HomeMy WebLinkAbout2341 and shall perform, comply wish and abide 6y each and etery the ogreemertls, stipulations, conditions and
cotenants thereof. and of this mortgage, then Ihts mortgage and the estate hereby created, shall cease, de-
te?mirte and be null and troid.
Ii~ the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said Hole and Ihis mortgage, or either; to pay all and
singular the taxes, assessments, levies, liabilities, oblig^lions, and encumbrances of every nature on said pro-
pe?ly; to permit, commit or suffer no waste, impairment or deterioration of said land or the Improvements
thereon at any time: fo beep the buildings nou? o? hereafter on said land fully insured in a sum of not less
than SEVEN THOUSAND EIGHT HUNDRED NINETEEN DOLLARS ----80/100---------
in acompany or companies acceptable to the morigagee, the policy or policies l0 6e held by, and payable
fo, said mortgagee, and in the event any sum of money becomes payable 6y virtue of suck insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor (or any surplus: fo pay all rnsts, cha?ges, and expenses, including lawyer's fees and title
searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and (ally comply with the agreements, stipulations. conditions and covenants of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
cotenants 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 this
mortgage, or either, the mortgagee may pay the same, without tuaivfng or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lain-
(ul rate then alloteed by the laws of the State of Florida.
i
Dl any sum of money herein referred fo be not promptly paid within day: next after
the same becomes due, or if each and etery the agreements, stipulations, conditions and covenants of said
note and this morfgag; . or either, are not fully performed. complied with •and abided 6y, then the entire j
sum mentioned in avid note, and this mortgage, or the entire balance unpaid thetron, shall forthwith or I
thereat ter, of the option of the mortgagee, become anni be due and payable, anything in said note or herein
- to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
prodded shall not constitute a tr+aiter of any rights or options under said note or this mortgage acrnred or
Iherea(ter accruing.
~n witness ~heCeof, 1hP said mortgagor has hereunto signed and sealed these presents the
day a-nd year first abotP u~riflen.
.7e~e~d. SPOIPd altd dPI11iPr the prPSerlCe Of
.
•
~ BUtC
er
. ~ .
I~ren F. Butcher
I . - ~ - _ _ - - - _ -
i
STATE OF FLORIDA,
cot; \iTY 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
Walter P. Butcher and Karen Fitzpatrick Butcher, his wife
to m~• known to be the person S described in and who executed the foregoing instrument and they acknowkdSed
before me that they executed the same. -
^ti~'LZ'l'ESS my hand and official seal in the County and Stad• last aforesaid this ' _ dar,,~.:
l/ ~ ~i) -
r~
<iL ~ ~
' ~ % S>Bll>flKYiia61 SM 111~~„
: tlMi ~ I
q80 ,NN 10 AEI- 1~ 3 .
F ED ANr t'ECQ'tDED v, iJn/1 11l 1POt~OV !O IIt~iS : , •
$OGER POITIfASA~ _
I CL RK CIRt:UIT d ~ ~
I:iCORII Yt"Rlf!Et)_-d~3~~ l 1 t1
4891is
%7iis !»s~n»»
?•,r~ p,7 pr,rcJ hy: Jackie Talamine
~1JJrr~tFlrst National Bank of Ft. Pierce
P.O. Box 970, 300 S. 6th St., Ft.Piec+ce, Fla. 33450 8~c~cl~ PA6E~:Je~4 '
:,.,~,T.
Y