HomeMy WebLinkAbout0939 ~ and shal~ pc?jorm, comply wifh and a6ide 6y each and e~~ery tl~e ag?remenls, stipulations, conditio~.s and
c~o~~enanfs thereof, and oJ this mortgn~e, then fhis mortpape and the estate 1~.?+~6y c~?afed. akall c~•e, d~-
termine and 6e null and ~Mid.
~ the mortgagor hewby Jurther rnvenants and a9reas to pay promptly when due the principol and
i~terest and ol1~e~ sums o~ money pro~icred ~or in saicj note artd fhis mo?fgags. or elttier; fo pay al~ a~
singular the iaxes, assessmenis, levies, lia6ilities, o6ligations, and encum6nances of every nature on snid pro-
pe?!y: to pern~if. commit or suf~er no wasle, Impairment o~ deterionation o~ said ~and or Ihe improvements
the~on at any Iime: to k~p rhp 6uIIclIngs ~ow or I~errujter on said Iand f ully insu?ed in a sum o~ not Iess
than Reep it insured for at least $30,000.00
in a company or companies occepta6le to tl~e mortgagee, ihe policy or policies to be heW by. ~d ~yabl~
to, snid morlgogee. nnd in t{~e euent any sum o/ money I~eeomea a,ya6l~ 6y ui~lue oj suck t?uurance the
mortgagee shall hnve the right to receive and opply tl~e same to the tnde6te~dnesa here6y secured, oec~ounting
I to ftie morfgago~ for any swp~us: to pay a~~ eosts, chnr+ges. and expenaes, including lawyeri (ees and tit~e
searc~es, reasona6ly incurrecl or paid by the mortgagee beoause oj f~e fai~uro of ttie mortgngor to prompt~y
~ and (ully rnmply witk the ogreemenls, stipulntions, conditions and oovenants o/ snid note and this mortgage, ,
or eithe~: to per(orm, comply with and a6ide 6y eac6 nnd every the agreentenb, stipulations, c~ondttions and j
' covenanfs sef ~orl~ in said nofe anc~ ltits mortgage or e!t~er. /n the enent the mortgagor ~al~ to pny u~hei? (
due anq tax, osseasment, iruuranos premium or other sum oj money pnya6le 6y virtue oj aaid note nnd thts +
. mortgage, or eit~er, t~e mortgagee moy ~r el~e same, without ~uatning or aj~ecting fhe optiort to jorec~ose
or any ather rlght hereunder, nnd all audn paymenb ahaU 6ear tnterest /rom dote thereoj at the highest law- ~
(uI mte then albw~d 6y e{~e laws o/ the State oj Flortdn.
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any sum o~ money ~erein re%rre~I to Ge not prompllp patd w~tkin 30 ~pt next n~te? i
~ the same becomes due, or i( each and eaery ll~e agreemenb, stipulationa, conditions and rnvenants oj said i
I note and lhis morlgage, or either, are not /ully perjormed, complied with antl abtded by, then the enttro i
sum mentionec~ fn aaid note, and thia mortgnge. or the ent'u+e bajance unpaid t~ereon. s~ ~orthwit~ or ;
thereafter. at t~e option o~ the morfgngee. become and be due urtd papab~e, anpt~ing In said nofe or ~e~+ein
to the conlnnry nofwitl~atanding. Failure 6y tl~e mortgagee to ex~e+cise anr of the righfa or optfona ~erein
providec~ a~a~~ nof conslilute a waiver oj anq rights or options under sald note or this mortgage aocrued or
ttierea f
ter ac~ruing.
1n ~~Ul~ ~~~L~ the saic~ mortgagor has ~ereunto signec~ anc~ aea~ lhes~ presertts the 3
day and yenr f
i?sf above written. ~
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Signed. sealed and deliver~ed in tf~e presence o/: '
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STATE OF FLORIDA~ ~
cou~r oF St. Lucie
I HEREBY CERTIFY that on this day, bdore me. an
officer duly authorized in the State aforesaid and in the County aforesaid to take ackaowkdgments~ penoaally appeared
E. C. Collins and Marilla G. Collins, his wife
i to me known to be the penon 8 dacribed in and who executed t6e [orcgoing instrument and t11@y acknowkdged
before me that ~ey executed the same.
N'ITNESS my hand and official seal in tlu County and State last aforesaid this 14~'1 dar oE
i March, A. D. 19 66 #
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' ROS7 I.UCtE~COUNTYRK
I FLORIDA
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