HomeMy WebLinkAbout1177 and sl~nll perlorm, comp~y wil~ a.?d ab~dA by each anc~ ene?y t~e ogreemenfs. sltpalatioru. rnndiflons wa~
covennnls thereoj, and oj ll~is mortgage, then this mortQa~e Qred tlee e~tele {~e~+eby created, s6all c~eusa. de-
lermine and 6e nr~l! and e*oid.
~nd the morfga~or he~~•by /urther oovenants and egreei to pay promptly ~uhen dus !he prl~cipal ond
in~ernst anc~ ot~er sums o~ neoney prot~ic%cj f
or in saicj note antj this mortgage, or eit~er; to pay a~~ and
sin~eelar 1/eP ta.res, assessments, lenies, lia6ilities, obligntions, and encumbmncea oJ every nafure on said pro-
perly; fo permii, commif or su~~er no u~asfe, impai?ment or deterior+ntion o~ sn~d Ia?~d or fhe improvemen4
thereon nt any t:me; to ~PpP IhP 6ui~dings now o~ hernuJfer on soicl ~und ~u~~y Insu?et~ in a sum oj not ~ess
~F~an
i?i a company or companies accepta6~e fo fhe mortgagee, 1/~s po~tcy o~ policies to be I~eld by. ~d ~yable
to, sai~ mortgngee, anc~ in the event any sum ol money beeomea ~yab(~ by virtue o~ auch insurance f~e
morfflngee s~n~~ ~ave fhe rig~t to receive anc~ apply ihe same to the inde6~edness hereby secured, acrounteng
to t~e mortga~o~ ~or anv surp(us; to pay aI! eosts, charges, ancj expenses, inc~uc~tng ~awyera ~ees ant~ llt~e
searches. reasonably incurred o~ ~~d by elae mortgagee because o/ ti~e jailure o~ the mortgago~ to promptly
an~ ~«1ly rnmply tvith fhe agrepments, sfipu~ations, conc~ifions an[I covenants oj snic~ note nncj i~ia mortgage.
or eil{eer; to per(orm, comply u~ith and abide by eacl~ and every !he agree~nents, stipu~ations, rnnc~ifions and
covenants sef ~orf~ in said note anc~ f~is r?torfgage or either. ~n the event t~e mortgagor fai~s to pay u~hen
due any tax, assessmer~t, insurarice premium or other sum oj money paya6le 6q vtrtue oj aaid note and this
~ mortgage, or eifher, t~e morl~agee may pa~ the same, wil~out waiving o~ a~~ecting the opfion to ~orec~ose
or any other ~igl~t F~ereunder, and all such payments shall 6ear i~terest Jrom date t~iereoj at tl~e higl~est law-
{ul rate tF~en allowc~l by thp [nws o/ tl~e State o/ Floric~a.
any s~im oJ money I~erein re(errec~ to be nof promptly paid witF~in thil'ty dnys next after
t~e same 6ecomes c~ue, or iJ eac~ and ei~er~, f~e agreements, sfipulalions, eonclit~ons and covenants o~ safd
note and tl~is mortgage, o~ eill~er, are not jully perjormed, comp[ied with and abided by, then Ihe en[ire
sum mentioned in said nole, and tf~is mortgage, or the entire balance unpnid tlier~eon, ahall ~orthwtth or
tf~erea~te~, at f~e opfion o~ the mortgagee, become and 6e due and payable, anqehing in said reote or lee~etrs
to the conlmry nolu~it/~standing. Failure by the morfgagee to exer+cise any o~ the ?~tg~fs or options ~ierein
proi~idec~ s~a« not constifufp R U~AIi~Pt O~ any rig~ts or opfions unc~er sai~ nole or this mortguge nccruetl or
fher~afl~r accruing_
~n ~itness ~herenf~ the said mortQaQor l~as {eereunto signed and senled tl~ese presents the
c~ay an~ ypar ~irs! a~ione u~ri~len.
$ignecr, sea~ed and deli~~ered in Ihe preserice of :
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STATE OF FLORIDA, ~
COLTNTY OF St. Lucie
I HEREBY CER?IFY that on thi: day~ before me, an
o//icer duly authorized in the Statr aforesaid and in the County aforesaid to tak~ acknowledgments~ penonally appeared
Ethei Brunson
to me known to b~ the pcrson deuribed in and who ezecut~d the fongoing instrument and st1¢ acknowkdaed
before me that 5~16 cxecuted the same.
WITNESS my hand and official seal in the County and Stat~• last aforesaid this ~
9~' a~ ~r
March A. D. 19 ~ •~.`C :ulr%~)~":'.
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