HomeMy WebLinkAbout1756 and shall perform, comply with and abide 6y each and every the agrwmenle, stlpulafiona, conditions and
covenants thereo/. mid of this morfpape, then this mortgage and the estate herby created, shall cease, de-
termine and 6e null and void.
the mortgagor hero6y further covenants and agrees to pay promptly when dw the principal and
tnterrst and other sums of money provided Jor (n said note arty th4 mortgage. or either; to pay all and
singular the lazes. assessments. levies. liablliltes. obligations, and encumbrances o/ every nnftu~e on said pro-
r perfy; to
perntif. rnmmit or suffer no urasfe, impairment or deterioration of said land or the improvements
fherrcn at any time; to keep the buildings now o? he?eajier on said land fully Insured in a sum of not feu
Ihan
in a company or rnmpaniea acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortpagee, and in the event any sum of money becomes payable 6y vtNw of such insurance the
moNgagee shall have the right to recrtue and apply the same to the tndebtedneu hereby secttred, accounting
to the morfpapor for any sttrplta; fo pay all rnsts, charges, and expenses, including lawyeri lees and tilt
senrrhes, reasonably incurred w paid 6y the mortgagee because of the /ailtu~e of the mortgagor to promptly
and fully comply wish the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the ngreemenb. stipulatioro, conditions and
covenants set /orfh in said note and this mortgage or either. In the event the mortgagor /ails to pay when
dw any tax, assessment, insurance premium or other sum of money payable 6y vtrtw of said note and this
morfpape, or either. the mortgagee may pay the snore, "without waiving or of
fecfing the option to /oreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law-
f ul mle then allowed by the bw, of the State of Florida. .
any sum of money herein ref
errrd fo be not promptly paid within 30 dnyi next after
the same becomes due, or if each and every the agreements, stipulations, rnndifions-and wennnls of said
note and this mortgage, or either, are not fully performed, compiled with and abided 6y, then the entire
sum mentioned in said note, and this mo?tgnge, or the entire balance unpaid eherron, shall forthwith or
thereafter, at the option of the mortgogee, become and 6e due and payable, anything in said note or herein
fo the confrory nofu?ilhsfanding. Failure by the mortgapee to exercise any of the rights or options herein
provided shall not cortstittrfe n u~niner of any rights or options under said note or this moNgage accrued or
Ihereaf lvr nccruinp.
~n witness thereof, the said moNpapor has hereunto sipned and sealed these presents the
rise and year linE shove tvriffen.
rSigru~. sealed and deli red in the presence of
~ ~4i~^ _ - .
STATE OF FLORIDA.
c~uNTY of _ST. LUCIE '
I HEREBY CERTIFY that on this day. before me, as t
o((irer duly authorized in the Stag aforesaid and in the County aforesaid to take acknowbedgments~ pertanally appeared
JACK L. WEBB
~ to me known to be the person described in and who executed the (oregoinR instrument and he acknowkdEed
i
I before me that he executed the same.
4 Wi7'NESS my hand and o((ieia) sral in the County and State last a(onsaid this 2nd day of
E
September A. D. 19 80
. ~ ~ ~ - uar~tn ancte u~ a e!?ata nr ~
; y : : ~ t":" 24 P1: ~ ~a?cotwwsstoNovtns w~. ai Ni:
• _ ~~wr1~K Ni• t~RWlltt~
i
l7iu hWruaan/ prrpanrd by: Robert A. Van Natta, Attorney at Law
5505 Killarney Ave., Ft. Pierce, Florida, 33450
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3~1 r~i751
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