HomeMy WebLinkAbout1243 and shall per/orm, comply with and a61de 6y each and easry the ogreerrtents, sttpulattoni, eondittons and
eonenartt: thereof, and of this mortgage, then this mortgage and the estate hereby created, shall c~ewe, de-
Iermine and be null and void.
the mortgagor hereby lu?Iher eot?enanfa and agrees to pay promptly when due the principal and
interns[ and outer sums of money provided for to saki note and this mortgage, or eUher; to pay oil and
singular the tares, assessments, levies, liabilities, obligation:, and encumbrances of every nature on said pro-
perty; fo permit, commit or su)/er no waste. impairment or delertorntion of said land or flte improvements
ther+ecn at any time: Io peep the buildings now or herea/ter on said Land /idly instsrrd to a stun o/ not Less
than Oustanding Balance of this mortgage
in a company or companies acceptable fo the mortgagee, the pottcy or policies fo 6e held by, and payable
to, said mortgagee, and in the event any stun o/ money becomes payable 6y virtue of such insurance the
mortgagee shall have -the right to receive and apply the same to the indebtedness hereby secured. accounting
to the mortgagor /or any surplus: to pay all costs, charges, and expenses, Including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure o/ the mortgagor to promptly
and /idly comply with the agreements, stipulations, conditions and covenants o/ said note and this mortgage.
- or either: to per/orm, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set ~ forth to said note and this -mortgage or either. In the event the mortgagor lath to pay when
due any tax, assessment, insurance premium or outer sum o/ money payable 6y virtue o/ said note and this
mortgage, or either, the mortgagee may pay the same: without waiving or a//ecfing Ilte option to /orecloas
or any outer right hereunder, and all such payments shall bear interest from date thereof at the highest [aw-
ltrl rate then allowed by the laws o/ the State o/ Florida. -
arty sum o/ money herein referred to 6e not promptly paid within thirty days next alter
the same becomes due, or iJ each and every the agreements, stipulations, conditions and covenants o/ said
note and this morlgagp, 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, ahnll forthwith or
Ihereaf
ter, of the option of the mortgagee, become and be due and payable, anything in .said note or herein
to the contrary nofu~ifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall riot consfifrrte a waiver of any rights or options under said nose or this mortgage accrued or
(hereafter accruing.
~n ~itnt'SS .hereof, the said mortgagor has hPrnrrnto signed and sealed these presents the ?
clay and ea first above u~rtffen.
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ned, scale an ell the pms~nce of : _
PAT ADAMS
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CLERK C1itC1AT Co!!fi M
STATE OF FLORIDA, ~ RECSRG \7R+Ft~.^.w.~
COU\'TY 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
PATSY ADAMS
to me known to !x the prison described in and who executed the foregoing instrument and She acknowledged
Ixfom me that She executed the same.
\117:tiESS my hand and official seal in the (:ounty and State last esai~ this fC day of
JU~yA. D. 19 80. ~ ,
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PATSY ADAMS
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