HomeMy WebLinkAbout2514 and shall pe~form, comply wifh und a6ide 6y each and ei~ery tl~e agreement:, sttpulatto?~s, conditions and
co~~enanls thereoj, and oJ Ihis mortgage, then 16is morfgape and the estats hereby created. ~hai[ c~eare, de-
termine a~~ Ge nu~~ ant~ voic~.
~d the morlgaQo~ he~oby f urthe~ co~enanls and agrees to pay promptly when due the prt+ecipal and ~
tnterest and ofl~er sums o~ money pronic~e.~ for in sald note nnc~ t/~it mortgage. or eithsr: to pc~y a~~ and
sinflular thp laxes, ossessments, ~evies, ~iabi~ities, objtgafions, nn~ encumbr+ances o~ every noture on aaid pro-
perly; !o permil. commif or su((er no u~aste. tmpairment or de~eriomlton of said land or the improueme~ls
therenn at any (ime: fo ~PPP t~P builc~ings now or ~+errajter on said land ~ul~y insured In a sum of not ~ess !
than $~,500.00 fire and extended coverage ~ ~
in a c~ompa?~y or cornpanies accrpla6le to the n~o~tgagee, the policy or policiea to 6e held 6y, and puya6le
to, saia r~ortga~ee, an~ in fhe evenf any sum o~ money bec~omes ~yn6l~ 6y vittue o~ suc~ insurance fhe
mortgaRPe Sh~l! ha~~p 11~e tifllit io receive and apply the snme to tl~e inde6ted~esa I~ere6y secured, acrounting
to the morlga{~or ~or any surp~us; io pay aj~ costs, c~4rges, and expenaes, including jau~yei's (ees ancl tit~e
senrches, reasonably inci~rrecl or paicr 6y the mortgagee becuuse o/ 1he failure o( the mortgagor !o proinptly
~ and (ully comply wilh the agreements, stipulalions, conditions and cuvenants a/ said note and li~ts mortgnge,
I or eif~er; to perform, comply wifl~ and abide by each Qnd every ttie agreemenfs, atipujafions, condittons ane~
~ covenants set forl~ in said nofe nnc~ f~is morfgage or eifher. jn the evenf the mortgagor fails to pay when
I due any ta.r, assessmenf, insurance premium or other sum o~ money paya6le by virtue oJ satc~ nole aru~ ttiis
~ mortgage, or eif~er, fhe mortgegec~ may pay Ihe same, without waiving or aJ~ecting fhe opfion to lorec~ose
~ or any otlter righf herptentler, and al~ such pnyments shall benr inlerest ~rom date thereoJ at the Riehest law-
~uI rate lhen allo~ved 6y the Inws o( the Stale o/ Florida. ~
~ ~l any sum of money herein re(ened to be not prompf~y pnicr within -1~- days next aJle~
,
~I t/~e same becomes due, or e/ ea~l~ and every Ihe ag?eements, slipulafions, condilions and covennnb o~ said
~?eote ar~d Jhis morlgat~e, or either, are not ~ully perJormed, rnmplied with nnd a6~ded by, tlten !?~e enlire
sum menlioned in said note, and tleis mortgoge, or tF~e entire balanc~e unpaid thereon, sl~ll JoMhwt~h or
tl~ereajter, at thc option oj fi~e mortgagee. 6ecome a~d 6e due and paya6[e, anytl~ing in satd note or herein
to tl~e contrary notwithstanding. Failure by tl~e mortgagee to exencise any oJ the rtgl~ts or opttona herein
providecr sha~~ not CORSIIIIItP a wniver oJ any rig~its or options une~er satd note or this mortgnge aocruer~ or
~ therea(ter accruing.
in 7~~LIl~ ZV~~`~ fhe saic~ morfqagor has her+eunto signe~l and sealed these pneaenla tlee
~ ~ay an~ year (irst atiove « ~ritten.
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Signec~. se led antl delinere~cl 'n the presencp o~: ~ -
y
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STATE OF FLORIDA, ~
cou:v~rv oF ST. LUCIE
I HEREBY CERTIFY that on this day, beton me, ae
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~ ofticer duly authorized in the Statc aforesaid and in the County aforesaid to wk~ ackaowledgmenb~ personaAy appeared
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~ il Willie J. Johnson and Pauline Johnson, his wife
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~ to me known to be the prnonS described in and who executcd the forcgoing iastrument and they=~t~ka~a
~ Z beforc me that they~x«„c~a the same.
t WITNESS my hand areci official sea) in thc County and State last aforesaid this ZI1C~ day of
~ ~ June A_ D. I9 66•
~ ~ i
' ~ ~ ~ • ~ CJ~O~'p,v~ . .
~E Notar Public, State of Florida
; pN0 ~V~C~'~• p at Large. My commission e ires:
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