HomeMy WebLinkAbout2853 and shall perform, comply with and abide by each and every the agreements, stipulationi, conditions and
covenants thereof, and of this morlgape, then this mortgage and the .estate heroby created, ahaU cease, d~-
lermtne and he null an~I void.
the mortgagor hereby further couertants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this moHgage, or either; to pay all and
singular the fares. assessments, levies, liabilities. obligations, and encumbrances of every nature on sold pro•
early: fo permit, commit or suf
fpr no waste. impairntenf or delerio?afion of said land or the improvements
ther+pcn at arty time: to keep the buildings now or hereafter on sold Iand .fully insured in n sum of not leu
than highest insurable value.
in a company or rnmpanies acceptable to the mortgagee, the policy or poltciee to be held by, and payable
to, sold mortgagee, and in the event any sum of money becomes payable by virtue of such instuYt?tce the
mortgagee shall bane the right fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: fo pay alI cost:, charges, and expenses, including lauryera fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and rnvenants of said note acid this mortgage.
or either: to perform, comply with and abide by each and every the agreements, sttpuiattons, conditions and
cot+enanls set forth to said note and this mortgage or either. In the event the mortgagor fails to pay when '
due any fax, 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 waiving o? affecting the option to foreclose
or any other right hereunder. and all arch payments shall bear interest from date thereof at the highest law-
(trI rote then allowed by the tau?s of the State of Florida. '
~1 any sum of money herein referred to be not promptly paid within thirty days next after
the some becomes due, or if each and every the agreements. stipulations, rnnditions and covenants of said
note and this mortgage, or either, are not f uUy 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, of the option of the mortgagee. become and be due and payable, anythiag in said note or herein
fo the con(rory nolu?ifhslanding. 1'ailtrre by the mortgagee to exercise any of the rights or options herein
proriderl shall not conslifufe a umiver of any rights or options under said note or this mortgage accrued or
(hereafter scenting.
r lire said mort{tayor hss hereunto signed and sealed these presents the
~n witness thereof !
day and year lint sfrar~e a~ritfen.
Signed, sealed and delivemd 'n the presence of
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_ - AV D D . BARNES
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rn 1~: ~,6~'~ aF FLORIDA,
.~,`~F ~ OF St. Lucie I HEREBY CERTIFY that on this day, before me, an i
fin ,?01 -
.officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
David D. Barnes and Christine J. Barnes, his wife
to me known to be the persorg described in and who executed the (oregoinR instrument and Who acknowkd~ed
hetorc me that they executed the same. `
i
NI7:~ESS my hand and ot[icial seal in the County and Stair last atoreuid this. 26th day o[ E
November A. D. 19 79 3
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NOTA~tY ~C~UBLYC
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