HomeMy WebLinkAbout0662 and shal~ perJorm, comply with and a61de 6y each and s~~ery tl~e agreenwnb. •tlpulattona, condition~ and
rn~ennnta thereoj, and o/ thts mo?tgage, tl~en thia ntortgage and the atnt~ k.r.6y ~e.d, shal[ aos~, d~-
tern~ine and 6~ nnil arul void.
~ the mortgagor I~eru6y f
urther c~ovenants and ag.ea eo ~,r p+~o~p~ly whvn dw ih. prtnct~I and
intereat and othe~ aums oj money provided (o~ Qn ~4ic~ note and lhia marfgag~. or Nt/~~r: to pny ail ond
aingu~ar f~e tnxes, assessme~is. ~evies. ~ia~i~ities. o~~tgrtttana, an~ er~cwnbrance~ o~ e~ nattw on ~a~ pro-
perty; to permif, commit or suJler no waste, impairment or detertoratto~ o~ satd ~and or the lrnproven~ar:b
Il~ereon at any lime: to ~eep Ihe 6uildings now or hereajter on said land Jullr i+nsur~ed tn a iwre o) no1 lat
~hQ" $3,000.00
in a company o~ rnmpanies acceptable to ftie rieortgagee, the po~lcp or po~iciea to ~ he~ by. and payab~e
to, aatd mortgagee, and ~n tl~e event any swn o~ money 6scomea ~~6te 6y ~trtw o~ such insuranc~ t~e
morfgag~re a/ea~~ haue fi~e rtgl~f to receive artd apply t6e sane to tke ir~de6tedneai I~ereby aecured. aacounting
to the mortgagor Jor nr~q surplus; fo paq al~ cosfs, c~arges. ancl expensea. incluc~ing ~aw~ i f
ees ant~ tit~t
searcties, reasona6ly ~ncun~ed or paid 6y tf~e morfgagee because o~ the ~ai~ure of tIw rwrtgceor to prompllp
and /ully comply wit~ fke agreements. stipu~ations, c~onaittona and covenanta or add note ant~ lhit mortgoge.
o~ etther: to pe?f
orm, rnmply wit6 and n6~de by each and euery the ag?eemenb, stipulnttoru, condtttons and
conenants set jo?th in said note nnd tl~is mortgage or eit!?er. In the event the nw~tgagor jatls to par mleen
due nny tax. assessmenf. tnsurance premium or ot~er sum o( monep poyable 6r virtue oj satd reot~ artd fl?L
mortgage. or either. t~e mortga9ee may pay tJ~e snme, wtthout wafvQr+g or a~f
ecttng fhe opft~n to (oreclose
o~ nny olher r~gl~! hereunde~, and alI sucJ~ payments shall bear inlerest ~rom date thereoJ nt tke highest lau+-
(u1 mte then allowed by lhe laws o/ !he State oJ Flo~do.
~L any sum o~ money I~erein referrec~ fo ~ie not proinplly paia w~t{un t~f12'~q days next n~tp~
the same becomes due, o~ ij each and every the agreemen~a, slipulaltoiu, condiUons and oonenanb oE satd
note and this morfgage, or erlher, ere not ~u~~y per~onnecl, c~nmp~ied wilh and ab~d~d by. f~wn th~ entine
seun rrtenttonec~ tn said nole, and this mortgaee, or t~e enfire ba~ancs unpaid thereon. i~ fo~with or
tl~erea~ter. ot the option o~ Ihe mortgagee, become and 6e dus and pn~?able, anything in said nott or heKin
to the contnnry notwilhstanding. Failwe by tl~e morfgagee to exe~ise any of the rtg~fs or opNau ~iereta
proviclet~ sha~~ not c~onslifute n waiver of any rig~fs o~ options under suid note or f~itt mortgage ac~usd or
thereaJtpr accruing.
~n ~itness ~hereof~ t~e said mortgagor has hereunto stgnecl artd sealecI tl~ese presents tlte
aay nnd year first abo~e wriiten.
Signed, sealed and delinered in tl~e prrsence o(:
- ~s----~--
~'`?_`r,cJ -
~
STATE OF FLORIDA, ~
' covx~r~r oF ST. LIICIE
~ I HBREBY CERTIFY t6at on t6is day, bdore me, an
of6cer duly authorized in the State aforeuid and in the Coun~y aforesaid to uke acknawledgments, personally appeared
; IRA F. THAXTON and WILLIE J. THAXTON, his irife
~ to mc known to bc thc penon S descn'bed in and who executed the foregoing instrument and {~gy ackoowkdsed f
~ -::.pF(ore me that th9y cxecuted the ~ame. ,
I : ~ •_~~VITNESS my hand and o(Ccial seal in the County and State last afomaid this 30th dap of
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! ~ ~ atlgliStA. D. 19
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