HomeMy WebLinkAbout0295 ' artd shall perform, comply urIlh and abide 6y each and:eNery the agreements, sttpulations. conditions and
covenants (hereof, and of this morfttarte, then Ibis mortgage and the estate hereby created, shall cease, de-
lermine And be nnll and 1•aid.
~1~ the mortgagor Itert•by further covenants and agrees to pay promptly when due the principal and
interns) and other sums of money provided for in said note and (his mortgage, or either; to pay all and
singular the IQXPS, assessmertls, levies, liabilities, oblittatiorts, and encumbrances of every nature on said pro-
perly; fo permit, commit or suffer no urasfe, impairment or deterioration of said land or the improvements
Iherrcn at any time; to beep Ilte buildings Hour ar hers(ter on said land fully insured in a sum of not less
than BULLY INSURABLE VALUE
in a company or companies acceptable to the mortgagee, the policy or policies !o l,e held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payabht by virtue of such Insurance the
mortgagee shall have the ?iglet to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: fo pny all costs, Charges, and expenses, including lawyers fees and title
searches. reasonably incurrnd or paid by the mortgagee because of the failure of the mortgagor to promptly
and (ally comply with the agreements, stipulations, conditions and covenants of said note and Ibis mortgage,
or either; to perform, comply urillt and abide 6y each and every the agreements, stipulations, conditions and
COI•Prtarlls set forth in said Hole and this mortgage or either. In the event the mortgagor (ails to pay when
dae any tar, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, Ilte mortgagee may pay the same, tuifhotrl waiving or of
feeling the option to foreclose
or any other right hernunder, and all such payments shall bear interest from date thereof al the highest law-
(ul rate 1h~n allowed by the laws of the State of Florida.
1L any sum of money herein referred fo be not promptly paid within THIRTY dnys next niter
the same 6econtes due, or if each mtd every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not (ally performed, rnmplied with and abided 6y, then the entire
sum mentioned in said note, and Ibis mortgage, or the entire balance unpaid thereon, shall jorlhwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary ?toturithslartdi?tg. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not cu?tstiltrte a u•airer of any rights or options under said note or this mortgage accrued or
Iherea f ter accruing.
~n ~I~eSS ~h~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Si e i to reserrce of
_
Cep us W. Cruicksfiank
STATE OF FLORIDA, ~ ,
CO['~TY OF St .Lucie
I HEREBY CERTIFY that on this day, belorc me, an
offifcr duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenar.lx~~}appeared
CEPHUS W. CRUICKSHANK ~`,""•~.~a%
to me krwwn to be the person described in and who caefuted the toregoinq instrument a` ~~;,.•i>~ ~ ~ r
Ixtore me that he executed the same. ~ C •C. J ' " =
~~'IT\ESS my hand and oftifial seal in the County and State last aforesaid this ~ ~ ~ ~ d 2
_ 7~aY4.
Sept . A. D. 19 80 ~ ~ ~ a" ~ '
i
' • ~ ~ • •••f v `
~~_0 NOTA PUBLIC-STATE OF FL~~ DA
' ~ ~ Z 4 AT LARGE
Irt=[ tr.C Ct=~t,r
SLtuCrf cc~~i-~!.ir;. MY COMMISSION EXPIRES:
RQG£R YCITfi,~',,
. - Notary PuDiic, State Of Florins At ~orl;
~ 1„ommissian Expires Aprtl 1. 19Y7
liVaideO Br Res~rva Inwrsno~ Att.
Ben L Bryan, jr.
%is fltJ/!1///!fl/f prrprrrril hy: P.O. Box 3230
~ For! Pierce, Florids gppK34o PrsCE
33450
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