HomeMy WebLinkAbout1405 and shall perjorm, comply with and abide 6y each and every the agreements, stipulations, eondtfions and
covenants thereof, and o/ this mortgage, then this mortgage and the estate hereby created, shall cease, de•
terminej~a,~nd~ be null and void.
IZI~IL the mortgagor heraby further rnuenants and agrees to pay promptly when dw the principal and
interest and other sums o/ money provided jor in snid note and this mortgage, or either; to pay all and
singular the taxes, assessments, levies, liabilities, obligalioru, and encumbrances of every nature on said pro-
perly; fo permit. commit or strjjer no waste, impairment or deterioration of said land or the improvements
thet~ecn at any time; fo keep the buildings now or hereafter on said land fully insured Irt a sum of not less
than highest insurable value
in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, rend in the event any sum of mousy becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedneu hereby secured, accounting
to the mortgagor jor any swpltrs: 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 u~ifh the agreements, stipulations, rnndittons and covenants of said note and this mortgage,
or either: to perjorm, comply with and abide 6y each and every the agreements, aftpulations, .conditions and
covenants set Jorth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance prsmium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida:
~l any sum of money herein referred to be not promptly paid tuithin thl7Cth (30) days next after
the some becomes dtte, or i j each and every the agreements, stipulations, conditions rend covenants of said
note and this mortgage, or either, are not jolly performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid !hereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y 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
thereat ter accruing.
~n ~~uleSS ~~Ct~f, the said mortgagor has hereunto signed and sealed these presents the
day and year first ~abore tnrilten. -
$ign sealed an delir~erPd in the precenr•p ojr n
• ~~g ARZHtJR R. WHITE
i
STATE OF FLORIDA,
COL'\TY OF ST. LIJCIE
j I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmcnu, personally appeared
E
ARIHUR R. WHITE, a single adult
to me krrown to be the person .described in and who executed the fore¢oinq instrument and he acknowledged
i ,
j ~liy~t he executed the same.
my hand and official seal in the County and State last aforesaid this 15th day oI
~ .u'
r
1 - ~
.
. .
' A L~ Ci, ~
. ,wF ` .n tr ~ ry is
NOTARY PWLIC STA1E Oi ttptlQA AT IAfO~CE
NIFJ AtiF~ : C'~t J AAY COMMtSSIpN py1RES JAN. 2~ 19R?
t St.1.CCIF L ~..Vi . t I_ • iff1W Gf1~R111 INS. titlaQWRiT~ F
(ZC~~R E Gi i RR.-._
g CLE:.i` CII:CUii :"1'//fir
1
•
Tlru hu~nmf~n~ prfpnnd by: R. David Shuman, Jr.
~~/~/axf Lawyers Title Insurance Corporation
Post Office Box 3845
Fort Pierce, Florida 33450 nO~K PlGE~4O3
i.