HomeMy WebLinkAbout2017 and shall per/orm, comply with and abide by each and anery the ogreements, stipulationi, conditions and
covenants thereof, and of this mortgage, then this mortgage and !hs estate hereby created, shall sews, de-
termine and be null and twirl. ,
the mortgagor hereby further rnuenant: and agrees to pay promptly when due the pMncipal and
interest and outer sums of money proufded jor in antd note and Ibis mortgage, or either; to pay all and
singular the tares, assessments, levies, Iiabllilies, obligations, and enctunbronees of every nalttre on sold pro-
perly: fo pe?mit, commit or strf
jer no tuwte, impairment or deferiorafion of said land or the Improvement
thereon at arty lime: to beep the buildings now or hereafter on said land jelly insured in a sum o/ not less
titan full insurable value.
in a company or companies dcceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and (n the event any stun of money becomes payable by alrtue of such Insurance the
mortgagee shall bane the right to receive and apply the same to the Indebtedness hereby :scored, aceotinting
to the moNgagor jor any sesrpltts; to pay all cost:, charges, and expenses, Including btvyer i jeer and title
searches, reasonably incurred or paid by the mortgagee because of fire jailtue of the mortgagor to promptly
and jelly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, I
or either: fo perform, comply whit and abide by snob and every the agreements. stipulations, conditions and !
covenants set forth to said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without wniving or of
feeling the option to foreclose
or any other right hereunder, and all such payments shall bear inters:t from date thereof at fire highest law-
, (ul rate then allotue[l by fire laws of the State of Florida.
any sum of money herein referred fo be not promptly paid within thirty days next after
the same becomes due, or ij each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jorlhwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary nofu~~thstanding. Failure by the mortgagee fo exercise any of the rights or options herein
prot~fded shall not corrstittrte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing. -
~n ~tttleSS thereof, the said mortgagor has heret[nto signed and sealed these presents the
day and year first above written.
Sign ,sealed nd delivered in the presence of
_
- PADGE''T...---- ~ J -
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STATE OF FLORIDA, ~ _ .
c~~T~TY OF St. Lucie
I HEREBY CERTIFY that on this day, before rae, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acktwwh:dgments, personally appeared
DEBRA E. PADGETT, a single adult
i -
to me known to be the person described in and who executed the foregoing instrument and She acknowledged
before me that She executed the same.
~Ki7-NESS my hand and official seal in the County and Stair last aforesaid this 16th day of
May A. D. 19 8 ~ •
48''J181 - ~
- (S AR'Y ~U~~;•~•C- STATE •OF -FLORIDA
190 iii?'i 20 PR ~ 27- ~
t'yotnms~
on ~peSFbrida At Lerae #
EILE~ AhC r'-6Uy+~tU ~ 12. 1983
S1.LUCif CCLYfY.fIA. ~-S'~ti,nr„eJr,
tIOGER POlTftAS `"-`-.~'t•
CLERK CtEC:?li COU4~T~j'
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V - .tip ;,.~i~Iirij.~Vj ~.~~'j
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_ _ •r .tat j..l ~~t [7
s, ~.STC~t~-,
l7iis htslrusl~~l! tr rr'i1 h C.R. MCDONALD, JR. , ESQUIRE '"~~''!,!riuti++"`',`` ~
P P~ y~ 1600 South Federal Highway
~1d~fit:cc Fort Pierce, Florida 33450
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