HomeMy WebLinkAbout1100 and shall perform, comply wifk rend abide 6y cock and every the apreentenls, atipulatloni, eondittoru and
rnnenants thereof, and of this mortgage. then this mortgage and fke estate hereby chafed. shnU eeose, d.-
termtne and be null and void.
fke mortgagor hereby further covenants and agrees fo pay promptly when due fke principal and
tnfsresl rend other sums of money provided for in said note and this mortgage, or Nfh.r; fo pay aU and
singular fke taxes, assessments, bvies, 1tn61ltftes, obltgations, and sncumbronces of every nature on sold pro-
perty; to permit, commit or suf
f
er no waste. impairment or deferior+atton of sold land or fke improverrtenfa
lherecn of any time: to 4eep fke 6ufldings now or hereafter on said land /uUy insured in n sum of not less
(lean highest insurable value.
in n company or companies acceptable to fke mortgagee. Ike policy or policies to 6e held 6y, and paynbb
to, said mortgagee. and in fke event any awn of money becomes payable 6y virtue bf suck iruuronce fke
mortgagee shall leave fke right to receive and apply the same to the indebtedness hereby secured. aecountlrt~
to fke mortgagor for any surplus: fo pay all cosh, charges, and expenses, Including Inwyeri fees and tttb
sentrhea, reasonably Incurred or paid 6y fke mortgagee because of the failure of fke mortgagor to promptly
and fully comply wifk fke agreements, stipulations, conditions rend covenants of said note rend this mortgage.
or either;'to perform. comply wifk and abide 6y sack and every fke agreements, sitpulafions, condtttona and
rnvenanls set forth In said note and this mortgage or either. In fke event fke mortgagor (Hilt to pay when
due any tax. assessment, insurance premlwn or other sum of money payable by virtue of said note and this
mortgage. or either. fke mortgagee may pay fke same. without waiving or of
fading !lee option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at fke highest Inw-
ful rate then aQowed by fke lows-of the State of Florida -
' any sum of money herein referred to be not promptly paid within- thirty day= next of
ter
the same becomes due, or if each and every fke ogr+eements, sfipulattons, conditions 'and eouenanb of said
rota and this mortgage. or either. are not fully performed, rnmplltd wifk and abided 6y, then fke enfiro
sum mentioned in said note. and this mortgage, or the entire balnnee unpaid tker+son, shnU forthwith or
tkereofter, at the option of the mortgagee, become and be disc and payable. anything in sold note or herein
fo the eonlrary notwithstanding. Failure 6y the mortgagee to sxercLe any of the rtghb or ~ options herein
provided. shall not rnnstifufe a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~1~ [0`a the said mortgagor has hereunto signed and sealed these presents the
day and year f
i_rst above u~ritfen.
Signed, settled and delivered in the presence of
,Q ~ v.
f~~,A,lti.~t..es..--
----w - - ---MARCHAN -
~L -~~~a.~-- - . ~ t~
~RENE F. JOHNSON -
~ ~u--~-.~.- ~
E
_ - _
s
STATE OF FLORIDA, -
couNTY of St. Lucie
E I HEREBY CERTIFY that on this day, before me, :n
tf officer duly authorized in the Stair aforesaid and in the County aforesaid to talcs acknowkd~ments, personalljr appeared
~ Wynn V. Marchant and Irene F. Johnson, as joint tenants with
right of survivorship
to me known to ~ the prnon g described in and who executed the iorrsoiryl instrument and who acknowkdSed
before me that they a:ecuted the same.
WITNESS my hand and official seal in the County and State last aforesaid this o{~~ daY oI
_ ~ A. D. 19 80
. • %;;'-~.,~G NOTARY PUBLIC
~
5043'74 ~
_ ig~0 G : 22 P~? 1~ ~ 5
rti~re eNr cut <i
~ _ RUGER f'0 ~ Ri ~
K -"r' CLERK CtRCU17 GC.U 8(~
_ o ~ l~ s{~ s sees., - b- - N r ~ ~~l? ~ n ~ r ' ' " - . ~ -
i
3
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k~ fi-,~~.sse c .,ao._ ~ rev.- ~f