HomeMy WebLinkAbout0547 and shall perform, comply u+ith and abide by each and et+ery fhP agreements, afipulafioni, rnndifions and
.covenants IherPOf, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and twirl.
the mortgagor hereby further covenants and agrees to pay prompfly when due the principal and
interest attd other sums of money provided for to said note and this mortgage, w either: to pay al! and
singular the faxPa, assessments, levies. liabilities, obligations, and encumbrances of every nnfttre on said pro-
perty; to permit. commit or auf
jer no waste, impairment or deterioration of :aid land w the improvements
therPCrt at any time: to beep the btttldtngs now or hereafter on said land fully insured in a sum of not leas
than $36,000.00.
in a company or companies acceptable fo IhP mortgagee, the policy or policies to be held by, and payable
fo, said mortgagee, and in the even! any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to rPCP1UP and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any sttrpltts; to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the jailtue of the mortgagor to prompfly
and fully comply u?ith the agreemP?t1s, slipttbtions, conditions and covenants of said note and this mortgage,
or either; to perform, comply with attd abide by each and every the agreements, stipulations, conditions and
cot+Pnanls set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insttrortce premium or other sum of money payable by virtue of said Hole and thi:
mortgage, or eiflter, the mortgagee may pay the same. without waiving or affecting the option to foreclose
or any other right herPttnder, and all such payments shall bear interest from date thereof of the highest law-
jttl rate then. allott+ed by the tau+s of the State of Florida.
any sum of mwtev herein reFerred to be not prompfly paid within _30_ Jaya next niter
the same becomes due, or ij each and et+ery the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully perfonrted, 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
thereajfer, at the option of the mortgagee, become and be due and payable, anything in said torte or herein
to the rnntrary nofu'ifhstanding. failure by the mortgagee to exercise any of the rights or options herein
prat+idecl shall not cortstitttfe a u+all'Pr Of any rights or options tinder said note or this mortgage accrued or
fhereajft'r accruing.
~n witness whereof, IhP said mortgagor has hereunto signed and sealed these presents the
day and year first shore a+rilfen.
Si ned, s sled and delirere in fhP pr ice
_ ROB T A. COYNE ~
HAZEL COYNE
I
f
STATE OF FLnRIDA,
CnlJ1'TY OF ST. LUCIE
~ I HEREBY CERTIFY that on this day. betorc me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
ROBERT A. COYNE and HAZEL B. COYNE, his wife,
to me known to lx the person S described in and who executed the foregoing instrument and they acknowledged
I+eton• me that they executed the same.
~~'I7IVF.SS my hand and official seal in the County and State last aforesaid this /l = day of
r'Iay A. D. 19 80.
•
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~J~~ f i +~i ~ 2 f R 2' ~ 7 - . ~ '
i Notary Public, State o€-,~lbr~da d!`~.basge
1 :G'
i FILEi: sit! =ECUat+t i+ _
v St.IUC~E CCttyTY.:I A. ~ ~ ~y Z
RoGf;R f'o1sRA:i IOTNir11~1<iSTA1E0F~AAT ~ . i ~ .
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~ ~EItKCIftCttlj COU. T ~ ~
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48632:3 .
I
/ris Irulnancnl prrPnnr~/ by: TMs IrtshtKrtent ptep„are~ Sys Shelia A. Pike
American Tdle Insurance Company, 4838 N W
~1 tlarer~r 2nd Avenue. Boca Raton. Fbrida. In ConnECUrn
with iistwnce of a title insurance policy I"~