HomeMy WebLinkAbout1736 and shall pe?f
orm, comply with and abide 6y each and every flte agrwmsnb, styrulationi. conditions and
rnrenanfs thereo/. and of this mortgage. then this mortgage and the estate herby croatad. shall Dense. dt-
termine and be null and void.
!lu? mortgagor hereby further covenants and. agrees to pay promptly when due fhs principal and
interest and other sums of money provided Joy in said note and this mortgage, or either; to pay all and
Singular the !axes, auessmenfs, levies. liabilities, obUgations, and encumbrances of every nature on said pro-
perty; !o pertrttt, rnmmif or suf
jer no worts. impairment or deterioration of said Land or the improvements
lherecn at any lime: to keep the buildings now or hereafter on said land fully iruured in a sum of not less
than li/A
in a company or companies acceptable to the mortgagee. fhs policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y ulrtus aJ such insurance the
mortgages shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor joy any surplus: to pay all costs. charges, and expenses. including lawyers fees and (ttie
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the. mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: to perform, comply with and abide 6y each and every the agreemenb, stipulations. conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor Jaib to pay when
due any tax, assessment, insurance 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 affecting the option to foreclose
or any other right hereunder, and all such payments Shall bear Interest from date thereof at the highest law-
ful rate then allowed by the laws of the State of Florida. .
~l any sum of money herein re{erred to be not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, stipulations. rnnditions and covenants of said
rota and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum menteoned in said note, and this mortgage, or the .entire balance unpaid thereon, shall forthwith or
thereafter, nt the option of the mortgagee, become and 6e due and payable, anything'in said note or herein
!o the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or optioru herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~Il ~lttltSS ~~Of, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sealed and delit•ered in the presence of
vita J ?IASOAE
~WiiNBSs
f
STATE OF FlOril~a
COUNTY OF S t . Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to ake acknowledgments, personally appeared
JOffii MASONE
to me known to be the person described in and who executed the foregoing imtrument and _ • -s~eowkdsed
~~..i~ ~Q1s~.
before me that ~ executed the same.. .
v).
WITNESS my hand and official seal in the County and State last aforesaid thu .~.'~;--'x of-,
May A. D. 19 80. ~=ca'• l 7 ti~
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NO?ABY POBLIC- .~~r,.. ,rj_''~`.\i`,~
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s r'u :a~ rt~ty t r rt A. liotpry PuDtk, Stets of FlortAa at Lt~ .
Ati6fft pg7RA5 yy Commission Expires June 10,19'd3
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