HomeMy WebLinkAbout1426 and shall perjorrrt, comply with and abide by each and every the ognsements. atipubfioris, conditions and
ea*enants thereof, and of flits mortgage, lhen this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and void.
the moHgagor hereby further eolenarlts and agrees fo pay promptly when due the principal and
intersst and olhe? sums of money provided /or in said Hole and this mortgage. or either; to pay all and
singular the taxes, auessments, levies, liabilities. obligations, and enctunbrartcties of every nature on said pro-
pMy: fo pe?rltil, commit or suffer no u~nste, impairment or detertorotion of said land or the improvement
lherecn of arty time; to beep the buildings now or hsreajter on said land fully insured to a stun o/ not feu
than ---------------------------none-------------------------------
in ncompany ar companies ameptabls 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 of such tnsurartce the
mortgages shall bare the right to receive and apply the snore to the indebtedness hereby secured, accounting
to the mortgagor (or any stlrpltls: to pay all cosh, charges, and expenses, including lawyer's fees and tttb
starches, reasonably incunsd or paid by the mortgagee because of the failure o) the mortgagor fo promptly
and fully 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
covenants set forth in said note and this mortgage or either. /n the event the mortgagor jails fo pay when
due any tax, assessment, instu+ance premium or other sum of money payable by virtue of said Hole and this
mortgage, o? either, the mortgages may pay the same, without waiving or ajjecttng the option to foreclose
or any other right hereunder, and nII such payment shall bear interest from date ther+eoj nt the highest law-
(III mte `Then allowed by the laws of the State of Florida
~L any sum aj money herein njerred fo be not promptly paid within ttL~.'y (30)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, ore not fully perjonrted, 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
iherenjfer, of the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not consfitltte a umiver of any rights or options under said note or this mortgage accrued or
thereafter accruing. -
~n ~kll[ll ~I~[[[111y the said mortgagor has hereunto signed and sealed these present the
dCCay and year first shore written.
Jrg Sea Qnd lil~ered IR the preSe a Oj:
" ------L-t--'~------- - -if.~
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STATE OF FLORIDA,
Cou~-TY of ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
f officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
HOYT C. MURPHY
to me known to be the person desrn7xd in and who ezecutcd the tosrgoiryt instrument and he acknowledged
beforr me that he ncecuted the same.
H17:1iESS my hand and official seal in the County and State t atorrs~d 1$t day of
June, A. D. 19 80. / _ f!,
4 ~ _ 1
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Ft~rc,t+c E:%Ura; L~ My Commission i~~:r • ~ -
sr.t~.~cif cc:;xrY Fl a... }
f R •GEP. PQiTr7~S = ;v d Q- ;
C.ERK Ci7!'Uii LC;,~i ••o,iry iltbCt, Stsme d Rorii y ~7 ~0
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490480
nlis ~rs::~;?-fi~:~z s~~~o eY:
r n~~ rwn~,>rrr~r rrd b ~
P't'pa Y~ ,loseph J. Q.Ross, Jr., Esq.,
Fie. Koblegard & Teel, P.A. t~
P. O. Box 1000 BOQ z~ Pl~f
Fat Pffxoe. Florida 33450
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