HomeMy WebLinkAbout2729 and shall perform, rnmply with and abide by each and every the agreements, stfpulatioris, c+ondttions and
eonenants thereaj, and of this mortgppe, then this mortgage and the estate ~e~jl~ta~, de_
termine]~a,~nd~ 6e null and void.
111[ii the mortgagor Newby jtufher covenants and agrees to pay promptly when due the pr+itictpal and
interest and other sums o/ money provided for in said note and this mortgoge, or either; to pay all and
singular the faxes. assessments, levies, liabtlitie:. obligations, and encumbronces of every nature on said pro-
perty; to permit, rnmmif or suffer no~ waste, tmpnirmeni or deterioration of said land or the improvements
thenecn of any time: fo keep the buildings now or herea/ter on said land fully insured in a sum of not leas
titan----____---full insurable value--------------------------------------------
in acompany or companies acceptable to the mortgagee, the policy w poltci~ 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 hate the right to receive and apply the snore to the indebtedness hereby secured, aceounttng
to 'the mortgagor for any aurpltts; to pay all costs, charges. and expenses, including lawyer's fee: and title
searches, reasonably inctured or paid by the mortgagee becawe of the failure 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, comply with 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 jails 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 mortgagee may pay the snore, without watuing or affecting the option to jor+eclost
or any other right hereunder, and all such payntenls shall bear interest from date thereof at the highest law-
ful mtej then allowed by the laws of the State of Florida.
7~ any sum of money herein referred to be not promptly paid within THIRTY days next ejter
the same becomes due, or ij each and every the agreements, stipulations, conditions and eouenants of said
note and this mortgage, or either, are not fully pe?jonned, rnmplied with and abided by; then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notu+ithslanding. Failure by the mortgagee. to exercise any of the rights or options herein
provided shall not constitute a wniuer of any rights or options under said note or this mortgage accrued or
thereoffer accruing.
~n ~itntSS ~Ihereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above u+ritlen,
Signed, sealed and dRlit+Pred ,n the res ice of
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~ TERESA DUANE
1
STATE OF FLORIDA, )
cou~TY of ST . LUCIE i
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the. County aforesaid to tiler acknowledgmenu, personally appearrd
GREGORY DUANE and TERESA DUANE, his wife
to me known to be the person S described in and who executed the foregoing instrument and they acknowtedsed
before me that they executed the same.
1Y17NESS my hand and of/icial seal in the County and State last aforesaid this 31St day of
March A. D. i9 $0,
4 ~!~'tO9 MY Commission Expires August 12~ p~
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