ~?erein ~
provided s{~a~~ not constiN~fe a wainer o( any riy~fs or oplions unc~er saic~ nole or this morfgage accrued or ~
I~erea(t~r accruing. ;
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~~n ~itness ~hereof~ 1{~e snid mortga,yor ~as hereunto signed ancl sealed !{~ese presents thP
c~ny anc~ y~ar (irst aho~~e ivritfen.
Signed. sealed and c~eli~~pred in !hp presenre o(: ~ ~
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, , J i7 K. HOLT . ~,v~
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-i /E/~/ -;~~Y'%~~~t'-- - - .~(.:l.4,.t..~. . _ - - - ~ - - ~
;1ARIAi` ?`1. HOLT
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F STATE OF FLnRiDA, ~
~ CouxTY OF ST. LUCIE
3 J~Yy/~iL I HEREBY CBRTIFY thu on this day, be(ore me. ar?
~ ~Tr'9~uthorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledRmenu, penonally appearcd
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~ ~ ~-r "'JOHN ~C. HOLT and Y.ARIA.'V ti. HOLT, his wife
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' tp• me know~ to be the prrwr~S described in and who ea~cuted th~ (orcqo~nq ~nstrument and they ~~~~w~~
~ ~ beior~, mE. t f~at,~ the}? cxecuted the same.
,'1;. . ~ .V1E~('l~i~SS my hand and official seal in the County aad Stan• last aforesaid this ~St day o(
~ ' ~ ; ~ ; . =~e~irgary n. n. ~9 79 ~ ~
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x Notar Pu lic
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M~ Co-~:~iss'_~n E;tp;res:
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, F1pT A~Y /UtL i C SUTf OF RORI W1 AT !/1;~E
- AA MY COMMISSION f7~IRES 1IW. 2~ f982
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l'~ Tliu hutrunit~ri prrpare~ by: LA;,IYERS TI;L~ INSLRAIvCE CORPO?.ATIOfi
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n~~~~n.~ Cheryl S. `:iller
P . 0. Box 3845 ; ~ ~ .
4' Fort Pierce, FLA 33450 ~
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