HomeMy WebLinkAbout2551 and shall pe?f
orm, comply with and abide by each and every the agreesttents, stlpulnlton's, conditions and
cotrenanfs thereof, and of this mortgage, then this mortgage and the estate herby cwated, shall cease, de-
termtne attd be null and twirl.
the mortgagor hereby (wfher covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided jor to aaid note and this mortgage, or either; to pay all and
singular the faxes, assessments, levies. liabilities, obligations, and encumbrances of awry nature on sold pro-
perty: to pe?mif, rnmmif or suf
jar no waste, impairment or defertorolion of said land or the tntprovemenb
fherecn at any time: to beep the buildings now or hetrafter on said Land jolly insured In a sum of not less
than $29, 500.00
in .a company or rnmpanies nccepta6ls to the mortgagee. the policy or polieles to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue bf such insurance the
mortgagee shall have the right to receive and apply the same to the tndebtedness hereby secured, aceounttng
_ to the mortgagor far any surplus: to pay alI cart:, charges, and expenses. including lawyeri fees and tifb
seen:hes, reasonably tncttrrrd or paid by the mortgagee becntue of the failure of the mortgagor to promptly
and jolly comply with the agreements, stipulaftons, eortdjtions and covenants of said note and this mortgage.
or either: to perform, comply with and abide by each and awry the agreemenb. stipulations. conditions and
covenants set forth in said note and this mortgage or either. 1n the event the mortgagor jails fo 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 ajjecttng the option to foreclose
or any other right hereunder, and alI such paymenb shall bear interest from date thereaj nt the highest law-.
fu! rote then allowed by the laws of the State of Florida. ~
~L any sum of money herein reien+ed to be not promptly paid within 30 days next ajfer
the same becomes due, or ij arch and every the agreements, stipulattons, rnnditions and rnwnanb of sold
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 thereon. shall forthwith or
thereafter, at the option of the mortgagee, 6ernme and be due .and payable. anything in said note or herein
to the eontrnry notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a wairer of any rights or options under snfd note or this mortgage acexued or
thereof ter accrussi``ng. `
)n ~lLll~ ~he~eof, the said mortgagor has hereunto signed and sealed the:t presents the
day and year first above u•ritlPn.
S' se re fn the presence o(:
- CAtiIA~ J. MA TERS, his wife
I '
E
I
~ STATE OF FLORIDA,
c~uti•TY of ST. LUCIE
T HEREBY CERTIFY that oa this day. before me, an
officer duly authorized in the Sute aforesaid and in the County afonsaid to uke acknowledgments, personally appeared
THOMAS E. MASTERS and CAROL L. MASTERS, his wife
to me known to be the person s descn'bed in and who executed the fongoimt instrument and they acknowledged
before me that they executed the same.
K'I'1'NESS my hand and officul seal in the County and Sutc last aforesaid this day of
M A. D. 19 80
_•7~(~;No~jrA.R y .A''`Q's ~ ~ ~•~tate~ of F1orKid~a
~ . at Lar e ;
~ e~r ` ' ~ - I~0 kAY 23 A!i ~ 4 I g
- - My commission expires:
~ q Ug~'~ is ~ ~ Fa ,t ~t:c e
i ~F+''-; ~-T~= !T.``tf~ItrCOlgt RA• i:otary PuXic, Strte of Fta~ds st la-9e
'••jp ' ..:;;ii••, ft06EftP01TRA5
'f•.f.i~j ~ •~r.• ~ ~IERI( CIRG{AT COtBCf My Cara.;titsi:,n EtMites ouch 6, 1981
~ REt:G?.g YFRi~ if
• 4~'S14
17ru Inflrunrrnl >r~d b MICHAEL BRENNAN
Y~ 715 DELAWARE AVENUE
Addrsr FORT. PIERCE, FL 33450 ll~~~
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