HomeMy WebLinkAbout2001
- - - - - - - Y - - -
and shall pe?jorm, cotrtply with and a/iid• by eacl~ and .every the agreements, stipubtton.. conditions and
rorertant thereof. and of tht mortgage. then this tnortgape and the estate here(ty created.:haR cease, de-
termine and 1» null and void.
the mortgagor hereby further covenants and apses to par promptly whets dw site princlpnl and
interest and other stuns of money provided for to sold note and tht mortgage, or either: to pay aU and
singular the taxes, assessments, levies, llabtlitie,, obligations. and encumbr+artcw of every nalur+e on said pro-
perfy: to penntt, commit or su//er no uraate, tmpattrmertt or deterloralion of sold land or tit. tmprowmenls
thereon at any time; to deep the buildings now or hereafter on said Innd jolly instu+ed in o sum of not less
than
in n company or rnmpaniea acceptable to the mortgagee. the policy or policies Io be held 6y, and pnyabb
to, said mortgagee. and in the event any stun of money becomes payable 6y virtue bj such instwance the
mortgagee shall have the right to receive and apply the same to the Indebtedness hereby secured, aotaotu?tinp
to fits mortgagor for any surpltu: to pay ail cost, charges, and expenses, including lawyer i fees and title
searches, reasonably tnctured or paid by the mortgagee 6ecnwe of the failure o/ the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and covenants of said note and thts mortgage.
or either; to perform. comply with and abide by each and every the agreement. sttpulatlortr. conditions and
covenant set forth in said note and tht mortgage or either: In the event tits mortgagor jails to pay when
due any tax. assessment. insurance premitun ar other sum of money payable by virtue of sold note and tht
mortgage. or either, the mortgages may pay the same. without waiving or affecting the option to jorecbse
or any other right hereunder, and all such payment shall bear Interest from date thereof at the highest law-
juI rate then allowed by the lases of the State of Florida.
~i any sum of money herein referred to 6e not promptly paid within thirty days next a/ter
tits same becomes due, or ij each and every the agreement. stipulations, rnnditions and covenants of said
note and this rrtorlgage. or etcher, are not jolly 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
thenaf
ter, at the option of the mortgagee, become and be due and payable, anything in said note or heretrt
to the contrary nottatthstandtng. Failure 6p the mortgagee to exercise any of the right or options herein
provided shall not consltittte a waiver of any rights or options under said note or tht mortgage acaued or
thereafter accruing.
~n ~Di~~ the said mortgagor has hereunto signed and sealed these presents the
day and year just above u+riffen.
Signed, sealed and delivered in~,th/eprn~sence/oj:
p
.~~~~-~~Q~.A~-
STATE OF FLORIDA,
coun•TY of St .Lucie
I HEREBY CERTIFY that on this day, before me, t?n
officer duly authorized in the State aforesaid and in the County aforesaid to tape acknowledgments, personally appeared
ARTHUR CLARENCE SPELLS and DEBORAH ANN SPELLS, his wife,
to me known to be the prrson described in and who executed the foregoing instrument and
they acknowledged
before me that they a:ccuted the same.
WITNESS my hand and official seal in the County and State tut aforesaid this 31st day of
August A_ D. i9 79
NOTARY PtTBLIC, ATE OF FLORIDA
1319 Sri 3 ~ ~ s AT LARGE
s !l ANCN:'itt MY COMMISSION EXPIRES:
RECOR01~/E~tEt - ~ ' Q
f , 'f
.45'7 ~ = a Y-,,~y,.
'fliu Ilwrrlmcn/ pnprrrrd by: - - - _
Addtrss BeR t- k~
p, 0. Box 3230 aO~~IK 3~ey
~ Fort c ~:3, Ftoriao PaGE~~