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HomeMy WebLinkAbout2185 and :ha~I pe~jonn. comply with and a6ide 6y each and ei~ery the agreementt, itlpulntfo~u. c~or?dittona and couenanti Ihereoj. and o/ thi: mortgage, tl?en this mo?tgage and Ihe esfate heroby created, ihall cenr~. d~- termine and bs null and void. ~ the mortgagor hen?6y /urther covenanta and ugrees to pay promptlr when dut ths princlpul aad inferest and othe~ sums o~ money provtdec~ ~or tn said note and fhis morteage, or eit1~~: to poy a~l and singu~ar fhe faxes. assessmenfa, ~eules. ~ta6i~ilies, ob~igalions, and encumbranees o/ euery natura on said pro- perty; fo pe?mtt, commi! or su~Jer ~o waate. impai?ment w dete~tornfion oj s~d ta.~d or the i~nprooemenb Ihereon af any fime: to keep the 6uildings now o~ herearter on aatd ~and f ully insu?ecI in a sum o~ not ~ess than TMrer?ty-five hundred & no/100 dollars in a rnmpany or companies accepta6le to the mortga9ee, the poltcp o~ policies to 6e keld by. ~d ~,yabl~ fo, satd mortgagee. and in tl~e event any swn o/ money 6c?comes ~xiya6l~ 6y vtrtue oj such inswnnce t6e mortgngee sf~all I~ave the ~ight to receiue nnd apply the some to ~he tnde6tednes: here6y aecur~ed, ac~ounting to the mortga~or ~or anq surplus: to poy a~~ costs. ctiarges, and expenset, tnc~udtrtg jawyer i ~ees and tit~e aearches, reasona6ly tncurr~ or paid by I~e mortgagee becawe oJ the ~at~ure oj the mo?tgagor to prompt~y and jully comply wi11~ tF~e agreements, stipulations, conditiona and rnvenants o( satd note and Ikb mortgage. o~ eilher; to per/o~m, comply witl~ and a6tde 6y each and euery the agreements, stipulutions, eonditions and covenants sef forl~ in saicl note and f~ia mortgage or either. In the event the morlgogor ~ni~a to pay when d~e ~r t~, assessment, insurance premium or ot~er aum of money pa~+a6le 6y vtrtue o~ aatc~ note and thlt mortgage. or eifher, Itie mortgagee may pay ttie same, without wniving or a~~ecftng the option to jorec~oae or ony otl~er rigl~t hereunder, and ull sucl~ pnyments sholl 6ear interest ~rom date thereo/ at tl~e highest law- ~ul mte tF~en allowed 6y Ihe laws o~ fhe Stafe oj Florida. Dl any sum o( money herein re'PR~ t0 be not prompt~y paid wilhin ~ days next a~te? the same bec~omes due, or i( eack and e~?ery Ihe agreemenfs, stipu~alions, conc~ifions and covenunts o~ sald note and lhis mortgage, or PlIlIP~, are not jully performed, complied witl~ and abtd~d by, then the entire sum mentioned in said nofe, and ihis mortgage, or t6e entire balnnce unpatd t6eneon, s1~ll /o.thwttk or thersa~ter, at t~o option o( t{~e mortgagee, become and be due nnd payable, nnyt~ing in iaid note or I~e?ein to t~e contmry nofwithsfanding. Failure 6y t{~e mortgagee to exenciie any of fhe rig~ts or opttona herein providec~ s{~al~ nof consfifule a u~aiver o( any rig~ts or options under satc~ note or this moNgage necrued or fhpreaJter accruing. ] ]n ~Lll~ ~0 ~ the saic~ mortgagor has hereunto signec~ antl senlec~ tl~eie preaents fhe tjay anc~ year ~int ahove u~ritten. Signed, sealed and deliv in the presence of : . . - _ P . ox _~r _ . - . ~ ~ ~ E E € STATE OF FLORIDA, ~ ~ covrrrY oF ST. LJCZE ~ ? ~ I HEREBY CERTIFY that on this day~ before mq an ~ officer duly authorized in the Stat~ a[oresaid and in the County atoresaid to take acknawledgments~ pertonally appeared ~ ~ IVORY KO~~?E and WIL~STr'~t MOORE, his Wife~ i ~ to me known to be the penon g deuribed in and who e:ecuted the foregoinq instrument and y~hp ack~owkdaed ~ before me that tYl~ ~xccuted the same. WI1'NESS my hand and o(ficial seal in th~~ Countp and Statc last aforesaid this 3~,~1 day of duly A. D. 1~. . _ _ i.. ,•J - . • • - • • ~ _ . . . ~ 1 ` A, ~ , • . C, • ~ - . _ ~ • - ~ ` ~ F1LE0 AND RECOROEO , ' ST. LUCIE COUNTY. FLA• Notary Pubbc. State ot Fla:;:a ~t 1~~qe q ~ ~ i RECORD VERIFIEO f~l ~ h~~~ +~~~+•~~e~J ~ - ~ ' ~ . . _.~~~,~~~h~ • ~ '66 AUG I AM 10 . I S ~ . . . . . 14'7295 iZOvER ~OITRAS CLERK CIRCUIT COURT ~ ~ g~~5~ 384 ~~.g.~ _ _ ~ar.sd ~3. ^ ~ "'csB" "'Yr~ ~ ~ ~ 6 7.~.,. s ' `Y~. . . SE~i'~''.^%