HomeMy WebLinkAbout0686 and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby crPOted, shall cease, de-
tPlminP and be null and twicl.
><in~ fhP mortgagor herrby further covPrtants and agrees to pay promptly u?hen due the principal and
interest and other stems of money provided for in said note and Ibis mortgage, or either; to pay all and
singular the taxes. assessments, levies, liabilities, obligations. and encumbronces of every nature on said pro-
perty; fo permit, commit or stiffer no u~asle, impairment or deterioration of said land or the improvements
thereon at any time; fo keep the buildings noun or herea f ter on said land fully insured in a sum of not less
than
fn n company or companies acceptable to the mortgagee, the policy or policies to be field 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such irutunnce the
mortgagee shall have the right to receive and apply the same [o the indebtedness hereby secttred, accounting
to the mortgagor for airy stuplus: to pay alI costs, cha?ges, and expenses, including lawyer's flea and title
SPQrchPS, rPaSOrtably incurred or paid by the mortgagee becYtuss o/ the jailors of the mortgagor to promptly
and fu!!y comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
l'Oi'Pltants set forth 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 -
morfgage, or either, the mortgagee may pay the same, without tuaiving or affecting the option to foreclose
or any other right hereunder, and all such payment: shall bear interest from date thereof at the highest law-
ful rate then allowed by the laws of the State of Florida.
~l any sttm of money herein referred to be not promptly paid wif~ltin 30 days next after I
the same bP('OmP3 dtte, or if each and every 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 the-mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee [o exercise any of the rights or options herein
prot'idPd shall not constitute awaiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
bn w~Lll"S ~~s ~~L~ the said mortgagor has hereunto signed and sealed these presents flee
day and year. (first aborP written.
Sig a iv in t , se cis oj_
_ Hose Gibson
STATE OF FLORIDA,
COUNTY OF St • Lucie
I HEREBY CERTIFY that on this day, beforr rne, an
officer duly authorized in tht State aforesaid and in the County aforesaid to take acknowtedgmenu, personally appeared
HOSELY GIBSON
to me• known to be the person described in and who executed the fore¢oinq instrument and he acknowkdRed
before me that he rxecuted the same. /
WITNESS my hand and official seal in the County and State• last aforesaid this / J day of
November , A. D. 19 79 .
~ i:, , _465'735 .
. , ~ ~ No ary ublic, ate o lorida
. ~ : ~ - J : _ ! „ ~ ~ ~ Large
s:.~J.rlc F~J,.~t:Fl~ ~y Commission Expires: 'y /-r
RvG~ i' i=(2iiR~
.
L. A.O'Laughlin Jr.
77„j r,~t~nu„c,,, prrpnrra by: of Laughlin & O' Laughlin
;!c%~n~ 207 South Second Street
Fort Pierce, FL 33450 BUOX~~ PACE W~