HomeMy WebLinkAbout1195 and shall perJorn?, comply uritll antl abide 6y each and every the agreements, stipulation's, conditions and
covenants thereof, and of this mortpape, then this mortpage and the estate hereby created, shall cease, de-
termine antl be null and void. }
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i~nd•fhe martpapor hernby Jurlher covenants and agrees fo pay promptly when due file p?incipal and _
infernsf and other sums of money provided Jor in said note and this mortgage, or eUher: fo pay all and
singular the lases, assessments, lelrlPS, liabilities, obligations, and encumbrances of every nature on said pro-
perly: fo permit. commit or suffer no toasfP, impairment or deterioration of said land or the improvements r
Ihern(~?1 al any IimP;
than
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in a company or companies acceptable to the mortga or policies fo be held by, and payable i
fo, said morlpagPP, and in !hP Pv o money becomes payable by virtue of such Insurance the
morfgapPe a rig 11 fo rPC•Pive and apply the same to the indebtedness hereby secured, accounting
, to pay all costs, charges, and expenses, including lawyer's Jees and lttle
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searches, reasonably incurred or paid by 1hP morfgapee because of the failure of the mortgagor to promptly
and fully comply u~ifh I?le aprPentP?Ifs, sfiptrlations, conditions and covenants of said note and this mortgage,
or either: fo pPrJorm, (-omply tvifh and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor Jails fo pay when
due any fax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgape, or either, the morfpa{fPP may pay the same, without waiving or affecting the option fo foreclose
or any other riphf hernunder, and all such payments shall bear interest from date thereof at the highes! law-
ful role 1hPn alloured by fhP lalvs of the State of Florida.
~l any sam of mom~y herein rP(Prrnd fo be not promptly paid within 3~ days next of ter
fhP same bPCOmPS due, or i f eorh and every 1hP apreements. stipulations, conditions and covenants of said
note and this mortga~fe, or PitI1Pr, are not fully perform Pd, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or flee entire balance unpaid thereon, shall forthwith or
thereafter, of the option of I?IP morfpapPe, become and 6e due and payable, anything in said note or herein
to the contrary nohuifhstan(?ing. Failure by I?le morlgapPe to exercise any of the rights or options herein
provid(Kl shall not consfilulP a IraivPr of any rights or options under said note or this mortgage accrued or
fhereoffer accruing.
~n witness thereof, IhP sai(1 mortcfngor ?Ia5 hPrn1111f0 signed and Sealed f11PSP presents the
day and yr~ar first Whore IvriffPn.
Signed, sealed and (?P?ivered ire 1hP pmsencr of :
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E ~ STATE OF Ft.ORIDA,
~ ~ c(~c~•rv c)F ST. LUCIE ~
€ ~ 1 HEREBY CERTIFY that on this day, before me, an
4 officer duly authorized in the State aforesaid and in thr County afonesaid to take acknowledgments, personally appeared
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( GERALU S . JAMF;S
' to' rtre: known to Ire the p•rson described in and who rsecuted the foregoing instrument and he arknowledRed
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,,..beforr.iae;•lhat he executed the same.
~ NiT~ESS my hand and official seal in the Count}- and State last aforesaid this 24th day of
t~ A. D. 19 79
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Notary Public, State of Fla. at Large
My Commission Expires : a - 7 -
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PHIS INSTRUMF!VT PF.EPARcp BY
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