HomeMy WebLinkAbout1732 and shall perform, rnmply with and abide by each and every the agreemenfa. atipulattoria. conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
(ermine and 6e nail and twirl. -
the mortgagor Newby further eovennnfs and ag?ees to pay promptly when dw the principal and
interest and other sums of money provided for in said note and thta mortgage.. w either: fo pay all and
singular the taxes, assessments, levies, Ifabililiea, obligations, and encumbrances of every nature on said pro-
perty: fo permit, rnmmif or suffer no waste. impat?ment or deterioration of said land or the improvemenb
fherrcn at any time; to keep the buildings now or hereafter on said land fully insured in a sum of not lea
than n i 11
in a company or companies acceptable to the mortgagee, the policy or policies fo 6e held 6y, and payable
to. said mortgagee, and in the event any sum of money becomes payable 6y virtue of such iruurnnce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any stupltts; to pay all costs, charges, and expenses, including lawyeri fees and title
searches. reasonably incurred or paid 6y the mortgagee because of the /allure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; fo perform, comply with and abide 6y each and every the agreements, sfipulationa, conditions and
rnvenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessme?tt, insu?ance premium or other sum of money payable by virtue of said note and this
mortgage. or either, the mortgagee may pay the same, without waiving or of/ecting the option to foreclose
or any other right hereunder, and alI such payments shall bear intere:f from date thereof at the highest !aw-
f
ul rate then allowed by the laws of the State of Florida.
~l any sum of money herein referred fo 6e not promptly paid within tb~~ days next after
the same becomes due, or if each and every the agreements, stipulations. rnndifions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid fheneon, shall forthwith or
thereafter, at tho option of the mortgagee, become and be due and payable, anything in said note or herein
to the eonfrory noturtthstonding. Failt?re by the mortgagee to exercise any of the rights or options herein
provided shall not constit??te a waiver o/ arty rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itnCSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the
day and year first abo?=e uaiflen.
Signed, SPalpd~arld dPli1~PIPd in the prPSPnfP Of:
~ (fMAS ---HOb~-----------------------
- FLQREI~CL--~A- Tl: t~t~IS~
I
STATE OF FLORIDA,
COU\TY OFST. LUCIE -
I HEREBY CERTIFY that on this day, ixiore me. an
officer duly authorized in the State a[oresaid and in the County aforesaid to take acknowledgmenu, personally appeared
THOMAS W. HOOT and FLORENCE MARIE HOOT, his wife
to me known to be the person S described in and who executed the foregoing instrument and wh p acknowledged
Ixtorr me that they executed the same.
~~'I7:1iESS my hand and official seal in the County and State last aforesaid this 15th day of
A- D. 19 80
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_ I E.,4'f 19 P~: i?_~ IZ rotary Pub is -
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s ,=R~-~': ?ocs ~ = ST.IlICtECQUHt'f.FIA. .
ROGER POITR/.S
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r'•• Notary PubPc,-state o~
Oec.18.1961 e
f qty Commission Expires: Mycomm~ss~onExp
This Lu~nns~N p,rpnre~J Gy: -
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TITLE & T;^-,='-.; - ~ P c~~~
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