HomeMy WebLinkAbout1744 and shall perform, comply with and abide by each and etery the agreements, stipulations, conditions and
cot~enanfs thereof, and of this mortgage, then this mortgage and the eatale hereby mated, shall cease, de-
termine and be null and told.
~n~ the mortgagor hen~by further cotenants rend agrees to prey promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either: to prey all rend
singular the taxes, assessments, levies, liabilifie:. obligation:, rend encumbrances of every nature on said pro-
perly: to permit, commit or aujjer no u~asle, impairment or deterioration of said land or the improvements
Iherran of any lime; to peep the buildings noun or herwa/ter on said land fully insured in a sum of not less
than ;~25, 000.00 in fire and windstorm insurance
in a company or companies acceptable to the mortgagee, the policy or policies fo 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 right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor far any surplus: to prey all costa, charges, and expenses, incltuling lawyers fees and title
searches, reasonably incrtr?td or paid by the mortgagee because of the failure of the mortgagor to promptly
and jolly comply wish the agreements, stipulations. conditions and covenants of said note and this mortgage,
or either: fo pe?form, comply with and abide 6y each and every the agreements, stipulation:, conditions rend
cotenants set forth in said note rend this mortgage or either. /n the event the mortgagor jails to pay when
1 due any tax, assessment. instuance premium o? other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same. without tuaiving or affecting the option to foreclose
or any other right hereunder. and ail such payments shall bear interest from date thereof at the highest law-
(txl rate then allowed by the laws of the State o/ Florida. i
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ll any sum of money herein re(er?ed to be not promptly paid within ,20 days next offer
the same becomes dtte, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage. or either, are not fully performed. rnmplied u~ifh •and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, a! the option of the mortgagee, become and be due and payable. anything in said note or herein
fo the contrary nofwilhsfanding. Failure by the mortgagee to exercise any of the rights or options herein
prodded shall not conslitule a waiter of any rights or options under said note or this mortgage accrtred or
thereafter accruing.
~ ~n ~t~t~S ~ttOf, the soil mortgagor has hereunto signed and sealed these presents the
day and year first abate u~ritlen.
$l Ptr, SPa deli 'P prPSPn:P Of : ~
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~I STATE OF FLORIDA,
cot:vTV OF St. Lucie
i HEREBY CERTIFY that on this day, lxfore me, an
officer duly authorized in the State afprrsaid and in the County aforesaid to take ackssowkdgrncnts, petsoruUy appeartd
i
Richard :i. Pascoe and Diane I. Pascoe, his wife,
to mr known to hr the pcrson$ described in and who executed the fore~oin~ instrument and they atknowkdgtd
before me that they cYCCUted the same. . ~Z•Y11.. ttt~tN~Nn„
NIT\ESS my hand and official seal in the County and Stair last aforesaid this ~r~~l ```sue day of
.
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~ G~ NORME !'1tOtia sus of itortd? g! 1~ ; .
MI OosrtrrtM~ion Esarres ~w. Yf.IN1 ~
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5U8033
F.A.Harris,
l7~is lrrslnarrrrd pnprrm! hy: 410 Orange Ave ,
;~,/,/RU Fort Pierce,F1,33450.
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