HomeMy WebLinkAbout0828and s1,a1! pe.Jo-m, co-nply ivith and abide by eath and every the aY~'eeme~its, stipulutans, co-~ditions and covenants the.eo~, and
of this mortgage. then thts mo-tga~e a~d the estate he-eby aeutcd,shall cease, dete~mirie and be rn~ll and twid
~(1d the ~-w.tgagor I~ereby fu-ther cc~ve-wnts and 4~rees to pay p~omptly wl~en due the p-incipaland interest and
other sumt oJ--wney p.ovided jor in said note and this rno.t~ugt, o- either; to pay all and singui~r tht taxes, assessments. kvies.
Ii,.b~7itiet, obligations, and encu~nbrances oJeve-y nature on said property; ro pcnnit, co-nmit o- suJfe. no waste, irnpai.mtnt or
dttt-io-ation of soid la~u1 or the in~p~ovements tht~eon at miy timt; to ~Ceep d~e Guildings ~wK• o- hereafter on said laru! fully in-
s,~.ed in a su~n of ~~ot lus than FULL INSURABLE VALUE •
rn a company or comy~-iie~ occeptable to the mortgagee, the poticy or policies to 6e heW by,and payo6le to,said mo.tgagee,nnd
ia tht event any sum o~ r-w.uy 6«om~s ~yabte 6y -~~nue of sucA i-uu.a-ue the mortgapee shall have the ri~ht to .eceive and
apply the same to tlie i-~debted.iess here6y seeured, accountiny to tht mortgagor for any surpfus; to pay all costs, charges, and
experues, iacU.ding lawye.'s fees und title sea-ches, ~easo~wbly incurstd or paid by tht -nortgagee because af the failure oJ the
mo-t~~or to promptly and fuliy cornply wi[6 the apreements, stipufations. conditions ar~d cove.innts o~said nott o-u! tl~is mori-
gagt, or either; to perJonn, comply with and abide by each and evay the ugree~nents, stipuTatio.u, conditans a~uJ cove.wntt
set forth in said rwte and this nwri~q~aye o~ either. In the cvent the mo-tgugor Ja~u ro ~y ~~Hen dwe any tux, assessment, insur-
anct premium or other sum of:-~~~~y ~yabre by ~p~,.~ o~said note a~d this mort8agt, or eitlier. tht mortguget may pay the
samt, without ~~aving or uffecting tl~e option to forecbse o~ miy other ri~ht he.euader, nnd aTl siith payments shall beor inter-
ut fiom date tHe~eof at the highest lawful rate then alfowed by the bws ojthe State o~Florida
~t u~~y sum of nwney herein rtfe-red to bt not promptly paid witkin 3~ days »ext after tAe same becomtt
dut, or iJeach and every the agreements, stipubtions, conditions end covrnnnts of snis~ note a.ul this mortgage~ o~ eitha, nre
not fuay ~.Jo~med, complied witk a-u1 abided by,~t3~en the rntire sum mentioned in said note, nnd this mortgage, or tht e»-
tire baimut ur~pad tHereon, shall forthwith or the.eaJta. at tke optan oJtHe mortgagee, 6ecome due andpayaMe, anythin~
in said nott o~ herein to the contrary notwithstanding. ~Feilu.t 6y the rnortgagee to exercise any of tht rigHts o~ optant he-c~
in provided slal[ not constitute a waiver of any rights or opfions under said note or thes mo.tgage accrued or thereafter accru-
ing. ' .
~n ~{~i tn ess {~hree of ~ tht snid mo~tgagor hat hereu-ito signed and sealed thett prtstnts tbt day and ytas
first above w~itten.
Sig~ud, seuled ar~ delit~er~d in the p.eser:ct of.• ~
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STATE OF FLORIDA, ~ ~ - r- .^ ••'
COUA'TYOF Saint Lucie
I HEREBY CERTIFI' that on this da}, bcfore mt.
an officer dul~• authorizcd in che Staee afuresaid and in the Countt• aforesaid to take ackno~•ledgements, personally appeared
Mary Pegues i~ James Pegues
to me know•n to bc the person dcscribcd in and w•ho cxecutcd thc forcgoing instrumcnt and They acknow•ledged
bcforc mc that They exccutcd thc same. '•
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22nd '.~':.....,, : ,
1t IT\ESS my hand and official scal tr. thc County and S~atc last aforesaid this ~~ ~~''~~,~ ~3albf ~.
January A. D. 19HI _~' •~ V i~=
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This instrument prepared by
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MO~t/~ /I~K it~-1! Cf 110L~~ ; ~,
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Roger Keilholtz
Rehabilitation Specialist
Planning Z Develcpment
ADDRESS:
City nf Ft. Pierce
P.O.Qox 1~80
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