HomeMy WebLinkAbout2579 and shall perform, comply with and abide 6y each and every the agreements, stipulalio?is, conditions and
covenants thereof, n?td of Ihts mortgnpe, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and void.
end the mortgagor hereby Jurfher covenants and agrees to pay promptly when due fhs principal and
interest and other sums of money provided Jar trt said note and this mortgage, or either: to pay all and
singular the faxes, assessments, levies, Iinbilities, obligations, and encumbrances of every nnttutis on said pro-
perty; to permit. commit or sitJJer no u~asfe, impairment or deterioration of said land or the improvements
lherecn at nrty time: to keep the buildings now or hereafter on said land fully insured in a sum of not less
than highest insurable value
in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and to the et~enf any sum of money becomes payable by vt?tue of such insurance the
mortgngee shall have the right to MCPIVP nrtd apply the same to the indebtedness hereby secured, accounting
to the mortgagor Jor any surplus; fo pay all costs, charges, and expenses, including lawyers Jees and title
searches. ?easortably incrr?red or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and Jtrlly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; fo perform. comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set Jorlh in said note and this mortgage or either. In the event the mortgagor Jails to pay when
due any tax. assessment, insurance premium or other sum of -money payable by virtue of said note and this
mortgage, or eiflter, the mortgagee may pny the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Iaw-
f ul rate then allowed by the laws of the State of Florida.
1 _:1._ _nJ .:/L:n tha r}v :labs r!°x! a~ttr
any sum of money herein referred ics ~:L: . _ .
the same becomes due, or iJ each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, ur either, are not fully per/ormed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, er the entire balance unpaid thereon, shall forthwith or
thereafter, nt the option of the mortgagee, become and 6e due and payable, anything in snid note or herein
to the contrary : ~tu~fthsfanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a u~ainer of any rights or options. under said Hole or this mortgage accrued or
thereafter acrnring.
~n witness whereof, the said murlgayor has hereunto signed and sealed these presents the
~ day and year first above u~riNen.
$fgned, sealed and rlelie~errcl in the presence of
R . GLENN NEELY
.-..D~.-LL`s. fM- - a--_z...~~..=s'Q - -
,
f ~ - - -
i
STAT£ OF FLORIDA,
COC~TY OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
"""'~r.,, R . GLENN NEELY
',``t(~~~}l.Iinpw~ to'•he the prrsan described in and who executed the foregoing instrument and he acknowledged
`i
I~efolrc.,,lne that executed the same.
~~'iI;~SS m4 hand and official seal in the (;ounty and Statc last aforesaid this ILSt11 day of
f.OC~Qb~•:~ ~ A. D. l9 79
_ - ~ .
• ,
' Notary Ii late of Florida at G
~ 19T9 QCT 19 P~' 3~ 17
t~ coatntisfiort expires July 8,1983
F LEG RkC^•EC~r;;.,, 1~>dod wbh Lsv~ryars Surety ~orp~
ROGER i'QETRAS -
~ CLERK C!R^UIT CO/CRT
1 Rc'CtlRlt ~'rr~c~Fl U~-~
~ -
463209 -
l71u I?wrr~»rc»~ prcparrJ by: R. GLENN NEELY c~ ~r
1309 Bay shore Dr. ao~KJ~~ PACE~i /3
~ Anrd,rxr
~ Ft. Pierce, Fla. 33+50