HomeMy WebLinkAbout2183 ancl shuj~ per~o?m. ro~pty wtil~ and a6tde by ~h a~d e~~ery the agreeme~ts, stipu~alions, eondtfioiu nnd
rnt?enanfs I~ereo~, and o~ tl~ta morfgage. t~en f~~s mo?tgage and t~e estnts I~em6y cneated. stia~~ ceas~, d~-
lenn7ne and 6e null and i~oid.
~ tl~n morf8a~or hewby /urther eouenants a~d agreea to pay promplly whai due Ih~ pN?~cipal and
tnleresl and olher aums o~ money providecj lw in satd note a?u~ fhia mo~tgags. or eit~~r; to pay a~~ and
si~gu~a~ fhe faxes, auessmenfs. ~evies. lta6iliti~?s. ob~igalions, and encum6ranc~es oj eusry Rature on said pro-
perty: to permtl, commit or su~fe~ no wasfe. impnlrrnent or deteriorat[on o~ satd iar~d o. the improvements
thereon at any time: to heep the 6utldings now or F~e?pajler on sai~ iand juUy tnsured in a aum o/ not lesa
than ($11,000.00) ELEVSN TSOUSAND DOLLARS----------------------------
in a company or companies acceplable to f~e morlgngee. Itie po~tc~r o~ policles to lis he~ by, and iwyabls
fo. said mortgagee. anc~ in fhe event any aum oj money beoomes ~yabl~ by vtrfue of such insurance t~e
morlgagee shajl have t~A r~ght to rereive and apply the aanee to f1~e inde6tedness here6y securecl. aocounting
to fhe mortgagor (or any surpltes: to pay a~~ rosfs, choraes. and expensea. fnc~uding ~awyer
a~ees and tttjs
searclees, reasonably lnct?rred or paid by fhe mortga9ee becnuse o~ the jnilure o/ the mortgagor to promptly
nnd fully comply wit1~ the agreemenls, stipu~aftons, condilions and rnnenants of satd note and t~is morlgage.
or eilher; to per~orm, comply with and abide 6y eac1~ and every the ng?eeme~ts. stipu~ationa, condiUons and
couenants sef fo~t1~ in said note and this mo~tgage o~ either. 1n the event tf~e mortgagor jails to pny when
due any fax, assessmenf, insurance premium or other sum oJ money payable by vQrtue oj said ~ote and t~iis
mortgage. o~ eit~er, t1~e mortgagee mny pay f~e same. wifhout waioing o~ a(~ecfing flte optton to Joreclose
w any otl~er rig?~t hereunder, and aII such payments ahall bear interest jrom date fher+eo/ at the highest law-
(u[ rate Ihen al[owecl by tl~e laws o/ il~e Sta1e o/ Flo~tdo.
~l any sum o( money herein re~err+e~ to lie no! promptly paid within THIRTY claya next nf
ter -
I t1~e snme 6ecomes due, or iJ euch and every t~e agreements, sfipulattons. conclifions aret~ rovenants o~ sa~
- I note and tl~is mortga~e, or eithe~, u?e not /uily ~r/onned, complied witb and abid~d by, then t1~e entire
. aum menttoned in satd note, and this mortguge, or t6e ente;re balance urspaid tbe~eon, sl~aU )ortl~u~ith or
~bereaJter at the option o/ the mortgagee, bc~corne and 6e due and pa~6le, anythtng in said nots or heretn
to the confrnry notwi!{istanding. Failure by Il~e morfgages to exencise any of the rdghfs or optiona het+ein
pnovicjed sha~l not consfifute a waiuer of any righfs or options u~der saic~ note or this mortgage ac~crued a~r
thereajtpr acrn~ing. ~
~n ~~u`~ tbe suid mortgagor has hereunlo signed and aealed these p?esents the
day and year f
irst abone writlen.
Signed, sealed and deli ~ered in th nesence oj:
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s P t rsen
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~~~E11~ etersen
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STATE OF FLORIDA. ~
co~rr~rv oF St . Lucie
I HEItEBY CERTIFY thac on this day~ before me~ aa
of(icer duly authorized in the Statr aforcsaid and in the County aEoresaid to tak~ acknowkdgments~ persomUy appeared
IlSOPHUS PETERSEN and ELLY PETERSSN, hia wife
~ to me known to be the person S described in and who executed the forrgoing insirument and t$ey acknowkdged
~ before me that they ~xKUted the same.
_ WIT:~IESS my hand and o((icial seal in the County and State last aforesaid this 1 S'` day o[
vG.I! 7 A. D. 19 G7 .
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OTARY PUBLIC - St at~ ot',,~ , ti~t
' ~ F1LE0 AND RECORtTEO" at Large = ~ - ' ° =
€ ( ST. lUC1E COUNTY. FLA. - r ~ r~ ' " ~ ;
I~ R~CORD VERIFIEO My Conuaission Expires..- ~ ;
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4 ~2OGL'K 'OfTR~S
` CLERK CIRCUIT COURT _
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~i aooK167 ~c~2183
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