HomeMy WebLinkAbout1194• •~' j ~ . ~~
artd shall perjo-m, comply u,itlt and abide 6y eae~t and every ~th'e111<greemenls, stipulafioris, conditions and
covenants thereof, and of this mortgage, then this mortgage and the a:fats hereby created, shall cease, de-
termine and be -utll and twirl.
the mortgagor heri~6y jtuther covenants and agrees to pay promptly when due tits prindpal and
interest and other sums o/ money provided jor in said note and this .mortgngs, or either: to pay nll and
singular the faxes, assessments, leufes, liabilities, obligations, and encumbrances of every nature on said pro-
perty: fo permit, commit or strjjer rto wa:fe, impairment or deferiorotion of said la-td or the improvements
fhetrcn at arty lime; to Iteep the buildings now or hereafter on said land fully insured in a sum of not less
than highest insurable value
in a company o- companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee, and in the euenf any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the' right to receive and apply the same to the indebtedness hereby secured. accounting
to the mortgagor jor any surpltu; fo pny all costs, charges, and expense:, Including lawyer s /ees and title
searches, reasonably Incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and rnvenanfs of said note and this mortgage,
or either; fo perform, rnmply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails fo pay when
due any tax, assessme-tt, 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 waiving or njjecting the option to foreclose
or any other right hereunder, and all such payments shall 6eor Interest from date thereof at the highest law-
jtrl rote then allowed by the latus of the State of Florida.
~` any sum of money herein referred to 6e not promptly paid within 30 days next after
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 jolly perjotmted, rnmplted with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the enttne balance unpaid thereon, shall forthwith or
thereajfer, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary nolu~ifhstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not co-tsfift-te a waiver o~ any rights or options under said note or this mortgage accrued or
tlterea jter accruing.
~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first alwve trriffen.
Si d. SPOIPd a/ld dellDPrPlI in the pre5e11CP Oj: _ '
~~~~
--. ~~ 4~ -
STATE OF FLORIDA,
coc,'\TY OF St. Lucie i
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County atorcsaid to take acknowledgments, personally appeared
PEGGY WILLIAMS
to me known to be the person described in and who executed the foregoing instrument and she acknowledged
before me thatshe executed the same.
~~ I7 ~\ESS my hand and official seal in the County and State last aforesaid this / day of
~~~ A. D. 19 80.
~e1nn ,,YY /~ ~LGtL/
~UV ~C _8 M ~~ 45 ................................~-•~ ~ ~-- --...... •--- ~----. ..... ---•---.._..__...-•---
NOTARY PUBLIC
fILEQ aNC FrCOFOf'0
SRO~GER 0 RASA
ttER1S CtRCIifT C4ilF7li~/
.iy,u.ii}~,~ .
....
..:. .,
. ~`
~ ~h -
~11MC1A L 1~
~~ ~ spate d (~~ ~ 1a~
Msl~e^ Exprss.NK»1f~r1N~
,,
~ ~~~
1
%u3 /ittln»n~»1 prrpnrr-If hy:
Addrr~r
orb .. . S
~~ P6CF~
I ~
.a