HomeMy WebLinkAbout2762 and shall perform, comply with and. a6id~ by eac~i and every tile` aprwrr?enb, atipulatioris, eonditiorts and
cotenants thereof, and of this moNgaps, then this mortgage and the estate Itersby coated, shall esase, de- -
tsrmine and bs null and void.
the mortgagor hereby juMher eovenanta and agaves to pay promptly when due the principal and
tnfensl and other auras of •money provided for in said note and this moNgage, or either; to pay all and
singular the taxes, assessments. levies. Iiabikties, obligations. and encumbronees o/ every nattue on sold pro-
perly; to permit. commIf tx suf
jer rto waste. impairment or deleNoration of said land or the improvements
thereon at any time: to keep the buildings now or hereafter on said land f
uQy insured to a sum of not less
than n i 1
to a company or companies acceptable to the mortgagee. the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue bf such insurance the
moNgagee :hall hove the Nght to receive and apply the same fo the indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay all costs. charges. and expense:. including lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the fallttro of the mortgagor to promptly
and fully rnmply with the agreements, stipulations, condtlioru and eovenanb of said note and this moregoge,
or either; to perform, comply with and abide 6y each and every the agreement, stipubtions, conditions and
covenants set /orfh In said note and this mortgage or either. In the event the mortgagor fait to pay when
due any tax, assessment. tnsuronee premium or other sum of money payable 6y virtue of said note and fht
t,wrfgage, or either. the mortgagee may pay the tame. without waiving or of
jading the option to foreclose
or any other Nght hereunder, and all such payments shnU bear interest from date thereof nt the highest law-
f
ul rate then allowed by the laws of the State of Florida.
~L any sum of money herein referred fo be not promptly paid within t h i Y' t y days next after
the same becomes due, or ij each and every the agreements, stipulations. rnnditions 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 Chia mortgage. or the entire balance unpaid thereon. shall forthwith or
(hereafter, at the option of the mortgagee, become and 6g due and payable. anything in said note or herein
to the rnntmry nofu~ithsfanding. Failure 6y the mortgages to exercise any of the Nghfs or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage aaxtied or
thereafter accruing.
` ~ t
] ~ `
1n ~~~f, the said mortgagor has hereunto signed and sealed these presents the
day and year first above u~Nften. -
Sig ed, se an)d d ivered 'n the presence of:
U
f
i
f
~ STAT"E OF FLORIDA, ~ '
~ COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this day. before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
JIMMY A. ROY
E: to me known to be the person described in and who executed the foregoing instrument and whp acknowledged
hefom me that h e executed the same.
H~ ITNESS my hand and official seal in the County and Sute last aforesaid this Z~Ittl day of
~I~1 A. D. 19 80
~
~N~otary ~u~ilc
E ,~~~•`~i''_kl.'~':... X9:0 ~=h~f 27 ~ ~ 54 by Commission Expires
` ~ y`~ i ' rtLf~RkC f f t:u tl
V'[i~ R Y Si. t. lE Cn~1aT l A.
_ ~;r ; 3:';`.-= 1t03ER POItRAS Notary Pu6Gc. State of FlariAa at large
f^; hj~jt~o~ v Q:ERI(CIRCt;tT CGtt$t~ My Commission Ex is
' _ ~ P es Dec. 18. 1981
_ ~
4t~'7544
f -
h
%u btslrru~rtnl prrpnrrc! by: ~p
Ad~lnxs BAO PhGE~ 1 eJ0
l
E ~
t