HomeMy WebLinkAbout1484 and shall perfomn?; comply with mid chide by each and every the agreemenb, stipulationi, conditions and
rnrenagts Ilre?tr?l, and of flris mortgage, then this mortgage and the estate heroby created, shall cease, de-
fe?mine and he null and ?r,id.
111n~ the mortgagor hrrehy further cotMnanls and agrees fo pay promptly u?hen due the principal and
interest and other sums of money Provided for in acid note and Ibis morfgnge, or either; fo pay all and
singular Ilte (axes, c?ssess?r?t•?tls. Alevies, liabilities, obligalio?u, and encumhronces of every nature on said pro-
perly: to permit, commit or sutler no uraslP, impatrme??1 or deterioration o/ said land or fJte improvements
Ihrreen nt any limp; to krrp the buildings now or hereafter on said land fully tnst?recI in a sum of not less
than the ICISXjIRIII ~IlSUrtl~,e .YlWiC~3t- -
in a contl,any or companies atrepfable to the mortgagee, the policy or policies fo be held 6y, and payable
lo. -said morlgaftee, and in the rvenf any sum of money becomes payabht by virtue of ouch insurance the
mortgagee shall bare the right to rcreire and apply the same to the indebfedneas hereby sectued, accounting
la the morinanor for any snrphts: fo pay all casts, charges, and expe?tses. tnc~udtng lawyers lees and title
searches, n•nsonably incurred or paid by the mortgagee bemuse of the failure of the mortgagor fo promptly _
and lolly comply u•illt the agreente?rfs, sfipulalions. conditions and covenants of said Hole and This mortgage,
ar either: to perform, comply urith and chide 6y each and every the apreemenfs. stipulations, conditions and
curenanfs set forth in said Hole and this mortgage or either. /n the event the mortgagor laIls to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said 'note and this
ntor?ga?te, or eillrer, the n?arlllagee may pay the same. u~llhottl tuaiving or affecting the option to foreclose
or m?y other right hereunder. and all such payments shall bear interest from date thereof at the highest law-
ful cafe Ihen allocrecl by Ihp tarns of the State of Florida.
- lL nny snm of money herein re(Prrc•d to be not promptly paid within ~3~- days next offer
Ihr same 1?eromes due, or if each and every the agreements, sfipulalions, conditions and covenants of said
note and Ibis morlgalp•, or either; are not jolly performed. complied with and abided by. then the entire
sum mentioned in said note, mid This mortgage. or the entire balance _unpaid thereon, abaft forthwith or
Ihereajter. at the option of the mortgagee. 6econte and lie due and payable, anything in said note or herein
to Ihr contrary notwithstanding. 1'uilure l,y the mortgagee to exercise any of the rights or options herein
proridtYl shall not conslih,le a trainer of any riryhts or options ender soil note or This mortgage accrued or
IlrereaffPr ac~•ruinll.
Drs ~~uleSS ~h!'C~~f, Ilrt• said morlry:tgor has IIPMIIn10 signed and sealed these presents the
clay and year f inf chore u•rillen.
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Slg?IP ea d nd dr'f~ rec Ir 111 P Of:
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STATE OF FLORIDA,
COUNTY OF S'I'. IIICIE
i -IiEREBV CERTIFY that on this day, t,etorr me, s.,
officer duly authorized in the State aforesaid and in the County aforesaid to take ack?,owledgmcnts, personally appeared
JOSEPH J. MORROW, a married adult
to me known to be the person described in and who executed the foregoing instrument and he acknowkdged
before me that he executed the same. . -r}~,
K'17NESS my hand and official seal in the County and- State last aforesaid this ~ day of i
July A. D. 19 . H -
_ ,~•,..,u:••••
THIS INSTRUMENT PREPARED BY: r`~~ ~ ~ •'y
JOSEPH J. DeROSS, JR. , ESQUIRE - . r ~
=Y
f FEE, KOBLEGARD & TEFL, P.A. Notes P tic ~ - .
Post- Office Box 1000 My Coarmission Expires •i~ M1-~~,_
E Fort Pierce, Florida 33454 - `do!~rg Puoli~iairG~d Cot~?
19$8 .~'i. 24 P1+. ~ 30 ;:~z co~nmi4s?cp ~i,K~ ~e~t ~
POITRAS
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