HomeMy WebLinkAbout0575a-trl shall perform, comply u~iflt and abide by each and • every the agreeglentl, altpulations, conditions and
covenants thereof, and of this mortga(e, then this mortgage and the estate hereby created, shall cease, de-
ferminP and be null and void.
~~ the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
irtfernsl and other sums of mo-tey provided for in said Hole and this mortgage, or either; fo pay all and
si-tgular the faxes, assessments, levies, liabilities, obligations, and encumbronces of every nature on said pro-
perly: to permit, commit or slit ter -to u~asfe, impairment or deterioration of said land or the tntprovements
IhPP(M-t al arty limp; fo ItPPp IhP buildi-tgs now or hereafter on said land fully insured in a sum of not less
than highest insurable value _
in a r~ompa-ty or c-ompa-tiPS accPptablP to the mortgagee, the policy or poltcies fo be held 6y• and payable
to, said mortgagee, and in fhp event arty sum of money becomes payable 6y virtue of such Insurance fhp
mortgagee shall bane the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor (or any. surplus: fo pay all costs, charges, and expenses, including lawyers fees and title
searches, reasonably incttrrerl or paid 6y the mortgagee because of the failure of the mortgagor fo promptly
and fully comply with flte agreements, stipulations, conditions and trouenants of said note and this mortgage,
or eillter: to perform, comply u-ifh and abide by each and every the agreements, sfipt-lafions, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without u-aiving or affecting the option to foreclose
or any other right herPtt--der, and all st-ch payments shall bent interns! from date thereof at the highest lau--
f ul mte then allourerl by 1hP laws of the Staff of Florida.
~l arty strm of motley herein referred fo be not promptly paid within 30 days next after
the same becomes dtte, or if each and every the agreements, stipulations. conditions and covenants of said
note and Ibis mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said riots, and this mortgage, or the entire balance unpaid thereon, shall /orfhwith or
thereafter, at tltP option of the mortgagee, become and 6e dtre.and pnya6le, anything in said note or herein
to IhP conlrnry nofu~ilhsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not consfifufP a waiver of any rights or options under said note or Ibis mortgage accrued or
fhernafter accruing.
~n ~ttlleSS ~heCeof, flip said morfcrayor has IterPtrnfo signed and sealed these presents fhp
day and year first above tvriften.
Sig sealed and dPlivPrnd in 1hP prnsence of
- ~ ~Ll.C(A~ ~ ... .... ................. ...........
STATE (~F FLORIDA,
C(n'~7•Y (~FSt. Lucie
THERIN'GTON - - - - ---~ - - - -
_ AL~
I tfEREBY CERTIFY that on this day, before me, an
officer duh• authorized in the Stair aforesaid and in the County aforesaid to take acknowled¢mrnu, personally appeared
GERALD WEATHERINGTON and DOROTHY WEATHERINGTON, his wife,
to mr known to 1>,• thr prrsorrS deurilxd in and who executed the forr¢oin¢ instrument and they acknowledged
hefon• rnr that they rxecuted the same.
~~77:\ESS my hand and official sral in thr (:ounty and Stair last aforesaid this ~ ~ ~ day of
December ;~ D 19 80
5U915'~ Q-lt~~
1980 OEC -3 AN I1= O 1 - _...- -__ ._ ..... .... .. . .
NOTARY PUBLIC
i1lEl) -NC F~COB[1jD
SLLUCIE CCUMTY. A.
ROGfR POl tt RM
CLERK CIRCUIT C..JaT
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