HomeMy WebLinkAbout1330 and shall perform, comply wilh and a6tde by each and every tl?e agreements, stipulntions, conditions nnd ~
co~~enants lhereoJ, and oj Ihis mortgage, then this mortgage and the eatafe I~e.~6y created, aF~all cease, de- ~
fermine ancr be nu~~ and iwid. ~
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f g g bv (urther covenanls and ngrees to pay promptly when due Ihe princtpal nnd ,
he morf a or herr. '
interest and ofhe~ sums oJ money provided /or in said note and this mortgage, o~ etther: to pay ull and ;
sinflu~ar Ihe fa.res, assessmenfs, ~evies. ~iabi~ities, ob~tgafiores, anc~ ~ncumbrances o~ euery nnfure on said pro- _
perfy: to permii, commit or su~~er no wasfe, impairment or c~eferioration oj said land o~ the tmprovemenb ~
:hereon at any time; to kppP ~hp 6uildings now or herea~te~ on ~aid lnnd ~ully insured In a surn o~ not Iess !
than FIVE THOUSAND AND NO/100 DOLLARS '
in n company or companies acrepta6le to t1~e morfgogee, the polIcy o~ policiea to 6e held 6y. ~d ~ya6i~ ~
fo, said mo?fgngee, and in the euent any sum oJ money 6ecomes rxiya6l~ 6y virtue of such insurance the
mortgngee shall have the right to receive and opply the same to the inde6tedness he?c6y secured, nc~couriting
fo the mortga{~or ~or any surp~us: fo pny a~~ costs, cha~ges, and expe~ses, incluc~ing ~awyers (ees anc~ fitle !
searches, reasona6ly incurrecl or paid by the morfgagee 6ecuuse of the ~ailure oj tl~e mortgagor to promptly ~
and juJly comply wilh fhe ngreements, stipu~afions, concritions anc~ rnvenunts oj said Rote and tl~is mortgage. ~
or eithPr: io perjorm, comply u~ith and a6ide 6y each and euery the agreements, stipulations, conditions and
co~~enanls set fortl~ in said note ancl tl~ia mortgage or either. In the event the mortgagor /aila to puy when :
due any tax, assessment, insurance premium or ot{~er sum o/ money paya6le by virtue oJ said note and tl~ia ~
morlgage, or either, fhe mo~tgagee may pny f~e snme, wifhout waiving or af(ecting fhe option fo jorecloae ~
or any ot{~e~ ripht hereunder, and all such pnyments shall 6ear inlerest Jrom date thereoj at tl~e highest law-
fu~ rate tl~en a~~owed by tF~e ~aws of tl~e State of F~oricrn. ~
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any sum of money ~erein rejerred to 6e not promplly paid within 10 daya next a~ter ~
the same becomes due, or i j each and euery the agreemenfs, stipulations, condilions and oovenants o/ satd .
note and t1~is mortgage, or either, are not (ully perJormed, compjied wil1~ and ab~d~d 6y, then tl~e entire ~
sum menlioned in snid note, and t~is mortgage, or t6e entire balance unpaid t{~eneon, a1~aU (ortl~u~ith o~
tl~erec~(ter, at tl~e option of !he mortgagee. 6ecome nnd 6e due and pnya6le, anrthing in aaid note or herein
fo f~e confrary notwithstanding. Failure by the mortgagee to exe~cise nny of t~e rig~b or optiona ~erein ~
prouided s~a~~ not constitute a waiver oj nny rights or opfions under saic~ note or thu morlgage accruet~ or '
f~erea~ter accruing.
~n ~~lll~ fhe snid mortgagor hns I~e?eunto signed and sealed these presents tke
dny and year f
irst aEiove written.
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Signed, sealed and delive~ed in fhe presence o~: ~ - ~
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STATE OF FLORIDA. ~ ~
Cou[v~rx oF ST. LUCIE '
I HEREBY CER?IFY that oa t6is day, beforo ux. an
o(ficer duly authorized in the State aforeuid and in the County aforcsaid to uke ackaowkdgmenb~ penonally appeared
- Claude C. Tillman and Margaret B. Tillman, His Wife ~
to mc known to be the penoa6 described ia and who executed t6e forcgoing imtrument and they ackoowkdged
before me that they ~K„e~a c~~ -~j '
WITNESS my Land and of[icial seal in the County and State last aforesaid this day of
~ March i9 66. •
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FIL ~N ECO DED Notary Pub ic, State of ~~pY~. ~~~tv; Lh~~e
~ ~y~~_ •'•OOK My commission expires: .Zi~.G9:•. ?
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~ '66 4'~:R 2 I P~~ !2 : 62 ~,,,<<<<~~f,:,,; _ , ~
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ST. WCIL ~OU~~TY. -
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$ooK 141 ~ ~
127
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