HomeMy WebLinkAbout0413 and shall perform, comply with and abide 6y each and every th• agreements, stipulations. rnnditions and
rnaenants thereof, and of this mortgagor, then this mortgage and the estate herby coated, shall cease, de-
tprminw and 6. null and void.
Il~ thw mortgagor hereby further covenants and agrees fo pay promptly when due the principal and
interest and other sums o/ money provided for in said note and this mortgage, or either: fo pay all and
singular the taxes, assessments, levies, lto6iltfies, obligations, and encumbronces of every nature on sntd pro-
perly: to permit, commit or suffer no waste, impairment or defsrtorotion o/ said land or the Improvements '
thereon of any time; !o ~eorp the buildings now or hereafter on said land fully iruured to a sum of not lsu
than
in n company or companies acceptable fo the mortgagee, fhw polfcyr or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such truurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay all rnsts, charges. and expenses. including lawyeis fees and tilt
searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply wish the agreements, stipulations, conditions and rnvenanfs of said note and this mortgage.
or either; to perform, comply with and abide by each and every the agreements. stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fait to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of :aid note and this
mortgage, or either, the mortgagee may pay the some, without tuatutng or of
f
acting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date ihe?eof at the highest law-
ful rate then allowed by the lows of the State o/ Florida.
any stem of money herein rest
erred fo be not promptly paid within 15 days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and rnvenants of said
note and this mortgage, or either, are not /ully performed, complied with and abided 6y, then !ha entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, 6ernme and be due and payable, anything in said note or herein
~ to the contrary notwithstanding. Failure 6y the mortgagee fo exercise any of the rights or option: herein
provided shall not constitute n waiver of any rights or options under said notes or this mortgage accrued or
Ihereaf ter accruing.
~n ~~tneSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year f irsf above written.
Sign ,sealed an oared in the presence of
Y
f
STATE OF: ~3.ORIDA,~
CAG'.'~ITY of ~3t. Lucie ~
e , „ I HEREBY CERTIFY that on this day, txtore me, an
officer aialy -;ellWritsrd in •t6e •State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
.:'s .
i) 1 :-1 ~ Y, itol~ert W. ,D~tron and Kathy Damron, his wife
'~'to• rttF knoi~m: to be th4 ,person 8 described in and who rxecuted the [oregoinq instrument and they acknowledged i
~ p~f8t~ th~r - .,h tj~i~,ted the same.
_ - :W)iT~1tES8. ~f: hand and otiicial seal in the County and State last aforesaid this 23rd day of
' .~~WC A. D. 19 ~9
_ ,
woTnar t~fc sr~~ of f~ofltt>v? ~T t~ [
` tlcr ea+eMfsslorv tavius ~uw. za f9ti2 `
I 3~ `£o 1?S~~ ilOtdD~ED 1HW GBdEMt It~S. tA+IDEitMlltltplS
11t~~~ t
I~Ra<
i;ECL`R~ YEtilFl£0---
~#56133
%is h~s~rnmr•nt rr• ~rfA h ~ ~ -~-e~ " .
:1,G~rcu P ~ y Florida Bank at Fort Pierce
SO1 Orange Ave. nK~~~
Ft. Pierce, Florida 33450 80~f( PAGE f
I
t