HomeMy WebLinkAbout2482-' a ~~ 52 l~sf41~
and s{tn(l perform, comply tuith and aBit{e .hrY Ceak{t~~f`~ ~l~r~,the agreements, stipulations, conditions ^nd
covenants thereof, and of this ntoaftfagP, then fhit mortgage and the estate hereby creaiPtl, shall cease, de-
fermine and he nut( and void.
~~nd fhP mortgn{tor hereby further covenants and agrees fo pay promptly when due the principal and
interest nnr{ other sums of money provfdPd for in said note and this mortgage, or elf{ter, '.fa pay all and
singul?tr the ta.tFS, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly: to permit commit or suffer no waste, impairment or deterioration of said {and or the improvements
tlu~n~un at nny time: !o l1PPp t{re buildintrs noes or herFafter on snid land fit{ly insured 1n a sum of not IPSs
fhnn $7,500.00 fire and extended coverage
in a company or com~aniPS aca•eptahle to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee. anti in the event nny sum of money bea•omes payable by virtue of such insurance the
mO/fga[fPP !{loll have the Tight t0 refPIVP alld apply the same to the indebtedness hereby secured, acr-ounting
fo IhP mortgcpor for any surplus; to pay all rosfs, cnarges, and expenses, including lawyer`s fees and title
senrches, reasonably incurred or paid by the mortgagee because of the fafhue of the mortgngor fo promptly
and fully comply w:fh the agreements, stipulations, conditions and covenants of said note and this mortgage.
or eilh~r; fo perform, ccrnply with and abide by each and every the agreements, stipulations, conditions and
rovertnnfs set forth in said note and this mortgage or either. /n the event the mortgagor fails fo pay when
due nny fax, assessment, insurance premium or other sum of money payable by virtue of said note and f{tis
mortgage, or either, the mortgagee may pay the same. without waiving or of feeling the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date !hereof at the highest law-
ful rate then allowed by the Iaua of site Sfafe of Florida.
~f any sum of money herein referred to be not promptly paid within ' -i5~ days next niter
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the same bPr•OmPS due, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or Pifher, are not fully perfornted, cornplted with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entiro balance unpaid thereon, shell forthwith or
thereafter, at IhP option of the mortgagee, become and be due and payable, anything to said note or herein
to the contrary nofu~ithstanding. Failure by the mortgagee fo exercise any of the rights or options herein
provided shall not consfihrtP a waiver of any rights ar options under said note or this mortgage accrued or
thercaf]tPr ar~crjui`ng. F
in ifl-~lness ~~~Q~L, f{. r• snid rnorfgngor has hPrnunto signed and Sealed fllFlf presents fhP
day and year first above tvriffen.
St sealed an lPli a din the ~resenrro of
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a .bP FLORIDA,
~TY OF St . Luc i e
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I FiF,REBY CER1•IFY that on this day, before me, an
officer duly authorized in the Stair aiorcsaid and in the County aforesaid to take acknowledgments, personally appeared
Thomas E. O'Connor and Barbara A. OtC~nnor, his wife
to me known to be the person $ described in and who executed the torcgeinq instrument and they acknowledged
tx(orr me :hat they executed the tame.
~~'IT'VESS my hand and official teal in the County and State last atoresaid this ~~ - day of
December A. D. 1962
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0 AND R{"CORDED
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8 PM 4: 03
1962 OEC
Nola y Pubic, State of Florida
at Large. Njy commission expi res:
tioncly„ cy „r:ar,can 5urotynCu.~.or• ~..~:
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ROGER POITRAS, CLERK n
ST. IUCIE COUNT'(, FLORIOAQ