HomeMy WebLinkAbout1232 r.~ Y.~.. -
and :hall perform, comply wish and a61de 6y each and .wry the agreentenb, stipulations, conditions and
cotwnants thereof, and of fhb mortgage. lhen this mortgage and the estate hereby created. shall cease, d.-
termine and null and void.
the mortgagor hereby further covenants and agrees to pay promptly when dw the principal and
Interesi and tether sums of money provided •for in said note and th4 mortgage. or either: to pay all and
singular the taxes. assessment, levies, liabilities, obligations. and encumbrances of every nature on said pro-
perly; to permit, commit or suffer no waste, impairment or deieriorofion-oj said land or the improvement
thenecn ai any films: to keep.fhs buildings now or herectjter on said land /idly iruured to a sum of not less
than
in a company or rnmpantes acceptable fo the mortgagee. the policy or policies to be held 6y, and pajrable
to, said mtxtgagee, and in the event any sum of money becomes payable 6y viNue aj such trtswance the
mortgagee -shall haw the right to receive and' apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: fo pay aU cost, charges. and expenses. Including lawyeri fees and title .
. searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulatioru, condtttons and eownants of said note and !lib mortgage. '
or either: to perform. comply with and abide 6y each and. every the agreement. stipulations, rnndifions and
covenants set forth in said note and fhb mortgage or either. In the event the mortgagor falls to pay when
due any tax, assessment, tnauronce premium or other sum of money payable 6y virtue of said nose and fhb
mortgage. or either, the mortgagee may pay the same. without u~alvtng or affecting the option to foreclose
or any oilier right hereunder, and all such payment ahaU bear Interest from date thereof at the highest law-
f ul rate then allowed by the Iowa o/ the State of Florida.
~l any sum of money herein re(er?ed fo 6e not promptly paid within 30 days next after
the same becomes due, or i( each and every the agreements. sttpulaffons, rnndittons~ and covenant of said
note and- ibis mortgage, or either, are not fully pert
onned, complied with and abided 6y, then the entire
stun mentioned in said note, and fhb mortgage, or the entire 6niance unpaid thereon, shall /orehwith or
thereafter, at the option of the mtxigngee, become and 6e due and payable, anything in said Hole or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or optiom herein
provided shall not rnnstit:sie n waiver of any rights or options under said note or fhb mortgage accrued or
thereafter accruing.
~n ~Itetteof, the said mortgagor has hereunto signed and sealed these present the
day and year first above written.
Sig ,sealed and delivered in the presence oj: _
Del ape .
. y Str
i
STATE OF FLORIDA,
j COUNTY OF St. Lucie
~ ~ I HEREBY CERTIFY that on this day, before 'me, an
j officer duly authorized in the State a[onxaid and in the County aforesaid to take acknowledgments, personally appeared
i
Del Stroupe and Beverly Stroupe, his itife .
to me known to be the person 8 described in and who executed the foregoing instrument and Who acknowledged
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before me that they executed the same.
I
F WITNESS my hand and oi(;cial seal in the County and State last aforesaid this day oI
f -
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Cf A. D. 19 80 . -
i
:'~-~:~.~L ~ 493810
t~ ~ _ Notary Public, State of Florida at Large
c T~^ R Y ..moo 1980 .IUl. 23 P~1 ~ 48
~ : iYly Ct?mmit+aion fxpiras June 10, icdi3
i i N c+~n_ ::1 Is! _
~ ~ -
~.P l/ I3 l.< g" FIIEU ltit; hECORllEO
. ST.`UC E Cpp~~NTT
E ; . ROGER POtTRII~~~
~ ' CLERK CIRCUIT T
' Flo ` CF
ttECaRa VEHlFiEO
Tliu Lulrunttn~ prrpare~I by:
Arlrlirrs 8~~ P~Gf~S
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