HomeMy WebLinkAbout2399
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and sllall pf'rform, compl, with and (Ibid. Ly e~ and .VW'j tht' ag/'HIM..u.. d'pulouon.. oonciuHH\.t and
col'C'nanh thprrof. anel 01 this mor'gag., fh~ n thl. "\ortgO'JB aM th. ..'a'. ~,",b:s CNGt.J, .haU ""'". d..
tprmine and I:i' null anel l'olel. '
Inti till' mortgagor hen.h, furfh(fr covenan" and 09"'(>' 10 poy ~mp'" wh.n dIU II.. principal and
int('rest alld ulhl'r sums of monpy provided for in .a/d note ond ,hil mortgag., Of' eUh.,.; '0 par aU and
sinfllllor Ihp taxes. as~eJSmE'n", 'ede" liabili!!e., ob!igations, anel encumbranCft 01 et>ery n4ture on .aid pro-
p('rl~': to l)l'rmit. r-ommil or suff..r no waste, impairmrnt or detrrlol'ation of .aid land or th. improvement.
"IPn'oll at utly limp; to ~P"P th(' builclings now or h(,N'afler on !laid land lully in".red In' a .um oJ not leu
than
in a company or companies acc€>plabl., to th(' mortga!Jt!e, Ihe polley or policies to be held b,. and payable
to.' said mOrl90f/ee, ollcl in the ('('Imt any sum of money become. payable by virlue of .uch imuranc. Ihe
morlflOf/l'e sholl hm,p thp right '0 rec€>iv(' allcl apply the ,ome 10 Ih. tnd.btedneu he~by .ectJ.NKl, aC'counllng
to the morlgaQor for any surplus; to pay all costs, charg('s, c..nd expenl.., includtng lawyer'. I..s and UtE.
3<_~''-'H'S, renso,llIf.ly incllrreel or paid by the mortgagee because of the failure of Ihe mortgagor to prompt',
,md full), comply wilh Ih.. agr(,i'menls, stipula/lons. condilions and C'ot'enanll of .aid note and ihit mortllll9.,
or pitlu'r; to perJorm. comply wi1h and abide b, €'ach and every the agrvements. . ltpuloUorul , COMWor.ii cancl
COl'enanl. .pt forth in ,said nol., ond this mortgage or either, In ,he evenl the morlgagor faiL.. to pay when
dIU,> any tax. aSSl'ssmpnl. in!urance premium or other .um of mO/lpy payable by vtrtue of said nole and th"
morlgog('. or eithpr, thp mortgag('E' may pay Ihe samp. wllhoul waiving or affecting the option 10 foreclose
or on)' olhpr riffhl hprpltrHlpr, and all such payments .hall bPOr inl€>rell from dale thert>oj at Ih. highp.t law-
ful raIl' then allowed I,y the law. of th(' Slate of Florida.
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If any mm of monl'Y h('r('in refP1T('dto h. nol promptly paid wilhtn thirty day. next after
rhp same becomps due, or if eocl.' and ('Ppry 11.1' agreements, slipulations. condition. and covenants of .aid
notp and this mortga;!p. or eilhpr, are not fully pflrform..d, complied will. and abid"d by, thm the enUre
sum menlioned in said notp, and Ihis mortgage, or th e pnllre balance unpaid th€>rt'On, .hall forthwith or
therpiJFter, at the option of the morlgngl'(" become and b" elue and pa,able, anything In .atd no'e or Iun-.fn
10 11.1' contrnry notwilhstanding. Failure by thl' mortgagee to exerct.e on" of the right. or opttO'lS herein
prodded sl,a/l nol constillllp a (I'aiver of any rights or options under .aid not!' or thil morl!Jage cu:crued or
"l!'rpoFle. ocauir.g,
In ltfitness \!thereof, the said mortgagor has hpreunto signed and .('aled thelll pre.ents the
,(0)' on'/ ypar Fir~t o/)ol'e (I-rillen.
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5TATE OF FLORIDA,
COl':-;TY OF St. Lucie
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I HEREBY CERTIFY that on this dar. ~fore me, an
offir~r duly authoriud in the State aforMaid and in the County afor{'said to tak~ acknowledgments, penonally appeand
Carrie Favors
to m,' known to br th~ IX'TJon describrd in amI who executed the fore!{oin!l; instrument and she
bt-forr me that '. executed tne urne.
acknowledged
WIT~ESS my hand and offirial ~al in the County and Stat{' last aforMaid tni.
il.pril A, D. 19 61.
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1\0 G E" PI'~Ut4i1f\.O"'\O A
S1. lUC\[ "u ·
8th
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Notary' F i:t;~c. State ,of Florida sf tllTg.',
My Co~mlss.jon Expires Oct, 21, 1'J,64
Bonded by ArT'!r;C"" ~llrely Co. ~: "!j-~.
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