HomeMy WebLinkAbout0386 and shall perfarm, t~rnpiy with and abide by ea:.h~a.-td et=ery the ~raetrtenfs, sttpuluti~stis, conditions and -
conenants thereof, and of Ihts mortgage, then tht mortgage and fhs estate hereby created, shall cease, de-
termine and 6e null and twirl.
the mortgagor henrhy further covenant: and agrees to pny prompfly when due the principal and
Interest and other sums of money provided for in said note and fhi, mortgage, or either; to pay all and
singular the taxes, assessments. levies, Ilahilittes, obligations, and enctun6rances of every nntttre on said pro-
perly; fo permit, commit or sttf
jer no waste. impairment or deterioration of said land or the improvement
lhetrcn at n»y time; fo leeep the buildings now or hereafter on said land fully i?utued in a sum of not Less
than
in a company o? companies acceptable !o the 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
mortgagee shall hats the right to receive and apply the same to the indebtedness hereby secured, accounting i
to the mortgagor (or any surpltu; to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the jaihu+e of the mortgagor to prompfly
and fully rnmply with the agreements, sfipulatioru, conditions and covenants of said note and this mortgage. !
or either; fo perform, comply with and abide 6y each and every the agreement, stipulations, oondiftons and
covenants set forth in said note and tht mortgage or either. In the event the mortgagor fait to pay when
due any_ fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or of
jecttng the option' to jorec(o:e
or any other right hereunder, and all such payments shall bear interest from date Ihereoj at the highest lnw-
(ul mte Then allowed by the laws of the State of Florida.
any sum of money herein referred to be not promptly paid within 15 days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and rnuenants of said
note and this mortgage, or either, are no! fully performed, wmplied with and abided by. then the entire
sum mentioned in said note, and this mortgage, or the entire bn[nnce unpaid thereon, shall fortltwifh or
thereof ter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
fo 1he contrary nofu+ilhsfanding. Failttre 6y the mortgagee fo eacercfse any of the rights or options herein
provided shall not cansfidtfe a waiver of any rights or options under said note or this mortgage accrued or
fhereafiPr accruing.
~n ~itnCSS thereof, the said mortgagor has herettnfo signed and sealed these presents the
day and year first shove a+riffen.
SIg/IPd, sealed A?Id dPlll~PlPd 1!1 the pIPSPnCe Of
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i
I
1 -
STATE OF FLORIDA,
C1)l'\TY OF
ST. LUCIE I HEREBY CERTIFY that on this day, before me, an E
officer duly authorized in the Stair a(orcsaid and in the County a(on•said to take acknowledgments, personally appeared
JACK L. WEBB
to mr known to br the person described in and who executed the fore¢oinq instrument and he acknowledged
I+ciorr mr that he executed the same.
~~'1T\ESS my hand and official seal in the County and Stair last aforesaid this r' ~ ..~7.9f
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J-- - D. 198° t: .i,?
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FI4ED A6t: P:CCRi+t_U _ ~ Y(? fit,; ~ ,
~ ST.LUC`E COUNTY. Flla..
ROGER POITRAS
Ct.ERf(CIRCUIT COU T
RFCORt1 YFRIFIFD..
4`7~
!liu hcrlriunfi~ prr'pnrr'rl hy: Robert A. Van Natta, Attorney at Law
ArfJ?rxs 3575 South Indian River Drive, Ft~. eP~ierce,tF~lorida.
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