HomeMy WebLinkAbout0042 and shall perform, comply with and abide 6y each and every the agreements, slipulationi, condtlioru and
covenants thertwj, and of this mortfage, then this mortgage and the estate heroby created, shall cause, de-
IPrmine and 6e null and trotd.
7U~ IhP mortgagor hereby jurlher rnvenants and agrees fo pay promptly when dw the pNncipa[ and
tntP?rsl and other stuns of money provided jor in said note and this mort~'ge, or either; to pay all and
singular fhP faxP7, assessments, Ieutes, liabiiitiea, obligatio?u, and encumbrances of every naftere on said pro-
- pe?ly; to pPrrrttl. commit or sit/f
Pr no wtutP. impairment or deieriomiton of said land or the improvements
IhP?rcn al arty limp: to keep the buildings now or hereafter on said land jelly i?ut?red in a aum of nol less
than w"'^Aw^~,.~w..~~~~~Lll~. tnsuri~Ale value-------------------------------
in a company or companies ocePpfal+le to the mortgagee. the policy or polidei to be held by, and payable
fo, said morlgageP. and in fhP euenl any sum of money becomes payable by virlus of such insurance the
mortgagee shall have the right fo receive and a{ply the same to the indebtedness hereby secured, accounting
to 1hP mortgagor jor any sttrpltts: to pay all costs, cha?ges, and expenses, tncludfng Lawyer i fees and titb
sPa?rhes, reasonably i?tct/rred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agrPeme?Its, sfipulalions, conditions and rnvenanls of said note and this mortgage,
or Pifher: to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covP/ta/tts set forth in said note and ibis mortgage or either. In the even! the mortgagor Jails to pay when
due any tax, assessme?tt, insurance premium or other sum of money payable by virtue of aaid Hole and this
mortgage, or PithPr, the mortgaged may pay the same, wilhouf waiving or affecting the option to foreclose
or any other right hPrPt?nder. and all such paymentsCShall bear interest from date thereof at the highest !aw-
f1?I MIP then allOllietl bV fhP laths Oj the Sfafe Of FlOrtda.
ally SUm Oj mO/IPy herein ref
erred to be not promptly paid within ten (1 day! next after
the same becomes due, or ij each and Peery the agreements. sHpulafions. rnnditions and covenants of said
note and this mortgafe. or either, are not fully perjor?ned. complied with and abided. 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid fhenwn, shall forthwith or
fhereaffer, al fhP option of IhP moHgagee, 6ernmP and be due and payable, anything in said note or herein
to the contrary nofu~tfhstanding. FailtlrP by 1hP mortgagee to exercise any of the rights or options herein
provided shall not rnnsfihltP n waivor of any rights or options under said note or this mortgage accrued or
IhPrea jtPr accruing.
~n ~l~~S ~~Ce~f, the said mortgagor has herPt?nto signer( and sealed these presents the
clay anti year first above tarilfen.
S/gn Paled a/ld dPlil~PlP in fhP preSPllcp Of
.
MYC L-..~~..-~
SUSAN J. ALTS
STATE OF FLnRIDA, )
c~u~TY nF ST. LUCIE. i
- t HEREBY CERTIFY that on this day, before tae, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
MICHAEL G. ALTERMATT and SUSAN J. ALTERMATT, his wife,
to me known to be the person described in and who executed the foregoing instrument and ti'ley acknowkd~ed
1>fforr me that ~eq executed the same.
1tiI7;VESS my hand and official seal in the County and State st aforesaid this - ~ 7 ~ day of
June, A. D. 19 $Q .
Notary ~lic; fate off' ~ . ic]a -a
I°+~ Ji;~°; 30 A~ +I= 25 ~ oannission expires:
F!L!C sNt: iECUri~:c'J e„ .i /~11~'IA1.~1
S L LUCtF CGuN 1 Y.TI A. t~B ~ ~
RQ6E:RPOtTRAS r
CLERK CtR%U11 C~~ - ~ - d ~~v M~ t~ettwdwltMt R~MtN'M101~?1
r i ~Y f.
i.
!'bu hWrrin~f~rl prp~trrJ [,~/'ft+15 It1S7ttuM.fNT pRCVAREU BY: ~ = - ~Sj~t V ~ -
GERALD S. JAMES, ATTY. . ~
~/~ill?XC P. O. BOX 3351
~ FORT PIERCE, FLORIDA 33450 ~
' (30S) 461-2500 B~
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