HomeMy WebLinkAbout1540 and shall perform, comply wttit and abide 6y each and every the ogreements, sttpulatioria, conditions and
cotenants thereof, and of tha mortgage, then this mortgogs and !hs estate hereby created, shall cease, d.-
fermine and be null and twirl.
the mortgagor hereby further eownants and agrees to pay promptly when dw the principal and
interest and other sums of money provided for in said note and thin mortgage, or either: to pay all and
singular the taxes. assessments, levies. 1ia61liftes, obltgafiona, and encumbr+atnces of every Wotan on said pro-
pe?ty: to permit, commit or suffer no waste. impairment or deteriorotton of said land or the intprowmenb
IhPrwcn a! any time: to 4PSp the buildings now or hereafter on said Land /ally insured in a sum of not less
than FULL INSURABLE VALUB
to a company or rnmpantes acceptable to the mortgagee, the policy or policies !o be held 6y, and payable
to, sold mortgagee, and in the event any sum o/ money 6ernmea payable by virtue of such inaurana the
mortgagee shall have the right t0 receive and apply the same fo 1ha tndebtedneu hereby secured. accounting
to the mortgagor for any surplus: to pay all rnata, charges, and expenses. including lawyer i fees -and tftb
searches, reasonably incurred or paid 6y the mortgagee because of the f
sitar of the mortgagor to promptly
and (ally comply with the agreements, sttpulattons, eortdtfions and covenants of said note and this mortgage,
or either: to perform, rnmply with and abide 6y each and every the agr+eemenb, sttpulntioru, 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, irtsttronce premium or other sum of money payable by vtrtw of raid note and this
mortgage, or either. the mortgagee mny pry the same. without. waiving or nffecftng the option to jorecbse
or any other right herPUnder, and all such payments shall bear interest from date thereof at the highest law-
f
ul rate then allowed by the laws of the State of Florida.
1` any sum of money herein referred f0 be not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, sfipulaNons. rnndttions and eovenanb of anid
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in snid note, and Ihis mortgage, or the entire .balance unpaid thereon. shall forthwith or
thereafter, nt the option of the mortgagee, become and' 6e dtte and payable. anything in anid note ar herein
to the c~ontrory notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under snid nofe~or this mortgage accrued or
thP.Paf IPr accruing. `
~n ~t~~SS ~~~f, the said mortgagor has hPrPUntO signed and sealed these presents the
clay arc{ year ~irsf shone u~rilfPn.
SPa~d and dP Pd In 1hP PrPSPrICP Of
1 ~
= JACK; WEBB, Trustee
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STATE OF FLORIDA.
E co~~rY c~F ST. LUCIE
. I HEREBY CERTIFY that on this day, txtore tae. as
ottirer duly authorized in the State aforesaid and in the County aforesaid to take acktawkdgments, personally appearrd
JACK L. WEBB Trustee, for Jack L. Webb -Pension Trust
to me known to be the person deuribed in and who executed the (orcgoinq instrument and he acknowledged
before me that he executed the ume.
N'I7'!\ESS my hand and officio) seal in the County and State last aforesaid this ~ day ~
rll A. D. 19 $0
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cur t/uett a sT~~e a aotaora ~r' ~ Gam'"-
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CCOJ.rTY
fi~1. ~Y C~~SIOn EwIRQ per, y _ .
ROG£fZ POItRAS tt~ ~Rsit WS. O-J~
' BLERK CIRCUIT CAU i I y?'-
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s Rf~~11J ~'E?;fiFtl~~..~ ~~'~t' _ .
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"!'liu Ilulrul!/f/t/ plrpnlrJ by: Jack L. Webb
1109 Coral Reef Dr. , Port St. Lucie, Florida.
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SOS JcKJ pi~GE~~~