HomeMy WebLinkAbout2854 and .halt perform, comply with and abide 6y each and every the agwementa, attpubtloni, eondittona and
rntwnanta thereof, and of thta mortgage, then Chia mortgage and the eafate Newby crenfed, ahaU oeaae, de-
termine and be nul! and void.
the mortgagor hereby jwther cow?tanta and agwea to pay promptly when dw the principal and
infewsf and other sums of money provided for in antd note and Chia mortgage. or either; to pay nU and
aingulw the taxsa, asaesamenta, levies, liabtkftes, obltgationa, and encumbr+artcea o/ every racists on aaid pro-
. petty: to permit, commit or aujjer no u~te. impairment or deterioration of aaid fond or the improwntenfa
thewon at any time; to beep the 6utldinga now ar hereafter on aaid land fully insured in a sum of not lua
than Five Thousand and no/100 ($5, 000) Dollars
in a company or companies acceptable to the mortgagee. cite policy or policies fo 6e held by, and payable
to, said morfgagse, and in the event any atsm of money becomes payable 6y utrfw bj such tnaurancv the
mortgagee ahnll have the right !o receive and apply the:ante to the indebtedness Newby aecuwd, aceountirsg
to the mortgagor jot any attrpltu: to pay alt coati. chnrges, and .expenses, including lawye?'s fees and titb
searches, reasonably incu?red or paid by the mortgagee because. of the jailuw of the mortgagor fo promptly
- and fully rnntply with the agreements, stlpulaiiona, conditions and covenants of said note and this mortgage.
or either:~to perform, comply with and abide by each and every the agr+eemenis. stipulatio?u, catdtttona and
rnvenants set /o?th in said note and this mortgage or either. ?n the event the mortgagor jnib to pay when
due nny tax, assessment, insuronce pwmium or other sum o/ money payable 6y virtue of aaid note and chi,
mortgage, or etcher, the mostgagee may pay the same, without u~aivirtg or aJ/acting she option eo jorocbae
or any orbs. right hereunder, and all ouch paym.nts shall bear interoat from date lher+eo/ nt the highest low-
juI rate then allowed 6y the laws of the State of Florida.
any sum of mo??ey herein referred to bs not promptly paid within 30 drys next after
the same becomes due. or ij each and every the agreements, sttpulntio?u, conditions and covenants of raid
note and this mortgage, or either, are not fully per/ormed, complied with and abided by, then the entire
stsm mentioned in said note, and this mortgage, or the entity balance unpaid thereon, shall forthwith or
fhereajter. nt the option of the mortgagee, become and 6e due and payable, nnythtng to aaid note or heroin
to the cont?nry notwithstanding. Failure by the mortgagee to exercise any of the rights or options herNn
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
the?eajter accruing.
~n ~IlitntSS ~hertof, the said mortgagor has hereunto signed and sealed these preaenb the
dry and year first aboae written.
S red, sealed and delivered in the prrsPnce oj:
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I
s
STATE OF FLORIDA,
COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this day, before me, as
officer duly authorized in the State afomaid and in the County aforeuid to take acknowledgments, personally appeared
~ JOHNZE RAY CART, a single adult ~
to me known to be tht person described in and who executed the foregoing instrument and he acknowkdgtd
before me that he executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this 15th day of
March A. D. 19 79
t
Notary Public, State of Fla. at Large
My Commission expires : - 8y ;
_ F ~c0 AR a RFOOROEO ~ -
438893
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C; %~Ln . -
_ERK.~tRCtit '
Thu I?trtrunum prrpard by:
Add~f G R r~~
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