HomeMy WebLinkAbout1322 r
{J
and shall er Orm, com f Wittt and gAlde V PaCh alld eVPr f11iN u rrru~r..ia, Sii uK:::z::a, a~
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created,-shall cease, de-
Iermine atYl.~~~ ~~Il.,altd;t~otfl.:
the mortgagor hereby ftrrfher covenants and agrees fo pay promptly when due the principal and
inleres! and other sums of money provided far in said note and this mortgage, or either; fo pay all and
singular the. fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly; fo permit, commit or suffer no waste, impairment or deterioration of said Land or the improvements
thereon of any time: to keep the buildings now or hereafter an said land fully insured in a sum of no! less
than $25,000.00 in fire and windstorm insurance.
in a company or companies acceptable to the mortgages, the policy or policies fo be held by, and payable _
to, said mortgagee, and in the event any sum o/ money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor /or any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee becatue of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; !o perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set Jorth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment.. insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, IhP mortgagee may pay the same, without rvaiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from dale thereof at the highest law-
ful rate then allowed by the taa,a of the State of Florrda. f
! ~f
Any sum of money herein referred to be not promptly paid within days next after
the same becomes due, or if each and every- the agreements, stipulations, conditions and covenants o/ said
hole and This mortgage. or either, are not ft:lly 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
thereafter, a! the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constihrte A waiver of any rights or options under said note or this mortgage accrued or
Ihereaffer accruing.
~n ~itneSS thereof, the said mortgagor has hPretrntA slQnPd And Sealed these preSPn15 the
clay and Vr'Ar ftrsl above u~riften.
Ji Signed, seal nd iverPd in the presence of : .
!~..1~.
i - _
i - _ _ - _
i
1
' STATE nF FLORIDA,
co[:ti`TY OF St . Lucie
I IiEREBY (:ERTIFY that on this day, before me, an !
oi(icer dul>• authorized in the Statr aforesaid and in the County aforesaid to takr acknowledgments, personally appeared
Reginald B. Duncan and AzzieLPiarshal, single adults
to m~• known to br the persons drscrilxd in and Nho executed the torrgoinQ instrument and they arknowkdged
before me that they executed the same.
\\'IT~ESS my hand and official seal in the County and State last aforrsaid this -~pth day of
October A. D. 19 7(~
J ;
E
e~ ~ 9 Q~ ~ 30 2- ~ 3 ? stories efl ~
My Gawaissiurr Expires lea, 2fr 19ii i
- SLLUCIEGGUNTY.iii~. r,•~,~ ~~~~/J
ROGER POITF'AS
CIERi( GFCU;T :.i.Ii"i: ~ •J_
. J~ _
'!%tc Jaslrn~nrnl ~?rr~utnd 1~~: F . A . Harris L
I 410 Orange Avenue f' .
i ~t ~h'.Ct r.,
Fort Pierce, Florida ~'"«•t=;-~•
f