HomeMy WebLinkAbout1363 and shall perform, comply ifiltlr uftil obide by i>rzch and every the agreements, slipalafioni, condi/ions •and
cot>e?tartls thereof, arttl of IIris mo?fgaAe, then This mfxfgage and the PsfafP hereby created, shall cease. de-
tenninP and hP null and t•oid.
Iln~ IItP morfftagor hert•by Jurt?ter covenants and agrees to poy promptly when due the principal and
internst and other sums of money provided for in sold note and this mortgage, or either; to pay all and
singular the IaCPS, assessments, let>ies, liabilities, oblfftafiorts, and enct?mbrances of every nature on said pro-
peily; to permit. commit or su11Pr no «>aslP, impairme?r! or deterioration of said land or the improvements
fherncn of a?n> time; to ltr>c>p the I,ttihlings now or hernafter on said land fully insured in a sum of not less
Phan full insurable value
in a company or companies acceptable to the mortga{tee, the policy or policies !o be held by, and payable
to, said morktaryee, and in the r>ver?t any sum of money bPrnmes payable 6y virtue of such insurance the
mortgayeP shall have Ilte rittl?f fo rc>f•Pit>P artii apply the same to the indebtedness hereby secured, accounting
to fhP mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyers fees and title
sPQrChPS, rnaSO/lably incurred or paid by the mortgagee bec'ansP of the failure of the mortgagor fo promptly
and jolly r-omply u~illt the aftreemertts, stipulations, conditions and covenants of said note and this mortgage.
or Pit?ter; to perjornt, comply u>ith nr?d abide by each and every trtP agreements, stipulattons, conditions and
c•ovPrta?tfs set forth in said note and ibis mortgage or either. In the event the mortgagor fails to pay when
due any ta.r, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or Pif?ter, rife mortgagee may pay the same. without u,niuing or affecting the option to foreclose
or any other ri~tht ?tereunder, and all such payments shall bear interest from date thereof at the highest law-
jut m!P then allow>ed by the tau>s of the SIa1P of Florida. {
any Bunt of mwu>v herein rejerrnd to be no! promptly paid within thirty days next niter
the same I,PCOmPS drte, or if each a??d every the agreements, stipulations. conditions and covenants of said
note and this morlrtagP. or either, are ?tol )ally performed, complied with and abided 6y, then the entire
sum mentioned in said mote, artd this mortgage, or the entire balance unpaid thereon, shall forthwith or
i thereafter, at the option of rite mortgagPP, ber'omP and be due and payable, anything in said note or herein -
lo the contrary nohvifhslan~linct. /=ailure by the mortgagee to e.tcerrise any of the rights or options herein
provided shall not cunsfitufP a u>aiver of any rights or options under said note or this mortgage accrued or
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IhereajlPr acrrufng.
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~n ~ltneSS ~heCeof, IhP said morlgayur has hPrPUntO signed and sealed these presents the
i day and year first above u>riffen.
Signe s led and de " >er 1 in the presence o(:
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STATE OF FLnRIDA,
j c()t'~~TY (~F ST. LUCIE
I I HEREBY CERTIFY that on this day, before me, an
offirer dul~• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeatrd
JOHN P. SVEC,
to me known to br the person described in and who executed the foregoing instrument and he acknowled4ed
before me that he executed the same.
~S"Il'`ESS my hand and official seal in the County and State last aforesaid this day of
I~ January A. D. 19 $0 ,
! _i
i
ary Public, State of Florida
~T~ vt,et.lc s~:.rt of ~u~R1~A,11 uRf~# at Large.
- ~Y carM~sslo : E' itRiS ,1pR. 30 t981 My commission expires -
.,UOf+DFp tHRU C,f v; z + 1.: ~;S 1 irt:~ R:%R 1 tERS '
• - - 4'71988
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. , l9B0 JAt~ -9 r~; 9~ 19
FILED J?hC' FECURUt 0
ROGERPOITRASA
CLERK Cti;CUiT COC ` ~
I7~u huln»nrn/ prcpnr~d by: Spencer B . Gilbert
A~lrluu P . 0 . Box 3388 4,~t~c~
Fort Pierce, Florida 33450 Cti01fJG?J P~CE~~~