HomeMy WebLinkAbout1313 and shall perform, comply with and abide by each-and every= tlttt* agreements, :ttpulationi, eonrlitions and
covenants thereof, and of this mortpape, then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and troid.
the mortgagor hereby further covenants and agrees !o pay promptly when dw the principal and
interest and other sums of money provided for In said note and flits mortgage, or either: fo pay all and
singular the lazes, ossessmenis, leutes, liabilities, obligations, and encumbrances of every nature on aaid pro-
perty; fo permit, commit or suffer no waste, impairmen! or deferiorofton of aaid land or the Improvements
thPrecn of a?ty time: to keep the buildings now or he?eafler on said land f??lly Insured in a sum of not less
than highest insurable value
in' a company or companies acceptable to the mortgagee, the poltty or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such Insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all costs, cha?ges, and expenses, including lawyer's fees and title
searches, reaso?tably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said Hole and this mortgage,
or either: fo perform, comply u?ith 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 the mortgagor fails to pay when
due any tax, assessme?tt, insurance premium or other sum of money payable by virtue of said Hole and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right herPtrnder, and all such payments shall bear interest from date thereof at the highest law-
ful rate then allatued by the latas of fhP State of Florida. '
)f arty setm of money herein relPrred fo be not promptly paid within 10 days next of ter
the same hPfamP3 due, or if each and every the agreements, stipulations. conditions and rnuenants of said
. note and this mortgage. or Pifher, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of the option of the mortgagee. 6ecome~and be due and payable, anything in said note or herein
- to the contrary rtotu~ifhstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not co?tstitttfe a waiver of any rights or options under said~notP or This mortgage acc?ued or
thereafter accnring.
~n ~itntSS ~het'eof, 1hP said mortgagor has hereunto signed and sealed these presents the
day and year first alwve tnriften.
Signed. sealer! and dPlirerPd in the presence of : / .~'j
ANNfI`CEIAZffi~5-..--- .
i
!
f I
i ~
STATE OF FLORIDA,
CnU`TY ()F St. Lucie
I HEREBY CERTIFY that on this :lay, before me, an
officer dulq authorized in thr State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
t l
J. R. CHAMBERS and ANNECHAMBERS, his wife,
' to me known to be the person 3 described in and who executed the foregoing instrument and they acknowledged
i
lx(ore mr that they executed the same.
1~'17~\F.SS my hand and official seal in the (:aunty and Stat~• last aforesaid this 12th day of i
March D. I9 80.
.
NOTARY PUBLIC ?
- ~ l9~0 NAP? 14 33
rr?t>~otr?~ ~u
F{ C RKC PEGOtt;;tli
ST~UCIE CCUNTY.FIA. ~fy~rMf11MU1PMtlistLrMM
ROGER POITR:•5 1IAyt~Miep Elplna,~tpnsl~liel ;
CLERK C1RCtltT CtfiiRTn ~ l;_.. ;
~I RirytnYi:atf•!iC---~-~.----- _ _ •,r~
~ ~ ~ i
~ -}i.
-
:7 -
Ilni I~ulrruilf?II p>rp~t,r'd hy:
n~idnu ~ 6iio c7~ PecE1~~