HomeMy WebLinkAbout2959 and shall perform, /'Omply with and abide 6y each and l~ery the agreeme?Ita, sdpulatio?is, eondiltons and
cavena?Its lhereoJ. and of this morfgape, then this mortgage and fhe estate hereby created, shall cease, d~-
fermine and 6P null and void.
1hP mortgagor lle?/~by jurlher cove?ta?Ifs and agrees to pay promptly when due fhe principal and
interest and other sums of money provided jar in said note and this mortgage, or either; to pay all and
singular fhe faxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly; to perntif. commit or stljjer ?lo u~asfP, impairment or deterioration of said land or the improvements
IhPrncn of any time: ro Iteep 1hP buildings now or herPajter on said land fully insured in a sum of not less
than
in a company or compa?lie•s acceptable to IhP mortgagee, the policy or policies to be held 6y, and payable
to, said moNpa~IPe. and in 1hP PvPrlt any sl/m of money becomes payable 6y virtue of auclt insurance the
mortgagee shall have fhe right to receive and apply fhe same to fhe indebtedness hereby secured, accounting
fo fhe mortgagor for any st/rpltls: to txly all costs. charges, and expenses, including lawyers fees and title
searches. reasonably irlcllrred or paid by fhe mortgagee because of the failure of fhe mortgagor to promptly
and frilly comply with t11P agrPPmertts, stipt?lafions. conditions and rnvenanls of said note and this mortgage,
or Pilller: fo perform, comply u?it11 and abide by each and every the agreements, stipulations, rnndifions and
covenants set forth in said note and this mortgage or either. In the Puent the mortgagor jails to pay when
due mly fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or PifI1Pr, tI1P mortgafee may pay the same, without waiving or affecting the option to foreclose
or nrly oilier right heretln?ler, and all such paymentsLShnll bear interest from date fherrof at fhe highest Iaw-
(Ill rate lllPn allallrE!d bV tI1P lallrs Of the `'rate Of 1'lorida.
DL any sum of money herein referred fo bP not promptly paid within 30 dnys next after
llle same becomes due. or if each acid every the agreements, stipulations. conditions and couenants 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 fhe option of t11P mortgagee. become and 6e due and pnynble, anything in said note or herein
to the contrary nolluifhstanciing. Failure by fhe mortgagee fo exercise any of fhe rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
(hereafter accruing.
~n ~~uleSS thereof, rile said mortga,?for has Ilere//nto signed and sealed these presents fhe
daV an(I Vear f/rst abODP 1/~rltfP/1.
Signed, Sealed and delll~ered In the preSPgcP Of.
-
- . - - ...E . - E. BASS
~ I - - -
.BASS
i
St
1
STATE OF FLORIDA, )
I COC\TY OF St . Lucie i
I HEREBY CERTIFY that on this day, before me, an
officer duh• authorized in the State- aforesaid and in the County aforesaid to take acknowledgments, personally appeared
ELMER E. BASS and HAZEL L. BASS, his wife
to mi• known to !x• the person 8 described in and who executed the foregoing instrument and they acknowledged
Ix~fore me that theq executed the same.
K'11~:~ESS my hand and official seal in the (:aunty and State• last aforesaid this 4tb. day of
June A. D. 19 79 a 4:`- ;
NOTARY K16L:C STATf OF RORID Y+~`
wt tc.,:.,.iSS~uN EXPtR;S AMY.~{~')19$L ~'z.`~- -
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9T9'~L: 3' Notary~P blic ~ - _
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1`~CG~R.QG! 5 MY COMMISSION EXPIRES:. ~s'''• ~l~
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~"s j"~~""""~ p'fP"~`~ ~'y' Abst ract b Tit lQ Corporation
~`j`~"~u Ft . Pierce, Florida 0 R
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