HomeMy WebLinkAbout1625 and shall perform, comply with and abide 6y each and sv.ry tits agroemenfs, stipulations, conditions and
eovenanb thereof, and of this morfgaps, then lhls mortgage and the estate heroby croated, shall cease, de-
termine and 6e null and void.
the mortgagor Newby jwfher rnvennnfs and agrees to pay promptly when due the principal and
interrsi and other stuns of money provided foe in said note and thin mortgage. or either; to pay all and
singular the taxes, asses:meats, levies, ltnbiliftt7, obligations, and enetrmbrances of vuery nature on said pro-
perty: to petryrttl, rnmmif or suffer no waste, impairment or deterioration o) said land or the tmprovemenb
fherrcn of any time; fo keep the buildings now or hereafter on avid land fully fissured to a sum of not leas
than MAXIMUM INSURABLE VALUE
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, acid mortgagee, and in the event any sum of money becomes payable by virtue of such tnaurance the
mortgagee shall have the right to receive and apply the same fo the Indebtedness hereby secured, accounting
to the mortgagor for any surpltu; to pay all costs. charges, and expenses, including lawyeri fees and title
searches, reasonably inctured or paid 6y the mortgagee because of the (allure of the mortgagor to promptly
and fully comply with the agreements, afipulations, conditions and covenants of said note and thls mortgage,
or either: to perform, comply with and abide by each and every the ngreementa. stipulations. conditions and
covenants set forth in said note and this mortgage or either, In the event the mortgagor )sib to pay when
due any tax, assessment, instu~ance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or a(/ecting the option to lorecloae
or any other right hereunder, and all such paymenfr shall bear interest from date thereof at the highest law-
f uI rate then nllou~ed by the laws of the State of Florida.
7` any sum of money herein referred !o be not promptly paid within thirty days next alter
the acme becomes due, or iJ each and every the agreements, stipulations, rnndifions and covenants of said
note and this morfgnge, or either, are not fully performed, complied with and abided 6y, then fire 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 nottuilhsfanding. Failure by the wtortgagee fo exercise any of the rights or options herein
provided shall not rnnsfifrtte a waiver of any rights or options under said note or this mortgage accrued or
thereof ter accruing.
~n ~itntSS whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first alwve written.
Signed, sea and liv i f presence. of
C.
C i ~rd Barnes
-fie~~-..--~--- - - Q~
E
I
:
STATE OF FLORIDA, t
COUNTY of ST . LUC IE
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
CLIFFORD BARNES
to me_ known to be the person described in and who executed the foregoing instrument and he acknowkd~ed
Ixiore me that he executed the ume.
A
WIT::ESS my hand and official seal in the County and State last a resa~d this ~ •`,`~~5~!!'~~,
~ ' 7 .
May, A. D. 19 8t). ~ r' 3.9~r,~ .
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Y
ary Pu is Stat a~CF `~~i~
at Large. ~ ~3_
My Commission Expiret3~'yyc.
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S ROt,ER p01TRASA rI~LK NA>T Ot HORIt)A`~T~f:G
tX.ERIt CIRCUIT CotlRVT MY C~+1MI55lOH E~DIRES At/G . ?6 198p
O ~ ~ T~ GENER/LL NrS . UN[)ERyygT~
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I%u Luinntutti papnrr~! by:
3311 ~~1616
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