HomeMy WebLinkAbout2172 an(l shall prr(ornt, (-amply with and abide by each and PNPry fhe agreements, stipulation's, conditions and
covenants tlle?eof, arld of this mortgage, then this mortgage and the eatate hereby created, shall cease, d.-
fermine and be null and void.
lfilNi (lug mortgagor hPmby further covenants and agrees to pay promptly when due fhs principal and
i?rteresf artd otllPr sllnts of nlonry provided for in :aid note and this mortgage, or either; to pay nil and
singular the fares, assessments, l1•vies, liabilities, obligaliorts, and encumbrances o) every nature on said pro-
perly: to permit. comnlil or sllf ter rlo waste, impairment or deteriorolion o/ said land or the improvements
lherrcn of any time: to !trap the buildings now or hereafter on said land fully Insured. in a sum of not less
than FULL INSUREABLE VALUE
in a 1•onlfxtrly or compa?tirs accrpfuble fo the mortgagee, the policy or policies fo be held by, and payable
to, said morlgagPP. and in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall hove the right to receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for a?ly surplus: to pay all costs, charges, and expenses, including lawyers fees and tills
sea?c11PS, rraso?Inl,ly irlctlrrPd or paid by the mortgagee because of Ills foilttre o/ the mortgagor to promptly
and fully (•omply u~ifll the agrePnlrrlts, stipulations. conditions and covenants of said Hole and this mortgage.
or eifller; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covPna?t1s set forth in said note and this mortgage or either. ?n the event the mortgagor /ails to pay when
due any tats, assessment. insurance premium or other sum of money payable 6y virtue of said note and fhia
mortgage, or either, the mortgagee may pay the same, without waiving or aJ/acting the option to /oreclose
or any ofllPr right IIerP11?Ider, artd all such payments shall bear interest from date thereof at the highest lnw-
f t/l rate turn allolved by the tau/s o/ the State o/ Florida. ~ -
arty stem of mo?IPy herein referred to he not promptly paid within Thirty(30) days next offer
fhP same bPCOmPS due. or if each and rl>Pry the agreements, stipulations. conditions and covenants of said
note and this mortgage. or Pitllrr, are not fully performed, complied with and abided 6y. then the entire
sum mentiorlyd in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter. of the option of the morlgagPP. become and be due and payable, anything in said note or herein
to fhP contrary nohvifhstanding. Failure by the mortgagee to exercise any of the rights or options herein
proridPd shall not constitute a u~aivrr of any rights or options under said note or this mortgage acrnled or
thereof ter accnlintt. ;
- ~ ~n ~itneSS ~heCeof, t?11• said morktactor !lac Ilerrunto signed and Sealed Ihese presents the
11 (lay a!Id Vrar first al)OI'P 11•rlffPrl-
1 SIg11rd SPaIP(1 1?1(1 11'PICd Ifl fhr prPS1'IICI• Of
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ELIZ ETH R. BROTHERS
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STATE OF FLORIDA, i
a Cc)l'\TY (tF ST. LUCIE 1
I HEREBY CERTIFY that on this day, before me, an
officer duh~ authoriTCd in the .Starr aiorrsaid and in the County aforesaid to take acknowledgments, personally appeared
! KENNETH J. BROTHERS and ELIZABETH R. BROTHERS, his wife
to m.• known to Fx• the person S described in and who executed the foregoing instrument and they acknowledged
~ I)eton- me that they executed the same. Q
Wll:~iESS my hand and official seal in the County and State last aforesaid this V ~ day of
June , :1. D. 19 79 .
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Notary Public
I My CoTi~ission Expires:
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%Ilc ITIS/I1I/llfltl prrparft/ by: ARIF PARUPIA
At/ilr(ss LAWYERS TITLE tNS. CORD 6GRF ~1O PA~t 170
4999 S. U. S. 1
Pert St. Lucie, Florida 33452