HomeMy WebLinkAbout1575 and shall perform, comply with and abic~e by each ancl ei~ery tf~e agreer~tents, atipu~ations, conalttions and ~
rovenants fhereoJ, und oj this mort,qage, t~?eri t{~is mortga,qe and t{?e esfafe I~ere6y creatoc~, ahall tease. ~e-
termine and 6e null and i~oid.
the mortgagor her~~by f urt~er covenants and agrees ta pnq promptly u~hen due tl~e p~incipol and
infere~t ancl o!{~er sums o( money provicjec~ ~or in aaid nnte artd t~it mortguge, or either; to pa~ a~j ane~
singular the taxes, assessments, levies, liabilities, o6ligations, and encumbrances a/ every nature on satd pro-
perty: to permit, commit or su/fer no waste, impairment or deteriomtion oJ satd land o~ t{~e improveneents
lhereon at ariy time; to keep the buildings now or hereafter on sai~nd (u«y irwured in a aum o( not Ies~
than ~S`29 ~ 375. 00
in a company or companies accepla6~e to the mortgagee, the po~icy or PO~ICtPJ !o be he~ by, and pa~ya6le
to, said mortgagee, and in the event any sum of money becomee ~ya61~ 6y virtue a{ such inaurance the
mortgavpe shall ha~e the right to receive and apply t{?e same to the inde6tedne~s 1?e?e6y secured, accounting
ta the mr~rtga,ryor (or any surp~us; to pay a« costs, c{?arges, and expenses, inclrading ~auryer~s ~ees anc~ tit~e
searrhes, reasonab~y incurred ar paid by the mortgagee 6ecause of t{?e ~ai~ure of the mortgagor to prompt~y
and Jully comply wilh ti?e agreemenls, stipulations, conditio?w and covenanta o( ~a~d norF ~d ~h~ ?~o~eg«~e.
or eit~er; to perform, comply wit{~ and abide by eac{? anc~ every the agreements, stipu~tiorw, cortditiona and
covennnts set ~orth in said note and this mortgage or eithet. 1n tl?e event the mortgngor faila to pay w{ten ~
due any tax, assessment, inswance premium or other sum o( money paya6le 6y virtue of said note ancl thia
mortgage, or either, the mortgagee may pay the same, without waiving or a`~ecting the option to (orec~ose
or any ot{~er right {?ereunder, and all such payments shall 6ear interest ~rom date thereo~ at the highest law-
(ul rate tl~en allowed 6y tfxe laws o~ the State o( Floridn.
~l any sum oj money {~erein re(errec~ !o be nof prompt~y paid within thirty days next a~ter
the same 6ecomes due, or if each and every the agreements, stipulations, conclitiona and covenants af said
note and this mortgage, or ~ither, are not f ully per(ormed, complied with a?id ab~ded 6y, t/~en the entire
sur» mentioned in said note, and this mortgage, or the entire balance unpaid thereon, a1~aU ~orthwiti~ or
therea~ter, at the option o~ the mortgagee, 6ecome and be due and paqa6le, anything in said note or 1?e~ein
to the contrary notu>it~stan~ing. Failure ~y the mort~agee to exercise any of the righta or options herein
proi~i:Ie~cl shall not constitule a waii>er of any rights or options under said note ar this mortgage accruec~ or
theren~ter ac'cruing.
~n ~~Nl~s Wh~~~~ the said mortqagor has hereunto signed and seajed these presents the
~ay an~{ year f irst ahove u~ritten. ~
Signe , sealed and d lii~ered in !i?e presence o(:
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STATE ClF FLORIDA, ~ ~
CoL'`''I'Y OF ST. LUCIE
I HEREBY CERTIFY that on this day, b~fore me, an
o(fic~r duly aut;~orezed in the State aforesaid and in th C unty afore id to take acknowledgments, perwnaily apptared
Forrest R. Jnrdan and Haze~ J~r~an
also known as Hazel Augusta Jordan, his wife ~
to me known to be the persor~ described in and who executed the fortgoing inetrument and they acknowledgod
I bPfare rne that they exccuted the same.
` 6VITNESS my hand and ofticial seat in thc County and 5tate last aforrsaid this Z~ ~~A day of
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Qc t obe r A. D. 19 6 S I
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