HomeMy WebLinkAbout1368 and :hall perform, comply with and abide 6r each and every the agreements, stlpulafioris condtfio?ts and
cvvenants tlre?eof. acid oI this mortgage, ihen ehia mortgage and the estate hereby orated, shall cease, de-
te?mine and be null and void.
~tlfl the mortgagor hen+by further covenants and agrees to pay promptly when dw the principal and
trtterest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the lazes. assessments, levies, ItabIlifies, obligations, and encumbroncea of every nature on said pro-
perly: to permli. commit or atrffer no waste. impairment or deterioration of said Irrnd or ehe improwmenfs
ehe?+ern at any lime; to beep ilia buildings now or hereafter on said land /idly insured in a sum of not leas
than ---------------Full insurable value-------------------____--
in acompany or companies acceptable to the mortgagee. the policy or policies !0 6e held 6y, and payable
fo, said mortgagee, a?td fn the "event any sum of money 6ernmes payable 6y viNtre of such inswance the
mortgagee shall have the Nght to receive and apply the same to the indebtedness hereby secured, accounting
fo the moNgagor for any surplus: to pay nil costs, charges, and expenses, including lawyeri fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the f
ailtrrr of the mortgagor to promptly
and f ally comply urith the agreements, stipulations, eonditiona and rnvenanls of said note and this moNgnge,
or either: fo perform, rnmply with and abide 6y each and every the ngreemenfs, atipulafioru, rnndilions and
rnt~ertanls eel forth in said note and this mortgage or either. /n the event the mortgagor Jails to pay when
due arty tax, assessment, insurance premium or other sum of money pnyable 6y viNue of said note and this
mortgage, or either, the mortgagee may pay the snore, without waiving or affecting the option to foreclosa }
or any other right hereunder, and all such payments shall bear interest from date thereof at ilia highest law-
f ul rate then allourcKl by the laws of the State of Florida.
~l any sum of mo?tey herein re%rred fo be not promptly paid within flfteell (15) days next of ter ~
the same becomes dire, or if 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 bp, then thR entire
sum mentioned in said note, and this mortgage, or the entire bnbnce unpaid thereon, shall forthwith or
thereafter, at the optio?t of the mortgagee, become and 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
provided shall not constitute a waiver of any rights or options under said note or Ibis mortgage accrued or
fherea f ter accruing.
~n ~ltntSS ~het~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sealed and delivernd in the presence of
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AL ~E HAYNES, JR.
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i STATE OF FLnRIDA, 1
cc~t?~TY c~F ST. LUCIE. i
€ ~ I HEREBY CERTIFY that on this day, bafcre me, an ~
f of(icrr duly authorired in the Stair aforesaid and in the County afor: said to takr acknowledgments, personally ap)xared
~ ~ WALLACE HAYNES, QTR., a single adult, ,
f I to me known to br the prrson described in and who executed the forcgoin}~ instrument and h2 ar~csts~fl~ltr;~
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Ixforr mr that he rxrcuted the same. ,"fit _
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1YI7'\ESS my hand and official seal in the County and Stair last aforesaid the ~ " f
July, A. D. 19 8U. ~ " ' M' `.i - ~ , ' =
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Notary Public State of Fl
My ao[nnission expires: ! -
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J~~. -8 ~!i ~ 50 N•+•r tom, s~ sit t.r~
1980 Mr cautaistioa ~r:-~ Paz
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~f•!!t llLC/!////If/// pR''~N/rlr~ ~y: TN~S IN:TRUMEtJT VRtPARED 8Y:
~ GERALD S. JA1AE5, ATTY,
.'1 cli~/t'.tt P. O. 8OX 3351 ~,C,'(~K f
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FORT PIERCE, FLORIDA 3345p
1305) 461-2500
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