HomeMy WebLinkAbout1749 and shall perjorm, comply wIih a~d abtde by eacR and every fhe agreemenb. sfipu~alions, eonc~ltiona and
rnvenants thereoj, and oj Ihis mortgage, il~en thts mortgage. nnd ths eatate hsre6y created, ihull c~ease, de-
te~mine and 6e null and void.
~ lhe mortgagor hen+6y /urther covenants und agree~ to pay promptly wken due the prtncipnl and
interest and othe~ sums o/ money provtded /or in said note and t1~ia mortgage, or either: to pay all and .
stngu~ar t1~e faxes, nssessmenfs, levies, Ita61lities. obligations, and encum6mncea oj s~er~r nnturs on snid pro-
perly; to permif, commlf or su/le~ no wasfe, impairmenf o~ deterioratton oJ satd la,~d or t~e impro~emenb
Ihereon at any time; lo k~P the 6utldings now or he?ea~ter on satd Iand /ully insured tn a sum oj not lesa
than . •
in a company or rnmpanies accepla6~e !o Ihe mortgogee, Ihe poltcy o~ polic~es fo 1~ held by, and payab~e
fo, said mortgagee, ana in fhe event any sum o~ money becomes ~.yable 6y ~irtue o~ such insumnce the
mo~tgagee shall F~ave I?~e right to receive nnd npply the same to t1~e inde6tedness here6y secured, acc~ounting
fo i/~e mortgagor ~or any surp~us: eo Poy al! oosts, c~arges. and expensea, incluc~ing jnwyer i jees ancl ttt~e
senrches, reasona6ly incumed or paid 6y the mortgagee 6ecause of the ~ai~ure oE the mortgagor to prompt~y
ana ~ullq comply with the agreements, stipulations, conditions a~d c~orenants of said note and t~is mortgage.
or eilher; to perJorm, comply with and a6ide by each and every 16e ngreemenls, stipulations, conditions ond
covenanls set /orth in said note ond this mortgage or either. In the event the morlgugor /aila to pa~ when
due ony tax, assessment, insurance premium or other sum of money payn6le 6y nirfue o/ said note and this
mortgage, ot eit{~er, fhe mortgagee may pay f~e same, wifhout waivirtg or Q~jecting the optlon to ~oreclose
or any ~other rig6t he?eunder, and all such payments shall 6ear interest jrom date thereoF at the 6ig6est luw-
(ul mte then albu~ed by t1~e Inws o~ the State o~ Florida.
~l any sum of money ~erein re(erred to be ~ot promptly paid wifhin daya next a~ter
the same 6ecomes due, or iJ each and every the agreements, stipulafions, conditions and couenants oj said
note and t?~is mortgage, or either, nre not ~ul[y ~~/ormed, complied witl~ and abided bq, then the entirs
sum mentioned in said note, and this mortgage, or th e entire balnrtce unpaid thereon, shaU )orthwith or
thereajter, at the option oJ the mortgagee. 6eeome and 6e due and payable, anylking in snid note or herein
fo fhe confmry nolwiliutanding. Falure 6y the mortgagee to exer~cise any o~ the rights or opHons he?ein
provided s~a~~ not constifufe a waiuer o~ any rig~fs or options under saicr note or fhis mortgage accrued or
thereaf fer accniing.
~n tf~e said mortgagor {~as hereunto signed and sealed tl~ese presents tl~e
clay ancr year (irsf atiove u+riften.
Signed. . sealed nnd delinered in the presence oJ: . .
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` STATE OF FLORIDA. ~
q COL'NTY OF 3T. LUCIB
I HEREBY CER?IFY that on this day~ beton me~ an
officer duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledgments, penonally appeared
George H. I~brgan and Buth M. Morgan, his wife ~
to me known to be the person described in and who executed the foregoirtg instrument and they acknowkdged
heforc me that they executed the same.
~~ITtiESS my hand and o(ficial seal in the County and Statc last aforesaid this 4t~ day of
August A. D. 19 67 '
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fIL~O ANO RECORDED ........~~~-----------------------------------~---2-~----'--~--•--•--•--•--.. ~
3,T. LUCIE COUNTY, RLA. Pbtary P~b~ic. St~te o1 qorid~ ~t
RECORO VERIFIED
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CLERK CIRCUIT COURT : ~ . ~ ~ ' .
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