HomeMy WebLinkAbout1136 • and shall perform, comply with and abide by each and every the agreements, atlpulatioris, conditions and
eovenanta Thereof, and.of this mortgape, then this mortgage and the estate hereby coated, shall cease, de-
termine and 6e null and twirl.
the mortgagor pert+by further eorenants and agrees to pay promptly when dw the principal and
interes! and other sums of money provided for in raid note and this mortgage, or either; to pay all and
singular the taxes, assessments, levies. liabilities, obligations, and encumbroncsa of every nature on said pro-
perty: to permit, commit or suffer no waste, impairment or deterior+atton of said Iartd or the improvements
thereon at any time: to deep the buildings now or hereafter on said land fully insured in a stun of not Tess
than full insurable value
in a company or companies acceptable !o the mortgagee, the policy or policies to be held 6y, and poyable
to, said mortgagee, and in the event any stun of money becomes payable by virtue of such insurance the
mortgages shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jor any surpltu; to pay all costa. charges, and experues, including lawyer's fees and title
searches, reasonably inctured or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully rnmply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; to perjorm,.comply with and abide 6y each and every the agreements. atipulationa, eondittoru and
covenants set forth in said note and this mortgage or either. Ir! the event the mortgagor jails to pay when
dire any tax, assessment, instuance premium or other sum of money payable by virtue of said note and thu
mortgage. or either, the moNgagee may pay the same, without waiving or ajjecttng the option to foreclose
or ony other right hereunder, and all such payments ahaU bear interest front date therrof at the htghe,t law-
f ul rate then allowed by the laws of the State of Florida.
ony sum of money herein referred to be not promptly paid within 30 days next after
the same becomes due, or ij each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, nt the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise ony of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~1t11tSS ~ItPCtOf, the said mortgagor has hereunto signed and sealed these presents the
day and year first shone u•riften.
Signed, sealed and delivered in the presence oje
et Gerona
S
Sop ~~---~~Peterseii ; J
f
r
F
STATE OF FLORIDA,
couxTY 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
. ~ .,KENNETH T . PERONA and SOPHUS PETERSEN , JR . ,
-
,~ti ,3oypie.,,~drRO to be the persons described in and who executed the [orcgoinq instrument and obey acknowkd~ed
.••Q!f(iR+Q ~^~i~ try cs:ecuted the same.
i:;-. .-2}~1'IV~S my hand and official seal in the County and State last aforesaid thu ~ day of
~r ;s.. - JT~~y-_ A. D. 1960 .
~'-H' • -
•
. _ - P -
, ~ Note ublic, State of Florida
- at Large .
~.::,,f,,,,,,: 4~?~942
a hiy commission expires : _
9
C
m
Na~un n,alc n~h a aoala At oral
l
' ~7 ~ ~ Mr cO~M<<.SIO'~. E~4tRt! AM. ~0 tlrt
iit~EO Tr1RU GE!dt~t~L I+VS UrOfRWlIrERS
S ilE ~ ~ ag ~A. c~
spot cr~j
"l7irs I,uiru,,,rnt prrpar~l hy: SPENCER B . GILBERT of
Ad~!>ru GILBERT & ORR, P . A. 8~~~ I~~~
P. 0. Box 3388
Fort Pierce, Florida 33450 ~