HomeMy WebLinkAbout1598 and :hall perJornt, comply with artd abide 6y each and every the agreements, sftpulatton"s, conditioru and
covenants thereof, and of this mortpape, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and trotd.
Ri~ IhP mortgagor IterPhy Jurfher covertanfs and ogress to pay promptly when due 1hs principal and
irtferesf and other sums of mo?tey provided Jor in said note and this mortgage, or either: fo pay all and
singular the lazes, assessments, levies, liabilities, obligations, and enctrmbronces of every nature on said pro-
perty; to permit, commit or strJJer ?to u~nsle, impairmertf or deterioration of said Land or the improvements
IherPCn at any tint:: fo ~PPp the blllldings nOW Or ItPrPOJfer On said land Jlrlly insured in a sum of not les:
than highest insurable value.
in a comt><eny or companies acceptable fo fl?e mortgagee, the policy or policies fo be held 6y, and payable
to, said mortgagee, and i?t the event arty sum of money becomes payable by virtue of such insurance the
mortgagee shall have the ?ighf fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor Jor. any surplus; to pay all costs, charges, and expenses, including lawyer's Jees and title
searches, reasonably incurred or paid by the mortgagee 6ernuse 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 eftlter: fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
rnvenartts set forth in said note and this mortgage or either. In the event the mortgagor Jails to pay when
due any tax, assessmnntf, irtstrrance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest Jrom date thereof at the highest law-
(ul rate then allowed by the laths of the Staff of Florida.
~l any sum of munPy herein referred to 6P not promptly paid within fifteen days next alter
the same becomes due, or if each artd every the agreements, stipulation. conditions and covenants of said
note and this mortgage. or either, are not fully perfotTrted, complied with and abided 6y.. then the entire
sum mentioned in said note, and this ntorlgage, or the entire balance unpaid thereon, shall forthwith or .
thereafter, at fhP opfian of the mortgagee, become and be due and payable, anything in said note or herein
to ihP contrary nottnifhsfanding. I'ailurP by the mortgagee to exercise any of the rights or options herein
provided shall not canstitufP a waiver of any rights or options under said note or this mortgage accrued or
thereat ter accruing.
~n witness ~heCeof, the said mortgagor has hereunto signed a d these presents the
day and year firs) above u~riffen.
Siyned, sealed and dPlirrrrd in fhP prPSt~nc o(:
i
L- ~
Craig C.Matthews
~ ~ a a Y .Matt
E4 ~
[rC
I!F
1 ! -
STA"CE OF FLORIDA,
~ i cOC~TY OF ST.LUCIE
I HEREBY CERTIFY that on this d,.y, before the, sn
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgm~rtp, personally appsared
CRAIG C. 2•IATTHEWS AND BAFBARA Y. MATTHLt4S, HIS h'IFE •
to me known to tx the persons described in and who executed the forego~nq instrument arid' the~r.• sekpbwTedged
ixfore me that theyexecutea the same. '
N'17'tiESS my hand and official seal in the County and Stab• last aforesaid this d n~ day of
March A. D. 19 79
~ '=LCOR~'EO
~
n . ! 7 . 1
-
•~~`l~tr~'4 Notar Public
79 6 Pbt 3 • 6
~ ~ l~ R~.tr/ Pu:t;t, Stag o: Flrida at taryt.
t!r Commissi,n ExF:res lL:y. 30. 1980 j j
- ~ _
tb„e.a t. ~.».K.. a c....r. c..w.,
} fl
_ 'I
- }
I
W
~ !%ris hwninrtfr~ pr~pnmd hy: t ~ ` ~ 800K ~4 PACE~5
4