HomeMy WebLinkAbout1192 and shall perform, rnmply with and abide 6y each rend every fhe agreements, stipulations, conditions and
cvvenants thereof, and o/ this mortgage, then thi: mortgage and the estate hereby created, shall eewe, de-
termine and 6e null and void.
n1~ thy mortgagor hereby further covenants and agrees to pay promptly when dw the prtndpal and
interest rend other sums of money provided fo? in said note and this mortgage, or either: to pay all and
singular the taxes, assessments, levies. ltabiltttes, obligations, and enctunbrances of every nature on said pro-
perty: to permit, commit or suffer no waste. impairment or detertor+ation of said land or the improvements
thereon at any time; to deep fhe buildings now or hereafter on said land juUy insured in a stun of not !eu
than SEVENTEEN THOUSAND FOUR HUNDRED NINE DOLLARS 60/100-------------
in acompany or companies acceptabb to fhe mortgagee, the policy or policies to 6e held by, and payable
- to, said mortgagee, and in tlii event any stun of money 6ernmes payable 6y virtw of such lruuranc~ the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. nccountirrg
to the mortgagor for any surplus: to pay all costs. charges. and expenses. including lawyer i fees and title
searches. reasonably tncttrred or paid 6y the mortgagee because of the failure of fhe mortgagor to promptly
and jolly rnmply with fhe agreements, stipulations, eondittons and covenanb of said note and this mortgage.
or either; to perform. comply with and abide by each and every the agreement. stipulations, conditions and
cvvenants set forth in said note rend this mortgage or either. In the event the mortgagor fait to prey when
due any tax. asseaament, insurance premium or other stun of money payable 6y 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, rend all such payments shall bear interest from date thereof at the highest Inw-
~ul rote then allowed by the laws of the Stale of Florida. -
~l any sum of money herein ref
erred to be not promptly paid within .days next after
the same becomes due, or if each and every fhe agreements. sefpulatiotu, rnndttions and covenants of said
note and this mortgage, or either, are not jolly performed. complied with;~and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid therron, shall forthwith or
thereafter, nt the option of the mortgagee, become and be due and payable, anything fn said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights ar options herein
provided shall not constitute a waiver of any rights or options tutder said note or this mortgage accrued or
thereafter accruing.
~R ~he~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year )imt above written.
Signed, sealed and delivered in the presence of : D SO B S Inc
.
..i. -~F--- - !
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~ STATE OF FLORIDA, ~ t
couNTY of St. Lucie
~ I HEREBY CERTIFY that on this day, before me, an
of[icer duly authorised in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Dawson Brothers Inc.
to me known to be the person described in and who executed the foregoing instrument and acknowledsed
"t
before met Shat executed _
~ ~
WITNESS my band and official seal in the County and State last aforesaid this 4 day o[
May A. D. 19 79
t I
S
FIltO A~iG f+! CUfit}ED ~ ~ ~ ~ .
3L 1IiCfE CDU.~IT Y. rr I A. ~AR1' /IALK STATE a a~ AT hkGE
~cT t; +e+r oo~tttnston, o~nis vtX. r t~ai? -
a~~~= tOR~O T1~1/ GENfRAI INS -
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i iVVf~ra~ ~.r'.':~-.. V~
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7/icf Lu~raartn! preflOKll by: Jackie Talamine ''((,,pp
A,/~/,~ First Natiolal Bank o f Fort Pierce B001(Wv PAGE 1192
P.O. Box 970, 300 S. 6th St. , Fort Pierce, Fla. 33450
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