HomeMy WebLinkAbout1315 and shall perform, comply with and abide 6y arch and every the agreements, stipubttoni, conditions and ~
covenants 1hPreof, and of this mortgage, then this mortgage and the estate hereby created, shall eecue, de-
termine and be null and void.
i
nlllii Ilse mortgagor herby fwther rnvenanls and agrees to pry promptly when dw the principal and
Interest and other sums of money provided for in said note and this mortgage, or etther: to pry all and ~
singular the faxes, assessments, levies, liabilities, o6ligatit~ns, and encumbrances of every nature on said pro-
perty: to permit. commit or suffer no waste, Impairmen! or deterioration of said land or the improvements
lhPrecn at arsy time: to deep the buildings now or hereafter on said land fully insured in a sum of not less
than FULL INSUREABLE VALUE
irs a company or compa?sies acceptable fo 1he mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such Insurance the
moHgagee shall have the right to receive and apply the same to the indebtedness hereby sPCUred, accounting
!o the mortgagor for any stupltts: !o pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably inch?red or paid by the mortgagee because of the failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and rnvenanis of said note and this mortgage,
or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenurtls set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tar, assessment, insurmsce premium or other sum of money payable 6y virtue of said Hole and this
mortgage, or either, the mortgagee may pay the same. without waiving or affecting the option fo foreclose
or any other right heretrrtder, and all such payments shall bear interest from date thereof at the highest law-
ful rAle then allOlvefl bV the totes Of the SIatP Of Florida.
arsy sum of money herein referred to be not promptly paid within Thirty(30) day: next after
the same I)ecOnleS due, or if each and every the agreements, stipulations. conditions and covenants of said
note .and this montage, or either, are not fully performed, complied wish and abided 6y, then the entire
sum mentioned in said note: and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of fhP option of the mortgagee. become and be due and payable, anything in said no{e or herein r
fo the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under swirl note or this mortgage accrued or
thereafter accruing.
~n witness thereof, flee said morlgayar has Ireretrnto signed and sealed these presents the
day mtd year first above tvriNen.
Signed. sealed and delivernd in the prnsence of
r
_ ARVINE PORTER
' .
E _ - . . .
I
I
f I STATE (>F FLORIDA,
cc)t~xTY c~F ST. LUCIE ~ •
I }}EREBY CERTIFY that on this day, before me, an
officer duly authorind in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Q ARVINE PORTER
to me known to hr the p~•rson described in and who executed the foregoing instrument and he ackrwwkdged
treforr me that he executed the same. ~
'~~'IT\ESS my hand and official seal in the County and State last aforesaid this 14th day of
September, A- D- 19 79.
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. ......c7-~G. ry
Nota Public
f ..rr..:
My Comm4ission Expires
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FILED •UED S.•~C
NDIALY rUpIC SfAtf Of fIORIOn AI LMG ST-! ~y~!; 'lA. U ~
/rh CDMMISStO'~1 E7PIRE'S ~ t 1911 E„
' I f~MUCO~}lr?t IRIS lMOERWRlrERc R CLc:.• ;~R ? _ ~ _
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OEC ~ I ~ 52 A!~ ~9 ~ ,
499 • -
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I rlil>r_ts LAWYERS TITLE INS. CARP 800K 321 PdGE j.~~4
~ 9999 5. U. S. 1