HomeMy WebLinkAbout0145 • -
s
and shall perform, comply with and abide by eac~[ and every fire ngreetnents. stipulations. conditions and
covenants thereof, and of this mortgage, then Ihts mortgage and fhe estate hereby created. shall cease. de-
~e?mine and be null and twirl.
the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interes! and other sums of money provided for in said noto and this mortgage. or either: to pay all and
singular fhe taxes, assessments, levies, liabilities, obligations, and enctunbrances of every nnttue on said pro-
pe?fy; to permit. rnmmtf or suffer no waste, impairment or deterioration of said land or the improvements
1her+ecn of any time; to keep fhe buildings now or hereafter on said land fully insured in n sum of not less
than ttie full insurable value
in a company or rnmpanfes aceeptable to the mortgagee, fhe policy or poltcies to be held by, and payable
to, said mortgagee, and in the event any stun of money becomes payable by virtue of such inatuance Iite
mortgagee shall have the right to receive and apply fhe same to the indebtedness hereby secured, aceounttng
fo fhe mortgagor jar any surplus; to pay all costs, charges, and expenses, including- lawyers jeer and title
searches, reasonably incurred or paid 6y the mortgagee because of the jailtutr o/ the mortgagor to promptly
and fully comply with fhe agreements, stipulations, conditions and rnvenants of said note and this mortgage.
or either; to perform, comply with and abide by each and every the agreements. stipulations. oondifions 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 by virtue of said note and this
mortgage, or either, the mortgagee may pay fhe 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 ul mfe then allowed by fhe laws of the State of Florida.
any sum o/ money herein referred fo be not promptly paid within 15 days next after
fhe same becomes due, or ij each and every fhe agreements, stipulations. conditions and rnvenants of said
note nnd.fhis mortgage, or either, are not fully performed, rnmpked with and abided by, then fhe anti-e
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
lherenjfer. at the option of the mortgagee, become and be dtu and payable, anyfhing.in said note or herein
to the contrary .notwithstanding. Failure by the mortgagee to exercise any of fhe rights or options herein
provided shall not constitute a u+aiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
r `
~n ~he~euf, the said mortgagor has hereunto signed and sealed these presents the
day and year Jirsl above u+riffen. '
Signed, s li~[I td delivered in t resen -
'
~ ~-•t~-I1C~~---•---•-------
George ~aBarCa
~..C~3
- -----~tm1..... -_.~ct-~~~---•
Kim/LI arcs
STATE OF FLORIDA.
coc~TY OF ST. LUCIE
1 HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and iJn ~th~e County aioresaid to take acknowledgments, personally appeared
GEORGE J. LABARCA and KIM/LIABARCA, his wife
to me known to he the person Sdescribed in and who executed the foregoing instrument and they acknowledf{ed
heforr me that theyexecutea the same.
~~'I7:tiESS my hand and official seal in the County and State last aforesaid this 5.3~ day of
April A. D. i9 80. -~~:r.-._;}~S.c=~~r.;,`~?,,
•
, t
r
J~ : ~ J
190 APR 24 Ah 9' 4 6
PtOTARY PUBLIC STa.'E Cif FLO;IDA (4j'tJ;~C£
FILED AhC sECOHtiiU CO:;.. ,~si~tra .?~iu~ rz3 -~•I~~•'••...:.••••~~
ST. LUCfEE COUNTY.iLA. ~..,,:J-v ;r:a.. (,;c:..r:-.. Ic::. U;vDcRWfi1TER~ 8
R06Et2 POITRAS `
CLERK CtltCUIT ccu _
P.ECGRSVFY.•r,_l ~ p~ ' y~~ ~
I
Ti1is I,ulrri,nt~ri prrpnrc'd hy: Elsie M. O' Laughlin f~
A,/dru O' LAUGHLIN & O' LAUGHLIN
P. O. Box 3405 - 20? South Second Street
Fort Pierce, Florida (33450)