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HomeMy WebLinkAbout2552e~~~ ~~' rasE4~~ and sha!l perform, c~umply with and abide by ea'cltia~iN rr~ t~tbF[:fl~~c•ments, stipulations, conditions and rocenonts therraf, and c! this mortgage, teen this mortgage and the estate hereby created, shall cease, de- termine and be WWII and raid. ~ntl the nurrtgapor hemby Jurtper covenants curd agrees fo pay promptly w{ten duo the principal and interest and aihor sums of money provided Jor At said note and this murlgnpe, ur either;", to pay aII and si:tpular the loxes. assrssnx•nfs, levies, Iiabililies, obligalio•ts, and encumbrances of every nature on said pro- perty; hr permit commit or suffer no teaste, impairment or doferioralion uJ said Iand or the improvements tpemun at any time; !o Roe'p the buildings Wort or hereafh•r on snid Iand (ally insured in a sum of not Iess than Eleven Thousand and nc/i00 - - - - - - - - - - - - - in a cornpvny ur contpanic~c arceptnble !o rile mortgapee, the policy or pulicies to be held I>y, and payable to, said mortgagee, and in rile event any sum of money bocomes payable by virtue of such insurance the mortgngoe s{tall havo the right fo rnc•eivo and apply 1hr same to the indebtedness hereby secured, accounting l0 1{te nutrtpu~tor Jor any surplus: l~ pay aII costs, charges, oral expenses, inclurlinp Iauryer~s fees and title searches, reasonably incurred or paid by rho mortgagee because of Ipe failure of the mortgagor fo promptly noel fully comply ceilb the apreernents, stipulations, conditions and covenants of snid note and this mortgage, or either: !o perform, comply tnifb trnrl abide by each and every the apreemonts, stipulations, conditions and c-ovennnls set forth in snid note and this mortgage or either. Irt the event the mortgagor Jails fo pay tehen duo any fox, nssessnu•nL instrranc•e trremium or other sum of money payable by virtue of said note and fltis mortpnpe, or oilher, the mortgagee may pay Igo same, roit{tout waiving or affecting the option to foreclose or tutu other right hereunder, nnrl all such payments shall hear interest from dote thereof at the hippest Intn- JnI cafe teen nllotved by the Incas of rho ~taM of Florida. •DL any snm of money herein relerrod lu be not promptly paid wifltin 3~ clays next offer the some becomes due, ar i( each and every the ayroements, stipulations. conditions and covenants of snid note and this nutrtgafto, or either, aro not fully porfornted, complied u~itp and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortpagoe, become and be due and payable, anything in said note or herein to the contrary nofwithsfand[np. failure by the mortgapee to exercise any of the rights or options herein provided spell no! constitute a uraiver of any rights or options under said note or tilts mortgage accrued or flterenfter accruing. ~fl ~ltlt~SS ~hereo~, Ilse said mortgagor has hereunto signed and sealed these presents the day and year first above written. Siprtecl, sealed and delivered in thv presence oJ: r oho A. Stinson ~,,nn M. Stinson ~..;,•• i ~ n~~. 1. A'~ ~~'`•O~Y ~~ ~' p ':.~ ~~f . ~-r.:. s . ST:~TE OF FLORInA, C<)l'tiT1' OF ST. LUCIE HEREBY CER"1•IFY that on this day, before me, ar. officer duly authorirrcf in the State aforesaid and in the County aforesaid to take acknowledgments, personally aptxared JOHN A. STIN$ON and ANN M. STINSON, husband and wife, to nu• known to ile the pc; son 8 descnbed in and who executed the forrgoing instrument and they acknowledged befo[c uu• that they executed the carne. '. • ~~'I'I'\F.SS my hand and official seal in thr Count)• and State last aforesaid this 20th day of ~-'.~>. ~C~t~t}JeY' A D 19 62 . aa:,~,-,y ,~ ~ 1'J _~-~,w i .J, -~1.i~43 _ ....... ;, ~ .:~•, !v__ e~ ____" ~eC4ft~ ------_800K 1961 DEC 20 PM 2: S2 ROGER POITRAS, CLERK p ST. LUCiE COUNTI', FlORiOb (,~ I ~`'~'~ i. •. .r ... *'CQ : \~UIQ~ .~ . -•. t: ~~r~,;~:K:. _ : ~• „ . •.~ , ':t~