HomeMy WebLinkAbout2762 and shall perform, comply with and abide by each and every the agreements, stipulations, condifto?u and
cotenants thereof, and o/ this mortgage. then this mortgage and the estate hereby created, shop cease, de-
fermine and be null and void. '
~nd the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums o/ money provided for in said note and this mortgage, or either: to pay all and -
singulnr the taxes, assessments, levies, liabilities, obligations. and encumbrances of every nnttu+e on said pro-
perly: fo permit, commit or suffer no waste, impairment or1 dete?ior+atton of said land or the improvements
Thereon of any time; to keep the buildings now or hereaftlr on said land fully insured to n sum of not less
than the principal amount due uri~ier'' this mortga~e
in a company or companies acceptable fo the mortgagee, fire paltry or polic es to be held by, and payable
to, said mortgagee, and in the event any sum of money 6eoomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor (or any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title
searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and jolly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: to perform, comply wish and abide 6y each and every the agreements, stipulations, conditions and
cotenants set forth in said note and this mortgage or either. In the event the mortgagor fails fo pay when
due any fax, assessment, insurance premium or other stun 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 tti foreclose
or any other 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.
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~l any stem of money herein referred to be not promptly paid within 15 days next after
the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of said
note and This mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee fo exercise any of the rights or options herein
prodded shall nat constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing. t
~n ~~uleSS ~hel'enf, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sealed acrd delitered in ,the presence of
- ~!la~~-z - - - - - _ - -
Dav' Allbritxor>;
haron Allbritton
STATE OF FLORIDA, ~ .
couwTY of ST . LUCIE
d I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to lake acknowledgments, personally appeared
DAVID ALLBRITTON and SHARON ALLBRITTON, his wife,
to me known to be the person S described in and who executed the foregoing instrument and they acknowkdged
before me that they executed the samt. _
N'IT`ESS my hand and official seal is the County and State last aforesaid this ~ day of
s
- April A. D. 1979.
s
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~~:.ED aND t~ECORDED ...Lzc~'`-
- - : ~ ; ~ _ Notary Public, State of Florida
at Lame .
•~i~.~a;4 My Colmnission Expires
a~9 w ~ ~ ~ ~ • 34 MoF,rr F,:'_" ~t:.:c of Florin 1 ~ .
' „at ~ Gt I9g
~ ' y t~,r.• •,:s.,~ c;~~res April 24..1983 3
%7iis Lrs/nnncsl pr< porgy
d by: ~ ` .
AJJnu nn(r~,''J - - -
J. MICHAEL BRENNAN 84Gx JU l QACE~~V~,
715 DELAWARE AVENUE
EOf=T RERCE, FL' 33x50
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N - ~`.:n'