HomeMy WebLinkAbout0954 • rend shall perform, comply with and abide 6y each and every the agreements, stipulationi, conditions and
covenants therroj• and of this mortgape, then flits mortgage and Ihs estate hereby created, shall cease. de-
termine and 6e null and twirl.
1t11R11 Ihp morf{lapor herrby f
urtker 'covenants and agrees to pay promptly when due the principal and
interns! and other sums of money provided for in said note and this mortgage, or either: to prey all and
singular the tare3, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly; fo permit, commit or sttf
jer no waste, impairment or deferioratIon of said land or fhs improvements
thereon ai any time; io iteep the buildings nuw ur herrufir, u.s au.d i..~d ft:lly instued in a sum of not less
than the highest insurable value thereof -
in a~ompany or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to• said morfgdpee, and in the event arty sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the tndebtednes: hereby secured, aceounttng
to the mortgapor for any surpltu; to pay all costs, charges. and expenses, including lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee becatue of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of :aid note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements. sftpubfioru, conditions and
covenants set forth in said note and this mortgage or either. Iri the event the mortgagor/ails to pay when
due .any lax, assessment, insurance premium or other sum of money payable 6y virtue of said nota and this
mortgage, or either. Ibe mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other riph! hernttnder, and all such payments shall bear interest from date thereof at the highest law-
jul mte then allotued by the laws of the State of Florida.
)l any sttm of money herein referred fo 6e not promptly paid within 1~ days next njler
the same becomes due, or if each and every the agreements, stipulations. conditions and cove?tanfs of said
note and this mortgage, or either,. are not fully performed, complied with and abided 6y, then the entire
stun nuntioned in said note, and this mortgage, or the entire balance- unpaid thereon, shall forthwith or
thereafter. at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary rtofu?ilhslanding. Failure by the mortgagee io exercise any of the rights or options herein
provided shall not constitute a waterer of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itntSS ~~Ctof, the said mortgagor has hernttnto signed and sealed these presents the
day and year first above u•ritlen.
Sig d scaled and delit•ered in fhthe prnsence o(:
I,Tilliam E. Thol!Ipson
-
- - . - /h
- Patricia K. Thomps chi R -
f
STATE OF FLORIDA,
COL'~TY OF St. Lucie
I tiERE$Y CERTIFY that on this day, before tne• an
officer duty authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
WILLIAM E. THOMPSON and PATRICIA K. THOMPSON, his wife,
to me known to }x• the person S described in and who executed the torcgoinq instrument and they acknowledged
- belorc me that theye"ecuted the same.
~YI'1'tiESS my hand and official seal in the (:ounty and State• last aforesaid this ~ day of
August A. D. !9 79.
45446 - ; ! -
t~ . ~U;~
~.Q::- ---4 L-- J
ql9 Alin -9 Phi ~ 4 S :votary Putilic~;.~ Str~te of Fla . at Large
MY Coll?rlis ta~Q.n~ ~ ire s : 3 yl % -
fILEOANOkECONUEO ~•~tti~,,•-~,' • `'Pat:rc, c._~~ o' Rar.da tt Ltrgtt
ST.IUCIE COUNTY.fIA. ~ _
ROtiER POITRAS ~~.i;r. E°;':rs .`.'.zrh 27, 193j
CLERK CIRCUIT' CO =
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~ ~ s•sr w-_..... < s a c~..r
RECORD YERIiIED_ ~ . - . ~ ,
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THfSINSTRU`aC'~T .
This hulrnuftM prrprlrfJ b~R~~~~ K ! 1. F: E, i i i
.lddrrss FlrsT F~'~E..^.? ._~~lJ. i ,
~ _ _ _ _ s ~ 1 g~ 314 P~ 951
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