HomeMy WebLinkAbout0829 and shall pe?jorm, comply u•ifh and abide by each and every !hs agreements. stipulationi, conditions and
rnvenanfs Ihereo/, and of This mortgage, then this mortgage and the estate hereby created, shot! cease, de- r
termine and be null and twirl.
end the mortgagor Newby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for to said note and this mortgage, or either; to pay all and
singular the tares, assessments, leuIes, liabilities, obligations, and encumbrances of every nature on said pro-
perly: to permit. commit or suffer no waste, Impairment or deterioration of said land or the improvements
therecrt at any time: to keep the buildings now or hereafter on said land fully iruured in a sum of not less
than
in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money bernmes payable by virtue of such tnstunnce the ~
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyer's jeer and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
i
or either: to perform, comply with 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 jails to pay when
due any tar, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without u,niuing or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
ful cafe then allotverl by the latr?s of the State of Florida.
any sum of money Iterei?t referred to be not promptly paid within days next of ter
the same bPCOMPS due, or i) 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 fhe option of the mortgagee, become and be due and payable, anything in said note or herein
to fhe contrary notu~ilhsfanding. I'ailtrre by the mortgagee to exercise any of fhe rights or options herein
provided shall not co?tstitrrte a waiver of any rights or options under said note or this mortgage accrued or
therea(1Pr accruing- -
~n ~itnfss fhe said mortgagor has herPtrnlo signed and sealed these presents the
day and year firs! above tvritfen.
Signed, sealed and delivPrncl in t?tP presPnt•P o(:
- ne - : ~-Fic e
;
- arses -M:---Picket-t-
f i _ _ _ ~
~ i STATE C)F FLORIDA, ~
{ ~ CO('\T1' OF St . Lucie
f j I HEREBY CERTIFY that on this day, before me, an
officer duly authorin-d in the State aforesaid and in the County aforesaid to take acknowled¢menu, personally appeared
Gene G. Pickett and Theresa M. Pickett, his wife .
~ s c3. .
I to trn• known to Ire thr perwr$ described in and who ecccuted the (orcQOrnq instrument and they • •aek y led~@` s
Ix•forr me that they executed the same- ~ Lj-v
r Q.
~~-1.1 \ESS m}• hand and oi(irial seal in the County and State last aforesaid this ~h : Qlay~
f
j November D. 19 79 = ° ° -
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~'9 ~ 4 a~ s? IVt)tARY pUtIIC STA1E (JF FlOflli)A Ai IJ?AR+?
cA15S.JN Ex?IRES OCT. 1~ 1!43
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fit. P.::.. ~ fl 3346! 800K320 PAGE ~27