HomeMy WebLinkAbout0648 and shall perform, comlrly tt~it?t a?td abide by earh a?td every the agreements, atipulationss, condifioru and
covenants thereof, nerd of !Iris ma?fflape, then this mo?tgagp and fhp estate hereby created, shall cease, de-
termine and be null and void.
~nd flip mortgagor Iterel,y further covenants and agrees fo pay p.?omplly when due the principal and
fntprnst arrd other snot: of atortey provided for to saitl nofo nerd this mortgage, or either: fo pay all and
singular flip faxes, assessments,- levies, liabilifirs, obliffafions, and encumbrances of every nature on said pro-
perly; fo permit, commit or sttjjer ?to waste, impairmertf or defe?iorolion of said Ia?td or the improvements
therncn at any Pimp: to keep the buildings non, or hernajter on said land fully insured In a sum of not less
than full insurable value
in a company or companies atrepfable to flip mortgagee, the policy or policies fa be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue o/ such insurance the
mortgagee shall have the rigltf fo rereivp and apply the camp to the indebtedness hereby secured, accounting
fo the mortgagor for any srtrpltts; fo pay all costs, charges, and expenses, including lawyers fees and title
searches, rnaso?rably incurred or frail by the mortgagee becatue of the failure of the mortgagor fo promptly
and jolly comply u~ifh the agreente?tts, stipulations, conditions and covenants of said note and this mortgage,
or either; !o perform, comply wish and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the etrenf the mortgagor jails to pay when
due n?ty fax, assessment, irtstrrartce premium or other sum o/ monPy payable by virtue of said note and this
mortgage, or either. the mortgagee may pay the same, without wairing or affecting the option to foreclose
or any other right herettrtder, urtd all sorb payments shall bear interest from date thereof at flte highest (aw-
jut rote then allowed by the Iau~s of the 4fafe of F=lorida.
J` any sum of money herein rpjprrnd to be not promptly paid within thirty days next offer
the same becomes dire, or ij each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not jolly perjorT?red, complied with and abided by, then the enfi-e
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or herein
to fhp contrary nafu~ifhstanding. Failure by the mortgagee fo exercise any of the rights or options herein
provirbYl shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereat ter accruing.
~ ~n ~ltlteSS ~heeeof, the said mortgagor has hereunto signed and sealed these presents the
day and year just above u~rillen.
and d ern Ise vac oj: l - . i~
` `
- - - -Ronald E. Richards
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STATF. OF FLORIDA,
COC\TY (1F ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
officer duly authori,ed in the State atoresaid and in the County aforesaid to take acknowledgments, prrsonally appeared
RO8IALD E . RICHARDS
to me known to tx• the ps•rson dexritred in and who executed the forrgoinq instrument and he acknowledged
Fxfore sae that he rxecuted the same.
~~'1"IXESS my hand and ofti:ial seal in the County and State last aforesaid this 31St ~;y o/
October 80. ••"~'.i`~''
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~ Nc~tar~ Public / = ~ "~-r..''~=\-
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~ State of Florida < ~
My coTllmission expired;-
tdpTA.RY PUP.LlC 5? • ?E flCRIDA /1j U~1t-%i
Mf Gam;: ~ - ~ ~ • ' • Xc 5 C;~i 16 19b~
I~pt~GED 1rtiK.. -..,•c JtJDERW(ct~tJRS t
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%u Inur,,,,rr•ul Pn"pr,It7! hy: Scott M. Kenney
Attorney At Law GR ee~~
- 515 S . Indian River Drive BU~rK ~4J POLE 647
Fort Pierce, FL 33450
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