HomeMy WebLinkAbout0017 and shal! pe?/orm, ~omPty wieb a.~d a6td. 6y eacl~ ~d ei~ery ths agreemenb, attpulationa, condtllons nnd
c~o~~enunb theroo~, and oJ thts nto?tgage, th~n tl~ta mortgags and the estats 6a+eby crsated, shall ceoss, d~-
termine and be null and ~otd.
~ ~e9~,or 1~~6y ju.el~~ and age+~ to pny promptly when dut the principal and
tnterest and other sums o( money providsd ~or in ~aid~nots and thia mwteagv, or ettker: to pay all nnd
singu~ar f~e tnxea, assessmenis. ~evtes. ~tabi~tlies. ob~igations, and encum6rnnc~ea o~ evenr naturs on said pro-
perty; fo permtt. commtf or suf
jer no wasle. impairment or dete~io?ntton oj :~td la,~d or the impro~~eenenb
f~erecn at any time: to k~p fhe 6utldtngs now or ke~ra~t~ on satd bnd /uUr fntur+ed in a aum o~ not ~esr
r6~ insurable value.
in a eompnny w conywnies acceptoble to the morlgaeee, the policy or pollctes to 6e held by. ~d pa~bb
to, said mo?tpagee, art~I in l1~e event any swn o~ money ~iecomea ~xiyabb by virfue b( tuch tnsuranc~ tke
mo~gagee shall I~aue the ~gh! to recetne and apply the same to the tnde6tedness here6y secured. a~ounfing
to the mortga~or /or any surplw; fo pay nll costa, chnrges, nnd expenses, i~dudtng Iawyer i~eea and titlt
searches, reasona6ly incurred o~ puid 6y ihe mo?Igagee because o~ t~e (ai~ur+e of fhe morfgago~ lo prompt~r
-an~ jully rnmp~y wif~ !~e agreements, stipu~aflons, conc~itiona and oovenants o/ said note and tRb mortgae~.
or eit/~er; fo perJwm, rnmply wtth and a6ide 6y each and every the ag?eements. sNpu~ations, eondtttons and
oovena~ts set ~ort~ tn sa~ note and tk4 mortgage o~ eilher. In the enent th~ mortgaAor jaib to pay whsn
due any tax, assessment, i?uuranc~e premiwn or other sum o~ mon~? ~ro6[~ 6y vtrtue o~ snid note and t1~b
~nortgage, o~ either. fhe mortgagee maq pay t1~e aame, without waiving or a~~ecttng the option to jorec~ose
o~ any other rig~t her~!under. and all aud~ payments a{wu bear interest ~rom date tkereof at tke ~ighett law-
~ul rate Il~en allowed by 11~e lawa oj the State o/ Fiorida.
any sum oJ money herein re(ened to 6e not prompt~y pai~1 within 30 dny, next a~ter
the same 6ernmes due, or ij each and euery the agreements, stipu~atfons, eo~diltona and covenanb o/ safd
note and l1~is mortgnpe, o~ eilber, ar~e not Jullq per(ormed, c~omplied with and a6~d~d 6y, then the entire
sum mentioned in saitl note, nntl f~is rrtortgage. or the entir+e ba~ance unpaid ther+eon. shaU jorthwith o?
ther+ea~ter, at the oplion oJ t1~e mortgagee, beoome and be due and paya6le, anything in said note or he~+ein
to t~e c~onfrary nofwil~slanding. Failure 6y t6e mortgagee to exerrite any of t~e rights or opNons /~erein
provided aha~~ not eonstifufe a waivp~ o~ any ?ig~ts o~ opfions under saic~ note or t~iia mortgage accn~ed or
I~ereajter nccrui~g.
~n ~~~II~ ~~Ol~ the said morigngor hat ~errunto signec~ an~ sea~ec~ tkese presenis f~e
. day anc~ qear ffrat ajiove writfpn.
$igned sea~ecl ancl cleliveretl in t6 prese~ce o~:
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~ STATE OF FLORIDA~
~ CoUrmr oF ST. LUCIE ~
~ I HEREBY CERTIFY that oa t6u dar~ befon me. w
~ o(ficer duly authorised in the State a(orcsaid and in the County aforeuid to take acknowkdaments~ peraonally appeued
s ~
~ Robert E. Lee and Katherine B. Lee, His Wife ;
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to mc known to be the penon S de~cn'bed in and who executed t6e foregoin~ instrument aad they ••~~~oQ~~E~'`' ,
~ ~toM ~ ~c they~m.«a cb~ '
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~ WII7VESS my hand and otGcial seal ia the County and Scatc lut aforesaid this lrj{~ ~ ~ ~"~yl~
~ January A. D. 19 6 8. - cI
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~ ~~C~7/~J,,•i~ /~//J N t i
~ -•r - , . ..t:.
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_ Notary PubYic, ~ State of ~ Fla. at ~~I;~tge : ~ ~s`?''
My commission expires: ~M t.vL 1°~ 9''1'~•.:,.
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This lnstn:;netzt ^ Prenared By
BEtJA~It~J L. ~RY:1~, JK. F~LED AN(} RECORDED
~ P. O. Lox 3230 ST. LUCIE COUNTY. FLA.
' F~E CQ~'i n?=1ED
~ Raulerson Buiiding ~
Fort Pierce, Fbri~ ~
'6s ~1~~J I 5 PFI ~2 : 0 I '
~ 16348.~ `
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~ '-i~ ~ : ~~-i
~ _ CLERK CiRCUIT COURT ~ ~
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~ B00!(17O PAGE 1 ~
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