HomeMy WebLinkAbout1191 i
and shall perform, comply with and abide by each and every the agreements. sttpulnttoni, condtltolts and
covenants thereof, a?td of this mortgage, then this mortgage and the estate hereby created, shall cease. ds-
fermine and be null and twirl. s
s
the mortgagor hereby 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, levies, liabilities, obligatio?ts, and encumbrances of every nattue on Bald pro-
perty: to permit, commit or silt
ter no waste, impairment or deterioration of said land or the improvements
1hPrecn at any limp; fo keep the buildings now or hereafter on said land fully instu~ed in a sum of not leas ~
than maximum insurable valu~
in n company or companies al•ceptable to t e mortgagee, the policy or policies to be held 6y, and payable ~
fo, snid mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any slupltls; fo pay all costs, charges, and expenses, including lawyer i fees and title !
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions n?td rnvenants of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covPnarlts 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 6y virtue of said note and this ,
mortgage, or either, 1hP mortgagee may pay the same, without waiving 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-
flll MfP then QIIOII~ed bV fhP 1a11?a Of fhP SratP Of Florida. e
l` any sum of money herein referred fo be not promptly paid withinthl.rty(30) day: next after
1
the same becomes dt1P, or if each and eVPry 1hP agrPPMPntS, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire #
sum mentioned in snid note, and this mortgage, or the entire balance unpaid 1hPreon, shall forthwith or
thereafter. at the option of the mortgagee, become and be due and payable, anything in snid note 3r herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
pr+orided shall not cunsfilule n waiver aI ony rights or oplia?ts under said note or this mortgage accrued or ~
thereafter accruing. - ;
f
~n ~ttneSS ~h~Of, the said mortgagor {Ills {tPfPllntO signed and sealed these presents the
~at•' alt({ VPar lirsf ab01•e IPIItt PII.
SlgflPd, spa led slid dPlll~ered In the preSPI1CP Of:
DOU S L
MA B. GILBERT
- -
k
STATE OF FLnRIDA,
~ cc~c`TY OF ST. LUCIE
I IiEREBY CERTIFY that on this day, beiorc me, an
otiicer dul~• authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared '
A. DOUGLAS GILBERT and MARTHA B. GIBLERT, his wife
to mr known to be thr prrsor~ described in and who exrcuted the torrgoinq instrument and they acknowledged
s ~ Ix•fon• me that they exrcuted the same.
t ~ a
~CI7 HESS my hand and official seal in the County and Stair last aforesaid this 30th day of
ivov~wber D. t9 79. - ~
.
Z.- : Yt~: _ y .
!
fIlEO sN• QED - -
st. Lt,C~i` ~ otary Publi e. ~ a
Ct.E t~- - . - ;u at Large. :y±°~'s:~
RECai` My Commission Exp1IC • s- "
j E!ottry -
a
~ i DEC 3 3 53 PM f.1y ct»~s: tiri ao. ~s. I98
e_c..! !r wa.±wi i t:t'sekr C•>*.qe/
~ `
t' , ~~Q~
~i
i
r
%%rrt lullnruu-nl Fn f?rlni/ /?y:
. This instrument was prepared 6y Bt1f,K PAGE j„i~ ~ .
• Chester B. Griffin ,124-A No. 2nd Si }
r_~ n:____ rf_