HomeMy WebLinkAbout2963 rend steal[ perform, comply with and abtd• by each and every the agreement, stipulations, .conditions and
covenants thereaj, and o/ tht mortgage. then /his •mortgoge and the state herby created. shall cease, de-
termtne and be null and void.
the mortgagor hereby /urther covenant and agnws to pry promptly when dw Ilse p?inctpal and
tnferrlt and other suns: o/ money provided for to said note and this mortgage, or Nther; to pay all and
singular fhs taxes, aus:sment. levies, liabilifia. obligations, and encumbrances of every nature on ssid pro-
perly: to pet~rstt, commit o? suf
jer no woste. lnywtrment or deterioration of sold larsd or the impwwmenb
thereon at any time; to Iteep the 6ul[din s now or hereafter on said Land full in a sum of not bu
than TV1'ENTY TWO THOUDAND ~HIRTY FOU DOLLARS ---0~~0-----------------
in a rnmpany or companies acceptable to the mortgagee, the policy or policies fo be held by: and payable
to, sold mortgagee, and in the event any sum of money becomes payable by virtw of such insurance the
mortgagee shall hove the right to receive and apply the same to the indebtedneu herby securrd, accounting
to the mortgagor for any surplus: to pay all cost:. charges. and expenses, including Lawyer i fees and tilt
searches, reasonably inct:rred or paid by the mortgagee because o/ the f
allure of the mortgogor to promptly
and fully comply v~ith the agreements, stipulations, conditions and covenants of said note and tht mortgage,
or either: to perform, comply with and abide by each and every the agreement, stipulations, eondittons and
covenants set forth in said note and !ht mortgage or either. In the event the mortgagor fait to pay when
due any tax, as:eaament, 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 tuaiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof a! the highest law-
ful rate then allowed by the laws of the State of Florida.
~f
any sum of money herein referred to be not promptly paid within days next after '
the same becomes due, or ij each and et+ery the agreements, stipula[ions, conditions and covenant of said
note and this mortgage, or either, are not (ally performed, complied wills •and abided. by, then the entire }
sum mentioned in said note, rend this mortgage. or the entire balance unpaid thereon, :hall forthwith or
thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or herein
to Ilse ennfrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
• thereafter accruing.
~n ~l~ll~ ~heCtofr the said mortgagor has hereunto signed and sealed these presents the_
day and year first above written.
Signe~, sealed and delive?ed in t e presence of
Arlee O line
. be
Annetta Oxendine
STATE OF FLOR[UA,
COU.'VT-y OF St.Lucie
I HEREBY CERTIFY that on this day. before rat, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Arlee Oxendine and Annetta Oxendine, his wife
to me known to be the prrson described in and who executed the forcgoinR instrument and they acknowledxed
before me that they executed the same.
WITI`ESS my hand and official seal in the County and State last aforesaid this 23 dsy of ~
• May A. D. 19 80
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ST LUCtk COiiNTr ft A.
ROG£R PtStIRAS
iLERK CMCUit C 7
I~iu lu~ryiuc„~ prrpnnr/ hy: Jackie Talamine
~1~~~~~~ir;Bt National Bank of Ft. Pierce
P.O. Box 970, 300 S. 6th St. , Ft. Pierce, Fla. 33450
8001 ~ ~~~.t,