HomeMy WebLinkAbout0973 and shall perform, comply with and abide by each and every fhe agreements, sttpulatioria, conditions and
srovenanls Ihe.eof. and of Ihis ntortffape, Then this mortgage and the a:tats hereby created, shall cease, ds-
te?minP and he nuU and ibid.
the msrtgagor hereby further Covenants and agrees to pay promptly euhen due the principal and
interest and other sums of mo?tey provided jar in said note and thls mortgage. or either; to pay all and
singular the taxes, assessmPrtls. levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty: to pPrrrttl. commit or stt(fer rto waste, lmpairmertt or deterioration of said land or the improvements
lhereCn nt ariy IimP: fo keep the buildings now w herPa(!Pr art said land (ally insured in a sum of not l__s
than ---------FULL INSURABLE VALUE--------------------------------''---
Jn a comtrany or Companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said morlftageP. and in the Prent arty sum of money becomes payable 6y virtue of such instsrnnce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jar any surplus; to pay all costs, charges, and expenses. including lawyer's fees and title
searches. reasonably incurred or paid by the mortgagee because of the failure of fhe mwlgogor to pratmptly
and jolly comply u?ith the agrermertts,•attpulations, conditions and covenants of said note and this mortgage.
or either, to perform, comply with and abide by each and every the agreements, alipulatians, conditions and
covenants set forth in said note and this mortgage or either. /n 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
rrtwiguge, ur eifner, the mortgagee may pay the same. without waiving or affecting the option !o foreclose
or any other right hP?~ttrlrlPr, and all such payments shall bear interest from date thereof at fhe highest law-
jUI MIP IhPn ail0llre(I by //IP IaluS Oj IhP Stale Oj ~IOrlda.
arty sum of money /rereirt referred t0 be not promptly paid wifhinTHIRTY days next after
IhP same /rPCOmes dire, or ij each and PvPry the agreements, stipulations. Conditions and covenants of said
note and This mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum meniionPd in said note. and Ihis mortgage, or the entire balance unpaid !hereon, shall forthwith or
thereafter, al !hP option of the mortgagee, bPCOMP and bP due and payable. anything in said Hole or herein
to IhP contrary notwithstanding. Failure by IhP mortgagee to Pxerrise any of the rights or options herein
provided shall not COnSt/l1ltP a waiver of any rights or options under said Hole or this mortgage accrued or
thereafter accruing.
~n ~itntSS ~heeeof, the said mortgagor has hereunto signed and scaled These presents fhe
day and year first above rorilfen.
f tg d. sea / ' t ~ liver / ?t, Ih pr senCP of
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~ AULINE D. VINCENT
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' STATE OF FLORIDA,
COL'1TY OF ST. LUCIE
I HEREBY CERTIFY that on this day, before tae, an
officer duly authorized in the State aforesaid and in the County afarr•said to takr acknowledgments, personally appeared
PAULINE D. VINCENT
to me known to tx• the person described in and who exerutcd the foregoing instrument and She acknowledged
txfore me that She executed the same.
loll-\ESS my hand and of(iria{ seal in the County and State {ast aforesaid this 301'1 day ~
October A. D. 19 80 '
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