HomeMy WebLinkAbout0916 and shall pe?f
orm, comply with and abide 6y each and every the agreements, stipulation's, conditioru and
covenants tltereoJ, and of thta mortgage, then this mortgage and the estate hereby created, shall cuss, de-
te?mine and Ge null and twirl.
T11~ the mortgagor hereby further covenants and agrees fo pay promptly when due fhs principal and
inte?esl and other sums of money provided for In said note and this mortgage, or either; to poy all and
singular the lases, assessments, levies. I1abilllies, obligatio?ta, and encumbrances of every naluro on said pro-
perty: to permit. commit or strjjer no u?aafe. impairment or deterioration of snid Iwnd or the improvements
IhPfPCn al any limp; fo keep the buildings now or he?eajfer on said Land jolly insured in a sum of not lee
than
in a company or companies' acrepla6le fo 1he mortgagee, the poltcy or policies to be held 6y, and payable
to, said mo?fgagPP, and in the event any sum of money 6ernmes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same !o the indebtedness hereby secwed, ac~counfing
to the mortgagor for any surplus; fo pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably inctrrrecl or paid 6y the mortgagee 6ecatue of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations. conditions and rnrenanls of sold note and Ihts mortgage,
o? 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 tar, assessment, insurance• premium or other sum of money payable 6y virtue of said note and this
mortgage, or eiflter, the mortgagee 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 at the highest law-
fnl rate tllen allOlve<I bV tI1P Iarr•s Of fhP Staff Oj Florida.
~i ally Sllnl Of mOfIPY IIPrPIn referred t0 be not promptly pafd within thirty day! next after
the same bPCOnleS due, or if each and PFPry the agrPPmPt1tS, stipulations. rnndifions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, Ihen the Pnfire
sum mentioned in said rtotP, and Ihis mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of Ilte mortgagee, bernme and 6e due and payable, anything in said note or herein
fo the contrary note*tlllsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not conslflule a waiver of any rights or options under said note or Ibis mortgage accrued or
fllPmaf ter accruing.
~n witness ~heCeof, the sai°cl mortgagor Iles hPlPrlrtlo signed and sealed these presents fhP
day and year first above IPrltterl.
$igrlPd. SPOIPd alld d/ell l~ererl In the pre51'IIl'e Of : / / ~ ~ ,
f l
/ t~Al'11'IETTE F._ SHI FFLE
i
STATE OF FLORIDA, ~ - '
COI'\TY OF ST. LUCIE
I NERF.BY CERTIFY that on this day, before me, an
officer duly authorirrd in the State aforesaid and in the County afor~•said to take acknowledgments, personally appeared
JEANNETTE F. SHIFFLETT, a single adult -
to mr known to hr thr• person descritxd in and who er:rcutrd the foregoing instrument and She acknowkdged
Iw•fr~rr rnr that She executed the same.
~~'IT\ESS ury hand and official seal in th~• County and Stat~• last aforesaid this ~ day of
i
October D. I9 80 -
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f< ~••!l CAI. r!•CLrts•[t
tc TR/ai rdUTART ?tJkIC STATE .ft e,_
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I - - Mr ~MKSIQrE1WRES ~11G. 13 19t~~,,•`~;} ~ ;
` K~KNO >'HRU .fNrRA( INS t?N[KRWR17~ ~
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. ~ James C. Orel s `~'r:
%il /utlni?nnH prrpnrc/ hy: ~~r91 tan:enraa i isle Cor:~~a^ $'(P~''..!'
r1 clilitxt P U. flax 3719 - - .
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