HomeMy WebLinkAbout0226 anc~ sf~a~I pe~~orm, cor?~p~y u~ifF? and abide 6v each anc~ e~~Pry the agreementa, stipulations, conditio.u and
covenants thereof, and o( tl~is mortgage, then this mortc~age and the estat~ ~e~?,eby created, ~hall cea~e. de-
tprmine ond be null and void.
Ii~ t~e rrtortyogor herc+~y further covenarets enc~ agree~ to pay prompt~y u~~en due tlte principal w?d
interest and otl~er sur+zs aj ,~o.~ey p,~o~~ded ~or in ~aid note and thia mortguge, or either; to pay all and
sin,yu~ar t{~e ~~XP3, ass~ssments, levies, liaf?ilities, o6ligations, and encum6ronce~ o~ every nature on said pro-
perty; to permit, comneit or suffer no waste, impairment or deteriomtion said ~ans~ or the improvement~
thereon at any time: to RPFp t~p 6u~Id~nQs nou~ or herPafter on cnid land (u~ly insured in a aum o( not Cess
tF~an '!~iffi~"I'7 OI~IE HONDREb ~ 00~7.Q0 DOI.I,ARS
in a compan,y or companies accrptab~e !o the mortgogee, t~te po~icy o~ poTicies to be {~e~ by, and payable
to, sait~ mortgagee, anc~ in t~se event any sum of money becomes rxiyabl~ 6y virtue o~ such insurw~ce the
mortgaflee shn[[ have t~e rig{?t to receive and app~y the same to the ina~ebtec~ness h~~6y se~ured, account~ng
to the mortgac~or for any surp~us; to pay al~ custs, c~?nrg2s, uncl expena~es, tncluc~ing ~ar.uper~a ~ees and tit~e
searc~e~, reasonab~y inct~rred vr paid by the mnrtg~gee becawe of t{~e ~ai~ure oj !{~e mortgagor to prompt~y
anc~ fu11y comp~y with the agreernents, slipulations, conditiona anc~ covennnts o~ said nofe anc~ t~is mortgage,
o~ eilher: to per`orm, comp~y with nnc~ a~ic~e by each nnd e~~ery the agreements, stipu~ations, conditions anc~
roi~ennnts set ~ort~ in saic~ note and this m~rtgage or eithe~. in the event the mortgagor fails to pay u~hen
due any tax, nssessment, insurance premium or other sum of money paya6le 6y virtue o~ suic~ note and thia
mortguge, or eit~er, the morlgagee may pay the sume, without wairing or af
fecting the option to ~orec(ose
or any otker ri~ht hereunder, and all surh payments shall bear interest ~rom date thereo~ at ti?e Itighest Iaw-
(ul rate then allowed by the Iau~s o~ !hp State of Florida.
~L any stim af money herein rpferrec{ to ~?e ncz! promptly pnid within ciays next a~ter I
the same ~ecomes ~ue, or if each anc~ ec~ery the agreements, slipu~ations, con~itions anc~ covenants oj said
note and this moriguge, or either, are not Jully perfornted, complied with and ~bided by, the?t the entire
sum mentioned in said note, and tl~is mortgage, or tl~e entire bnlance unpaid thergon, shalI Jorlhurith or
tF?ereaf ter, at the option of tF~e mortgagee, become and be c~ue and paqabte, anylhing in aais.~ note or ~ere~n
to the contrary notwithsianding. Failure ~,y the mortgagee to exercise any of t~e rig~ts oi'' Optiona herein
proi~ided shall not ronstittde a u~ait~ar of any rig~ts or vplions unc~er saic~ i:ote vr this mortgage accn~ec~ or
tfiereafter uccruiRy.
~n ~i~ness ~hertof~ tf~c~ said mortgngor has hereunto sdgnec~ and sealed these presents the
~ay a~~~ year f irst Q~vt~e u~ritten.
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I `Si9ne~I. sealed and tlelirered in t e~e o(:
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STATE OF FLC?RIDA, ~
COLNTY OF ST. LUCIE ~
~ I HEREBY CERTIFY that on this day, before me, an
~ officer c~uly~ authorized in the State aforesaid and in the Count~~ aforesaid to tak~ acknowiedgmenta, ptrsonaliy appear~d ~
~i Pearl 'I~rson, unramarried Wi.dox of C. F. Tyaon, Sr., deceased ~
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~ to me known to be thc person described in and wha executed the foregoinq instrument and Srl!! acknowl~dged
E before me that she exccuted che same.
I~ ~4'IT'.~ESS my ha.id and oificial seal in the CcLmty and Statc• last aforesaid this R~ day of
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1 May A. D. 19 b5
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- , Aliy Ccmmission Expnes Nor. i~. 196~ I
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