HomeMy WebLinkAbout0034 and shall perform, comply u~ifh and abide 6y each an~ every the agreements, slfpulafions, conditions and 't
rnvpnants thereof, and of Ibis mortgage, then this mortgage and the estate he.e6y created, shall cease, de-
lermine and be null and twirl.
~nd the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
inlernst and other sums of money provided for to said note and this mortgage, or either, to pay all and ~
singular the fares, assessments, levies, liabilities. obligations, and encumbrances of enery nature on said pro-
perty: fo permit, commit or strf
jar no u~asfe, impairment or deterioration of Bald land or the improvements
!barren at any time: to {reap the buildings now or herrajfer on said land fully insured in a sum of not lets 1
than Mortgagee's full insurable interest; fire, extended coverage & o her
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable p tits
to, said mortyagee, and in the event any sum of money becomes payable by virtue of such insurance the {
mortgagee shall have the right Io receive and apply the same to the indebtedness hereby secured, accounting
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to the moHgagor for any surplus: to pay all costs, charges, and expenses, including lawyer's fees and tills
searches, rcasortably incurred or paid by the mortgagee because of the fnilttre of the mortgagor [o promptly
and folly comply urifh the agreemerts, stipulations, conditions and covenants of said note and this mortgage, f
or eif{ter: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and ?
covenants sat forth in said note and this mortgage or either. In the event the mortgagor jails !o pay when
due any tax, assessment. insurance premium or outer strm of money payable 6y virtue of said note and this
mortgage, or sit{ter, the mortgagee may pay the same, ~ without waiving or affecting the option to foreclose
or any outer right hereunder. and all srrrh poyments shall bear interest from dote thereof at the highest law-
f al rate `than allott>ed by the laws of the Slate of Florida.
~l arty sum of moray Itareirt re/erred to be no! rom tl aid within des s next a ter
p gyp ten y f
the same becomes due, or if each and cr~ery the agreements, stipulations. conditions and covenants of said t
note and this mortgafta, or either, are noJ fully performed. complied with and abided 6y, then the entire {
sum mentioned ir: said mote, 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 nofu~tihstandiny. Failures by the mortgagee fo exercise any of the rights or opttoru herein t
provided shall not constitute o waiver of nay rights or options under said sofa or this mortgage accrued or
Iherca f far accruing.
~n fitness thereof, the said mortgayor has hPlPIInfO Slgncd and sealed these presents the
day and year first above tvrilfen.
Signs ,scaled and delivered in !hc presence of
Kenneth E. Whisper
I ~ ~ Rose T. Whisper
_ . . . . . .f~~ - -
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STATE OF FLORIDA,
ccc~tiTY OF St . Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
{ Kenneth E. Whisper and Rose T. Whisper, his wife
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to me known to be the persons described in and who executed the foregoing instrument and they acknowkdged
Ixfore me thatthey executed the same.
~~il~\ESS my hand and official seal in the County and State• last aforesaid this 21st day of
November 4 n f9 79
46`312 ,
'r N testy Public : 8/~C~~/
F,~::~ My Commission Expires
C:.Cn' CiF~' ~ N
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• - `jG ~f: Willis Mall a~~KJ~1 PdCE
Security & Investment Corp.
P.O. Box 14473
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