HomeMy WebLinkAbout0138 and shall perform, comply with and abide by each and et+ery the agreements, stipulation's, conditions and
rnerenants thereo/, and o/ this mortgage, then flits mortgage and the estate hereby created, shall cease, de-
termine and Le null and t+oid.
~d the mortgagor hew6y further rnvenanls and agrees to pay promptly when due the prlnctpal and
tnteresf and other sums of money provided for in sold note and thrs mortgage, or either; to pay all and
singular the fAYPJ, assessments, levies, Itabtliftes, obligations, and encumbrances of every nature on raid pro-
perty; to permit. commit or suf
jer no waste, impairment or defertorafion of amid land or the Improvements
Ihetrcn at any time; to keep the buildings now or hereafter on said land jolly insured in a sum of not lest
than FULL INSURABLE VALUE-----------------------------------------------------
in acompany or companies acceptable fo the mortgagee, the policy or policies to be held by, and payable
fo, said mortgagee, and in the event arty sum of money becomea payable 6y vI?fue of such insurance the
mortgagee shall hat+e the rig/tt fo receive and apply the same fo the Indebtedness hereby secured, accounting
fo the mortgagor for any surplus: fo pay all rnsts, charges, and expenses, including lawyer's fees and ftfle
searches, reasonably inrtrrred or paid by the mortgagee because o/ the failure of the mortgagor fo promptly
and jolly comply with the agreements, stipulations, rnndittons and covenants of said note and This mortgage,
or either: to perform, comply u+ifh a?td abide by each and every the agreements, stipulations, rnndifions and
covenants set forth in said note and this mortgage or either. /n the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note.and this
mortgage, or either, the mortgagee may pay the same, without wniving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law-
f ul rate Ilten allow?e+l by the lou?s of the $tafe of Florida.
any sum of money herein relered to be not promptly paid within THIRTY dnys next after
the same becomes dire, or if each and every the agreements, stipulations, conditions and covenants of said
note and this morfgafte, or eithe/, 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 Ilsereon, shall forthwith or
thereafter, at the option of die mortgagee, become and be due and payable, anything in said note or herein
fo the contrary notu+ithsfanding. Failure by the mortgagee fo exercise any of the rights or options herein
proniderl shall not constitute a u+niver of any rights or options under said note or this mortgage accrued or
Ihercafler accruing.
~n ~lttleSS ~heCeof, the sold mortg:tyor has hereunto signed and sealed these presents the
day and year first above a+rillen.
$igne~, staled and d 'verse in flee presence of
i
c .
........._.._/fin.-~-- ~ ~
_ ~ FRANK SAU S, JR.
~_.-_~_.~.~u- ~ ~ . ~.c1... _ - - .
I
STATE OF FLORIDA,
COCXTY OF ST . LUC I E
I HEREBY CERTIFY that on this day, before me, an
officer duh~ authorized in the State aforesaid and in the C:ounh• aforesaid to take acknowledgments, personally appeared
FRANK SAUNDERS, JR.,
to me known to tie the. perwn described in and who executed the fore¢oing instrument and he acknowledged
before me that he executed the same.
~~'1'1:\F.SS my hand and official seal in the County and State last aforesaid this 15th day of
August D. i9 80.
/
190 AU 20 A~{ ~I~ 57 My Commission Expires: Aug~t 12, 198 .
Ft:EC tNC wcW..D' i3 .
ST.LUCtE CQtfNiY.fl A.
ROGER POiTRAS ~ *
CLERK CtitCJIT CCU~I n ~ c_ '~'`j F • '
496841
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e Q~
ROBINETTE G, OOLEY ~"'•sI%l~ EF ~ .•~~ii
T..;c i~Si1ilC!4^: Yr~^ •+~-,r..t •r~•+~,•+•urrp~~• i
!'bu InAnmr~s/ prcpn>r'd by: Fat.., I
Y
AJrl~r'.(r B['OK~ ( PdGE of st
Port Si. Luce, f ioc ~t;a 33650
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