HomeMy WebLinkAbout2353 ~ and shall perJorm, comply wilh and abide 6y ~h and every the agreements, sl~pulationa, conditions and
I co~~ena~ls thereof. and o/ this mo?fga9e. 1{~en this mo?t~oge and ths estate here6y created, ahaU cease, de-
~ te?mine an~I he null an~ roic~.
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~ Ihe morlga~or IIP~I'hy ju?fF~er cove~a~ls nnd ngrees to pay prompl~y when c~ue fhe principa~ and
I i~terest anc~ other sums of money provic~c~ (or in said note and thIs mortgape, or either; to pay a~~ and
i sirigu~ar I~e la.res, nssessmenls, ~euies, ~iabi~ifies. o6ligations, nnc~ encumbrances o~ every nature on taid pro-
perty: fo permif, commit or su~~er no wasle, impairmen! o~ c~eferioration of saicr ~and or fhe irnprovemenls
the?cwn at any lime; b~PPP IFIP 6uildings now or herna)tP~ on caid land jully Insured in a sun~ o/ ~ot less
~i,an Seven Thousand and no/100 - - - - - - - - - - - - - -Dollars
in a company or companies acceplable to the morfgagee, the policy o~ policies to 6~ held by, and pnya6laR
to, said morfgagee, and in the eve~t any sum of money becomes ~yo6l~ 6y i~irtue of suck insurance Ihe
mortgagee Shall ha~~e Ihe riQht to receii~e and apply the same to the inde6tedness hereby secured, aceounti~g
to t{~e mo?I~a~lor (o~ any surpius: to pay al~ costs, c~arpes, ARd expenaes, inc~uding lawyer s~ees ane~ fil~e
~ searches, reasona6ly incurrec~ or paid by t{~e mortgagee because ol the ~ailure oj the mortgagor to promptly
~ ane~ (ully comply ~uith ihe a~reements, stipu~ations, conc~itions and conenants of saic~ note ane~ i~is mortgage.
~ or eit6er: to perform, comply with and abide 6y each and every tke ugreements, stipulafions, conditions and
covenanls set f
orth in said note and this mortgage or either. In the euent the mortgagor /nils to pny w1~en
! due any tax, assessment, insurance premium or olher sum oJ money paya6le by virfue oj snid nole and this
mortgage, or either, ttie morfflagee may pay the same, wit~out waiving or a1lecfing f{~e opiion to Jorec~ose
or any otl~er right hereunder, and aIl suc{~ payments s??aU bear i~terest (rom date thereoj at the highest law-
(uj mle then allowecl by I?~p ?aws oJ the State o/ Florida
~l any sum oJ money /ierein re(erred to be not promptly paid within 3~ day: nexi aJtet
( 1he same becomes due, or ij eacf~ and every the agreements, slipulations, conditions and eovennnls oj said ,
j note and this mortgage, or either, are not (ully perjo?med, c~omplied with and a6ided by, tl~en the enlire
sum menlioned in said note, uncl fl~is morlgage, or the entir+e 6ulanoe ur~paid tlte?eon, sl~al~ joN6wil1~ or
~ therea)ter, at the option o~ t6e mortgagee. 6ecome antl 6e clus and pn7?nble, anytl~ing in said note or 6erein
to the confrary nolwif{~slancling. Fai~ure 6y e1~e morlgagee to exenciae any of t~e rig~ts or options ~erein
prouiclec~ sha~~ nof constilute a waiuer oJ any rig~ls or options under said note or this mo?tgnge aceTUec~ or
i~ereajler accruing.
~n ~~~Il~ ~Il~~l~ the said mortgagor hns_ hereunlo signecl and sealed these presenls t6e
clay and year first abone written.
Signetl, sea~d and delivered in the presence o):
~ o=/r i ga~n. .1,~~ ~
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STATE OF FLORIDA, ~
courrrv oF St . Lucie
I HEREBY CERTIFY that on thu day. before me, an
officer duly authorized in the Stat~ a(oresaid and in the County aforesaid to take ackaowledgmenq, pcnonally appeared
!;Morris Morgan and Lois Mae Morgan, husband and wife,
I~ to me known to b~ the pcrson S deuribed in and who ezecuted the forcgoin,q instrument and t~l@I7 acknowkdRed
E; before me that they ~zecuted the same.
i; WITNESS my hand and ofticial seal in thc County and Swte last a(oresaid this 16th day of
il August A. D. 19G7 ~
~4- ~y 1
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il FIlEO AND RECOR0~0~ Notz-y P.:;,':c. St.:!e ol Ftoi:da ~t lar~e ~
ST. WCIE COUNTY. FLA. t!y cG~.~::~~~-:, E~,;,ps spa~_ i. 1:rJ f'-~.~ '
: RECORn ~VERIFIEO r~..~~~ ~~......4 6 ~ ;
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'6~ AUG I7 PM 3:55 ~
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iiQ;:E,r i'OITR:.S
CLERK CIRCUIT COUR?
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