HomeMy WebLinkAbout2299 and shall perform, compl~ d,tt(t and a6id~' liy each and every the agreements, stipulation's, conditions and
covenants fltereof. artd of 11tis mart{tape, Ihert this mortpape and the estate hereby created, shall cease, d@-
• trfrttirtp itrtil IF<~ Ftttll z,tcl SY,l:I.
Ififin~ the mortgagor hereby f urlher covenants and agrees fo pay promptly when due the principal and
inleresl and other sums of money provided for in said note and Ihis mortgage, or either; to pay all and
singular the taxes, assessments, Ieuies, liabilities, obliltafions, and encumbrances of every nature on said pro-
perty: fo permit. commit or suffer no waste, impairment or deterioration of said land or the improvements
thern/'n nt any lime; !o deep the buildings noto or Iternaf
ter on said [and fully insured in a sum of not Lest
than or highest insurable value.
in a company or companies acceptable fo the mortgagee, the policy or policies !o be held by, and payable
to.. said mort{tagee. and in the euerrt ally sr+m of money becomes payable by virltre of such insurance the
mortgagee shall have flee ripl+t to r+~[•eiue and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: fo pay aII costs, charges, and expenses, including lawyer's fees and title
searches, rnasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and fully /-amply tuifh the agreements, stipt+lafions, conditions and covenants of said note and this mortgage.
or eif?ter: fo perform, /•ontply +uitlt and abide by each an<I every the agreements, stipulations, conditions and
covenants set forth in said' note and this morfgape 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 no[e and This
mortgage, or e~fher, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or nay other right hernunder, and all such payments shall bear interest from date thereof of the highest hiw-
fuI cafe then allau+e/l by the [n+vs of the State of Florida.
~l cuty sum of money herein referred to be not promptly paid within 90 days next after
I the same 1?eromes due, or if each and wcery the agreements. stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed. complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of tl+e mortgagee, become and be due and payable, anything in-said note or herein
to the rontrnrr r+otu~itl+stanrlir+p. /'allure 6y the mortgagee to exercise any of the rights or options herein
providrKl shall not ronstih+te n waiver of any riryhls or options under said note or this mortgage accrued or
thereof ter arcn+ing.
~n witness thereof, the said mortgagor has hereunto signed and sealed these presents the
slay Ofld pear ~i rct ah01'e 11•?It1P+1.
S/grl 1, SPale11 a+l(l rlel re(1 I the presence O .
f f
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H R. BLANKENBAKER SR.
~
_ _ _ _ _ _ - - _ - - -1 ~i~-'-. -~--~~,.~r.--._.. -.tom
~ ~ - ~LLIE L. BLANKENBAKER
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Sl:aTE OF FLORIDA,
cc)F-~TV c)F ST. LUCIE
I I HEREBY CERTIFY that on this day, before me, an
I
{ oftirrr dut}• authorirrd in the Statr aforesaid and in the Counh• aioresaid to take acknowledgments, personally appeared
HUGH R. BLANKENBAKER, SR. and NELLIE L. BLANKENBAKER, his wife
i to m.• known to F,r• thr• plvson 3 descriFxd in and who executed the foregoing instrument and they acknowledged
I,eton• the that they executed the same.
i
~y17 \F,SS m~• hand and official seal in thr (:ounty and Stat~• last aforesaid this 13t. day of I
November D. F979
Notary Public
j MY COI~4IISSION EXPIRES
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