HomeMy WebLinkAbout1711 stipulations, conditions and covenants of sa id note and this mca~tgage
or either; to perform, comply wzth and abide by eac~ and every the
agreements, stipulations, conditions and covenants set forth in said
note and this mortgage or either. In the event the mor~gagor f
ails
to pay when due any tax, asees$ment, insurance premium ar other sum
of money payable by virtue of said note and this mortgage, or either,
tha mortgagee may pay the same, without wa3ving or affecting the
option to foreclase or ar~y other right hereund~r, and all such pay-
ments shall bear interest from date ~thereof at the highest lawful
rate then allowed by the la~vs of the State of Florida.
IF any sum of money herein referred to be not promptly paid
withi.n 30 days next after the same becomes due, or xf each and
every the agreements, stipulations, conditione and covenants of
said note and thi~ mortgage, or either are not fully performed,
comp].ied with and abided by, then the entire sum aentioned in said
note, and thi~ mortga~e, or the entire balanee unpaid thereon, shall
for~with or thereafter, a~ the option of the mortgagee, become
and be due and payable, anything in said note or hsrein to the
contrary no~withstanding. F~lure b~ ~he mortgagee ~o exercise any
of the rights or options herein provided shall not constitute a
waiver of any rights ar aptions u~Zder sai d nat e or this martgage
aceruea or thereafter accruing.
IT TS FURTH~R AGREED BETWEEN THE PARTIES HERETO, that in
consideration of the sum of One Dollar and other valusble consider-
ations tc them paid, the receipt whereof is h~reby acknowledged,
the said parties of the first part, do hereby assign, transfer and
set over to the said party of the second part, the following described
mortgages, together with the promissory nat~s therein described and
the maney due and to beGOme due thereon, with the interest, as same
accrues thereon, and all the right, title and interest of the said
party of the first part in and to the premises in the said ~ortgages
d~scribed, wi~th the fu1.1 benefit of all powers, rights, and remedies
express~.y or impliedly contained therein and conferred thereby upon
the ~aid par~ies of the first part, to-w~t:
1. That certain mortgage from BILL GEOR~E LANCASTER and
ERMA JEAN ZAr1CASTER, his wif e, dated May 15th, ~95s and
recorded B~ay 27th, 1958 in Mort;gage Book 146 at page 658
of the public recards of St. Lucie County, Florida.
2. That certain mortgage frem VYILBUR R. GRIhiM and CLARA
V. GRIMM, his wife, dated August 22nd, 1g60 and recorded
August 29th, 1g60 in Mortgage Book 167 at page 596 of the
public records of St. Lucie County, Florida.
3. That certa~n mortgage from b~AEBELI, CHAUNCEY, a single
adult, dated June 30th, 1960 and recorded July 25th, 1g60
in Mor tgage Book 167 at page 8 of the public records o~
St. Lucie County, Florida.
4. That certain mortgage frc~m DAViD R. RICHARDS and BETTY
RICHA.RDS, his wife, dated January 30th, 1964 and recorded
February 5th, 1964 in Official Record Book 80 at page 357
of the public records of St. Tucie Caunty, Flarida.
~ 5. That certain mortgage from VPILLIAM ARTHUR GAINOUS and
~iYRTLE I, GAINOU~, his wife, dated June 27th, 1961 and
4 recarded June 30th, 1961 ~n Official Record Bonk 13, at
page 350 of the publiG rec~ds of St. Zucie Coun~y, Florida.
6. That certain mortgage from E. PA~RIQIA STEVENS, a single
adult, da~ed Decemt~~r 10th, 1963 and recorded December 30th,
1953 in Official Record Bo~k 77, at page 612 0~ the public
records of St. I,ucie County, Florida.
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