HomeMy WebLinkAbout0056 and shall perform, rnmply with and abide by each and every the agreements, stipulaUoris, conditions and
cotenants thereof, and of Ihts mortgage. then this mortgage and the a:fate hereby created, shall cease, de-
termine and be null and toil.
end the mortgagor hereby f urfher rnvenartls and agrees to pay promptly when due the principal and
interest artd other sums of money prodded Jor to said note and Ihit mo?fgage, or either: fo pay all and
singular the faxes. assessments, levies, liabilities, obligations, and encumbrances of every mature on said pro-
pe?ly; to permit, commit or strf
ter rto u~asfe, impairment or deteriorotton of said land or the improvements
IhPrecn of any IimP: to Iteep fhP buildings now or hereafter on said land fully insured in a sum of not less
than fully insurable value
in a company or companies atrPplable to the mortgagee, the policy or policies fo he halt! fy, and payable
to, said mortgagee, and in IhP Pt~P?tt any sum of money becomes payable by virtue of such insurance the
mortgagee shall harp IhP right fo receive and apply the same to the indebtedness hereby secured, accounting
to the moNgagor for any strrpltrs; fo pay aII costs, charges, and expenses, including lawyers Jeer and fide
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; fo perform, comply with and abide by each and every the agreements.' stipulations, rnndiftons and
rnvPnanfs set jorih irr said note and this mortgage or either. In the event the mortgagor Jails to pay when
due arty tax, assessmertf. insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagPP may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof of the highest law-
ful mtP then allotted by the lau/s of fhP State of Florida.
• any sum of money herein referred fo be not promptly paid within thirty days next after
the same beconlPS due, or if each and Puery 1hP agreementi, sfipulafiorts. rnnditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, .and this mortgage, or the entire balance unpaid thereon, shall jorihwifh or
thereof ter, of the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary noltuifhsfanding. FailtrrP by the mortgagee to 'exercise any of the rights or options herein
prouiclPd shall riot cu?tstittrte a umltPr of any rights or options under sgirl note or this mortgage accrued or
thereafter accruing.
~n witness thereof, tllP Sgld mO/tgayor bas bPrPllntO signed and sealed these presents the
day oral year first alrotP tr+ritten.
Signed, sealed and delitP ed in the presence o f
Leverett S~ . Shaw
.
i
STATE OF FLORIDA,
ccn,~TY c)F 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
LEVERETT SHAW
to me known to br the person described in and who executed the foregoing instrument and he acknowkd~ed
before me that he executed the same.
~~'I.1:\ESS my hand and official seal in the County and Stat~• last aforesaid this 19th ~ day of
' August A. D. 19 80 '
,
~ .
- ti~ - - ~ ~g$Q J,~ J 20 ~ ~ 3 NOTARY PUBLIC, STATE OF FLORIDA
r t i
~ 1~ ~ AT LARGE
• ~ ~ -r.l : ST.LIICIECQI;HTY.ftA. jrjy COMMISSION EXPIRES: a - ~q -y.a
A C LAC' ' I ~ C ERK CiRCUl1
CGUSiQ
G
496'782
!7»s I,a~nrn~~~i~ prcprrd hy: Ben L. Bryan, Jr.
P.O. Box 3230 ~ t
Fort Pierce, F1.33454 BQ01!~~ PAGE
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