HomeMy WebLinkAbout0486 and shall ~~erform, comply u~itl~ and abide 6y each and e~~ery fhe ag?~ee~nenta, ~tipu~aflons. c~onditlons and
coi~enanfs thereoj, and ot Ihia mo~tgage, tF~en tl~is morlgage and the esfnte l~ereby createt/, iha~l censs, d~-
termine an~I ~ null ant~ twid.
~ IRp morfgago~ F~en~6y ~u?ther covenanls and ag?ees fo pny promptly when due fl~e princtpal and
inferest anc~ other sums of money proi~idecl for in said nofe and Ihla mwtgage, or etf~er: fo pay aj~ at~
sinflula~ thp taxes, nssessments, leutes, lia6ililies, o6ligalions, and encum6rances of euery nnlure on saltl pro-
perfy; fo pe?mil, commit or sujJer no wasfe, impairment or deterto?+atton oj said bnd or t~e improuemenb
~he.rwn a1 any 1imp: to k~p ihp builc~ings now or hereajter on said land ~ully insiurd tn a:um o( not leu
than ZUdf;LVE THOIISAND & 00~100 DOI.IJIRS
in a company or companies accepla6le to tl~e morlgneee, the policy o: policies to be held 6y, und pnynble
to, saic~ mortgagee~, ane~ in ftie event nny sum o~ monvy becomea ~xiya6l~ by vtrtue o~ such instunnce the
mortgagee shall haae the right to receiue and apply the same to the i~de6tedneu 6ere6y tecured, acoounttng
to f~e mo?l~a~or ~or any surplus; ~o pay all rosrs, charges, nnd expenses, inc~uding ~awyer s~ees and tif~e
searc~es, reasonab~y incur?e~ or pai~ by 1{~e mortgagee 6ecause o~ the ~ai~ure o( the mortgagor to prompt~y
and (ully comply u~ith the agreemenls, stipulaftons, condifions nnd conenants oj sa~d note and tl~ts mortgage.
or eilher: to perJo~m, comply witlt anc~ abide by each ancl euery the agreements, stipulations, conditions and
conennnts set jorth in said note and thts mortgoge or either. /n tke event tke mortgngor jails to pay when
due any tax, assessment, insumnce premium o~ otl~e~ sum o( money paya6le 6y virtue o/ said note and t{~is
. mortgage, or eifher. ~he mortgagee may puy e1~e same, wit~out waiving or at1ecftng the opfion to ~orec~we
or any other right hereuncler, a?ed all such payments shall 6eor interest )rom date thereo) at the I~igl~eat lnw-
(ul rate then allou~e~l by tlie loius o~ tl~e State o~ Florida.
~l any sum o( mo?iey herein re(errec~ to 6e not promptly paid within t.t1~-1't~ c~ays next a~ttr
tlee same 6ecomes due, or ij each ar.d every the agreements, atipulations, conditions and c~ovenanb o/ said
; ~~i~i~~ d?~ 11~is mortgagp. ~~r:~Qttier, are not ~u~~y pe~ormecr, compliecl wif~ nnd Q6tded 6y, then the entire
sum mentioned in satd note, and ~his mort9age, or the entine bulance unpaid tF~e~+eon, shnll jorthwith or
thereu(fer, at t1~~ oplion oJ Ihe mortgagee. 6ecome and 6e due and poya6le, anything in said note or I~erein
to the conlrary nolwif?~stantling. Failure by !he mortgagee fo exencise any ol t~e rig~b or optfons ~er~in
pro~~iclecl s~a~~ not consfifufp a wairer of any riq~fs or opfid/i3 unt~er aai~ note w t~is mortgage aecruetl or
!{~erea~i~r accruing.
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~n ~~~1~ tl~e said mortgagor Ras {~ereunto signed and sealed t6ese presenfs fhe
c~ay anc~ year ~irsf atiove u~riften. l.v.~.. ~N~'~y•• -s
Sip , sealed and deli~~ in Il~e presence o):
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STATE OF FLORIDA~ ~ t
courrnr oF ST. LIICIE
I HEREBY CERTIFY that on t6u day, beforc me, an
of(icer duly authorized in the Statc aforesaid and in the County aforesaid to tak~ acknowledgments, penonally appearcd
WILI,IAM H. HIISON and DAIIRA H. HIISON, his t~ife and RUTH C. HIISON~ a~r3.dox
to me known to b~ thc person g described i~ and who executed the for~going instrument and tt1A~ acknowkdaed
before me that they exccuted the same.
WI7'NESS my hand and official seal in the County and State last aforesaid this 2()~1 day of
~ , - Feb• A. D. 19 ~
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~ My Comm ss on Er ::res '.'av 1?. 196~ `
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