HomeMy WebLinkAbout0019and shall perform, comply with and abide by each and every tits agreements, stipulations, conditions and
rnvenanls Ihereo(, and of this morfgarre, Then this mortgage and the estate hereby chafed, shall cease. de-
termine and 6e null and void.
~~ the mortgagor Iten+by (wlher covenants and apses to pay promptly when due the prtnctpal and
interest and outer sums of money provided (or in said note and thb mortgage, or vithsr; fo pay all and
singular the taxes, assessments, leules, lta6ilittea, obligations, and encumbrnncea of every'natttro on said pro-
perly: fo permit. commit or stiffer Ito waste. impairment or deterioration of said land er the improuemenls
fltvnMn at arty lime: to keep the buildings noun or hereo(fer on said land (idly Insured in a sum of not less
than highest insurable value
itt a company or rnmpanies acceptable fo the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, acid in the event any sum of money 6ernmes payable 6y virtue of such Insurance the
mortgagee shall have the right fo receive and apply flte same to the, Indebtedness hereby secured, acrnunfing
to the mortgagor for any surplus; to pay all costs, charges, and expenses. including lawyer's jeer and title
searches, reasonably incurred or fxtid 6y the mortgagee because of the jailttre of the mortgagor to promptly
anti (idly comply with the agreements, stipulations, conditions and rovennnta of said note and this mortgage,
or either: to perform, comply with and abide by each and every the agreements. stipulations, conditions and
covenants set forth to said note and this mortgage or either. In the event the mortgagor jails to pay when
due arty tax, assessment, insurance premium or other :ttm of money payable by virtue of said note and this
mortgage,- or either, the mortgagee may pay the same, without waiving or ajjecting the option fo foreclose
or arty other right hereunder, and all such payments shall bear interest from date Ihereoj at the highest law-
f ul mte then allowed by the laws of the State of Florida.
7l any sum of money herein referred to be not promptly paid within fifteen days next njfer
the_ same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either. are not jullp performed, 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
fhereajtet;•at the option of the mortgagee, 6ernme-and 6e due and payable, anything in said note or herein
to the contrary nolu~ifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not cortsfifttfe a waiver of any rights or options tinder said note or this mortgage accrued or
Ihereajfer accruing.
~n ~I~~SS ~~~fr the said mortgagor has hereunto signed and sealed these presents the
day onrl year firs! above tvritfen.
Signed, sealed and delivered in the presence oj: . /-
ie Adams
~~
..~_ .
STATE OF FLORIDA,
cc)t11TY t )F ST . LUCIE
• I HEREBY CERTIFY that on this day, be(orc me, an
otticrr duly authorizrd in thr Stair aforesaid and in the County aforrsaid to takr acknowledgmrnu, prrwnally appeared
JULIE L. ADAMS
to mr known to br the prnon described in and who ezrcuted thr torrgoinq instrument and She ackttowkdRed
Ixtor~• me that 31'le rxrcuted the same. .~/~
k1 I7:\ESS my hand and o([icial seal in thr C;aunty and Statr last aforesaid this p(10 ~ day of
~~ /"' _ A. D. 198 ~ .
I~~Q ~~ - ~ ~ ~; ZZ Not ry P tic
My commission expires:
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MY ~CNlti11SS:nN E.Lrli•!. `;pi ti 1981 ~~
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