HomeMy WebLinkAbout0954 and shall perform, comply with and abide bx .ach and eteijr the agreements. slipulattoni, condltio?u and
covenants thereof, and of this mortgage, Then this mortgage and the estate hereby created, shall ceose, de-
termine and be null and sold.
the mortgagor Newby further covenants and agrees to pay promptly when due the pNnclpnl and
inferesl and other sums of money provided• for to said note rend this mortgage. or either: to pay all and
singular the fares. assessments, levies, lttibilifies, obligations, and encumbronces of every naftu+e on said pro-
perty; to permit, commit or silt
jer no waste, impairment or deleriorofion of sold Innd or the improvements
lherrcn at any lime; to beep the buildings now or hentKtf
ter on said land fully insured in a sum of not leu
than its highest insurable value
in a company or companies acceptoble fo the mortgagee. the policy or policies fo be held by, and payable
to, said mortgagee. and in the event any stun of money becomes payable 6y virtue of such insurance the
moAgagee shall Notre the right fo receive and apply the same to the inde6tedneu hereby secured. aecotutting
fo the mortgagor for any sttrpltts; to pay all rnsfs, cha?ges, and expenses, including lawyer's fees and title
searches. reasonably incurred or paid 6y the mortgagee because of the failtu+e of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions rend rnvenanfs of said note rend this mortgage,
or either; fo perform. comply with and abide 6y each and every the agreements, stipulnttona, eondifto?ts and
eovenanls set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and thi:
mortgage, or either, the mortgagee may pay the same, without waiving or of
feeling the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the htghest law-
(uI rate then allowed by the laws of the State of Florida.
nay sum of money herein ref
erred to be not promptly paid within (15) f if teendnys next of
ter
the same becomes due, or i( each and every the agreement:, stipulations. conditions and couenanta 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 forthwith or
thereajfer, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notu~ifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not cortstitrrte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year firs) Above tvriffen.
Signed, sealed and delir•ered in the presence of
c-.~~ ~
- SINES
l ~ r
y~----
i
STATE OF FLORIDA,
co~`NTV OF ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an r
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
€ GARRY E. SINES and VIRGINIA S. SINES, his wife,
Ei to me known to be the persons described in and who executed the foregoing instrument and they acknowkdBed
E Ix(ore me that they executed the same- -
r N'I7~NESS my hand and official seal in the County and State last aforesaid this 30th day of
clay, A. D. 1980.
f
5
s Q~83'76
-
- - 1-- - - -
Nofa- - is
State of Florida at Large.
I , ~ , - ;L, 3~ 33 My Commission Expires
'Ktr~ltt hJlIIC STatE d ftORrDA Al U?faGE
i:iiC sy= Ga;:~~3 MY COAMsISS10N EJVIRES SHT . t? tVel
;1.tliClE GGLN1Lli.~" K~Nb[D lttRUGErv:Rl?t tN5 lNJOEtwRrtEK
ti , '
?~,,~+t1~ stRY}~.,~
i ,u' :gyp'
Thu hu/rranc>1I rr >rd 6 V i3 L)'., .
P P° Y: Emory C. Teel, III - '
AJaicu FEE,KOBLEGARD&TEEL.PA ~~<'~~'F~C?v~•'~~'`"
FORT PIE CEBFLOR
DA 33450 bl~~~ w~ ~
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