HomeMy WebLinkAbout2297 and shall perform, comply with and abide 6y each and every the agreements, stipulatloris, conditions and
covenants Iltereof, ar?d of this morlltaffe, then this mortgage an~I the estate hereby created, shall cease. de-
fennine and I?e null and tbid.
the mortgagor hereby further cove?tnnts and agrees to pay promptly when due the principal and
interest and other sums of money provided for In sold note and Iha mortgage, or either; to pay 'all and
singular the (axes, assessments, levies, Itabtlities, obligations. and encumbronces of every nature on said pro-
perty; fo permit, commit or suffer no u~asle, impairment or deterioration o/ sold Land or the Improvements
fherec•n at any lime: to keep file buildings now or hereafter on said Land fully insured in a sum of not less
than
in a company or rnmpanies acceptable to the mortgagee, dle policy or policies to 6e held 6y, and payable
fo, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such Insurance the
moNgagee shall bane the right fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: fo pay all rnsts, charges, and expenses, including lawyer's fees and fide
searches, reasonably irtct/mal or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply u~ilh the agreenle?tts, stipulations, conditions and covenants of said note and this mortgage,
or eilller: to perform, comply with and abide 6y each and every the agreements, stipulations, conditionu and
corenartts set jo?Ih to said note and this mortgage or either. In the event the mortgagor /ails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecltng the option to foreclose
or any Of11PI right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida.
~l any sum of monPV herein reJerrecl to be not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of snid
note and this mortga~fe, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in snid ?tofe. and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
fo the contrary nofwifhslanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not consfilule a waiver oI a?ey rights or options under said note or this mortgage accrued or
Ihereafter accruing.
~n ~itneSS ~ft~'e0f, the said mortgagor has beretInto signed and sealed these presents the
?lav and year~(irsf above a+riffen.
S' ued, si~aled and deliver 'n file presence of : ~
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~ STATE OF FLnRIDA,
c(m\TY OF ST. I~JCIE
I HEREBY CERTIFY that on this day, before me, an
officer dulc authorized in the State aioresaid and in the Gounty aforesaid to take acknowledgments, personally appeared f~
CtJRTIS CLAHIC AND LOIS C];,A~C, his wife {
to m.• known to be the person s described in and who executed the foregoing instrument and they acknowledged
before me that they executed the same.
i
~~'11'NESS my hand and official seal in thy- County and Stat~• last aforesaid thu 11th day of
' A~i~rl ~ A. D. 19 ?9
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4~4t~S1'~
• _ - 1iOiARY /UIIIC STATt: of iIORID,A AT tARQE 3
• ` '79 ~Pi? I t PM 3 : 2 7 ~ ~o~?nllsstoN EJPIlf?S lJw. ~d >9s~ ~
f TfUU GfNEflAt INS. UMCERWRITBS a
CL~~~K i .'~~tJr,''t
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This Instrument Prepared By: {
%u Ilrsln/» /f»I p?rp?rrr'd hy: R. David Shuman, Jr.
.1,lJrrx~ u?wYER~ 2nd Street RP. a~pK JV~ ~"h~!2295
Fort Pierce, Fla. 33450
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