HomeMy WebLinkAbout2395 and shall perform, comply with and abide by each and elrery the agreements, stipulations, conditions and ~
covenonts thereof, and of this mortgage, then this mortgage and the estata hereby created, shall cease, de- }
ferminP and be ?udl and lroid. ~
7L~ the mortgagor hen+by f u?fher covenants and agrees to pay promptly when due the principal and
interes! nerd of?ter sums aJ nlortey provided for in said note and this mortgage, or either; fo pay all and
singular I?te fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; to permit. commit or suffer no waste, impairment or deterioration of said land or the improvements -
fherPC-rt n1 any limp; to IrPep rite blcildirlgs rtou? or Itereafler on said land fully insured in a sum of not less
than full insurable value.
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
!a, said mortgagee, nerd in the et~Pnf any seem of martey becomes payable 6y lrirtlre of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, ncrnunting
fo the mortgagor for any surplus; to pay all costs, charges, and expenses. including lawyer's fees and tills
searches, reasonably incurred or paid 6y the mortgagee because o) the failure of the mortgagor to promptly
and fully comply tcrith fhP ag?eemPrtts, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply llriflt 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 fails to pay when
due any lax, assessment. insurance premium or Other sum of money payable 6y virtue of said note and Ibis
mortgage. or eil?ter. the mortgagee may pay the same, without waiving or affecting the option to foreclose
or anv other ri~lhf hereunder, nerd all such paymentsLShall bear interest from date thereof at the highest law-
flll rate lllen allolcrlYl 1>V file Inters Of 111P Stale Of 1-lorida.
Di any sum of money herein referred to be not promptly paid within 3U days next after
the same bPCOmes due, or if each and Pvery the agreements, stipulations. conditions and covenants of said
note and this morlyacfe. or either, are riot fully performed, complied with and abided by. then the entire
sum mentioned in said ?tote. and this mortgage. or Ih a entire balance unpaid thereon, strait forthwith or
thereafter, of the opliwt of the mortgagee, become and 6e due and payable, anything in said note or herein
fo the contrary notwithstanding. 1=ailurP by the mortgagee to exercise any of the rights or options herein
provided shall not COnSffllrfP a IOAIhPr of any rights or options under said note or this mortgage accrued or
fhereafler accruing.
~n witness whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first Whore u•riflen.
Signed. sealed and r1PliverPr~hP prnsc~ncP of
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~ Gr gol^ D. latt
t 1 Lt L. - - -
esl i e A'. Fl att
i
i ~
i - _ _ _ _ _ _ _ - - -
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~ M STATE OF FLORID:,
I ; cc~c~TY c~F ST. LUCIE
f I HEREBY CERTIFY that on this day, before me, an
officer dulq authorized in the State aforesaid and m the Count~• atoresaid to take acknowkd¢mrnts, personally appeared.
GREGORY D. FLATT and LESLIE J. FLATT, his wife
to me known to F>r- the persoc6 described in and who er:ecuted the tore¢oin¢ instrument and they acknowledged
before mr that they executed the same. a
1~'IT\ESS rm hand and official seal in the County and State last aforesaid this V day of
I November n. 19 79 . . ~ _
~
e:
_ TARY PUBLIC
.,,-3 ~ -6 ~ 2- " y Commi ssion Expires : ~
~ ROGER f GIT~~S.
45046
=
This Instrument Prepared by
%ri~ Lf_Ur~raa-~t1 /l/r~u/r'c/ l+Y~ Mallory L. Johnson, Attorney at l.aw
tic/c/rc.cc 30o N. Florida Ave. ~ nn
P. O. Box 956 s~,'~~3~.•~ PaGF~~3
Stuart. Florida 33494