HomeMy WebLinkAbout1376 and shall perform, rnmply with and abide 6y ench and every fits agreements, stipulations, condittoru and
covenants thereof. and of this mortgage, then this mortgage and the estate hereby created, shall cease, ds-
(ermine and 6e null and void.
~nd the mortgagor hereby further covenant: and agrees to pay promptly when due !hs principal and
interest and other sums of money provided (or in snid note and this mortgage, or either: to pay all and
singular the faxes, assessments, levies, ltabililies. obligations, and encumbrances of every Walrus on said pro-
pe?fy: to permit, commit or suf
ter no waste, impairment or defertorotlon of said land or the improvements
theeron of any lime; to keep the buildings now or hereafter on said land fully insured in a sum of not le:s
than
in n eompnny or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee. and in the event any sum of money becomes payable 6y vi?tue of such insuronce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting '
to the mortgagor (or any stuplw; to pay all costs. charges, and expenses, including lawyer i fees and title t
searches, reasonably inctured or paid by the mortgagee becawe o/ the /allure of the mortgagor to promptly
and (ally comply with the agreements, sfipulnttons, conditions and covenants of said note and this mortgage,
or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and '
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and (his
mortgage, or either, the mortgagee may pay the snore, without waiving or of
jecfing the option to foreclose
or any other right hereunder, and all such payments shall bear interest from dale the?eoj of the highest- law-
f ul rote then allowed by the lows of the State of Florida.
~l any sum of -money herein ref
erred fo be not promptly paid within thirty~~-~ days next of ter
the same becomes due, or if each and every the agreentenfs. stipulations, rnndilions and covenants of said `
note and this mortgage, or either, are not fully performed, rnmplied with •and abided 6y, then the entire
sum mentioned in said note, and this moNgage, or the entire balance unpaid lherron, shall forthwith or
(hereafter, at the option of the mortgagee, become and be due and payable, anything in :aid note or herein i '
to the contrary notwifhslanding. Failure 6y the mortgagee fo exert:•ise any of the rights or options herein 3
provided shall not constilttle a waiver of any rights or options under said note or this mortgage ucrnted or y
Ihereaf ter accruing. ~ ;
~n ~~u1eSS ~he~eof, the :aid ma?fgagar ha: h !o signed and sealed these presents the
day and year first above written. _ ~ /
~ ~
Signed, se d and delivered in the presence of
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.fib----~/ ~•.W ~!.~IY.K.___... _
i
~ 1
,~c .
'i STATE OF FLORIDA,
~ COUNTY OF ST LUCIE
i HEREBY CERTIFY that on this day, before me, an
I '
otficer~ duly authorized in the Stag aforesaid and in the County aforesaid to take acknowledSments, personally appeared
i
to me known to be the person described in and who a:seated the forcgoins instrument and acknowkd~ed
i before rr?e that etcecuted the same.
WITNESS my hand and official seal in the County and State last aforesaid this ~ ~ day- of
A. D. 19 ~O
S~U09~49 -
~ l~0 Sir 25 F:: 2~ 16
' c ~ stir cl:~.~c c NoT,~ur fh~euc u~>E t~
Si.IU~!('000'iiY.l l A. MY COMMISSION EX1tt~FS MgYlL1A. 1? f9ttfA4
RcJfs_i: PQi. F.:S
C.~FR G'~ =i:. i NGt~OfD TFff;V Gf?'1ERAL INS. ~RWRITERS
J
i ~j,tNNrNtn,~ • _
I%is Lwnuiicn/ p,rpn,ra by:
M.B.Freeman ;f•~~,i:.;+~r :,;1::1';x`
At/~/rru Sun Bank of St. Lucie County '''o~,C~<''- . ~;.r'.':'
P.O. Box 8, Ft. Pierce, FL 33454 - • . ~ti} ~I:,r'.
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