HomeMy WebLinkAbout1089 and shall perlorin. comply with and abide 6y eoch and every the ogreemenb, sttpulaNoris, cortdttiorts and
covenants thereo/. and of this mortgope, then flits mortgage and the estate hereby created, shall cells., de- 1
termtne and be gull and void. -
the mortgagor Newby further rownartes rend agues to pay promptly when due the principal and
interest and other sums o/ money provided for In sold note and this mortgage. or either; to pay all and
atngulor the lazes. assessments. levies, liabililtes, obbgafionr, and encumbrances of every nature on sold pro-
perty; to permit, rnmmtf or su(/er no waste. impairment or deferior~atton o/ sold land or the improwmenb
!hereon nt any time; to 4eep the buildings now or hereafter on said land fully insured in a sum o/ not less
than HIGHEST INSURABLE VALUE
to n company or companies acceptable to 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 by virtue o/ such Insurance the
mortgagee shall have the right to receive and apply the same to the tnde6tedness hereby secured. accounting
to the mortgagor for any stuplw: to prey all cosh, chnrgei, and expenses. Including lawyers f
see and Htle
searches, reasonably incurred or paid by the mortgagee because of the (allure o/ the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants o/ said note and this mortgage.
a either; to per/o?m. comply with and abide by each and awry-the agreements, dipuldlons, aonditioru and
covenants set forth in anid note and this mortgage or either. !n the rt~ent the mortgagor jails to prey when
due any tax, assessment, insurance premium or other sum of money payable by virtue o/ said note and thL
mortgage. or either, the mortgagee may prey the snore, without waiving or nj/.ding the option to /orecbse
or any other right hereunder, and all such paymenb shnU bear interest from date ther+wf at the highest Inw- ~
lul rate then allowed by the laws o/ the State of Florida. I
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~l any sum of money hewin re/erred !o be not promptly paid within -30- days next alter
the same bernmes due. or ij each and every the ngreementa, stipulations, conditions and rnwnantt of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the enttr+e balance unpaid thereon, shall forthwith or
fherealies, at the option o/ the mortgagee, become and be due rend payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the sighs or options herein
provided shall not constitute a waiver o/ any rights or options under said note or thL mortgage accrued or
thereafter accruing. `
~n ~h~tof, the said mortgagor hat hereunto signed and sealed these presents the
- r_-. r,__. _r__-_ .nvTe Tc w nsTr_nnu t+rnDTr_er•_F eNn_ T_HF FTNAT. PAYME T
,~R THE B LANCE~~DUE ~TPON MATURITY~ISuINyTgELAPPROXIMATEvAMOUNT $ 13,567.28, TOG THER
zTH ACC UB~g ,Ts~~d ~~it,g, ~?~I~,r~s~it~e opV NCEMENTS MADE BY THE MORTGAGEE UNDE
~~ffj } T E T~RM OF THIS 0 TGAGE.
((jj -e r-i c ~ - -nK ri'•-• L.S.
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STATE OF 1FE®~Ax 0 H I 0
COUNTY OF Cuyahoga
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforeuid and in the County a[oresaid to take acknowkd6ments. personally appeared
FREDERICK B. KING and RUTH E. KING, his wife
to me known to be the perwn S descn-bed in and who esecuted the foreaoin~ instrument and they acknowkdsed
before me that t h e yesecuted the same.
WITNESS my hand and official teal in the County and State last aforesaid this twenty-seventh day o[
December _ A, D. lg 79. }
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r-•= -o•tary.- uli'Iic•---..-My---Commis-s-iori---•--
` ,~4'''~?~'-• Expires:
,~a-~s~`~::; ~ = 6iy Cor~~,nt~~i;,a Exi;;;as laly 15, 1y81
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•;y.~'r_ 1980 JAN 8 Ay 9' 08
Y ~ ~-r-,i~,~r~~~ • FILED ~IiD RE OitDfO
l< - ST.LUCIE CO~Y.FLA.
ROGER P ITRAS
- CLERK CtRCUIt C~JUR ~
RECORD YFRIFiED_- .
l This Instrumrnt pap~oad by: ~R ~
EGOK 323 PAGE~~
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