HomeMy WebLinkAbout1530 and shall perform, comply with and a61ds by each and every the agreements. sNpulalio?is. conditions and
cotenant: thereof, aced of this mortgaps, then this mortgage and the estate hsroby crsated, shall cease, de-
tsrmins and 6s null and aoid.
the nwrtgagor heroby jtuther covenants and agroes to pay promptly when dw the principol and
interest and other sums of money provided for in said note and this mortgage, or either; fo•pay all and
singular the IA CPS, assessments, Ieutes, liabilities, obligations, and encumbrances of every nature on said pro-
ps?fy; to perrrtil. commit or stiffer no waste, impni?menf or deterioration of said land or the tmprouemenb
thereon of a?ty time; to beep the buildings now or hereafter on sold land fully insured in a sum of not leu
than
in a company or rnmpaniss acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgages, rend in the event any sum of money becomes payable by virtue bf such insurance the
mortgagee shall hate the right fo receive and apply the same to the indebtedness hereby secured, nceounttng
to the mortgagor for any surplus; fo pay all rnsts, charges, and expenses, including lawyers jest and title
sea?rhes, reasonably inct?rred or paid 6y the mortgages because of the jailors of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: to perform; r»rnply with and abide 6p each and every the agreements, stipulations, conditions and
II covenants set forth in said note and this mortgage or either. In the event the mortgagor fails 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 mortgages may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f trl rate then allou~erl by the laws of the Slats of Florida.
~l any sum o/ mo?tsy herein referred fo 6e not promptly paid within fifteen days next after
fhs sums becomes dos, or if each and every the agreements, stipuhations. rnnditions and covenants of said
note and this mortgage, or either, are not fully perforated, complied with and abided 6y, then the entire
sum mentioned in said note, anti this mortgage, or the entire balance unpaid therson, :hall forthwith or
fhereajfer, of the option of the mortgagee, become rend 6e due and payable, anything in said note or herein
to the contrary notu~tthsfanding. Failure 6y the mortgagee to exercise any of the right or options herein
pr+rvided shall no! constitute a tvairsr of any rights or options under said Hole or this mortgage accrued or
thereafter accruing.
I r~M
~n ~fultSS ~he~euf, .the said mortgagor has hereunto signed and sealed these presents the
day and year first above ttritfen.
- Si reed, sealed and deliterrd in the presence oj:
r
. --l~.~z~~.------.----.----.--- - - ~....fl~
~ LAN D . KING , ~~B%
--•G~ - -
STATE OF FLORIDA,
COUNTY OF
$T . LUCIE I HEREBY CERTIFY that on this day, be[ore me, an
officer duly authorised in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
NOLAN D. KING, JR. •
to me known to be the person descrilxd in and who executed the forrgoinR imtrument and he acknowkdRed
Ixforc me that he executed the same.
WI7:tiESS my hand and official seal in the County and State last aforesaid this 31St `."'.u17~r q[ -
yA. D. 19 80 . . •
J anuar ~ ~ ~ ` ~ •
- ;i ~
. - - -
i - ~ Y
t y u 1 is - c - .
~ ~ State of Florida At=;4:,~~e. : - -
L~•.::.o My commission expires
f!LEi~ tit:'
~ 5i. LL•UC ta'x'i
i'f. i t A- -
RC)G~R p~i~fiA`.~ NOTARY /U6lIC STATE OF iLORIDA AT U11lGE
CtC:ti: Ci':L';;t °E'`~~O A+SY COtl~JV4tSS~:,~i C?VIR:S OCI 16 1993
f , „3 t, f~,`+.-' ~ - ta(.~trJt.D irM~ ,..i utrUERwR1 tER:
it
4`T'!'730 ~
"lllu IrulnulltiJ/ prrpatrJ by: SCOTT M. KENNEY
t rl~/nxs Atttiruey At Loa
~ - 515 S. INOIAII RI/EII DR. epp ti~ PAGE
~i irT. PIEOSE. fl 33450 .
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