HomeMy WebLinkAbout2661 and shall perform. comply wilh and abide by each and ~very t1~ ug?wm~nb. atipulatloru. c~ondltions and
couena~ts t~e?eo~. anc~ o~ ftita ntortgage, t{~en t~b mortguge and fht s~tot~ ~~eby croaf~. shau cvae~. di-
termine and bs null and ooid.
,
~ ebe ~no.egagor he.v6y Jwtker coue?anb and ogro.s to puy promPtly wh.n dw tl~. p.+ncdpat o.~d
intereaf and otl~er awns o~ money provided Jor in aaid note anc~ fhla ~nortgags. or eitkK; to pay au nrt~
singu~ar fhe faxes, asses:menb. ~euies. ~tabi~iliea, o61t9atto?~,, and encumbr~anoa o( euery nafuro on iaid pro-
parly; to pe?mlf, rnnimtt or su~fer no woste, impairment or dete?iorafion of aaid ~and or fh~ improven~enb
therecn at any time: to ~eep thP 6ullding~ now or I~e?rw/ter on said land /ully tnsured in a sum o/ Rot leas
el~nn its insurable vsiue
in a coinpany or oompnnies occepta6~e to t~e mwtgagee, the po~icy or polictes !o be ~?e~ by. and paynb~t ~
to. satd mortgagee. and fn t1~e event any sum o~ money beeomei ~~61~ 6y ~u. o; iuch inauranc~ tha
rnortgagee shn~~ have fhe rigkt ta receirs and npply the aame to t~ie indebtedneia here6y securtd. ac~eounting
to ttie mortgagor ~or anq surp~w: to pny a~~ cwts. c1~a~ges. and exp~niss. incluc~tng lawyer a(esa and tit~e
aearchea, reasonably incurrecl or patd 6y the mortgagee 6acawe o/ the /atluro oj t6e mortgagor to proinptly
a?~ ~ully rnmply u~ifh the agreemenfs. stipu~otiona, c~onditions and conenanti o/ said nofe and lbis mortgnge,
or eit6er; to perform, c~omply with and abide 6y enck nnd enery tke agr+een~e~b, stipulaNona, condtftons and
rnoennnb set ~orth in ssid note and thia mortgage o~ eit~ie~. In t~e event !1?e nartgagor f
ails to puy when
due any tax, assessment, inswnnce premium or other sum o/ monep papa6le 6y virtue o/ snid note and tkb
mortgage, or either. the morfgagee moy pny the same, wiftiout waiving or af~scftng the optton to ~wsc~ose
or any otl~er rigl~t 6ereunder, and a!I auch pnymenta al~all bear intereat /rom dab t6ereo~ at ~t1~e hig6est Inu~-
~ul rate then aUowed by the laws of the State oj FIo?ida.
~l any sum of money l~erein r~e%~ to be not prompfly pn~ withtn 30 c~nyi ner! a~ttr
the same 6ec~omes due, or ij each and every the ag?ee~nenta, stipu[utions. conditions and c~ouenanb oj snid
note and f~is mwtgage, o~ either, are not fu~~y perfor~ned, oumplisd wit~ and a6tded 6p. ehen the entire
sum mentioned in said note, and this mortgage, or the entire balanc~e unpaid fkeneon, slwl~ fortl?witl~ or
therBajter, at t6e option o/ the mortgngee, become and be dus and papu6le.'anything in said note or heretn
_ fo t~ee c~onfrary notu~itl~standing. Failure by the mortgagee to exenciie any o( the rig~ib or options /~e?ein
providec~ s{~a« not eonstilute a waiver oJ any rig~ts or optiona unde~ satt~ note or fhta mortgage arcnaed or
thenea~ter accruing.
~n t{~e said mortgagor has her+eunlo iigned and aealed fkese presenta the
dny and yenr ~irst nboue written.
Sign sealed and deliue in t6e presence oJ:
, C_ .
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Eiw~ _ icha d S an ,
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~ El~2abeth Sloan ~
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STATE OF FLORIDA, ~ -
COUNTY OF $t. Lucie
I HEREBY CERTIFY that on this dar. be[ore rae~ an
of(icer duly authorized in the Stat~ a[orcsaid and in the County afor~said to take aclcaoMrkdgments~ penoaaUy appeared
~ Elwyn Richard Sloan and Elizabeth J. Sioan, his wife,
~ to me known to bc the pcnon S described in and who eaecutcd the (orcgoirg instrument and WYlO uknowkd6ed
betorc me that theY exccuted the same. ~
WITNESS my hand and of(icial seal in the County and Statc last a(orcsaid this day o[
f~ October A. D. 19 (~(j
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ROEO Notary Pu ic _ ~ 1 '~i
FIlEO AN~ RECO : . ~ -
Y F~,~
S7.R~1r
F~COU~~ fE0 ~i~tarv w~nwc statP ~t • ~Rs~ , y~"'. =
- M Commtssion ExPires Dec 1~~49b9L~} '
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B«~dea b!r Trsnsamerica ~nsiua n e~ C
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352
.t~.j149.~~Y~
~~ERK CIRCUIT COURT
~1 BOOK ~51 PACE ~bO I
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