HomeMy WebLinkAbout0747 and shall perform, comply 1/?ith and abide by each and every the agreements, stipulationi, eondttiorta and
canPrlanls thereof, artd of this mortgage, then lhts mortgage and the estate hereby created, shall cease, d.-
fPrmine and 6P null and void.
end fhP morftta{tor hereby further covenants and agrees to pay promptly when due the principal and
infernsl artd olller sl/ms of money provided for fn said note and this mortgage, or either: to pay all and
singular 1hP taxes. assessments, levies, liabilities, obligations, and encumbnancea o/ every nature an said pro-
perty; fo permit. commit or sl/f
ter no waste, impairment or deleriorofion of acid land or the improvements
Ihernerl at nrty fintP: fo keep tIIP hl/ildings now or hPrnaf ter on said land fully insured in a sum of nQt less
than highest insurable value.
in a company or companies acceptable fo 1hP mortgagee, the policy or policies fo be held 6y, and payn6le
to, said morfgagPP, and in IhP el+erlt any sl/m of money becomes payable 6y virtue of such insurance the
mortgagee shall pane the right to receive and apply, the same to the indebtedness hereby secured. accounting
io tlir• r.tu:ll;uiiL•r ft)i uiij s:i:;:l:rS: is pt"Ey all avSiS, iha•2,^', ;tT.d exg-uses. ircLuding IQit,yK~~ /Pea and iii
SPQrchPS, rPQSOrIably incllrred Or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with 1hP agreements, stipulations, conditions and covenants o/ said note and this mortgage,
or Piflter; fo perform, comply u,itll and abide by each and every the agreements, stipulations, conditions and -
covPrtarlts set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgngP, or either, the morfgagPP may pny the same, without u,niving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bevy interest from da'fe fhereo) at the highest law-
ful rate then allow+ed by fhP taus of the State of Florida.
~L any sum of money herein referred fo be not promptly paid within thirty days next after
the same 1)ecomes dlle, or i f each and PI+P?y fhP agrPPMPnts, stipulations, conditions and covenants of said
ROIP and this mortgage, or Pitlter, 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 therron, shall forthwith or
thereafter, at tIIP option of fhP morfgagPP, become and 6P due and payable, anything in said note or herein
to the contrary nofu,rthstanding. Failure by the mortgagee to exercise nny of the rights or options herein
provided shall not consfifutP a waiver of any rights or options under said note or this mortgage accrued or
therna f ter accruing.
~n witness whereof, tIIP said mortgagor has hereunto signed and sealed these presents fhP
day and year firs) a1>ovP a+ritlen.
Sir 1 cC sealed and IIhPrP n the presence of : r
C~~C-~ - - - - - x~. - . - .S ~ . - ~ . ~
s S. Hot tho r
~I 1 I - ~.Lh..
ita Hollen honer
i
j _ - - - - ~ - - - - -
~ I - - _ _ - - - - - - ~ .
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i +
I
~ S"1:4TE OF FLORIDA,
cOr~TV OF St. Lucie
I HEREBY CERTIFY that on this day, betorc me, an
officer dul~~ authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
I
JAMES S. HOLLENTHONER and Ar1ITA HOLLENTHONER, his wife
j to me known to be the person 3 described in and who executed the (ore¢oing instrument and who ecJ~bwkdR}~tl .
~MiOrr rnC that they rlcecuted the same. _ ~ f
~~'ll~\ESS my hand and official seal in the County and State last aforesaid this ~ = ~aT ~ `;t -
27t'?
~ November A. D. 19 79 - ~
P-•. .
- - - - - - - -------------------------fl~.it
, •-~JEtI
FttLEO 1;N:: • ~t~. \ Potai'y PiiTiTic
aY.IUC!E - ~ •
i pECC~ 'DIY C0.4MISSIO'V EXPIRES: AP,Cti 4, 19 3
Noy ~ 21~ Pv'~q
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'17~~~ /~rtlruu~ral prrfutr~?! /,y:
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