HomeMy WebLinkAbout1919 and :hall perform, comply with and abide 6y eoch and every the agreemenb, atipulatioris, conditions and
covertanb Thereof, and of this mongage, then this mortgage and the estate hereby created, shall cease, de-
fsrmtne and 6e null and void.
the mortgagor Newby .ltuiher cotrenanls and agrra to pay promptly when dw the princfpnl and
interest and other sums of money provided for in said note and this mortgage. or Nth.r; to pay all and
singular the faxes. assessments, levies. ([abilities, obligations. and encumbrances of every rtalure on said pro-
perty; to permit. commit or suffer no waste, impairment or deterioration of said land or the lmprovemenb
fhpreon at any lime; to 4eep the 6Wldtngs now or hereafter on said land fully insured in a stun of not less
than highest insurable value.
in a company or companies acceptable !o the mortgagee, the policy or policies to 6e held by, and payable
to, sold mortgagee, and in the event any stun of money becomes payable by virtue bf such insurance the
mortgagee shall have the right to receive and apply the same !o the indebfedneu hereby sectued, accounting
to the mortgagor jor any surplus; to pay all costa. charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and fully rnmply with the agreements, stipulations, :.arditions and rnvenants of said note and this mortgage,
or either; to perform, rnmply with and abide byeach and every the agreements. stipulations. conditionu and
covenants set forth to said note and this mortgage or either. /n the event the mortgagor /ails to pay when
due any tax, assessment, insurance premittnt or other stun of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without tvaiuing or affecting the option to foreclose
or any Other right hereunder, and all such payments shall bear interest from dote thereof at the highest Iaw-
f uI rate `then allowed by the 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 if each and every the agreements, stipulations, rnnditions and covenants of said
Hold and this mortgage. or either, are not (ally performed, complied with and abided 6y, then the entire
sum mentioned in paid note, rend this mortgage, or the entire balance unpaid thereon. shall f
orfhwtth or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the conlr+ary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shah not constiltrte a waiver of any rights or options under said note or this mortgage acY.rtted or
lherea f ter accruing. -
~n ~l~~S ~he~eof, the said mortgagor bas hereunto signed and sealed these presents the
day and y r Jirat abore writ(en.
Sign se d nn de ~ iPred in the presence of : -
~i~~r-iG~~---•----------------
- - L ER G. H O
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PAM ~~t
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STATE OF FLORIDA,
cou~TV of St. Lucie
I HEREBY CERTIFY that on this day, before me, an
! officer duly authorized in the State afore-said and in the County ~'~resaid to take acktawledgments, personally appeared ~
! Luther G. Hutto ..and Pamela T. Hatto, his wife
to me known to be the person Sdescribed in and who executed the foregoing instrument and who acknowledged
before me that they executed the same.
. _ . WII~NESS my hand and official seal in the County and State Ixt aforeuid thu ~ day of
-~i A. D. 19 80
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~ ~-i ~ ,:,o is ' NOTARY PUB IC
A J ~ t98t) JUN -6 st: 38
Y•- ;f;•`
e ~ xw~ F lE0 ~?ItL''ECURiIF!} ~•y - ~
,;,t j. S1! t.UGE Ct3tRftY.ftA. ~ ,.1
~ ROCsER POfTRAS
CLERK CIRCWt CO'
• ~ttft'.BRQ f,'ER'Ft:p ~
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l7iu hcslnun~tri prrpard by.
Addm~s 8332 P~~.913
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