HomeMy WebLinkAbout1847 - _ ~i__ .
a?td shall perform, comply with and abide by each and every the agreement:, stiptelation:, conditions and
cotenants thereof, and o/ this mortgage, then this mortgage and the estate hereby created, aholl cease, de-
te?mine and be null and void.
the mortgagor hertby further covenants and agrees to pay promptly when due the principal and
interest and other sums o/ money provided Jor in said note and this mortgage, or either: to pny all and
singular the taxes, assessments, levies, liabilities, obligation:, and encumbrances o) every Walrus on said pro-
perly; to permit, commt! or st?/fer na waste, impairment or deterioration o/ said land or the impropemenls
thereon n! any tame; fo beep the buildings noun or hereafter on snid land_ full insured in u of not less
than THREE THOUSAND FIVE HUNDRED NINETY SIX DOL SI -----04,10--------
fn acompany or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee, rind in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall hat>e the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor (or any surplus: to pay all costs, charges, and expenses. including lawyer: Jeea and title
searches, reasonably incurred or paid 6y the mortgagee because o/ the /ailtu+e o/ the mortgagor to promptly
and /ally comply with the agreements, slipulattona, conditions and covenants o/ said note and this mortgage, _
or either; to perform, .comply with and abide by each and every the agreements, sfipulnttons, conditions and
cotenants set forth in said note and this mortgage or either. In the event the mortgagor Jails to pay when
dtte any tax: assessment, insurance premium or other sum of mo?tey payable by virtue o/ said note and this
mortgage, or either, the mortgagee may puy the same, without waiving or affecting the option to foreclose
or any outer right hererender, and all s«ch payrrtents shall bear interest from date thereo/ at the highest lau~-
(ul rate then allowed by the lotus of the State of Florida.
arty srem of money herein referred t0 be not promptly paid within Jaya next after !
the same becomes dire, or iJ each and etery the agreements, stipulations. conditions and covenants of said
note and this mortgage. or either, are riot fully performed, complied with .and abided by. then the entire ii
stem mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or 4
thereof ter, at the option of the mortgagee, bernme and 6e dtte and payable, anything in safd note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any o/ the rights or options herein
prodded shall not constitute a u+aiter of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~ the said mortgagor has hereunto signed and sealed these presents the
~n witness whereof
day acrd year (first above ttritten.
sealed and deliternd in a presence of
•
Arthur-Lee ~~d e~
~ Janice M . Durden
. ~ ~ . ~ - - _ _ _ - - - ` - - -.tom
f
~ STATE OF FLORIDA, i
I COC\TY OF St. Lucie `
i I HEREBY CERTIFY that on this day, before me, an
officer duty authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared t
I t
Arthur Lee Durden and Janice M. Durden, his wife
i
E to m~• known to !x the person described in and who rxecuted the foregoing instrument and they acknowkdgcd
t before• me thatthey executed the same.
k€ NIT\ESS my hand and official seal in the County and State last aforesaid this 17 day of
{
April A. D. 19 80 ~ ~
e
.VW ~1 ~ ~ V J ~ CM~S7rv.. h ~c •rJ 1
kONDfD TFW G~t1i~ tttiS'~~~t~
Q frOlltITY.FIA.
c, :
I~ tgtFAltgli~Ul? CO .T ~ l '
7lf'1~OM ~'tFIC~_~--
•
%u l~rslnaa~~i~ pnpfm! /y: Jackie Talamine
~ ,~,%~rr_cr FirstNational Bank of Ft.Pierce
P.O. Box 970, 300 S. 6th St. , Ft. Pierce, Fla. 33450 pA
. ge~l~ PdGE