HomeMy WebLinkAbout1579 and sholl perform, comply u~ifh and abide by Pach and et~Pry the agreements. stipulattoru, conditions and
covertanfs Thereof, ancj b( this mortgggti then This mortgage and the estate hereby created, shall cease. de- -
1Prmine and 6e null and void.
~nd the mortgagor hereby further covenants and agrees to poy promptly when due the prlnctpnl and
interest and other sums of money provided for in said Hole and This mortgage, or either: to pay all and
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly; to permit, commit or suffer no waste, impoirmenl or deterioration of said land or the improvements
thereon of any flmP; to beep the buildings now or hereafter on said land fully insured in a sum of not less
than $10,000.00 in fire and windstorm insurance
irs a company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of tuck insurance the
mortgagee shall have the right to receive and apply the same to the Indebtedness hereby secured, accotsnltng
to the mortgagor for any surplus: fo pay all costs, charges, and expenses, Including lawyer's fees and title
searches. reasonably incurred ur paid by the mortgagee because of the failure of the mortgagor fo promptly
and fully comply with the ogreemenfs, stipulation:, conditions and covenants of said note and this mortgage,
or PithPr: to perform. comply with and abide 6y each and every the agreements, stipulations, rnndifions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor Jails fo pay when
due any tax, assessment. insurance premium or other sum of money payable 6y virtue of snid note and This
mortgage, or either, IhP mortgagee may pay the same, without tuniuing or affecting the option fo foreclose
or any other right herPtsnder. and all such_ payments shall bear interest from date thereof al the highest l~u~-
)ul role then allowed by the lotus of fhP State o) Florida. ~
~l any sum of money herein rP(Prred fo 6P not promptly paid u~ifhfn ---30--- days next after
IhP same bPCOMPS due, or if each and every the agreements. sftptrlaftons. conditions and covenants of said ~
note and this mortgage. or either, are not fully performed, complied with and abided by, then the entire }
sum mentioned in said note, and this mortgage, or the entire balance unpaid Thereon, shalt forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable. anything in snid note or herein
Io the contrary notu~ifhstanding. Failure by the mortgagee to exercise any of the rights or options herein
proridPd shall not constitufP a waiver of any rights or options under said note or this mortgage accrued or
I
thereof lPr accruing. ~
~n witness ~heCeof, the said mortgagor has ItPretrnto signed and sealed these presents the r
f clay -and year first aborP ucritten.
ff
Signe sq~aled: d delit~P?Pd in IhP presence of : •
r
i ~ .
i
i
f _ ,
1
i
r
`r STATE OF FLORIDA, ~ ~ j
COI;tiTY OF St .Lucie
I ~
t 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
' Patricia Dixon, ,joined by her husband Orbie Dixon
I
to rm• known to be thr p~•rsonS described in and who e>,ecutcd the (orrgoin¢ instrumrnt and they acknowledged i
~ i
j before me that they executed the same. 6t1~
1
N'IT\F.SS my hand and official seal in thr County and Stair last aforesaid this -~~~:s.'~,,._,,,' .day of
~ t4arch A. D. 19 ~ ~ •
77 .r'~
_ _ ~
~~~4 J~latary Public. s.-~ts1! t1t~L~1l. c• ~
i
NIy Commission F~cpir8s fe6 l2. 1962 ;
' , . ~ 6 2 4 Z eand.a thru Jedco Insurarker
1 ~ A
F.A.Harris
%lua Lct~rr,au-„/ prrpenJ 1~~: t}10 Orange Avenue
~ Fort Pierce Fla. 4
S
3
r
t