HomeMy WebLinkAbout0173 And :hAll perform, comply with and abide by each and every the agreements, afipulafioni, conditions and
covenants Thereof, and of this mortgage, then tll~s mortgage and the estate hereby created, shall cease, de-
termine and be null and void.
end the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and oilier sums of money provided jot in said Hole and this mortgage, or either; to pay all and
singular the taxes. assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty: to permit. commit or stet
fps no waste, impairment or deterioration of said land or the improvements
therw~n of any limp: fo keep the buildings now or hereof
ter on said land fully insured to a sum of not less
Than
in a rontpnny or companies acceptable to Ihp mortgagee, the policy or policies !o be held 6y, and payable
to, said 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 .ame fo the Indebtedness hereby secured, amounting
to the mortgagor for any sttrpltrs; to pay all costs, charges, and expenses, including lawyer's fees and tttle
searches, reasonably irtctrrrerl or paid 6y fhp mortgagee because of the failure of the mortgagor to promptly
and fully comply u~ilh the agrepmertts, stipulations, co?tditioru and cotK+nanfa of said note and this mortgage,
or eillrer; 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 fha mortgagor fails to pay when
due any tax, assessment, insrrrancp premium or other sum of money payable 6y virtue of said note and this
mortgage, or either. Ihp mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hpMtrrtder, and oll such payments shall bear interest from date thereof at the highest law-
ful mle then allow>ed 6y Ihp faros of the State of Florida.
~ ~f arty stem of morteN herein referred to be not promptly paid within days next after
fhp same becomes drip, or if each and pt+pry flee agreements, stipulations. conditions and covenants of said
note artd this morfgA~le, or either, are riot fully performed, complied with and abider) 6y, then the entire
stem mrntionerl in swirl stole, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter. at fhp option of the mortgagee, become and be due and payable, anything in said note or herein
to Ihp conlmry nofu+ithslanding. Failure by the mortgagee to exercise any of the rights or options herein
proriderl shall not constiHtte n u+aiver of any rights or options under said note or this mortgage accrued or
Iherno(fer Accruing.
~n ~itnfas thereof, Ihr> caul mortgagor liAS hererrnlo signed and spa led These presents the
} day And vest first Al?orr> a+rilirn.
i •
~ Signed. se Ir>rl mrd delivered in• Ihp presrau•r> o(:
f~ -
•
•
STATE OF FLORIDA, i
i COl'\TY OF LUCIE `
I HEREBY CERTIFl' that on this day, before me, sn
officer dul.• authorised in the Statc aforesaid and in the Counq• afon•said io take acknowledgments, personally appeued
Jdm B . Lyllr~>< arld Sidra P . Lyman , his wife
to m.• known to Ix• the persons drscritxd in and who executed the foregoing instrument and they ackrtovrkdged
I
IK•for+ mr that they executed the same. _ .
1
~~•Il HESS m}• hand and official seal in th+• County and Stau• last aforesaid this 3lst dpy Qf, -
• ~E°CeII)ber A. D. 19 79. ~ ~
' - _ ~ ~l
c
N(rTARY PUBLIC ~ + ~ .
X919 DEC 31 P~~ 2~ 13
~ r~ ax~ssloN ~zRES
FIlEO RNb Pi~or•u: G -
ST. LUGE COUIf T Y. FL A.
~ ROGER pOtTRAS
CLEftI( GRCUIi COUR
f.ECOPa vEalcr^ _
' 1 i ~ •~M~a i S'; • • ,
4'71202
i NOTr?t?h1llK StaTE Ot iIORIOa •t IIRGt
~ O~IfIfS OCT .71910 ~
Ilyt (#r~/V 11~ tJnOERWRIt'EtS
7%is Lulnrstnlt prrpnrr•d hy:
4I .IJJ.r_c, Route 4, Box 109 ElrJlf~~C P4CE ',~3
Ft. Pierce, Fla. 33450