HomeMy WebLinkAbout1232 and shall pe?jorm, comply with apd abide 6y each and every the agreements, sftpulafto?is, conditions and •
covenants Thereof. and of this mo?f{tape, then this mortgage and the estate hereby created, shall cease, de-
fermine and be null and void. -
~d the mortgagor pert+by jtuther covenants and agrees to pay promptly when due the principal and
trtferesl and other sums of money provided jor to said note and fhlt mortgage. or effher; to pay all and
si?tgtrlar the taxes, assessments, levies, llnbililies, oblignfions, and encumbrances of euery nafwe on said pro-
perly; to permit, rnmmit or suffer no waste, impairment. or aeferioralion of said land or the improvements
Iherncrt al arty limp; fo keep the htrildings Hour or hereafter on said land fully insured in a sum of not less
than highest insurable value -
irt a company or companies acceptable to the mortgagee, the policy or policies to he held by, and payable
to, said mortgagee, and in the event any sane of money becomes payable by virtue o/ such insurance the
mortgagee shall have the right to receive mtd apply the same to the indebtedness hereby secured, accounting -
to the mortgagor jor any sttrpltts; fo pay all rns1s, charges, and expenaes, including lawyer i fees and title
searches. reasonably incurred or paid 6y the mortgagee 6ecatsse of the jatlure of the mortgagor.to promptly
and jolly comply with the agreements, stipulations, concltlions and covenants of said note and lht: mortgage,
or either: fo perform, comply with and abide 6y each and euery 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 lax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without uraiving 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-
jul rate then allowed by the faros of the Slate of Florida.
l` any sum of money herein re%md fo 6e not promptly paid within thirty days next offer
the same becomes due, or ij each and every the agreements, stipulations, conditions and rnvenanls of said
note and this mortgage, or either, are not fully perjotTr?ed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of 1lte mortgagee, become and be due and payable, anything in said note or herein
to the contrary rtoltvilhslanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not conslihtfe a U~a11~Pr of any rights or options under said note or this mortgage accrued or
lherea f
ter accntirtg.
~n witness ~hl~!'@nf, the said mortgagor has hereunto signed and sealed these presents the
day and year f
irsf above u~ritlen.
Sig?ted, sealed and d livere in he prose of
SUN REALTY OF FT.PIERCE,INC.,
Florida Cor oration
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STATE OF FLORIDA, ~ ~ ~
C.(7LT1TY OF St. Lucie -l.,~ - '
I HERE- is day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to uke acknowledgments, personally appeared
CLAUDIA H. McKEEVER, as Executive Vice-President of Sun -
Realty of Ft: Pierce, Inc.
to mc_ known to be the person $ described in and who executed the foregoing instrument and theyck~N'~!~
lxfore me thatthey executed the sa?nt.
~Y17'NESS my hand and official seal in the County and State last aforesaid this 21St day of
October A. D. 1980
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1~~~ C~ ; 22 3=
ltt~. ('=4;[ ~~4.' at<, ;gt ~z .•ItiDA Al ~AR•:,7
CtEBKeI^:li;; . ,;i: Mr • . • txv!z~•.::r' io8t
i ~ ::r:~+~~ ..R.at .r: :1~aR,.R:'fR5 ;l.
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%is hulnii»csl >r try b JOHN EDGAR SHCRRA,RD _~}~,i~~'-~a.•••,
P ~ y' A!Scrney Ai Law 'I~'4 - • 5ii~s ~
Addirxs 203 S.:n,~.i~n-River Drive 'h,t
- P. O. Box x332 - @Q
jK341 P~~E1230
~ Fort Pierce, Florida 33450
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