HomeMy WebLinkAbout1759avid shall perform, rnmply with and abide 6y each avid every the agreeme-Ifs, stipulations, conditions and
covenants thereof, and of this mo-fgatle, then this mortgage and the estate heroby created, shall cease, de-
tP-mllle a/ld be /lull avid IM/rl.
~11d file mort{factor hereby further rnverlants and agrees to pay promptly when due the prtnctpnl and
interes! avid other sums of money provided for in said note and this mortgage, w either: to pay all. and
singular the taxes, assessments, levies, liabilities, obligations. and encumbrances of every nature on said pro-
perty: fo perntil. commit or suffer no urasfe, impairmerll or deterioration of said land or the Improvements
tlterecn at n-ly time; fo keep the buildings nou• or her/wf ter o-1 said land fully fnslued in a sum of not less
titan
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
fo, said mortgagee. avid in the eve-If arty sum of mo-ley beeomea payable 6y virtue of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
fo file mortgagor for arty slrrpltls; fo pay all costs, c•llarges, and expenses, including lawyeri fees and title
searches, reasonably incurred or paid by the mortgagee because of the failtu'e of the mortgagor to promptly
and fully comply urith file agreenlerlts, stipulations, conditions and rnvenanfs of said note and chi: mortgage,
or eiflrer; fo perform, comply uritll 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 fails to pay when
due arty tar, assessment, i-IStrra-ICe premium or other sum of money payable by virtue of said note and Ibis
mortgage, or eilller, file mortgagee may pay the same. without luaiving or affecting the option to foreclose
or any other right herell-Ider, and all such payments shall bear interest from date thereof at the highest Iaur-
(ul rate then alloured by the lours of the Staff of florida.
ll any sum of money herein referred to be not promptly paid within thirty days Went after
the same becomes due, or iJ each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, nee riot fully performed, rnmplied with and abided 6y, then the entire
sum mentioned irl said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
fo the contrary nollrrifhsfa-Iding. failure by the mortgagee fo exercise any of the rights or options herein
provided) shall not constitute n waiver of arty rights or options under said note or this mortgage accrued or
fhereofft•r accruing.
~Il ~lbl~SS ~heeeof, fire said mortgagor has llernlrnto signed and sealed these presents the
day and year first above urritten. ~
Signed, sealed and delivered in the_prnsence of : ' '
- ~" ~ f T ma P. Sloan /'
" C.~
~l> .
- Adrienne C. Santoro
STATF. OF FLORIDA, i
COL'YTY 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 aforesaid to take ackrwwledgments, personally appeared
Thomas P. Sloan and Adrienne C. Santoro
to me known to bq the person S described in and who executed the tore¢oinq instrument and they acknowkdtsed
Itetore me that thegxecuted the same.
WI7:\ESS my hand and official seal in the County and State last aforesaid this ~~j'~ _ Y_,Q(
S~.
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Sl. L!lCIE CC~UTt T Y. F l A.
ROGER POITft.'.5
CLERK ClRCli~l CGUi•1~
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~ l7iu I,w,TanE,rt prrparrrl by:
Arldrxs Harold H. Goldman, Esquire
- 8028. S. Federal Highway
Port St. Lucie, F1. 33452
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