HomeMy WebLinkAbout1881 • and shall perform, comply with and abide by each and every the agrwmenta, atipulationi, condlttort. and
covenants thereof, and o/ this morfgape, then this mortgage and fhs estate hsnby created, ahaU cease, de-
termine and 6e null and void.
end the mortgagor hereby jwther covenants and agrees to pay promptly when dw the principal and
interest and other sums of money provided jor in said note and this mortgage, or either; to pay all and
singular the ta.tses, assessments, leutes, liabilities, obligatioru, and encumbrances of every nature on said pro-
perty; to permit. commit or strjfer no waste, impairment or deterioration of said land or the improvements
thereon at any time; to keep the buildings nou? or hereafter on said land fully Insured in a sum of not less
than its i1~11 insurable value
in a company or rnmpanies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by utrtue of suck tnswance the
mortgagee shall have the right to recetue and apply the same to the indebtedness hereby secured, accounting "
to the mortgagor jor any strrpltts: to pay aII costs, charges, and expenses, including lawyer a Jess and title
searches, reasonably incttrrrd or paid by the mortgages because of the failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and ibis mortgage.
or either: to perform, comply with and abide 6y each and every the agreements. stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails 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: the mortgagee may pay the aame, without waiving or ajjecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida. -
~L arty seal of money herein releRed t0 6e not promptly paid within thirty days next of
te?
the aame becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not (ally performed, complied with and abided 6y, then the entire
sum mentioned in said note, and thia mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter. at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary rlofu~ithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not consttttlte a waiver of any rights or options under said note or Ibis mortgage accrued or
thereafter accruing.
~n ~itnCSS whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year firs) atone toritlen. -
S[gtned, Sealed alld delll~Pre i/1 the prPSPRCe Of
U E E. CABL
K M A CABLE
i
I - " - _ -
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STATE OF FLnRIDA,
coU\TY OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the Statc aforesaid and in the County aforesaid to take acknowledgments, personally appeared
BRUCE E. CABLE and KIM A CABLE
to me known to fx the person described in and who executed the foregoing instrument and they acknowledged
Ixforr me that theYexccuted the same.
WI7:VESS mg hand and official seal in the County and State last aforesaid this 5~'1 day of
~ DeC~etl~er A. D. 19 79
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