HomeMy WebLinkAbout0138 and shall perform, comply with and abide by each and every the agreements, stipulations, eondtftons and
covenants thereof, and o/ this mortgage, than this moregnge and the estate hereby created, shall nasv, de-
terntene and be null and void.
the mortgagor Newby f
uNhvr covenants and ogees to pay promptly when dw ehe principal and
interest and other sums of money provided for in raid note and this mortgage. or either; to pay ell and '
singular the taxes, assessments, levies, liabilities, obltgattons, and sncttmbr+ances of every nature on said pro-
party: to permit. commit or suffer no waste. impairment or deterlor+afion o/ sold land or fhv Improvement
thereon at any time; to peep the buildings now or herrajter on said land /idly insttred in a sum of not less
-than the principal amount due under this mortga,$e
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payabb
to, said mortgagee, and to the event any sum of money becomes poyabb by utrtue of such. insurance th•
mortgagee shall have the ?ight to receive and apply the same to the tndebtadness her+aby secured, accounting
to the mortgagor for any surplw; to pay all costs, chn?ges, and expenses, including lawyer i. fees and title
searches, reasonably incurred or paid by the mortgagee becawe o/ the /allure o/ the mortgagor to promptly
and (ally comply with the agnwments, sttpulattorts, conditions rend covenants of said note and this mortgage,
or either; to perform, comply uitth and abtd~ by each and every the agreement, sftpulations, conditions and
covenants set forth in said note and eht mortgage or either. /n the event the mortgagor /ails to 'pay when
due any tax, assessment. insurance premium or other stun of money payob[e by virtue of. said note and this
mortgage, or either, the mortgagee may pay the tame, without waiving or affecting .the option to foreclose
or any other righ! hereunder, and all such payments :hell bear Interest from date thereof at the highest law-
(ul rote then allowed by the laws of the. State of Florida.
~l any sum of money herein referred fo be not promptly paid wllhin 1§ days next after
the same becomes aice, or if each and every the agreement, sfipulntions. conditions and rnuenant of snid
note and this mortgage, o? either, are not jolly- performed, complied with •and abided by, then the enttn
sum mentioned fn said note, and this mortgage, or the entire balance unpaid thereon, shell forthwith or
thereafter, at the option of the moHgagee, become rend 6e due and payable, anything in said note or herein
tti the contrary notwithstanding. Failure by the mortgagee to exercise any of the- rights or options herein
provided shall not constifttte a u?oiver of any rights or options under said note or this mortgage accrued or
fhersnffer accruing.
i
n ~het1eof, the said mortgagor has hereunto signed and sealed these presents the
day an r first above written.
~ -
Sign s an ~ sence of
- • • - -..iV..
ester Pasapane, torneq-in- t or
G~ ' .:...Sam..L....Pasap.area.-and...Ruth~--F-.-----
Pasapane, his wife '
f STATE OF FLORIDA,
~ OF ST. LUCIE
~ I HEREBY CERTIFY that on this day, before me, an
E officer duly authorized is the Starr aforesaid and in the County aforesaid to take acktwwkdSmen4, personalty appeared
CHESTER PASAPANE, Attorney-in-Fact for SAM L. PASAPANE and RUTH
PASAPANE, his wife,
to me known to be the person described in and who e:eeuted the (orcaoins instrumrnt and he acknowkdRed
9 before me that h@ executed the same.
~ WITNESS my hand and official seal is the County and State last aforesaid this. - 1 day of
-
AL1gL18t A. D. 199, '~S`s''• , - -
~ 53984 - ~ t
qtr _7 - ~ tary Public, t~tt,~ _ of ~~''~orida
`~T9 t1.~-~ at Large. 1(ot;n,.l~~'St~tg of
# fl >o ej` My Commis sion Ex~t~>~Csloa ids at ~
St~~~~~ ~MUa f.n 1 Gy~i k 3 #
~
RfCORG ~'E4~E!~--
I7!! I,u~nriind p,rpnrra hy:
Address
J. MICHAEL BRENNAN (iYn~~ nn
715 DELAWARE AVENUE Bt1~l.. P1GE ~.JB
FORT PIERCE, FL 33450