HomeMy WebLinkAbout0911 and shall per/orm, comply with and abide 6y each art ~t'~oif?% the 'agrgedtgnts, aftpulnftoris, conditions rend
rnrenanfs thereof, and of this mortgage, then this mortgage and the esttite' hereby created, shall cease, de-
termfne and be null and ibid.
7)<INf~ the mortgagor hen+by ~urther covenants and agrees fo pay promptly when due the principal and
interest and other sums of money provided for in snid note rend flits mortgage. or either; to pay all and
singular the faxes, assessments, levies. liabilities, obligations, and encumbronces of every nature on said pro-
perty: fo permit. rnmmit or suffer no waste, impairment or deterioration of said land or the improvements
Iherrcn a! any time; to peep the buildings now or hereafter on said land fully insured In n sum of not lest
than FULL INSURAI~LE VALUE
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and pnyabb
fo, said mortgagee, and in the event any sum of money 6ernmes payable 6y virtue of ouch insurance the
mortgagee sholl have the right to receiua and apply the same to the Indebtedness hereby secured, accounting
to the mortgagor /or any surplus: to pay alt rnsts, charges, and expenses, including lawyer's jeea and title
searches, reasonably incurred or-paid by the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions rend rnvenants of said note and this mortgage,
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions rend
covenarlis set jortlt in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum o/ money payable by virtue of said note and this
mortgage, or eillter, the mortgagee may pay the same, without waiving or a//ecfing the option fo foreclose
or ony other right hereunder, alnd all such payments shall bear interest /rom date. thereof at the highest Inw-
(ttt MIe]`?1en allou?ecl by the laws of the State of Florida.
7l any sum of money herein referred to be not promptly paid within thirty days next after
the same becomes dtte, or i/ each and every the agreements, stipulations. conditions and covenants o/ said
note and this mortgage, or either, are not /idly 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, at the option of the mortgagee, become and be due and payable, anything in snid note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shalt not eonstittete a waiver o/ any rights or options under said note or this mortgage accrued or
Ihereaffer accruing.
~n ~`1f1~ ~h~~f, the said mortgagor has hereunto signed and sealed these presents the
day and year /first above turiffen.
Sig~e sealed and ~re in the presence of
r ~
DAVID W. a sin le adult
I
i
STATF. OF FLORIDA,
~ COUNTY OF
ST. LUCIE
I HEREBY CERTIFY that on this day, be[orc me, as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
DAVID W,/1e~tt`~Q a single adult
to me known to be the person described in and who executed the foregoing instrument and he acknowkdsed
before me that he executed the same.
I H't7'NESS my hand and official seal in the County and State last aforesaid thu ~n~ day of
August A. D. 19 $Q
i
Notary Pu is -
State of Florida at Larger:
My Commission Expires : .,.y;~ .
KOlART Rlt:! IC STAT' Jf Fl
MY Ca.1 :;ISS~ON fiPIP.ES /AJV 7 t9g? ~t,~o r'.~J c ~ ~ 1 ~
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flddrrsF tri~tte tNgTAUtIENT PR[S'~.P.EO 8Y u~~
{rHARLES R. 1'. t3RC :'JN U
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